Trinity Capital announced the commitment of $30 million in growth capital to Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation.

Based in El Segundo, CA, Slingshot builds mission-critical solutions for training, planning, and operations by creating a common operating picture of the entire space domain. Slingshot's platform provides a unified, holistic, and dynamic view of space for government and commercial space operators to enhance their space situational awareness, improve their operational efficiency, and reduce risk on orbit.

"As space becomes more crowded, platforms like Slingshot are becoming increasingly vital to conducting in-orbit operations," said Ryan Thompson, Managing Director, Tech Lending at Trinity. "We are thrilled to partner with the team at Slingshot, whose innovative technology, data, and insights strive to make space safer and more secure."

The new debt facility from Trinity will allow Slingshot to continue to scale operations and fund key growth initiatives.

"Trinity is the ideal partner for Slingshot as we rapidly scale our business to meet the market demand for our solutions," said Tim Solms, CEO of Slingshot Aerospace.