Dawn Aerospace seeks to profit from satellite-powered future

Dawn chief executive Stefan Powell says the company aims to prove its financial viability between each capital raise. (Image: Dawn Aerospace)

Ben Moore

Mon, 20 May 2024

The golden age of space commercialisation is just around the corner, and Dawn Aerospace is poised to be a major player.Speaking to BusinessDesk, co-founder, chief executive and chief technical officer Stefan Powell outlined the potential he saw for the company in the future of the global space industry, valued at US$500 billion (NZ$820b) and growing at 9% a year. Any company that corners even a small slice could easily become a "unicorn", a private company valued at US$1b.While Dawn’s Mk-II Aurora horizontal takeoff and lan...

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