- Sierra Space, the subsidiary of exclusive aerospace service provider Sierra Nevada Corporation, is settling a raising of nearly $300 million, CNBC has actually discovered.
- The round values the space firm at concerning $5 billion, according to 2 individuals knowledgeable about the deal.
- The fresh funds come as Sierra Space concentrates on obtaining its Dream Chaser spaceplane flying.
Artist’s making of Sierra Space’s Dream Chaser spaceplane in this undated handout gotten March 25, 2022.
Sierra Space|through Reuters
Sierra Space, the subsidiary of exclusive aerospace service provider Sierra Nevada Corporation, is settling a raising of nearly $300 million, CNBC has actually discovered.
The round values the space firm at concerning $5 billion, according to 2 individuals knowledgeable about the deal, that asked to continue to be confidential to talk about interior issues. Sierra Space anticipates to reveal the raising as quickly as today, those individuals claimed.