Orbital Machines secured $400k.

Orbital Machines, a Trondheim, Norway-based company manufacturing an innovative electric turbopump for orbital carrier chains, completed a financing deal totalling NOk 3.5M ($400k).

The money is part public grants (2 million) provided by Innovation Norway and part equity investment raised via Folkeinvest.

Orbital Machines, founded in 2018 by Ola Eid and Eivind Liland, is manufacturing an innovative pump for space companies.