Tag: North America
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BAE Systems to Build Satellite Buses for Vantor’s High-Resolution Vantage Imaging Constellation
BAE Systems will manufacture the satellite buses for Vantor’s new Vantage Earth observation satellites, with the first two spacecraft expected to begin operations by 2029 under a partnership announced by the companies on Wednesday. The agreement marks the latest collaboration between the companies as Vantor expands its commercial imaging satellite capabilities with a new generation…
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Voyager Technologies to Acquire Astrobotic in Deal Valued at Up to $300 Million
Voyager Technologies has agreed to acquire lunar exploration company Astrobotic Technology in a transaction valued at up to approximately $300 million, as the space infrastructure company seeks to expand its role in supporting future lunar missions and long-term Moon operations. The deal, which is expected to close by early July 2026 pending regulatory approvals, will…
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Symphony Space Unveils Orbital Data Center Platform With Upgradeable AI Hardware
Virginia-based startup Symphony Space has unveiled a new orbital data center platform designed to support artificial intelligence workloads in space, expanding its ambitions beyond hosted payload services and into the rapidly emerging market for space-based computing infrastructure. The new platform, known as Adagio-XL, builds on the company’s previously announced Adagio hosted payload satellite and is…
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SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.77 Trillion Valuation
SpaceX has completed the largest initial public offering (IPO) in U.S. history, raising $75 billion and achieving a market valuation of approximately $1.77 trillion as the company prepares to begin trading on the Nasdaq. The offering was priced at $135 per share, with investors purchasing 555.56 million shares. The transaction surpasses the previous global IPO…
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Orbital Raises $5 Million to Develop Distributed Space-Based AI Data Center Network
Los Angeles-based startup Orbital has raised $5 million in a pre-seed funding round to support the development of a space-based computing network aimed at providing artificial intelligence processing capabilities from orbit. The funding round was led by Speedrun, the startup accelerator operated by Andreessen Horowitz (a16z), and included participation from a broad group of venture…
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SpaceX Unveils AI1 Orbital Computing Satellite Ahead of Planned IPO
SpaceX has revealed plans for a new satellite designed to function as a data center in orbit, marking a significant expansion beyond the company’s traditional focus on communications and launch services. The spacecraft, called AI1, is intended to serve as the first generation of a future constellation of computing satellites capable of processing artificial intelligence…
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Planet Labs Secures Expanded NGA Contract for AI-Enabled Maritime Intelligence Services
Planet Labs has received a $22 million contract option from the U.S. National Geospatial-Intelligence Agency (NGA) to continue providing artificial intelligence-enabled geospatial analytics for military and government users. The award expands work that began under a $13 million contract issued last year through the NGA’s Luno B program, which uses unclassified commercial imagery and analytics…
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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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NASA Declares MAVEN Mars Mission Ended After Spacecraft Falls Silent
NASA has officially declared the end of its MAVEN mission after the spacecraft orbiting Mars became unresponsive and could not be recovered following a communications loss that began in December. The agency confirmed the mission’s conclusion on Wednesday, bringing to a close more than a decade of scientific observations of the Red Planet. Contact Lost…
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Venturi Space Raises Toulouse Facility Investment to €250 Million
Venturi Space has increased its planned investment in a new manufacturing and technology facility in Toulouse, France, to €250 million, up from the €100 million originally announced earlier this year. The Monaco-based space technology company said the expanded investment will support the development and production of technologies for lunar and Martian mobility systems, including rover…