Sierra Space, a leading commercial space company at the forefront of creating and building the future of space transportation and infrastructure for low-Earth orbit (LEO) commercialization, has created Sierra Space Ventures, which will open the possibilities of space to the innovators of tomorrow.
Sierra Space Ventures will allow Sierra Space to partner with pioneering, growing companies for the purpose of innovating their disruptive products on the Sierra Space platform in space. Investments made by Ventures will focus on companies working to enable the next breakthroughs in human health, computing systems, telecommunications and clean energy that can be further accelerated through access to Sierra Space’s research facilities in low-Earth orbit (LEO). As part of the announcement, Sierra Space also named Matthew Mejía to the newly-created position of Chief Strategy & Development Officer.
“As a fully integrated space technology and business platform in space, our company has a unique ability to advance the commercial space economy,” said Sierra Space CEO Tom Vice.
“Sierra Space Ventures is the ideal complement to the pioneering work we do every day that will benefit humanity for decades and centuries to come. Through Ventures, we will help enable the next breakthroughs in human health, computing systems, telecommunications, clean energy, and unlock space as a new destination to explore and learn."
“Sierra Space has a critical role in advancing humanity’s presence in space, and we hope to enable broader access to the vast potential space has to offer,” said Mejía. “Through Sierra Space Ventures, we can offer prospective innovators access to our space transportation and destination infrastructure to launch their own research in LEO and help position them for success as they mature their capabilities and continue their capital strategies.”
Mejía, who joined Sierra Space earlier this year and oversees strategy, corporate development, and mergers & acquisitions, brings more than 20 years of aerospace and defense experience in finance, management consulting, and investment banking. He previously held the position of Managing Partner and Co-Owner of Renaissance Strategic Advisors, one of the leading consultancies supporting premier firms in aerospace, defense, space and intelligence. Mejía also served as Chief Financial Officer and Executive Vice President of Strategy and Investor Relations at Aerion Supersonic.