Trinity Capital Inc, a provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $30 million in growth capital to Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation.
Based in El Segundo, CA, Slingshot builds mission-critical solutions for training, planning, and operations by creating a common operating picture of the entire space domain. Slingshot's platform provides a unified, holistic, and dynamic view of space for government and commercial space operators to enhance their space situational awareness, improve their operational efficiency, and reduce risk on orbit.
The new debt facility from Trinity will allow Slingshot to continue to scale operations and fund key growth initiatives.
