World View Expands into Indo-Pacific with $25M Strategic Investment
View the full release here: https://www.businesswire.com/news/home/20240430194762/en/
- View the full release here: https://www.businesswire.com/news/home/20240430194762/en/
World View's Stratollite system, a stratospheric high-altitude platform (HAP), is prepared to launch from Page, Arizona. - (Photo: Business Wire)
The strategic investment from Breakthrough Victoria will enable World View to establish a regional Indo-Pacific headquarters in Melbourne. - The Indo-Pacific business will operate as World View Indo-Pacific, a wholly owned subsidiary that will allow World View to pursue new customers and access new markets while benefitting from local talent, technology and capital.
- This investment is part of World View’s recently announced multi-close strategic Series D funding round, led by SNC, that saw participation from both new and existing investors.