Orbit Fab is entering a decisive stage in its evolution as it transitions from developing on-orbit refueling technology to large-scale commercialization, having successfully secured $20 million Series B funding, led by Stride Capital, to strengthen its capital foundation as it moves into its next phase of growth.
Furthermore, the company's erstwhile CEO, Daniel Faber, has stepped down from his day-to-day responsibilities as Orbit Fab establishes an Executive Committee to ensure its stability and operational continuity.
