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Top related persons:
Karan Kunjur - 1 Neel Kunjur - 1 Brad - 1 Glenn - 1
Top related locs:
Los Angeles
Top related orgs:
K2 - 1 Alpine Space Ventures - 1 First - 1 Capital - 1 Republic Capital - 1 CNBC - 1

Search resuls for: "Republic Capital"


3 mentions found


☆ K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
  + stars: | 2024-02-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. The company's latest fundraiser was led by tech investor Brad Gerstner's Altimeter Capital and joined by Alpine Space Ventures, adding to the $8.5 million in seed funding it raised from investors including First Round Capital and Republic Capital. K2 declined to specify its valuation after the most recent round. "This round is effectively built for the demand that we're seeing for launching constellations of the Mega class satellites," Karan Kunjur told CNBC. K2's Mega class satellite bus — the physical structure of a spacecraft that provides power, movement and more — is sized to fit in "heavy" and "super heavy" rockets.
Persons: Karan Kunjur, Neel Kunjur, Brad, Glenn Organizations: K2, Alpine Space Ventures, First, Capital, Republic Capital, CNBC Locations: Los Angeles
☆ China warns against travelling out of Central African Republic capital after killings
  + stars: | 2023-03-20 | by ( ) www.reuters.com   time to read: +2 min
BEIJING, March 20 (Reuters) - China's embassy in the Central African Republic has urged its citizens to avoid travelling outside the capital, Bangui, after a report that nine Chinese nationals were killed in an attack by militants at a gold mine outside the city. Chinese President Xi Jinping has called for "severe punishment" of the perpetrators in accordance to the law, and said the safety of Chinese citizens must be ensured, the Chinese foreign ministry said in a statement on Monday. The security risk level in the Central African Republic, apart from the capital, was "red", or very high, the Chinese foreign ministry added. The ministry said it would work with governments and guide Chinese embassies and consulates to take further effective measures to fully safeguard Chinese citizens and enterprises in Africa. There have been several attacks on Chinese nationals abroad in recent months, prompting embassies to issue warnings and safety alerts and conduct evacuations.
☆ Meet the brothers building massive spacecraft to leverage SpaceX’s Starship
  + stars: | 2023-03-10 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +4 min
What we're finding is that, with the new launch capabilities of vehicles like Starship, there's actually an interesting opportunity to go the opposite direction," Karan Kunjur told CNBC. Los Angeles-based startup K2 Space, co-founded by CEO Karan Kunjur and CTO Neel Kunjur, is setting out to build satellite buses — the physical structure of a spacecraft that provides power, movement and more. A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive satellites in a bet that towering rockets such as SpaceX's Starship are the way forward. K2 Space, a play on the brothers' surname and a nod to astronomer Nikolai Kardashev's scales of civilization, marks Karan and Neel's first venture together and fuses their previously divergent careers. For K2, the company is targeting prices that would be unheard of for satellite buses of these sizes.
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