Longshot announced that it has secured a new $5 million investment from South Park Commons.
The investment brings Longshot’s total funding to $20 million and supports the company’s development of ground-based kinetic launch systems for defense, space, and hypersonic applications.
Longshot is developing a kinetic ground-based launcher designed to propel payloads to hypersonic velocities and eventually create a scalable pathway to orbit. The company’s approach keeps launch infrastructure on Earth, aiming to reduce the cost of moving payloads at extreme speeds while enabling reliable, high-frequency operations.
The investment comes as governments increase funding for hypersonic capabilities and missile defense, while commercial space companies continue to look for new ways to scale access to orbit.
Longshot plans to use the new capital to continue developing and testing its multi-injection accelerator technology. This includes the construction of the company’s test gun at an undisclosed location.
The facility is designed to accelerate 100-kilogram payloads to speeds above Mach 5 and represents an important step toward larger-scale launch systems.
Longshot has recently expanded its engineering and manufacturing capabilities with a new hangar and test range. The company also built its newest prototype, nicknamed the “minigun,” which it described as the largest ballistic launching device in the world today.
The company has also secured support from venture investors and the U.S. government, and it has strengthened its leadership team with industry veterans. This includes Mark Bigham, former Chief Innovation Officer at Raytheon, who now leads government sales and strategic relations for Longshot.
With $20 million in funding, growing government support, and major testing milestones ahead, Longshot is positioning itself as part of a new generation of launch technologies focused on hypersonic flight, national security, and the space economy.
KEY QUOTES:
“For decades, access to space has been constrained by the economics of rockets. We’re pursuing a fundamentally different approach. This investment allows us to expand our testing capabilities and continue building what can become a foundational piece of future aerospace infrastructure.”
Mike Grace, Founder and CEO of Longshot
“Longshot is rethinking one of the foundational constraints of the space economy: the cost of moving mass at extreme speeds. The team has demonstrated exceptional technical execution, clear progress against ambitious milestones, and the potential to create an entirely new category of launch infrastructure. We’re excited to support the team as they enter this next phase of growth.”
Aditya Agarwal, General Partner at South Park Commons
