Thursday, May 18, 2023

Frontier Aerospace Names New Board Members After Series A

Simi Valley-based Frontier Aerospace, a company developing liquid rocket engines for in-space propulsion, says it has named three board members. According to the company, it named Cary Ralston, Dennis Smith and Jeff Grant to its board. Ralsonwas previously Vice President and General Manager for Northrop Grumman's Defense Electronic Systems, and previously served as Vice President and General Manager for Orbital ATK's Missile Products; Smith was formerly Director of Space Transportation Directorate and Space Transportation Programs Office at NASA; and Grant is Chairman of the Space Foundation, also serves on the Board of Trustees of The Aerospace Corporation and was formerly Vice President and General Manager for Northrop Grumman's Space Systems. Frontier said it recently raised a Series A funding round from AEI HorizonX, which previously was Boeing's corporate venture capital arm, and is now managed by private equity investor AE Industrial Partners.