Generation Orbit Signs Investment Banking Agreement with The Inman Company
On January 17th, 2014, Generation Orbit Launch Services, Inc. (GO) signed an exclusive investment banking agreement with The Inman Company, a leading regional investment banking firm.
As part of the GO team, Inman will assist in raising capital to fund GO’s continuing growth and will then advise management on maximizing shareholder value.
Generation Orbit, with its network of key industry participants, is developing the GOLauncher, an air-launched rocket system specifically designed for launching small satellite payloads. GOLauncher offers fast, flexible, and dedicated space transportation services for nano and microsatellites, enabling developers and operators to unlock the full commercial and scientific potential of this rapidly growing market segment.
Dr. John R. Olds, CEO of GO, commented “Now that we’ve passed many of the initial development milestones for GOLauncher, assembled a top-notch team of suppliers and partners, completed some early hardware ground testing, and sold the first flight to NASA, management believes that it is time to tap the equity markets to move our company into the next phase of its growth. We’ll be putting a lot of near term effort into making our capital raise a success. The Inman Company has a very focused approach for us and is enthusiastic about GO and its role in the commercialization of space access.”
Bill Inman, Chairman of The Inman Company, added that “By providing fast, flexible and dedicated launch services for small satellites, our firm anticipates that GO will have a significant role to play in the exciting New Space Industry.”
Inman is jointly based in both Jacksonville, Florida and Atlanta, Georgia and specializes in assisting emerging growth companies with capital funding, managing risk and creating shareholder value. The Inman Company home webpage is www.inmanco.com.
For additional details contact
Mr. David J. Horn
Chief Financial Officer
Generation Launch Services, Inc.
1040 Crown Point Parkway, Suite 950
(404) 293-4536
david.horn@generationorbit.com
