Overview
- Konvoy led the $10 million seed round with Decisive Point, Cubit Capital, Wave Function, Space Capital, Dynamo Ventures and Channel 39 participating, bringing total funding to $14 million after an oversubscribed raise.
- Delphi‑1 is scheduled to launch on a SpaceX rideshare in the first quarter of 2027, carry hosted payloads, and attempt recovery at Australia’s Koonibba Test Range under a partnership with Southern Launch.
- Lux Aeterna plans a parachute drop test by late June and a critical design review in early April, fielding a 200‑kg craft built around a rigid heat-shield structure with autonomous guidance and a heritage chemical propulsion system.
- The inaugural mission is fully booked by commercial and defense customers targeting hypersonic testing, on‑orbit computing and in‑space manufacturing, with 30 kg of payload capacity on this vehicle.
- The company is choosing Australian landings as U.S. reentry licensing remains difficult, reflecting a regulatory environment shaped by Varda’s FAA experience and ongoing capsule efforts from Inversion.