Businessman Mikhail Kokorich raised $8 million to fly a water-powered rocket
Momentus Space, founded by Russian entrepreneur Mikhail Kokorich, has raised $8.3 million in investments, the company said in a press release. Investors financed space tests of a water-powered rocket. Before moving to the US, the businessman (and hero of Russian Norms!) founded the first private space company in Russia, Dauria, and later sold it. What does the company do? Momentus Space operates in the field of space logistics and transportation.