Tag: Aerospace Industry
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Star Catcher Raises $65 Million to Advance Space-Based Power Beaming Technology
Star Catcher has raised $65 million in Series A funding to support development of its orbital power-beaming technology and finance its first in-space demonstration mission later this year. The funding round was led by B Capital and co-led by Shield Capital and Cerberus Ventures. Additional investors included GreatPoint Ventures, Helena, Oceans Ventures and MVP Ventures.…
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Potomac Database Systems Targets Lunar Data Market With New Moon Missions
Potomac Database Systems has unveiled plans to develop a series of lunar missions aimed at collecting and selling scientific and operational data from the Moon. The Washington-based company said it intends to focus on supplying commercial and government customers with lunar surface data through three different mission concepts designed to support future exploration and development…
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Firefly Aerospace Launches Alpha Flight 7, Tests Block II Upgrades Ahead Of Next Mission
U.S. space and defense company Firefly Aerospace successfully launched its Alpha Flight 7 “Stairway to Seven” mission, sending a demonstrator payload for Lockheed Martin into orbit while testing upgrades planned for the rocket’s next configuration. The Firefly Alpha rocket lifted off from Space Launch Complex 2 at Vandenberg Space Force Base at 5:50 p.m. PDT…
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ISpace Raises $730 Million To Accelerate Reusable Rocket Development
Chinese commercial space company ISpace has raised about 5 billion yuan ($730 million) in a funding round it described as the largest to date for a private aerospace firm in China, as demand for satellite launches surges. The Beijing-based company, formally known as Interstellar Glory Aerospace Science and Technology, said the Series D++ round closed…
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Blue Origin Targets Late February New Glenn Launch With AST SpaceMobile Payload
Blue Origin is aiming for a late February launch of its New Glenn heavy-lift rocket, carrying a commercial satellite for AST SpaceMobile into low-Earth orbit, the company said, marking the third flight of the vehicle after more than a decade in development. The mission will be the second time Blue Origin, founded by Amazon founder…