Business & Finance
Where the Money is in Space
In the current landscape (early 2026), the "money" in the satellite industry is split between two distinct but increasingly intersecting models: the high-margin, mission-driven contracts of the Space Development Agency (SDA) and the high-volume, recurring revenue of LEO constellations like ...
Bidding War Intensifies for Mynaric as Rheinmetall Challenges Rocket Lab Acquisition
In a significant shift for the European space industry, German defense giant Rheinmetall is reportedly preparing a competing bid for Mynaric, the Munich-based laser communications specialist. This move, reported on February 22, 2026, directly threatens the acquisition agreement previously signed ...
Rohde & Schwarz, NVIDIA Unveil Digital Twin Testbed for AI-RAN at MWC 2026
MUNICH and BARCELONA — In an announcement released Tuesday, February 24, 2026, Rohde & Schwarz, in collaboration with NVIDIA, revealed a new milestone in AI-driven wireless system testing. The latest testbed, scheduled for live demonstration at MWC Barcelona 2026, integrates ...
Market Insight: The Indo-Pacific Space Security Boom
NEW DELHI — In a strategic analysis published Monday, February 23, 2026, industry analyst Omkar Nikam detailed a profound shift in the Indo-Pacific’s defense architecture, where space has moved from a support function to the "nervous system" of modern warfare ...
Google Spinout Aalyria Achieves $1.3 Billion Valuation in Series B Round
LIVERMORE, Calif. — In an announcement released Monday, February 23, 2026, the aerospace communications firm Aalyria confirmed it has secured $100 million in Series B funding, propelling the company to a $1.3 billion valuation. The round was led by Battery ...
Deep Space Energy Secures Funding for High Efficiency Lunar Nuclear Power
RIGA, Latvia — Latvian startup Deep Space Energy (DSE) announced on Saturday, February 21, 2026, that it has raised nearly 1 million Euro in combined private investment and public contracts. The funding is earmarked to accelerate the development of a ...
The State of the “Legacy Primes” And a Few Billionaires
It's time to take stock of the space heavy hitters; where they stand now and what the future looks like. The SDA Pivot Northrop Grumman is currently the most successful of the traditional trio in adapting to the "Proliferated Warfighter" ...
Ovzon Reports Record 2025 Results Driven by NATO and Defense Breakthroughs
STOCKHOLM — In its year-end report released Thursday, February 19, 2026, Ovzon AB announced a landmark fiscal year 2025, characterized by record revenue growth, the transition to full-scale commercial operations of its Ovzon 3 satellite, and major multi-year defense contracts ...
GomSpace Achieves Record Q4 Performance and Profitable Full-Year 2025 Growth
UPPSALA, Sweden — In a financial statement released Thursday, February 19, 2026, GomSpace Group AB (GomSpace) reported an all-time high revenue for the fourth quarter of 2025 and a full year of significant expansion. The company surpassed its financial guidance ...
SpaceX Consolidates xAI Operations Amid Co-Founder Departures and Cultural Realignment
February 15, 2026 — Following the February 2, 2026, acquisition of xAI by SpaceX, the newly integrated artificial intelligence division is undergoing a significant structural and cultural transformation. The transition, aimed at aligning xAI’s research-heavy roots with SpaceX’s high-cadence engineering ...
Bank: “Too many LEO constellations” but 18m Starlink customers by end 2026
Chris Forrester — You can almost smell the investment bankers and their tangible excitement over a probable SpaceX Initial Public Offering (IPO) this year. The current gossip points to a summer IPO with some Crystal Ball gazers suggesting that June ...
The Hybrid Architecture Is No Longer Theoretical
Dispatch from SmallSat Symposium. If there was any doubt that the center of gravity in the commercial space sector has shifted from venture capital speculation to kinetic necessity, that doubt was shattered by the final session, Smallsats at the Tactical ...
Balance Sheets Now Matter More Than Rockets
Dispatch from SmallSat Symposium. The visionaries pitching Mars colonies have largely left the building. In their place sit investment bankers, project finance lawyers, and strategic investors who are currently rewiring the architecture of the $613 billion space economy. At this ...
70,000 Satellites, One Big Bottleneck: The Industry Wakes Up to the Data Trap
Dispatch from SmallSat Symposium. Novaspace Partner Nathan De Ruiter presented staggering figures. Opening the floor with an exclusive forecast, he predicted that 70,000 small satellites launching over the next decade will represent an investment of roughly $134 billion. Yet the ...
Software Defines the New Front Lines of Space Defense
Dispatch from SmallSat Symposium. For decades the space industry measured ground segment power in rack units and heavy copper cabling. That model was effectively retired here at the SmallSat Symposium. Instead of bigger antennas or faster rockets, discussion on the ...
SES Executive Confirms End of the 15-Year Satellite Era
Dispatch from SmallSat Symposium. Taking the stage, Dr. Bryan Benedict, Senior Director of Innovation at SES Space & Defense, dismantled rather than defended the legacy model. He described the merger between satellite giants SES and Intelsat that created a fleet ...
The Dumb Pipe Is Dead: Why Physics Is Forcing AI Into Orbit
Dispatch from SmallSat Symposium. The concept of the satellite as a simple relay, serving as little more than a shiny mirror reflecting data to control rooms in Houston or Darmstadt, is extinct. At the Computer History Museum, the panel on ...
The Space Tourist Is Dead. Long Live the Orbital Industrialist.
Dispatch from SmallSat Symposium. For the Space Industry Investment and Exit Strategies panel, a clear consensus emerged that the space sector has graduated from a science fair to a serious asset class. No one’s funding technology for technology's sake anymore ...
The End of the Passive Satellite
Dispatch from SmallSat Symposium. For years, the SmallSat Symposium acted as a showcase for cheaper data relays and internet-from-the-sky optimism. But inside the Grand Hall today, the mask slipped during the session on Building the Physical Layer of Autonomy. The ...
The Benign Era is Over: Why the Commercial Space Sector Just Woke Up on the Front Lines
Dispatch from SmallSat Symposium. For the past decade the SmallSat industry operated under a comforting delusion that low Earth orbit was a sanctuary where commercial operators could move fast, break things, and prioritize automotive-grade electronics over military-grade hardening. Dr. Paul ...




















