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What SpinLaunch Is Doing With Its $30M Series C

Summary by Payload
SpinLaunch closed $18M in new funding to develop a LEO satellite broadband constellation, called Meridian Space, bringing the company’s total Series C round to $30M.  While SpinLaunch is best known for its kinetic launch technology, which aims to use centrifugal acceleration to send satellites to orbit, the plan is to deploy the constellation from traditional rockets—at least in the short term.  Longtime investor ATW Partners led the Series C, w…
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Payload broke the news in on Thursday, August 21, 2025.
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