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.

BusinessLEO

Vast Launches Satellite Bus Business Line

The commercial space station company announced this morning that it would start selling satellite buses, specifically targeting the low-cost, high-volume, high-power niche for missions from comms, to EO, to national-security programs.

Military

Guetlein: CBO is ‘Not Estimating What We’re Building’

The head of the Golden Dome program said CBO’s $1.2T cost estimate for the missile-defense program is way off base. 

Startups

Meet Blacknight Space Labs In-Orbit Infrastructure Accelerator

Blacknight Space Labs will provide companies up to $100,000 each. In addition, accelerator companies will get startup 101 education, mentorship, assistance breaking into the defense space market—and help with everything from fundraising, to navigating the government contracting system, to finding customers. 

BusinessLEO

Exobiosphere, Voyager Partner on ISS Mission

Exobiosphere has designed an Orbital High-Throughput Screening Device—an automated mini lab that fits into standard mid-deck lockers, aboard crewed or uncrewed space stations.