Tag: Commercial Spaceflight
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Instinct Space Pivots From Lunar Navigation to Low-Cost Moon Landers
Instinct Space has announced a major strategic shift, moving away from plans to develop a lunar navigation constellation and instead focusing on low-cost lunar landers designed to provide more affordable access to the Moon. The London-based startup, which joined Y Combinator in 2025 to develop a GPS-like navigation network around the Moon, said challenges surrounding…
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Isar Aerospace Raises €270 Million to Scale Spectrum Rocket Production and Expand Global Launch Network
German launch services company Isar Aerospace has secured a €270 million Series D funding round to accelerate global expansion, increase production of its Spectrum launch vehicle and strengthen sovereign space capabilities for Europe, NATO members and allied nations. The company said the new capital will support the worldwide scaling of its operations and the ramp-up…
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SSC Space Launches SubOrbital Express-5 Mission Carrying 12 Microgravity Experiments
SSC Space successfully launched its SubOrbital Express-5 mission on 31 May from the Esrange Space Centre in northern Sweden, carrying 12 scientific and commercial experiments designed to operate in microgravity conditions. The sounding rocket reached an altitude of approximately 260 kilometres and provided researchers with around six and a half minutes of microgravity during the…
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Blue Origin Targets New Glenn Return to Flight Before End of 2026 After Launch Pad Explosion
Blue Origin plans to return its New Glenn rocket to flight before the end of 2026 despite an explosion last week that generated shockwaves reportedly comparable to a small earthquake and caused damage at the company’s launch complex. Following an assessment of Launch Complex 36A and surrounding infrastructure, Blue Origin Chief Executive Officer Dave Limp…
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Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
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Impulse Space Raises $500 Million to Expand In-Space Transportation Business
Impulse Space has raised $500 million in a Series D funding round, bringing the company’s total funding to more than $1 billion since its founding five years ago. The California-based company said the new capital will support hiring, expand vehicle development programs and help meet growing demand for in-space transportation services. Growing Demand for Space…
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PLD Space Invests €35 Million in Launch Complex at Guiana Space Centre
PLD Space has announced plans to invest €35 million ($40.8 million) in the development of its launch complex at the Guiana Space Centre (CSG) in Kourou, French Guiana. The investment will be carried out between 2025 and 2026 and is intended to support the company’s upcoming Miura 5 launch vehicle program. First Private Operator at…
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SpaceX Targets $75 Billion Raise in Planned Nasdaq IPO at $135 Per Share
SpaceX has set a fixed price of $135 per share for its planned initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The company plans to sell 555.6 million shares, which would raise approximately $75 billion. Underwriters have the option to purchase an additional 83.33 million shares, potentially increasing the…
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Muon Space Unveils Condor-Ultra Satellite Platform for Orbital Data Center Applications
Muon Space has introduced Condor-Ultra, a new high-power satellite platform designed to support emerging orbital computing, networking and space infrastructure applications. The platform expands the company’s Condor family of spacecraft, which already includes the Condor-M and Condor-XL satellite platforms. Designed for High-Power Space Missions Condor-Ultra is designed to deliver significantly more power than Muon Space’s…
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Observable Space Raises $90 Million Series A to Expand Space Tracking and Optical Systems
Observable Space has secured $90 million in Series A funding to expand production of its optical and laser-based space systems, while also supporting international growth beyond the United States. The funding round was led by Lux Capital and co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital and RTX Ventures. BRV Capital Management and…