Tag: Space Industry
-
Apex Space Raises $200 Million at $2.3 Billion Valuation to Expand Satellite Manufacturing
Satellite manufacturer Apex Space has secured $200 million in new funding at a valuation of $2.3 billion, as the company accelerates plans to expand production capacity and strengthen its position in the growing space infrastructure market. The funding round was led by Glade Brook Capital Partners, with participation from Washington Harbour Partners and a mix…
-
Blue Origin to Expand Florida Rocket Campus With $600 Million Investment
Blue Origin will invest $600 million to expand its Rocket Park campus at Cape Canaveral Spaceport, a project expected to create 500 aerospace jobs on Florida’s Space Coast, according to an announcement by Ron DeSantis. The expansion includes plans for an approximately 830,000-square-foot upper-stage manufacturing facility intended to increase the company’s rocket production and orbital…
-
U.S. Space Force Awards Viasat and Intelsat $437.7 Million for Protected Satellite Communications Program
The United States Space Force has awarded a combined $437.7 million contract to Viasat and Intelsat for the procurement of satellites under the Protected Tactical Satellite Communications-Global (PTS-G) program, according to a government contract notice released on Friday. The Space Force said it obligated $150 million in fiscal year 2026 research, development, test and evaluation…
-
York Space Systems to Acquire Solar Cell Maker Solestial
York Space Systems has signed a definitive agreement to acquire Solestial as the company continues a broader strategy to strengthen control over key spacecraft technologies and supply chains. Financial terms of the transaction were not disclosed. The acquisition marks York’s third announced deal this year following its planned $355 million acquisition of satellite terminal manufacturer…
-
Astrolab to Send Scientific Payloads to Lunar South Pole on FLIP Rover Mission
Astrolab is preparing to send a series of scientific payloads to the Moon later this year aboard its FLIP rover mission aimed at supporting future lunar exploration near the Moon’s south pole. The company said its FLEX Lunar Innovation Platform rover, known as FLIP, will carry multiple research instruments designed to study lunar surface conditions,…
-
Vast Expands Into Satellite Bus Market With High-Power Spacecraft Platform
Vast said it will enter the satellite bus market with a new high-power spacecraft platform aimed at commercial, Earth observation and national security missions. The company announced plans to offer a 15-kilowatt-class satellite bus designed for high-volume and lower-cost deployment across a range of orbital applications. Vast also said customers will have the option to…
-
ESA Chief Calls for Independent European Human Spaceflight Capability
European Space Agency Director General Josef Aschbacher has called for Europe to establish its own independent human spaceflight capability, arguing that the continent has become overly dependent on decisions made by foreign partners. In an opinion article published on May 18, Aschbacher said recent changes to the United States’ Artemis programme architecture and Europe’s reduced…
-
Star Catcher Raises $65 Million to Advance Space-Based Power Beaming Technology
Star Catcher has raised $65 million in Series A funding to support development of its orbital power-beaming technology and finance its first in-space demonstration mission later this year. The funding round was led by B Capital and co-led by Shield Capital and Cerberus Ventures. Additional investors included GreatPoint Ventures, Helena, Oceans Ventures and MVP Ventures.…
-
Potomac Database Systems Targets Lunar Data Market With New Moon Missions
Potomac Database Systems has unveiled plans to develop a series of lunar missions aimed at collecting and selling scientific and operational data from the Moon. The Washington-based company said it intends to focus on supplying commercial and government customers with lunar surface data through three different mission concepts designed to support future exploration and development…
-
European Space Startups Attract €1.4 Billion As Private Capital Gains Confidence
Private capital markets in Europe are showing increasing confidence in space-sector startups, even as structural challenges remain, according to a new report by the European Space Policy Institute. In its annual “Space Venture 2025” report, ESPI said European space ventures secured €1.4 billion in private investment last year, representing an 8% decline year-on-year. However, venture…