MENLO TIMES

Pixxel, the planetary infrastructure company, led by Awais Ahmed, Kshitij Khandelwal, and the team, has announced the close of its $100 million Series C funding round, co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset, IMM Investment, and existing investors Radical Ventures, growX ventures, and others. The round brings Pixxel’s total funding to $195 million. The investment also marks the single largest funding round raised by a space technolo

HyImpulse, a leading European launch services company developing and providing suborbital and orbital launch capabilities based on a proprietary propulsion technology, led by Dr. Christian Schmierer, Dr. Mario Kobald, Konstantin Tomilin, and Ulrich Fischer, has announced a Series A Extension financing of more than €50 million in equity, co-led by JOIN Capital and Ace Capital Partners, with participation from new investors, including North Ventures, BW-Capital, Bayern Kapital

Northwood, building a global ground network for the future of space communications, led by Bridgit Mendler, Griffin Cleverly, Shaurya Luthra, and the team, opened a new 185,000-square-foot headquarters and factory in Torrance, California, and expanded production of its satellite ground network. The new facility expands the company’s manufacturing footprint more than fivefold, from 25,000 to 135,000 square feet, enabling production of hundreds of antennas annually. The expans

Diffraqtion, an MIT and University of Maryland spinout building quantum camera platforms for defense and space sensing, led by Johannes Galatsanos, Christine Yi-Ting Wang, Saikat Guha, and the team, announced strategic investments from Lockheed Martin Ventures and Presidio Ventures, the venture arm of Sumitomo Corporation, bringing total funding to over $10M. Following strong investor interest, Diffraqtion elected to cap its pre-seed round, which also includes SBI US Gateway

PLD Space, an international space transportation company, led by Ezequiel Sánchez, Raúl Torres, and Raúl Verdú, has been selected by the European Space Agency (ESA) under the European Launcher Challenge (ELC), a strategic initiative aimed at strengthening Europe’s autonomous, competitive, and resilient access to space. ESA’s selection of PLD Space represents a significant endorsement of the company’s technology roadmap, execution capabilities, and role within Europe’s future

LeoLabs, the leading provider of persistent Orbital Intelligence, led by Tony Frazier, Daniel Ceperley, Dr. Edward Lu, and John Buonocore, has announced it has been awarded a $20.68 million Prototype Other Transaction Agreement (OTA) to support the U.S. Space Force (USSF). Under the award, LeoLabs will deliver a modified LeoLabs Scout system, providing the company the opportunity to demonstrate its proven radar technology for a new defense mission set. As threats become faste

Muon Space, the Mission Foundry, designing, building, and operating high-performance satellite constellations for National Security, civil, and commercial customers, led by Jonny Dyer, Paul Day, Dan McCleese, Reuben Rohrschneider, and Pascal Stang, has announced the close of a $250 million Series C financing in a heavily oversubscribed round. The round was led by Eclipse Capital, with participation from Galvanize, Google, Salesforce Ventures, Wellington Management, I Squared

Cosmic Robotics, doing autonomous construction on Earth and beyond, led by James Emerick and Lewis Jones, has put up a roadmap to build a city on Mars. Cosmic Robotics’ mission is to enable the construction of a city on Mars. The company was founded in 2024 with the view that while rockets could enable human and cargo transport to Mars by the mid-2030s, several technologies still need to mature for a sustained human presence. One major challenge is providing the labor needed

Rocket Lab, a global leader in launch services and space systems, unveiled GHOST: a new globally deployable containerized launch system to enable suborbital and orbital launches from anywhere in the world. GHOST transforms Rocket Lab’s Electron and HASTE rockets into a mobile, launch-anywhere capability for multi-launch campaigns and national security missions. The system fits within standard shipping containers and includes rockets, launch infrastructure, ground support, an

Neuraspace, leading the way for Space Domain Awareness, AI, and Safety, led by Chiara Manfletti and the team, has announced €15.6 million in new financing, combining strategic private investment from Lince Capital, Explorer Investments, and Armilar Venture Partners together with funding awarded under Portugal's Recovery and Resilience Plan (PRRP), reflecting strong private and public confidence in the company's growth strategy. The funding will accelerate Neuraspace’s expansi

Outlier Space, making microgravity accessible, scalable, and reliable, led by Jamie France, Nick Pearson, and Alex Linossier, has raised a $7M pre-seed fundraise to develop a commercial microgravity payload capsule, led by GD1 (Global from Day One), with participation from Nova Threshold, Brian Cartmell, Airtree, Icehouse Ventures, Investible, and Side Stage Ventures. One of the largest pre-seed funding rounds in New Zealand's history, the investment underscores the country's

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

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

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

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

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

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

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,

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

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