Phase Four secured nearly 60% of its Series C funding, led by Artemis Group Capital, highlighting strong investor confidence in its advanced in-space propulsion technology.

The University of Oklahoma signed an agreement with Phase Four, Inc. to collaborate on space propulsion research.

Former NASA administrator Jim Bridenstine is making his first investment in a space company, backing the satellite propulsion company Phase Four’s latest fundraising round.

Phase Four, a leading provider of next-generation electric propulsion (EP) solutions for satellites, announced the planned commercialization of their monopropellant multimode capability.