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Exclusive: Sagittarius Logistics Raises $1.2M to Build Inland Launch Capabilities
Publication: Payload
Author: Douglas Gorman
Source published: 13/11/2026, 14:00:00 UTC
Briefing created: 13/11/2026, 14:07:29 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 14:05:25 UTC.
Briefings
Sagittarius Logistics, a Colorado-based startup founded by Dave Masten and three former Masten Space Systems employees, raised $1.2M in a pre-seed round today. The company plans to build three reusable launch vehicles targeting a pathfinder flight in mid-2027, with the first orbital vehicle expected to carry four tons to LEO in the early 2030s. The new system aims to provide faster, safer launches from inland sites by allowing mid-flight aborts and landing of stages, avoiding reliance on Cape Canaveral slots. The company requires over $1B in total capital to reach market, with the recent funding helping finance development toward that milestone.
Key points
- Sagittarius Logistics was founded by Dave Masten and three former Masten Space Systems employees: CEO Jonathan Slavik, COO Jenna Edwards, and chief of production Daniel Sinkel.
- The startup raised $1.2M in a pre-seed round today to fund the development of its reusable-launch program and acquire an undisclosed rocket engine from an undisclosed supplier.
Context
Sagittarius arose from the ashes of Masten Space Systems, which went bankrupt in 2022 after going over budget on a lunar lander. The company aims to build an entirely new launch system that can fly on tight timelines and from a wider range of launch sites across the country, unlike simply adding another rocket to the market.
Limitations
The evidence covers the company's founding, funding round details, and vehicle specifications up to mid-2027. It does not include data on actual flight test results, operational performance metrics, or future market adoption rates. The specific supplier for the rocket engine is undisclosed, and the exact cost of the pathfinder mission beyond the $1.2M raised is not specified.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 14:07:29 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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