However, the agency ultimately scrapped the program in 2001 due to technical challenges.
The company raised an impressive $28 million in funding in 2022.
Unfortunately, conventional rockets still present an inherently expensive way to reach orbit.
Additionally, they are extremely wasteful, with multiple stages that must be discarded during flight.
However, many challenges still lie ahead on Radian’s path to orbit.
The longer-term vision is enticing: offering an affordable new option for the commercial space industry.
