The company will hire more engineers to continue its “ruthless approach to driving down costs,” according to head of strategy John Plumb.

AscendArc emerged from stealth this morning with $4M in funding to develop small GEO communication satellites.

Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]

The new FUSE Space Program will invest $1M in early space companies. The CEOs of Quindar and Lumen Orbit will serve as scouts, helping to find founders and ideas that would make good investments. 

“There’s no other way we’re going to get back to the surface of the Moon before the Chinese without the SLS. It’s not going to happen,” he said. 

“We’ve had complaints from launchers that they can’t get timely licensing for their permits to launch, so we definitely want to monitor the FAA’s progress in improving its licensing process for launch and reentry,” Babin told Payload.

The Space Infrastructure Act seeks to codify in statute that space assets are so vital to the nation’s economy and security that their disruption would have a debilitating impact.

Space CEOs outlined how their tech would help the US explore Mars amid the Trump administration’s focus on the Red Planet during remarks at the Commercial Space Conference on Wednesday in DC.