Colorado ONE Fund Invests in LEAP, a Space Logistics Startup Pioneering On-Demand Launch Technology

Whats Happening:

Colorado ONE Fund has announced a seed round investment in LEAP, a space logistics startup based in Lafayette, Colorado. LEAP is developing cost-effective, responsive launch solutions using its proprietary Dual Mode Rocket Engine (DMRE) technology. The company aims to provide simple, mass-manufacturable, low-cost launch options that complement traditional vehicles.

Key Moves:

• Colorado ONE Fund invests in LEAP's seed round

• LEAP plans to launch its first test vehicle into space within 12 months

• LEAP is expanding partnerships across Department of Defense and commercial space sectors

By The Numbers:

• LEAP plans to launch its first test vehicle within the next 12 months

• Colorado ONE Fund partners with the Colorado Venture Capital Authority (VCA)

• ONE Funds boasts 250 years of cumulative defense experience

Key Quotes:

• "We are excited to partner with LEAP as they redefine reliable, on-demand access to space," said Kevin O'Neil, Founder and CEO of ONE Funds.

• "We're excited to partner with the Colorado ONE Fund," said Chris Beckman, CEO of LEAP.

• "Colorado ONE Fund is proud to support visionary aerospace companies like LEAP," added Kevin O'Neil.

Bottom Line:

The investment by Colorado ONE Fund in LEAP represents a significant step in advancing innovative space logistics technology. This partnership aims to drive innovation in national security, create high-paying jobs in Colorado, and strengthen the U.S. position in global space logistics. The focus on rapid-response, mass-producible launch solutions could potentially reshape the future of responsive space transportation.

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