WNT Ventures has invested in Argo Navis Aerospace, a company focused on developing innovative chemical propulsion systems for the space industry, enhancing WNT's commitment to supporting deep technology startups.

Information on the Target

Argo Navis Aerospace is a pioneering company focused on the development of advanced chemical propulsion systems tailored for the space industry. The primary objective of the company is to deliver an unparalleled blend of performance, scalability, reliability, and cost-effectiveness in its propulsion technologies. Founded by industry veterans Dr. Malcolm Snowdon and Dr. Avinash Rao, both of whom were instrumental in the success of Rocket Lab, Argo Navis aims to leverage their extensive experience to push the boundaries of space propulsion.

Dr. Snowdon brings a wealth of expertise as a former Guidance, Navigation & Control Engineer at Rocket Lab, where he played a key role in developing the navigation system for the Electron orbital launch vehicle. Similarly, Dr. Rao has a strong foundation in the sector, having led the Guidance, Navigation & Control team for the Electron launch vehicle before assuming the position of Director of Mission Delivery. With such a strong leadership team, Argo Navis Aerospace is well-positioned to make significant strides in the space technology arena.

Industry Overview in the Target’s Specific Country

The space industry in New Zealand is rapidly evolving, characterized by a surge in entrepreneurial ventures and an influx of investment in space-related technologies. The country's unique geographic advantages, coupled with supportive government