Author: starpathwp-production
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Spire Global Reverse Splits Stock to Raise Trading Price
Spire Global used a reverse stock split on Thursday to raise its trading price over $1. This means that every 8 shares of Spire were merged to 1 share, reducing the number of outstanding Class A shares from 166,782,887 to approximately 20,847,860. Spire has been working to raise its share price since it was labeled…
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GITAI Raises $15M to Expand Business in the US
Japanese space robotics startup GITAI raised $15 million in a Series B extension round to expand the company’s business in the U.S. and partially fund a lunar surface tech demonstration. This expands the previously announced Series B funding to a total of $45 million. GITAI raised funds through a third-party allotment from Green Co-Invest Investment…
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US Space Force VICTUS NOX Mission Enters ‘Hot Standby’ Phase
A U.S. Space Force mission to demonstrate on-demand satellite launch and delivery into an assigned orbit officially entered a six-month window on Aug. 30, in which Millennium Space Systems and Firefly Aerospace will be given the go-ahead to proceed. Sometime during the “hot standby” phase of the VICTUS NOX Tactically Responsive Space (TacRS) mission, Space…
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What time is the rare ‘blue supermoon’ on August 30?
What makes this blue moon even more special is that it also coincides with a supermoon creating a rare event that won’t happen again until 2037. Here’s what time the rare blue supermoon occurs in different areas of the world… If you feel like you’re having supermoon déjà vu, it’s completely warranted. This is our…
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Why did SpaceX give up on “catching” falling fairings? Its VP of launch explains
Amid much fanfare, SpaceX started landing its Falcon 9 rockets in 2015, and it began reusing them less than two years later. The first stage of the Falcon 9 rocket, with nine engines and the bulk of the mass, accounts for about half of the cost of manufacturing a rocket, so this represents a considerable…
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India-based EO Startup SatSure Raises $15M Series A Round
SatSure, an Earth observation startup based in India and focused on using satellite data for agricultural insurance use cases, raised $15 million in a Series A round. Baring Private Equity Partners, India (BPEP India) and Promus Ventures led the round, with participation from Omidyar Network India, xto10X, Force Ventures, Luckbox Ventures, and IndigoEdge Advisors. SatSure,…
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Satellite Software Company ReOrbit Raises $7.4M in Oversubscribed Seed Funding Round
Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc, Expansion, and YesVC. The company offers an onboard flight computer system, and software-defined satellite platforms for both Low-Earth Orbit (LEO) and Geostationary Orbit (GEO). Earlier…
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James Webb Space Telescope captures Whirlpool galaxy in never before seen detail
Galaxy M51, also known as Messier 51, is a famous spiral galaxy located about 31 million light-years from Earth. It’s a popular target for amateur astronomers and for researchers using billion-dollar telescopes. The Hubble Space Telescope first captured the galaxy in 2017, showing its stunning spiral arms. These basically act as star-formation factories, compressing hydrogen…
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SpiderOak Demonstrates OrbitSecure Cyber Solution on the ISS
SpiderOak has completed a demonstration of its OrbitSecure technology onboard the International Space Station, successfully demonstrating sending and receiving secure ops traffic between ground and Low-Earth Orbit (LEO). SpiderOak announced the successful demo on Wednesday, which was done with Amazon Web Services’ (AWS) Snowcone edge computing device provided by Axiom Space. Communication to the space…
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Globalstar Names Former Qualcomm Exec Paul Jacobs as CEO
Former Qualcomm CEO and XCOM Labs founder Paul Jacobs is joining Globalstar as CEO, as Globalstar announced Tuesday that CEO David Kagan is retiring. The move is part of a larger shakeup at Globalstar, a number of XCOM executives will take senior leadership positions. Jacobs was the CEO of Qualcomm from July 2005 to March…