ALTA, Utah — Frontier Aerospace raised $10 million in Series A funding from AEI HorizonX, the venture capital fund formed by AE Industrial Parters and Boeing.
“This latest funding round will accelerate Frontier’s engine development activities, support major expansion of manufacturing and vacuum test facilities,” Frontier Aerospace president Jim McKinnon said in a statement. “In the past, test facility availability has been by far the largest schedule driver. With this new investment, a modern test facility will be fully developed for rapid implementation supporting…
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News Source: spacenews.com