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Loft Orbital Expands Commoditized Satellite Bus Inventory for Rapid Constellation Deployments – Combined Orders Total 50 Satellites from 5 Suppliers Across 2 Continents
Loft Orbital, building space infrastructure for any mission, led by Pierre-Damien Vaujour, Alex Greenberg, and Antoine de Chassy, has announced the procurement of 10 new Longbow satellites and the availability of a larger, high-powered satellite platform, expanding its inventory to meet growing customer demand. This reflects continued momentum for Loft’s space infrastructure services, offering a range of off-the-shelf buses so Loft can focus on the integration and execution o
Karan Bhatia
Jul 162 min read


Slingshot Aerospace Wins $69.2 Million U.S. Space Force Contract to Advance AI-Powered Mission Readiness for Space Defense
Slingshot Aerospace, bringing together the systems, software, and AI that turn sensing, data fusion, and simulation into coordinated operational action, led by Tim Solms and the team, has announced a $69.2 million award in support of the U.S. Space Force’s ongoing digital transformation efforts. This 4.5-year initiative, part of the Operational Test and Training Infrastructure (OTTI) program, will deliver AI-powered mission rehearsal and operational training capabilities to G
Karan Bhatia
Jul 162 min read


FLEXELL SPACE Raises $20 Million in Series A Funding to Expand into the Global Space Solar Power Market
Flexell Space, leading innovations in space solar cells, focusing on improving cost, delivery, design, and power efficiency, led by Taehun(Tim) Ahn, PMP, Dr. Shinyoung Noh, and Keosan Lee, has completed a $20 million Series A funding round. Existing investors InterVest, L&S Venture Capital, and QUAD Ventures made significant follow-on investments. New investors included Mirae Asset Venture Investment, Mirae Asset Capital, Industrial Bank of Korea, NH Venture Investment, IBK S
Karan Bhatia
Jul 142 min read


Pulse Space Wins $40 Million Space Force Contract for Laser-Based Space Power Technology
Pulse Space, building the power grid for space, led by Karl Stedman and the team, has announced a $40 million contract award from the United States Space Force for technology development, the largest award in the company's history. Karl Stedman said the $40 million award marks a major milestone for Pulse Space, supporting its partnership with the United States Space Force to advance laser-based technologies and accelerate the company’s technical development roadmap. The award
Karan Bhatia
Jul 131 min read


Nebex Raises $30M Seed Round Led by GV to Build Market Infrastructure for the Global Space Economy
Nebex, building the exchange for the global space economy, led by Tejpaul Bhatia, Anand Subramanian, and the team, has raised a $30M seed investment led by GV (Google Ventures), with participation from other top-tier venture funds. The company also announced a banking relationship with J.P. Morgan. The funding and new banking partnership will support Nebex's expansion, enabling the platform to better connect sovereign space programs with the founders and companies developing
Karan Bhatia
Jul 32 min read


Rocket Lab to Acquire Iridium in Historic Deal, Creating A Fully Vertically Integrated Space Powerhouse Primed for Growth.
Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab”), a global leader in launch and space systems and Iridium Communications Inc. (Nasdaq: IRDM) (“Iridium”), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for $54 per share in a cash and stock
Karan Bhatia
Jul 13 min read


GATE Space Wins €6.3 Million from the European Commission
GATE Space, the Austrian space company, led by Moritz Novak, Fabian Duschel, and the team, has won €6.3 million in funding through the European Commission’s EIC Accelerator program. The financing consists of a combination of research and development grants and equity investment implemented by the European Investment Bank (EIB) and is considered one of Europe’s most competitive technology funding instruments. Funding Utilization. GATE Space was the only company from the space,
Karan Bhatia
Jun 282 min read


NASA Identifies 37 Space Technology Companies for Collaboration
1) Advanced Cooling Technologies, Inc. 2) Advanced Space LLC 3) Aerojet Rocketdyne of DE, Inc. 4) Apech Labs LLC 5) Astrobotic Technology, Inc. 6) Axiom Space, LLC 7) Blue Origin, LLC 8) Busek Co. Inc. 9) Canopy Aerospace Inc. 10) Chase Supply Inc. 11) Dcubed USA LLC 12) Elementum 3D, Inc. 13) Enduralock, LLC 14) General Galactic Technologies Corporation 15) Hebi Robotics, Inc. 16) Hyperion Transport Systems Inc. 17) Kall Morris Incorporated 18) Lockheed Martin Inc. 19) Lunar
Karan Bhatia
Jun 281 min read


ElevationSpace Secures US $40 Million in Series B Funding, Bringing Total Raised to US $63.5 Million
ElevationSpace, creating a new path back from space to earth, led by Ryohei Kobayashi and the team, has raised a total of US $40 million in its Series B round through a third-party allotment of shares. Through the largest funding round in the company’s history, the close of the funding round brings the total amount raised since its founding to US $63.5 million, demonstrating the growing attention and confidence in the space transportation and low-Earth orbit (LEO) utilization
Karan Bhatia
Jun 262 min read


Northwood Space Introduces High-Throughput Infrastructure for Modern Space Missions - Prism
Northwood Space, taking space missions further faster, led by Bridgit Mendler, Griffin Cleverly, Shaurya Luthra, and the team, has introduced high-throughput infrastructure for modern space missions - Prism. Expanding Space Data Infrastructure. Space communications infrastructure was built for an era when satellite traffic was limited, mission requirements were narrow, and data volumes were relatively small. Today's space economy operates under very different conditions. Grow
Karan Bhatia
Jun 243 min read


