bluShift Aerospace raises $1.3M in seed round

In Maine, bluShift Aerospace raised $1.3M in a seed round, led by Houston-based Late Stage Capital, with participation from Maine Technology Institute. The private investment round is further amplified by a $1M matching Federal SBIR grant. Capitalizing on its strong commercial trajectory, bluShift will use the funding to accelerate launch offerings in the orbital and small satellite services markets.

The new funding marks a crucial chapter in bluShift’s growth. The company previously raised nearly $4M. It will leverage this new capital infusion to complete a full duration burn engine test in the coming months, and scale its operations for commercial suborbital launch in 2025.