MENLO TIMES

Orbit Fab , building in-space fuel delivery infrastructure, led by Daniel Faber, Shawn Hendricks, and others, has announced  its latest milestone toward refuelling satellites in orbit. The company will deliver the Advancing Satcom Technology with Refuelling and Logistics (ASTRAL) project with a total UK funding of up to $3.8m (€3.3m). The contract for the first stage of the mission, worth £1.3m (€1.1m), has now been awarded to Orbit Fab by ESA’s Advanced Research in Telecommu

Sortera , the market-leading aluminum sorting company with an upcycling platform powered by artificial intelligence, data analytics, and advanced sensors, led by Michael Siemer, Curt Sacks, Benjamin Pope, Dr. Nalin Kumar, and others, announced  the close of $45 million in funding led by accounts advised by T. Rowe Price Associates  and VXI Capital , with participation from Yamaha Motor Ventures  and Overlay Capital , with an additional equipment funding from Trinity Capital .

Redwire , a global leader in space and defense technology solutions, led by Peter Cannito, Jonathan Baliff, Al Tadros, and others, has been awarded  a $44 million phase 2 contract to advance the Defense Advanced Research Projects Agency’s (DARPA)  Otter  Very Low Earth Orbit ( VLEO ) mission to demonstrate the world’s first air-breathing spacecraft and advance next-generation orbital capabilities. The Phase 2 contract funds the completion of manufacturing and the delivery of