Tag: space economy
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Centre for Space Futures Partners to Develop Global Space Capability Dashboard
The Centre for Space Futures (CSF) has signed a Memorandum of Cooperation (MoC) with Novaspace and SpaceTech Gulf to jointly develop a Global Space Capability Mapping Dashboard, a platform designed to provide governments, businesses, and investors with a comprehensive view of the global space sector. SpaceTechnology The partners said the initiative is intended to improve…
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SpaceX Debuts Starfall Reentry Vehicle for Microgravity Research and In-Space Manufacturing
SpaceX has conducted the first demonstration flight of Starfall, a new reentry spacecraft designed to support microgravity research, in-space manufacturing, and the return of payloads from orbit. The Starfall demonstration mission launched aboard a Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on Tuesday, marking the first public flight of the vehicle.…
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MDA Space to Acquire Blue Canyon Technologies for $620 Million
MDA Space has signed a definitive agreement to acquire Blue Canyon Technologies (BCT) from RTX’s Raytheon business in an all-cash transaction valued at $620 million, or approximately C$874 million. The acquisition is expected to strengthen MDA Space’s position in the growing U.S. government and defense space market while expanding its spacecraft manufacturing capabilities and operational…
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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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AstroForge Completes DeepSpace-2 Spacecraft Ahead of Asteroid Rendezvous Mission
Asteroid mining startup AstroForge has completed assembly of the major flight hardware for its DeepSpace-2 spacecraft, positioning the mission for launch later this year as the company pursues its goal of demonstrating asteroid rendezvous capabilities in deep space. The spacecraft is scheduled to launch aboard a SpaceX Falcon 9 rocket alongside Intuitive Machines’ IM-3 lunar…
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Space unicorns multiply as 14 startups cross $1B valuation mark
How many space companies are now worth over $1 billion? Fourteen space companies have crossed the $1 billion valuation threshold as of mid-2026, marking a 250% increase from four unicorns in 2022. The latest additions include orbital manufacturing pioneer Varda Space Industries at $1.2 billion and space domain awareness specialist True Anomaly at $1.1 billion,…
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Singapore to Launch National Space Agency as It Targets Global Space Economy Growth
Singapore will launch a national space agency on April 1 as it seeks to “fully harness the value and opportunities of the growing global space economy,” the country’s trade ministry said on Monday. The Ministry of Trade and Industry said it will oversee the new National Space Agency of Singapore, which will be responsible for…