Funding & Venture Capital

Solestial, Inc. (“Solestial”), the solar energy company for space, today announced that it has been selected by SpaceWERX for a Direct-to-Phase II contract in the amount of $1.2 million dollars to develop a novel, fast to manufacture, multiorbital solar array ...

Alphabet, the parent company of Google, Waymo self-driving cars and dozens of other subsidiaries, is further investing in would-be satellite direct-to-consumer cellular activity AST SpaceMobile. Google is already a strategic investor in AST SpaceMobile, having participated in a $155 million ...

Gilmour Space plans a Tuesday, July 15, launch for the maiden flight of Eris Test Flight1 at 2:30 PM - 12:30 AM PDT. The launch will be from Bowen Orbital Spaceport, a private orbital launch facility owned and operated by ...

An intriguing idea been floated around by Defence news expert Larry Ramer, suggesting that Amazon should buy — or make a considerable investment — in AST SpaceMobile. Ramer explained: “In light of the tremendous potential of AST’s technology, I also ...

The UK Space Agency recently announced that it has launched a major new procurement process to tackle the growing threat of space debris initiating a £75.6 million tender for the nation’s first mission to actively remove defunct satellites from orbit ...

Muon Space has closed their oversubscribed $89.5 million Series B1 round, bringing total Series B funding to $146 million—this new capital includes $44.5 million in equity and $45 million in credit facilities, and follows the company’s initial Series B close ...

Vodafone, now more accurately called VodafoneThree following its £15 billion merger with Three, says it will connect its 27 million customers wherever they are in the UK, and “by this time next year” will use a beta-trial of satellite coverage ...

In a report on New Zealand and Long Beach-based Rocket Lab their valuation has significantly increased recently as determined by Investment bank Cantor Fitzgerald, which raised its price target from $29 to $35. This positive rise is driven by investor ...

Image of Eutelsat OneWeb’s first-generation low Earth orbit satellite. (Photo courtesy of Eutelsat OneWeb) Hanwha Systems has sold its entire 5.4% stake in Eutelsat OneWeb, Europe’s leading satellite communications company. With the company’s value shrinking to about one-third of its ...

Impulse Space has raised $300 million in a Series C funding round—one of the largest venture rounds in the history of the space industry—the round, led by Linse Capital, brings Impulse’s total capital raised to $525 million. The pre-emptive raise ...

Maxar Space Systems, provider of satellite design and manufacturing has been awarded a contract by EchoStar Corporation (Nasdaq: SATS) to manufacture EchoStar XXVI, a high-power geostationary communications satellite based on the Maxar 1300™ platform. EchoStar XXVI will deliver robust coverage ...

Eutelsat has reportedly held talks with investors to raise €1.5 billion to expand its low Earth orbit (LEO) satellite constellations as it seeks better to compete with Elon Musk’s satellite-broadband service Starlink. The satellite operator is said to be in ...

Space Forge has opened of a new office in Portugal, on the island of Santa Maria in the Azores, thereby establishing a satellite return location in mainland Europe and marking the start of the company's wider European expansion. This expansion ...

The Defense Innovation Unit (DIU), in collaboration with the U.S. Northern Command (USNORTHCOM), seeks to identify solutions for scalable, cost-effective, unmanned aircraft system (UAS) detection, identification, and tracking. This challenge aims to enhance the DoD’s counter-UAS (CUAS) capabilities while addressing ...

Solestial, Inc. (“Solestial”) has closed a $17 million Series A funding round led by AE Ventures. The round welcomed new investors Crosscut Ventures, Zeon Ventures, and Mitsubishi Electric Corporation’s ME Innovation Fund (general partner: Global Brain Corporation), with participation from ...

Analysts at investment bank BNP-Paribas, in a note following the news that CEO Eva Berneke is to be replaced, said that the company’s guidance that reaffirmed the previous expectations for the year’s trading which ends on June 30th is good ...

SBIRS on the Launch PadThe Lockheed Martin built-SBIRS GEO Flight-4 satellite was launched at 7:48 p.m. EST on Jan. 19. The Strategic Missile Warning Ground and Integration Acquisition Delta at Space Systems Command, in partnership with Space Operation Command’s Mission ...

Flight Works announced has been selected by AFWERX for a Direct-to-Phase 2 (D2P2) Small Business Innovation Research (SBIR) contract that will support rapid response and sustainable space operations capabilities for the Department of the Air Force (DAF). The almost $2 ...

A European team headed by GAF AG operates the Copernicus Contributing Missions Rapid Response Desk Service GAF AG, an e-GEOS S.p.A. (Telespazio S.p.A./ASI) company, has been entrusted by the European Space Agency (ESA) to set up and operate the Copernicus ...

SuperSharp Space Systems Ltd. (SuperSharp), a University of Cambridge spinoff, earlier this month received a £5 million award from the UK Space Agency—these funds will enable an on-orbit demonstration of SuperSharp’s unfolding thermal infrared (TIR) space telescope for climate change ...