PARIS — Spanish launch-service startup Zero 2 Infinity was unable to reach its goal of raising $1.3 million in a crowdfunding campaign but said it’s a small setback that will not materially affect the company’s operations.
Managed through CrowdCube, the campaign closed Oct. 22 after five months, and investors will be refunded their contributions.
Zero 2 Infinity is developing a balloon-launch system that carries an upper stage, called Bloostar, to 25 kilometers in altitude. Bloostar then separates from the balloon, ignites its engines . . .
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