Matthew Mejía, Chief Strategy & Development Officer, Will Oversee New Ventures Group

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, announced today the creation of Sierra Space Ventures, which will open the possibilities of space to the innovators of tomorrow.

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Sierra Space Chief Strategy & Development Officer Matthew Mejía will oversee company's new venture capital division, Sierra Space Ventures. (Photo: Business Wire)

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.

For more information on Sierra Space Ventures and to apply for consideration, please visit https://sierraspaceventures.com/.

About Sierra Space

Sierra Space (www.sierraspace.com) is a leading commercial space company at the forefront of innovation and the commercialization of space in the Orbital Age. Sierra Space is building platforms in space to benefit life on Earth. The company is in the latter stages of doubling its headcount, with large presences in Colorado, Florida and Wisconsin. Significant investors in Sierra Space include General Atlantic, Coatue, and Moore Strategic Ventures.

With more than 30 years and 500 missions of space flight heritage, Sierra Space is enabling the future of space transportation with Dream Chaser^®, the world’s only winged commercial spaceplane. Under construction at its Colorado headquarters and expected to launch in 2023 on the first of a series of NASA missions to the International Space Station, Dream Chaser^® can safely carry cargo - and eventually crew - to on-orbit destinations, returning to land on compatible commercial airport runways worldwide. The company is also establishing a Human Spaceflight Center and Astronaut Training Academy. Sierra Space is also building an array of in-space destinations for low-Earth orbit (LEO) commercialization including the LIFE™ (Large Integrated Flexible Environment) habitat at the Kennedy Space Center in Florida, a three-story commercial habitation and science platform designed for LEO. Both Dream Chaser and LIFE are central components to Orbital Reef, a mixed-use business park in LEO being developed by principal partners Sierra Space and Blue Origin, which is expected to be operational by 2027.

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