Sophia Space Pairs with Apex for Orbital Computing Demo, Announces $22 Million in Total Funding
Sophia Space, building orbital compute and data centers, led by Rob DeMillo, Dr. Leon Alkalai, Brian Monnin, and Jim Chase, announced a strategic collaboration with satellite bus manufacturer Apex, while finalizing the closing of a $7 million financing round, bringing its total funding to $22 million, in a pair of moves designed to carry orbital edge computing from concept to operational reality. The round was led by EverGreen, the NVIDIA Alumni Investment Network, alongside
Karan Bhatia
Jun 232 min read


Dawn Aerospace Closes US$25 Million Series B to Accelerate Global Expansion of Reusable Space Transportation
Dawn Aerospace, building a scalable, sustainable space transportation network, with the frequency and reliability of aviation to seamlessly connect the Earth and space economies, led by Stefan Powell, Jeroen Wink, James Powell, Robert Werner, and Tobias Knop, has announced the close of its Series B funding round, raising $25 million at a $195 million post-money valuation. The round was led by US-based VC Balerion Space Ventures. Participants include Mana Ventures (US), ANA Fu
Karan Bhatia
Jun 173 min read


Katalyst Space Raises $12 Million to Send a Space Robot to GEO for Satellite Servicing
Katalyst Space, developing next-gen satellite and mission designs that break through the long cycle times, rigid architectures, and inflexibility in mission planning that dominate the space industry, led by Ghonhee Lee, Gavin Petit, and the team, has raised $12 million, led by Geodesic Capital, with significant participation from Fortitude Ventures and other investors to develop Katalyst’s NEXUS robotic spacecraft and expand satellite servicing to multi-orbit, multi-mission o
Karan Bhatia
Jun 173 min read


Arkadia Space and Reflex Aerospace Sign a Commercial Agreement for Green Propulsion System on Upcoming Satellite Mission
Arkadia Space, making space exploration sustainable, accessible, and innovative, led by Francho García, Sergio Soler, Ismael Gutiérrez, and Francisco Espinosa, has entered into a strategic partnership with Reflex Aerospace, desiging and developing adaptable satellites, led by Walter Ballheimer, Felix Motzki, and Dennis Moore, to integrate Arkadia’s green propulsion technology into an upcoming Reflex mission, marking an important milestone for both companies and for the Europe
Karan Bhatia
Jun 112 min read


Aavuus Secures Pre-Seed Funding from Maki.vc to Bring a New Generation of Space Debris Tracking to Market
Aavuus, a Finnish deep-tech company building infrastructure for a new era of orbital safety, led by Joonas Jokela, Jouni Peltoniemi, and Brian Dunne, has secured a pre-seed investment from Maki.vc. Improving Space Traffic Awareness. Aavuus is building a global network of ground-based laser tracking stations designed to provide significantly more precise orbital data than today's commercial tracking systems. The company is targeting a growing challenge in Low Earth Orbit: the
Karan Bhatia
Jun 102 min read


Isar Aerospace Secures EUR 270 Million to Provide Sovereign Space Capabilities Globally
Isar Aerospace, developing next-generation rockets for sustainable access to space for small and medium satellites and satellite constellations, led by Daniel Metzler, Josef Fleischmann, and Stella Guillen, has signed a EUR 270m Series D round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO, and allies. The round is backed by new investors Island Green Capital and Molten Ventures, with strong participation from existing investors HV Ca
Karan Bhatia
Jun 92 min read


ICEYE Leads a New Era of Sovereign Intelligence from Space with €1B Funding Round
ICEYE, building actionable intelligence for resilience, readiness & response, led by Rafal Modrzewski, Pekka Laurila, and Eric Jensen, has raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of over EUR 10 billion (USD 12 billion). Additional investors include Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, as well as Nokia from Finland, Qatar Investment Authority (QIA), and TCV. Together with a secondary p
Karan Bhatia
Jun 92 min read


Juno Propulsion is Advancing the First On-Orbit Demonstration of RDC-Powered Spacecraft Propulsion
Juno Propulsion, building the next-generation rocket propulsion with rotating detonation combustion, led by Alexis Harroun and Ari Martinez, has announced the successful close of a $1.4 million pre-seed financing round led by SOSV, with participation from Hypernova Fund, Leslie Ventures, Activate, Collaborative Fund, Safar Partners, and Cape Fear Ventures. The funding will accelerate development and flight qualification of Project IRIS, Juno’s rotating detonation combustion (
Karan Bhatia
Jun 92 min read


Neworbit has Raised $18.5 Million to Open Earth’s Last Empty Orbit
Neworbit, engineering earth's lowest orbiting satellites, led by Anatolii Papulov and Ruslan Rakhimov, has raised $18.5 million in an oversubscribed Series A, led by Voyager and joined by angel investors including David Kirk (former Chief Scientist at NVIDIA) and Lawrence Leuschner (co-founder and former CEO of TIER Mobility), the family office Custos, and continued backing from Atlantic.vc, Lifeline Ventures, LGF, and Illusian. Commercial aircraft fly at around 10 kilometers
Karan Bhatia
Jun 83 min read


Muon Space Unveils Condor-Ultra, Starship-Class Spacecraft Platform Built for Scale
Muon Space, designing, building, and operating satellite constellations optimized for your mission, led by Jonny Dyer(CEO and Co-Founder), Paul Day(VP Production and Co-Founder), Dan McCleese(Chief Scientist and Co-Founder), Reuben Rohrschneider(Chief Mission Architect and Co-Founder), and Pascal Stang(CTO and Co-Founder), has unveiled Condor-Ultra, its newest spacecraft platform developed for high-power, networked constellations of hundreds to thousands of satellites. Built
Karan Bhatia
Jun 53 min read
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