Ovzon recently received an order at a value of 1.04 billion SEK (~$110 million) from the Swedish Defence Materiel Administration (FMV). The order is for the company’s integrated SATCOM solution […]
Government Funding
Eutelsat seeks €1.5bn funding
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 […]
SuperSharp achieves two critical milestones toward space telescope launch in 2026
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 […]
Raising cash should be easier in 2025
By Chris Forrester More than one panelist during the February 4 opening day of the SmallSat Symposium in Mountain View has talked about the need to raise cash. The topic […]
OQ Technology secures convertible investment as part of Series-B round
OQ Technology has secured a convertible loan investment as part of its Series-B round — the investment is from the newly-established Luxembourg Space Sector Development fund (LSSD) which is co-led […]
Boeing “adjusts” Starliner return, again, of NASA’s astronauts and reluctance to seek SpaceX’s help with Crew Dragon
The first astronaut mission of Boeing’s Starliner capsule has been extended again, with the spacecraft set to remain docked with the International Space Station (ISS) until at least July 2. […]
Isar Aerospace extends Series C to more than 220 million euros
Isar Aerospace has announced a significant extension of its Series C round by more than 65 million euros, bringing the total now to more than 220 million euros. The extension […]
Ubotica awarded European Defence Fund grant for space defence
Ubotica Technologies has been selected by the European Commission as a key participant in the ARCHYTAS project, a groundbreaking initiative to develop cutting-edge Artificial Intelligence (AI) accelerators for defence applications. […]
Portal Space Systems receives million$+ in DoD + USSF awards
Late last month, Portal Space Systems, a Seattle-based space startup, announced the acquisition of more than $3 million in funding from the Department of Defense (DoD) and United States Space […]
PLD Space has achieved 120 million euros in funding to date
PLD Space has reached 120 million euros in funding to date, thereby ensuring the company can meet upcoming technological and corporate milestones, all culminating in the launch of the MIURA […]