Potomac24: Space Phoenix Systems Launch Anchors Maryland in the Trillion-Dollar Space Economy
Space Phoenix Systems launched publicly in Baltimore on Tuesday, May 19, drawing investors, government officials, university researchers, and aerospace operators to mark the company’s formal entry into Maryland’s deep tech landscape. Co-Founder and Advisor Kendra Rice Parlock opened by confirming the company is closing a $7.5 million seed round.
The future space economy requires new infrastructure, new partnerships, and fundamentally easier ways to access space,” she said.
She argued space, is no longer a frontier. It is foundational infrastructure for communications, AI, national security, and advanced manufacturing. The question is not whether the space economy will shape the future. It is who will build it.