ATX Ventures and Draper Associates led a $25m Series A round in Slingshot Aerospace.

ATX Ventures, an early-stage venture capital firm and Draper Associates, a venture capital firm, led a $25m Series A round in Slingshot Aerospace, an innovative satellite, aerial, and drone signal processing AI and analytics capabilities company, with participation from Edison Partners, Embedded Ventures, Valor Equity Partners and Lockheed Martin Ventures. “Space situational awareness is ripe for disruption. No common platform exists for satellite operators to communicate and collaborate in real time with actionable information to resolve on-orbit conjunctions and optimize global space awareness,” said Daniel Herscovici, Edison Partners Partner.