● Importantworld1 outlet covering thisCalibrating

SpaceX alumni building remote-controlled construction equipment land $115 million fund round

First publishedJul 14, 13:00 UTC

Last updatedJul 14, 16:03 UTC · 5m ago

1 outlets over time — hover a bar for its window & outletslast updated

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Answer

Reported by 1 outlet — CNBC Top News. See all sources ↓

As SpaceX's Elon Musk sells investors on a space economy with life beyond Earth, a two-year-old construction startup founded by two of the company's former engineers is positioning itself for the future of interplanetary infrastructure. TerraFirma on Tuesday said it raised $115 million in a funding round with investments from Kleiner Perkins, Bain Capital Ventures, and defense tech companies SpaceX, Anduril and Hadrian. The Austin-based company uses a combination of interfaces, including Xbox controllers, to remotely operate construction equipment, and says its tools cut costs and improve safety. Long-term, the company wants to build on Mars.

Read the full report at CNBC Top News ↗

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In brief

What's the story?: As SpaceX's Elon Musk sells investors on a space economy with life beyond Earth, a two-year-old construction startup founded by two of the company's former engineers is positioning itself for the future of interplanetary infrastructure. TerraFirma on Tuesday said it raised $115 million in a funding round with investments from Kleiner Perkins, Bain Capital Ventures, and defense tech companies SpaceX, Anduril and Hadrian.
How widely is it covered?: 1 outlet, average source rating 7.0/10.
When was it last updated?: 5m ago.

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1Coverage
Scouting report
SpaceX alumni building remote-controlled construction equipment land $115 million fund round
Sources1
TypeCoverage
CNBC Top NewsJul 14, 13:00

Related in the knowledge graph

organizationAnduril organizationAs SpaceX's Elon Musk organizationBain Capital Ventures organizationEarth organizationHadrian. The Austin-based organizationKleiner Perkins organizationSpaceX organizationTerraFirma

Sources (1)

Avg source rating 7.0/10

CNBC Top News7

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