Tag: Space Industry
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Sophia Space Raises Funding, Plans In-Orbit Demonstrations of Orbital Computing Platform
Sophia Space has announced new funding and a series of planned in-orbit demonstrations as it advances development of its orbital computing technology platform. The company said it is finalizing a $7 million SAFE financing round that is expected to close this week. Investors participating in the round include EverGreen, the NVIDIA Alumni Investment Network, SparkLabs…
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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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Rocket Lab Launches U.S. Space Force Mission in Under 17 Hours After Call-Up
Rocket Lab has successfully launched a responsive space mission for the U.S. Space Force, deploying a spacecraft less than 17 hours after receiving a launch order as part of the Victus Haze mission. The mission, conducted under the U.S. Space Force’s Tactically Responsive Space (TacRS) program, lifted off aboard a Rocket Lab Electron rocket from…
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Jio Explores Sovereign LEO Satellite Constellation to Expand Broadband Coverage Across India
India’s largest telecom operator, Jio Platforms, is evaluating the development of a sovereign low-Earth orbit (LEO) satellite constellation as part of a broader strategy to expand broadband connectivity across the country. The plan was outlined by Akash Ambani, chairman of Reliance Jio Infocomm, during the company’s shareholder meeting on June 19. Dual Satellite Strategy According…
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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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How many rocket factories are there in China?
How many rocket factories are there in China? What is the production capacity? Can it meet existing satellite launch needs? Today let’s talk: How many rocket factories are there in China? 30 rocket factories According to statistics, China currently has 30 commercial aerospace assembly and test rocket factories, of which 14 have been put into…
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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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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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Optera Raises £3 Million to Expand Space Domain Awareness Technology in the UK
Optera has secured £3 million ($4 million) in fresh funding to support its relocation from Australia to the United Kingdom, strengthening its position in the growing market for space domain awareness (SDA) and dual-use sensing technologies. The funding round was led by the UK Innovation & Science Seed Fund (UKI2S), with participation from Blackfinch Ventures,…
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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…