Tag: space mobility
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SpaceWERX Backs 11 Space Startups in $562.5 Million Push Toward Operational Fielding
SpaceWERX, the innovation arm of the U.S. Space Force, has selected 11 companies for a new round of Strategic Funding Increase, or STRATFI, agreements intended to move space technologies beyond prototype development and toward operational military use. The agreements are expected to mobilize a combined $562.5 million from government organizations, private investors and other matching…
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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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Portal Space Systems Raises $50M for Maneuverable Spacecraft
How will Portal Space Systems use its $50M funding to advance spacecraft maneuverability? Portal Space Systems closed a $50 million Series B funding round on April 9, 2026, positioning the space mobility company to accelerate development of its highly maneuverable spacecraft platforms. The Los Angeles-based startup plans to use the capital to scale manufacturing, expand…