UK Science Minister Nusrat Ghani has unveiled a new £15 million fund to support UK space businesses for the development of satellite communications technology. The fund takes the form of […]
Funding
Orbex secures £40.4 million in Series C Funding
Orbex has secured £40.4 million for the firm’s Series C funding round, led by a new investor, the Scottish National Investment Bank — this new round of funding will allow […]
Apple selects Globalstar for emergency satellite service on the iPhone 14
Reuters reported Apple has selected Globalstar as their partner for the development of an iPhone 14 feature that will enable the sending of emergency messages from remote locales. According to […]
NASA funding projects to study space sustainability
As part of NASA‘s efforts to address orbital debris, the agency is funding research proposals from three university-based teams over the next year to analyze the economic, social, and policy […]
Series A round for OQ Technology produces million€€ in funding
OQ Technology has closed a 13 million euro Series A funding round led by Wa’ed Ventures, the venture capital arm at Aramco (the Saudi oil and gas company), and Phaistos […]
ATLAS Space Operations secures $26M in Series B Funding led by Mitsui
ATLAS Space Operations, provider of cloud-based space communications solutions, received $26 million in Series B Funding led by Mitsui & Co., Ltd. The investment round furthers confidence in ATLAS’ Ground […]
Metaspectral wins Canadian Space Agency funding + is developing an EO payload for the ISS with partner HySpeed Computing
Recently, Metaspectral received funding as part of the smartEarth Canadian Space Agency initiative to build a method to systematically and methodically quantify the carbon dioxide (CO2) levels present at ground-elevation […]
Muon Space funding attains million$$
Muon Space has announced their Series A financing led by AI-focused venture capital firm, Radical Ventures. Founded by veteran technology and aerospace leaders, Muon Space is launching hundreds of scientific-grade […]
Omnispace’s new moves for leadership team strengthens the implementation of world’s first global network offering direct-to-device connectivity
These appointments will support focused initiatives to accelerate strategic partnerships with satellite and mobile industry participants as the company drives toward development of the world’s first global 5G non-terrestrial network […]
Lockheed Martin’s venture capital fund doubles in size
Lockheed Martin (NYSE: LMT) has doubled the company’s venture capital fund from $200 million to $400 million and the firm will use the increased funds to continue to accelerate future […]