SHOOT FOR THE MOON

This Texas company is on a mission to the moon with $93 million NASA contract

NASA has tapped Firefly Aerospace, headquartered in Texas, to land science equipment on the moon. Courtesy of Firefly Aerospace.

A local aerospace company is over the moon about its latest endeavor: a NASA-funded project to deliver scientific payloads to the lunar surface.

NASA recently awarded rocket-maker Firefly Aerospace $93.3 million to deliver a suite of science and technology demonstrations and equipment to the moon in 2023. The award is part of a NASA initiative — and key to its moon-focused Artemis program — that enables the agency to tap commercial partners to quickly dispatch and land science and technology payloads on the moon.

As part of the deal, Firefly is responsible for what NASA calls "end-to-end delivery services," meaning the company will compile the NASA-sponsored and commercial payloads, weighing more than 200 pounds, launch them from Earth, land them on the moon using its Blue Ghost lander, which was designed and developed at Firefly's Cedar Park facility, and manage mission operations.

"Our team's collective experience resulted in a creative technical solution to meet the needs of all these payloads, with a strong emphasis on both lunar science return and customer service through each mission phase," says Will Coogan, Firefly's lunar lander chief engineer.

For Firefly, the mission supports the company's overall goal to become the leading space-transportation company in the U.S. The NASA award was publicized the same day Firefly announced a new board of directors and its plans to implement an internal restructuring of the company, namely designating specific business units dedicated to launchers and spacecraft, and expanding its government-relations team.

This is the first NASA award of its kind for Firefly, which is scheduled to deliver the goods to the moon's low-lying Crisium basin, enabling NASA to further investigate the lunar surface, all with the goal of preparing for future human missions to — and sustainable human presence on — the moon.

"The payloads we're sending as part of this delivery service span across multiple areas, from investigating the lunar soil and testing a sample capture technology, to giving us information about the moon's thermal properties and magnetic field," says Chris Culbert, manager of the Commercial Lunar Payload Services initiative at NASA's Johnson Space Center in Houston.

Firefly's Blue Ghost will land in an area of the Crisium basin known as Mare Crisium, a 300-mile-wide valley where NASA hopes to gain more understanding about the loose rock and soil, as well as the interaction of solar wind and Earth's magnetic field.

The lunar investigations will come shortly before NASA's planned missions to the moon and beyond. As part of its Artemis program, NASA aims to land the first woman and the next man on the moon by 2024, with the agency noting its partnerships with commercial companies like Firefly will help NASA "establish sustainable exploration by the end of the decade," then use that knowledge to "take the next giant leap: sending astronauts to Mars."

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This article originally ran on CultureMap.

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Building Houston

 
 

Data Gumbo, founded and led by Andrew Bruce, has announced its latest funding. Photo courtesy of Data Gumbo

A Houston-based tech company has announced another round of funding to support its blockchain network growth as well as to establish a presence in the Middle East.

Data Gumbo has closed its series B funding round totaling $7.7 million with follow-on investments led by Equinor Ventures. The round includes participation from Saudi Aramco Energy Ventures and Bay Area and Houston-based venture firm L37. The round's first close was announced in September 2020 at $4 million. The additional funds to close the Series B will be used to scale Data Gumbo to serve demand for GumboNet™ and GumboNet™ ESG. Additionally, Data Gumbo plans to establish a presence in the Middle East to cover expected demand growth in the region.

"The successful close of our series B is continued proof of the efficacy and booming interest in our ability to capture critical cost savings, deliver trust and provide transparency across commercial relationships," says Andrew Bruce, founder and CEO of Data Gumbo, in a news release. "Compounded by the growing demand for transparent, accurate sustainability data and the launch of our automated ESG measurement solution, GumboNet™ ESG, Data Gumbo's trajectory is well-positioned to serve our growing customer base by ensuring economic productivity and value. This infusion of capital will support our expansion efforts as we bring more international users to our network."

With this latest raise, Data Gumbo's total funding raised to date is $18.4 million.

"Data Gumbo's success is marked by a wide variety of business use cases and opportunities for expansion," says Bruce Niven, chief investment officer at Aramco Ventures, in the release. "Our continued investment is a testament to our continued support as the company attracts new customers, experiences further demand for its network and gains traction in new markets."

The company's technology features smart contract automation and execution, which reduces contract leakage, frees up working capital, enables real-time cash and financial management, and delivers provenance with unprecedented speed, accuracy, visibility and transparency, per the release.

"Data Gumbo is the market leader for smart contracts backed by blockchain, and the coming year will be a period of exponential growth for the company as they penetrate new industrial markets," says Kemal Farid, partner at L37, in the release. "We believe strongly that GumboNet will become the de facto network for smart contracts across industries for capturing value and solving enormous pain points in contractual relations. Additionally, as companies move to meet increasing sustainability measurement demands and ESG improvements, there is a huge growth path available for Data Gumbo with the launch of GumboNet ESG."

Earlier this year, the company announced its environmental, social and corporate governance tracking and reporting tool.

"Equinor's recent pilot at the Johan Sverdrup field has demonstrated that GumboNet can create strong value for the partnership," says Gareth Burns, head of Equinor Ventures, in the release. "Our follow-on investment confirms Equinor Ventures' confidence in Data Gumbo's solution for our company and the broader energy industry."

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