Tag: space infrastructure
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Europe Faces $47B Space Infrastructure Gap Post-Launch
Can Europe Close Its $47 Billion Space Infrastructure Gap? Europe faces a critical $47 billion investment shortfall in space infrastructure over the next decade, threatening its sovereign space capabilities despite recent launch successes including Ariane 6’s debut. ESA estimates current funding covers only 65% of requirements for maintaining competitive positioning against U.S. and Chinese space…
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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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ICEYE Raises €450 Million at Valuation Exceeding €10 Billion in Major Defence and Space Funding Round
Finnish space technology company ICEYE has raised €450 million in a Series F funding round, valuing the company at more than €10 billion and marking one of the largest private financings in Europe’s defence and space sectors. The funding round was led by General Atlantic and includes participation from a group of new and existing…
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Infinite Orbits Selects Open Cosmos for ‘Tom & Jerry’ Satellite Inspection Mission
European space companies Infinite Orbits and Open Cosmos have partnered on a new satellite mission designed to demonstrate rendezvous, proximity and inspection operations in low-Earth orbit (LEO). The mission, dubbed “Tom & Jerry,” will involve two satellites that will perform a series of maneuvering and inspection activities after launch, which is currently targeted for mid-2027.…
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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…
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Cyprus Becomes First Country To Use EU GOVSATCOM Secure Satellite Communications Service
The European Union Agency for the Space Programme (EUSPA) announced that Cyprus has become the first country to operationally use the European Union’s GOVSATCOM system. The announcement, made on March 10, said the service was deployed for safety and security operations along the EU’s south-eastern borders, marking the first operational use of the platform since…
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Voyager Technologies Invests in Max Space to Develop Expandable Lunar Habitats
U.S. space and defense company Voyager Technologies has made a multi-million-dollar strategic investment in Max Space to advance the development of expandable lunar habitats, the companies said. Voyager said the funding will support internal research and development focused on space habitats for long-duration lunar and deep-space missions, as well as accelerated engineering, manufacturing scale-up and…
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DLR to Build Human Exploration Control Center for Moon and Mars Missions
The German Aerospace Center (DLR) will establish a new Human Exploration Control Center (HECC) at its Oberpfaffenhofen site near Munich to support future human and robotic missions to the Moon and Mars. The facility will expand the existing German Space Operations Center and is intended to manage complex, long-duration missions beyond low Earth orbit. Officials…
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Voyager Technologies and Max Space Partner on Expandable Space Habitats
Voyager Technologies and Max Space have agreed to collaborate on expandable space structures that could be used for habitation, storage and other infrastructure beyond Earth orbit. The companies said the technology is designed to launch in a compact configuration and expand once deployed in space, enabling large pressurized volumes without requiring multiple launches or complex…
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Northwood Space Raises $100 Million in Series B to Scale Ground Systems for Growing Orbital Missions
Northwood Space has raised $100 million in a Series B funding round to expand its ground-based space infrastructure, positioning the company to support a growing number of complex missions in orbit, it said on Wednesday. The round was co-led by Washington Harbour Partners and Andreessen Horowitz, commonly known as a16z, with participation from Alpine Space…