Prime Movers Lab Rundown: Ax-2 Astronauts to Return Home, Paradromics Raises $33 M Series A
Prime Movers Lab and its portfolio companies made headlines this month for their steady progress toward solving some of the world’s biggest problems. Be sure to read the latest updates from the Ax-2 mission to the International Space Station, Energy Vault’s progress on two gravity-based energy storage systems, and the Series A raised by Paradromics. Here are the top stories this month.
CNBC: SpaceX delivers private Axiom crew to the space station, carrying Saudi astronauts (Axiom Space)
CNBC: Neuralink competitor Paradromics gets one step closer to FDA approval for its brain implant (Paradromics)
Fierce Biotech: Paradromics reels in $33M, FDA breakthrough tag for mind-reading brain implant (Paradromics)
Fast Company: Now is the time for startups to hire top talent (Prime Movers Lab)
Reuters: Stellantis invests in US start-up Lyten to develop lithium-sulfur batteries (Lyten)
CNN: Hypersonic rocket travel (Venus Aerospace)
Triad Business Journal: Boom Supersonic lines up sustainable fuel for Overture testing (Boom Supersonic)
Quartz: A pair of space upstarts are competing with SpaceX to rescue the Hubble Space Telescope (Momentus)
Bloomberg Green: Startup Energy Vault Is Closer to Finishing Gravity Storage Project in China (Energy Vault)
Futurism: Ingenious Plan Could Save NASA’s Hubble Telescope (Momentus)
Popular Mechanics: For Gravity Batteries, It’s Time to Put Up or Shut Up (Energy Vault)
Mass Device: Cognixion wins FDA breakthrough designation for BCI for assistive communication (Cognixion)
Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives. We invest in companies reinventing energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture.
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