Morpheus opens U.S. office and names chief revenue officer – SpaceNews

SAN FRANCISCO – German propulsion startup Morpheus Area has opened a Los Angeles workplace and named a retired U.S. Marine Corps officer and fighter pilot as its chief income officer.

David Kalinske, who retired from the Marine Corps in 2013 after serving as commanding officer of a fighter squadron and an aide to Presidents George W. Bush and Barack Obama, joined Morpheus in January. Since leaving the navy after 20 years of energetic obligation, Kalinske has labored for Lockheed Martin Superior Growth Applications and Singapore-based electronics contract producer Flex.

“It was a really pure match for me to go from aerospace to the business area business,” Kalinske informed SpaceNews. “After I heard in regards to the [Morpheus] expertise and that In-Q-Tel and Airbus Ventures had been main buyers, it turned a gorgeous providing.”

Morpheus Area didn’t reveal the quantity of funding it raised in its preliminary funding spherical in 2020, however the firm published a list of backers together with Airbus Ventures of Menlo Park, California, In-Q-Tel, the enterprise capital arm of the U.S. intelligence neighborhood, Pallas Ventures and Techstars Ventures.

With that funding, Morpheus opened a U.S. workplace in Los Angeles the place its co-founders traveled in 2019 to affix the first cohort of the Los Angeles-based Techstars Starburst Space Accelerator.

Via the Techstars Starburst Area Accelerator, Morpheus co-founders Daniel Bock and István Lőrincz turned conversant in Los Angeles area corporations and native financiers. Understanding financiers “is sort of necessary as a result of it’s capital intensive to begin a {hardware} firm,” mentioned Lőrincz, Morpheus Area president. “It’s a very good factor to be near buyers who’re open to innovation.”

As well as, Los Angeles is house to a cross-section of the area corporations giant and small in addition to a “large expertise pool that you may faucet into,” Lőrincz added.

As Morpheus chief income officer, Kalinske is probably going to attract on his expertise in authorities contracting, however will solid a large web.

“We’re going after everybody, business entities in addition to authorities contracts,” Kalinske mentioned. “It’s no holds barred.”

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