Space

Exclusive: Sagittarius Logistics Raises $1.2M to Build Inland Launch Capabilities

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 14:35:25 UTC.

Briefings

Sagittarius Logistics, a Colorado-based startup founded by former Masten Space Systems employees, raised $1.2M in a pre-seed round today to develop its reusable launch program. The company aims to build an entirely new launch system capable of operating from inland sites and aborting mid-flight without exploding over population centers. CEO Jonathan Slavik stated the company will raise over $1B in total capital to market three vehicles, with the first pathfinder flight scheduled for mid-2027.

Key points

• Sagittarius Logistics was founded by David Masten and three former Masten Space Systems employees: CEO Jonathan Slavik, COO Jenna Edwards, and chief of production Daniel Sinkel.
• The company plans to raise over $1B in total capital to market three vehicles, with the first pathfinder flight scheduled for mid-2027.

Context

Sagittarius arose from the ashes of bankrupt Masten Space Systems, which failed in 2022. The company is building a reusable launch system to address global demand outstripping supply, with the first pathfinder flight targeting mid-2027.

Limitations

Evidence is limited to the article's report of the $1.2M pre-seed round and the company's stated plans for future funding rounds totaling over $1B. Specifics on the pathfinder flight's exact date, the status of the engine acquisition, and the exact number of rockets built are not fully detailed in the source.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 14:37:04 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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