A high-risk mission to raise the orbit of a NASA astrophysics spacecraft is set to launch later this month after less than a year of development.

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Satellite servicing startup Katalyst Space Technologies has raised $12 million for a geosynchronous orbit demonstration as its mission to boost the orbit of a NASA observatory nears launch.

The post Katalyst Space raises $12 million for GEO servicing demo mission appeared first on SpaceNews.