Raven Space Systems Wins $1 Million Grand Prize at ACMI's Inaugural Horizon Manufacturing Cup
The American Center for Manufacturing and Innovation (ACMI) has awarded a total of $3 million in non-dilutive funding to five manufacturing startups during its inaugural Horizon Manufacturing Cup held at Indiana University. Raven Space Systems secured the $1 million grand prize for its automated production systems designed for critical composite structures and thermal protection. The competition aimed to identify and scale technologies essential to the American defense industrial base, including additive manufacturing, robotics, and aerospace systems. Winners—Raven Space Systems, Hybron, Supernova, Standard Bots, and Glīd—will join other tenants at ACMI's National Security Industrial Hub and Munitions Campus in southern Indiana to access prototyping equipment and industrial infrastructure. This initiative is designed to accelerate the transition of hardware prototypes into full-scale production, strengthening the domestic munitions supply chain and supporting national security interests near the Naval Surface Warfare Center Crane.
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Topics: aerospace defense technology manufacturing non-dilutive funding startups