Tag: orbital-services
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Japanese Reentry Startup ElevationSpace Raises $40 Million Series B to Expand Global Operations
Japanese space technology startup ElevationSpace has raised $40 million in a Series B funding round, bringing its total funding to approximately $63.5 million as the company advances its satellite reentry and space transportation technologies. The latest round included participation from existing investors SPARX Asset Management and Beyond Next Ventures, alongside several corporate investors, including automotive…
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Applied Atomics Emerges From Stealth With $500 Million in Demand Commitments for Space Mobility Network
Space technology startup Applied Atomics has emerged from stealth mode, unveiling plans to develop a new orbital mobility infrastructure platform backed by more than $500 million in demand commitments from prospective customers and partners. The company announced on June 11 that it has secured over $500 million in Letters of Intent (LOIs) and Memoranda of…
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Quantum Space to Go Public in $1.2 Billion SPAC Deal Backed by Former NASA Chief Jim Bridenstine
Quantum Space has agreed to go public through a merger with special purpose acquisition company (SPAC) Inflection Point Acquisition Corp. VI in a transaction valuing the combined company at approximately $1.2 billion. The deal includes a $300 million private investment in public equity (PIPE) led by Inflection Point Asset Management and is expected to close…
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Europe Shifts Focus to Orbital Services Beyond Launch Sovereignty
Why is Europe shifting from launch sovereignty to orbital services dominance? European space leaders are pivoting away from the decades-long obsession with launch independence toward capturing the rapidly expanding orbital services market, projected to reach $4.2 billion by 2030. This strategic shift acknowledges that Europe’s biggest competitive advantage lies not in building rockets, but in…