Viridian Secures $1.25 Million AFWERX Grant for VLEO Propulsion Innovations
August 29, 2025 - 10:52
In a significant development in aerospace technology, Viridian has been awarded a $1.25 million grant from AFWERX to advance its Vertical Low Earth Orbit (VLEO) propulsion technology. This funding marks a crucial step in enhancing propulsion systems designed for small satellites and other space applications, aiming to improve efficiency and reduce costs.
The VLEO propulsion technology is poised to revolutionize how satellites operate in low Earth orbit, addressing challenges such as atmospheric drag and fuel consumption. By focusing on innovative propulsion solutions, Viridian aims to enable more sustainable and economically viable space missions.
This grant is part of AFWERX's broader initiative to foster innovation in the aerospace sector, encouraging collaboration between startups and government entities. Viridian's successful proposal highlights its commitment to pushing the boundaries of aerospace technology and contributing to the future of space exploration. The company plans to utilize the funding to accelerate research and development efforts, paving the way for next-generation propulsion systems.
MORE NEWS
February 4, 2026 - 01:35
How Micron Technology Stock Soared 45% Last MonthMicron Technology`s stock experienced a meteoric rise last month, climbing an impressive 45% as investor enthusiasm reached a fever pitch. The primary catalyst behind this surge is the exploding...
February 3, 2026 - 13:55
SoftBank subsidiary to work with Intel on next-gen memory for AIA strategic partnership has been announced between Intel Corporation and a subsidiary of SoftBank Group, aiming to accelerate the commercialization of cutting-edge memory solutions specifically...
February 2, 2026 - 21:25
Disability studies professor explores 'double bind' of medical technology in new bookMedical technology is often viewed as a neutral tool for healing or curing; however, for many disabled people, it represents a complex power dynamic between their own lived experiences and clinical...
February 2, 2026 - 03:07
Mizuho lifts Micron Technology, Inc. (MU)’s price target to $480, maintains outperform ratingInvestment firm Mizuho Securities has significantly increased its price target for Micron Technology, Inc. (MU), expressing strong confidence in the memory chipmaker`s financial trajectory. The...