New York Fund Invests in Space+ Project

Rhea-AI Summary

NRP Stone's subsidiary, Uplift Aerospace, has gained a significant investment from New York's Monkey Fund, a Web3 metaverse advisor, for their innovative Space+ project. This initiative aims to enhance community access to low Earth orbit and beyond, culminating in a lunar rover mission. Uplift has partnered with Blue Origin and NASA to offer exclusive goods and fine art for purchase in space. Monkey Fund focuses on early-stage Web3 investments and leverages its extensive networks to support these projects.

Positive

• Significant investment from Monkey Fund boosts Uplift Aerospace's Space+ project.
• Collaboration with Blue Origin and NASA for commercial space goods enhances credibility.
• Focus on a lunar rover mission could attract interest and investment in space initiatives.

Negative

• None.

PARK CITY, UT / ACCESSWIRE / February 8, 2022 / NRP Stone, Inc. (OTC PINK:NRPI):

NRP Stone's subsidiary, Uplift Aerospace, has attracted the attention and interest of New York based investment firm Monkey Fund. Monkey Fund is a Web3 metaverse advisor and investor who recently made a sizeable investment in support of the Space+ project.

"When the opportunity to advise and contribute to the success of the Space+ project arose we knew we were going to be a part of it," said Dr. Springles, Monkey Fund's Chief NFT Officer. "Literally going to the Moon and sending art to the International Space Station is just a small example of the power of Web3."

The Space+ (SpacePlus) NFT collection and metaverse is a project by Uplift Aerospace. The project will leverage Uplift's unique position in the aerospace industry to increase community access to low Earth orbit, the Moon, and beyond both physically and digitally. The culmination of the final phase of Space+ will be a historic, community-supported lunar rover mission to the Moon. Uplift has signed collaboration contracts with Blue Origin and NASA to send exclusive commercial goods and fine art to space for purchase in space and on Earth.

In addition to accumulating rare digital art and collectibles, Monkey Fund invests in and advises NFT projects and all Web3 related verticals from early-stage ideas to fully developed later-stage networks.

Monkey Fund's ultra-high net worth monkeys are long-term, patient investors, with large metaverse and IRL networks, granting Monkey Fund access to lightning quick capital, world class consulting, and top tier global strategists, all of which are leveraged to ensure the success of Monkey Fund's investments.

Monkey Fund is a Web3 focused digital art collective that launched into the metaverse in February 2021.

ABOUT UPLIFT AEROSPACE

An emerging leader in the rapidly transforming space industry, Uplift Aerospace is pioneering revolutionary systems to manufacture, trade, and deliver products for a multiplanetary economy.

MEDIA CONTACT: press@upliftaerospace.com

US OTC Symbol: NRPI; CUSIP: 62940J200. For the latest updates, visit upliftaerospace.com and follow @upliftaerospace on Facebook, Instagram, and Twitter.

Disclosures and Caution Concerning Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, economic and market factors, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company, its management, or affiliates, undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE: NRP Stone, Inc.

View source version on accesswire.com:
https://www.accesswire.com/687812/New-York-Fund-Invests-in-Space-Project

FAQ

What is the latest investment news for NRPI?

NRP Stone's subsidiary, Uplift Aerospace, received a major investment from Monkey Fund for its Space+ project.

Who is Monkey Fund and what is their role with NRPI?

Monkey Fund is a New York-based Web3 metaverse advisor that has invested in NRP Stone's Uplift Aerospace's Space+ project.

What are the goals of the Space+ project under NRPI?

The Space+ project aims to increase community access to low Earth orbit and beyond, culminating in a lunar rover mission.

What collaborations has Uplift Aerospace established?

Uplift Aerospace has signed collaboration contracts with Blue Origin and NASA for sending commercial goods and fine art to space.

What does NRPI's investment in the Space+ project signify?

The investment indicates strong interest and potential for growth in the space and Web3 sectors.