GomSpace’s subsidiary in Luxembourg and the European Space Agency (ESA) have signed a development contract valued at 1,350,000 euros for the continued development of GomSpace’s satellite operations platform called HOOP […]
Funding
D-Orbit Secures 15M Euros Of Financing
D-Orbit secured 15 million euros financing from the European Investment Bank (EIB) in September, marking the first time that the EIB has funded a space firm — the funds will […]
mu Space Aiming To Fundraise To More Than $100M Valuation
mu Space and Advanced Technology, Satellite and Space Technologies venture — led by an aerospace engineer James Yenbamroong (Founder and CEO of the company) — are in talks to raise […]
Climate Adaptation Initiative Initiated By European Meteorological Institutions
Earlier this month, three major European meteorological institutions joined the World Meteorological Organization (WMO) to announce their support for the creation of a new Systematic Observations Financing Facility. The heads […]
Australian Funding Boosts Silentium Defence’s Space Traffic Radar Project
Silentium Defence has secured a $3.2m contract from the Australian Department of Defence to advance, deploy and demonstrate its passive radar system for monitoring traffic in space. The funding comes […]
Astroscale Closes Series E Round With $51M Boost
Astroscale Holdings Inc. (“Astroscale”) has closed their Series E round with additional funding of $51 million from a group of investors led by aSTART Co., Ltd. (“aSTART”) — this latest […]
PLD Space Obtains An Investment of 7 Million Euros
PLD Space has announced the closure of further financing through a tie-up with independent financial advisory and alternative asset management group Arcano Partners — this 7 million euros venture will […]
First Funding Round Closed By Morpheus Space
Morpheus Space closed its first funding round, led by Vsquared Ventures and joined by Lavrock Ventures, Airbus Ventures, In-Q-Tel, Pallas Ventures and Techstars. This concludes a momentous summer in which […]
Raising Additional Funding To The Tune Of Around $28 Million Is ispace
ispace, along with IF SPV 1st Investment Partnership (managed by Incubate Fund) as the lead investor, Space Frontier Fund (managed by Sparks Innovation for Future), Takasago Thermal Engineering, and Mitsui […]
OneWeb Requests FCC Rules Relaxation + SpaceX’s $$$ Injection
OneWeb, currently proceeding slowly through its Chapter 11 bankruptcy reorganization, is asking the US government to relax its rules on importing satellite components and materials under its Foreign Trade Zone […]