Sierra Space launches venture investment business   

LOUISVILLE — Louisville aerospace manufacturer Sierra Space Corp. this month launched Sierra Space Ventures, a venture-capital investment arm.

The new division “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),” the company said in a news release. 

Matthew Mejía has been elevated to the role of chief strategy and development officer to oversee Sierra Space Ventures. 

“Sierra Space has a critical role in advancing humanity’s presence in space, and we hope to enable broader access to the…