VC/PE

Apex Raises $200M At $2.3B Valuation

It’s the company’s third $200M round in about 14 months.

BusinessEO

Recapping Planet’s Q1 With CFO and President Ashley Johnson

“That’s one of the ways that I think we’re differentiated from companies that are going to have much more binary outcomes,” she said. “If you’re selling hardware, you recognize revenue when you’ve delivered that hardware. If it fails, that’s the end of the story.” 

Business

The Exploration Company Completes Nyx Drop Test

The test, which was completed on May 19, used a dedicated drop-test vehicle to help engineers evaluate how well parachutes and vehicle dynamics brought the capsule to a controlled stop on Earth.

Civil

NASA Reverts to Original CLD Procurement Plan

“The industry position will now shape the path forward as NASA proceeds with the original commercial strategy.”

Polaris

NDAA Would Cut SDA, RCO Offices

The House’s annual defense authorization bill would eliminate the two offices within the Pentagon designed to speed up space acquisition.

Business

Voyager Will Acquire Astrobotic

“With Astrobotic, Voyager is now a lunar platform that will have capability at every infrastructure layer needed to put Americans on the lunar surface and keep them there.”

VC/PE

Impulse Space Closes $500M Series D

“Often in a fundraise like this, there’s some narrative of, ‘Okay, well, now we move into this new line of business, or now we go build the factory in Ohio,’” President and COO Eric Romo told Payload. “There’s none of that here. This is really about, ‘We need more of the same. We need to continue on the same trajectory we’re on.’” 

VC/PE

Observable Space Raises $90M Series A

Space-tech startup Observable Space has closed a $90M Series A to boost its production of laser and optical hardware—in addition to expanding internationally beyond the US.

Equities

Space Markets Emerges From Stealth With Coinbase Ventures Investment

People already trade on future markets for everything from oil, to corn, to gold. Space Markets is asking: Why not space?

CivilMoon

NASA Awards LTV, Lunar Transport Contracts

“For those waiting patiently, the grand return is close at hand,” NASA Administrator Jared Isaacman said during a press conference at NASA HQ.

Launch

SEOPS Will Start Waymaker LEO Rideshares In 2028

The rideshare is designed to launch time-sensitive or non-standard payloads that can’t be accommodated on existing rideshare options.

Business

SpaceX Reveals Financial Data Ahead of IPO

SpaceX generated $18.67B in revenue in 2025, according to paperwork filed today with the Securities and Exchange Commission ahead of the company’s IPO, expected next month.

LaunchPolaris

CSF Forecasts Launch Supply Running Low

Depending on which scenario comes to fruition, the report predicts the space community will want to launch between 6,000 and 230,000 sats per year—requiring up to 7,000 launches annually, according to a release.