Tag: Commercial Space Industry
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Lux Aeterna Raises $10M Seed Round to Develop Reusable Delphi Satellite Platform
Lux Aeterna has raised $10 million in seed funding to develop its reusable satellite platform Delphi, with the first demonstration mission planned for the first quarter of 2027. The round was led by Konvoy Ventures and included participation from existing investors Space Capital, Dynamo Ventures and Channel 39 Ventures, along with new investors including Decisive…
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China Unveils Action Plan to Boost Commercial Space Firms and Overseas Expansion
China’s space agency has released a two-year action plan aimed at accelerating the growth of its commercial space sector and encouraging private companies to expand overseas and participate in international cooperation, according to a policy document issued this week. The plan, released by the China National Space Administration (CNSA) on Tuesday, calls on Chinese commercial…