Tag: Very Low Earth Orbit
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NewOrbit Raises $18.5 Million to Commercialize Very Low Earth Orbit Satellite Operations
European satellite manufacturer NewOrbit has closed an oversubscribed $18.5 million Series A funding round to accelerate the commercialization of very low Earth orbit (VLEO), a region of space that has historically been considered too challenging for long-term commercial operations. The funding round was led by Voyager Ventures and included participation from several new and existing…
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DiskSat Gains Commercial Traction After Successful Launch to Orbit
A newly developed disc-shaped satellite platform known as DiskSat has entered commercial use shortly after reaching orbit, with two companies signing agreements to adapt the design for specialized missions. Developed with support from NASA and the Space Systems Command, DiskSat is engineered for rapid deployment via rideshare launches and optimized for operations in very low…