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. 

Polaris

NASA’s Launch Director Pick Turns Political

Brian Hughes, who will serve as NASA’s first senior launch operations director, was the space agency’s chief of staff from May to December, departing the agency once Administrator Jared Isaacman took over. 

VC/PE

Star Catcher Closes $65M Series A

B Capital led the round, which was co-led by Shield Capital and Cerberus Ventures.

VC/PE

Aetherflux Rebrands, Pivots Business—and Raises $275M

To better align with its new business, Aetherflux is rebranding to Cowboy Space Corporation.

Business

Rocket Lab To Acquire Motiv Space Systems

Rocket Lab will acquire space robotics company Motiv Space Systems. The acquisition, announced Thursday evening in conjunction with Rocket Lab’s Q1 earnings, will achieve two goals: Motiv is expected to be rebranded as Rocket Lab Robotics when the acquisition closes, which is scheduled for Q2. Other news: Rocket Lab announced a few other pieces of…

BusinessEO

HawkEye 360 Raises $416M in IPO

The VA-based company priced its 16M shares at $26 per share—at the top of the $24-$26 range shared in the company’s S-1 filing on May 1. 

Military

Overview Energy Wins Air Force Contract

Fuel lines can be a strategic vulnerability—and fuel deliveries can become a target for enemies. Overview claims it can avoid those potential threats by ensuring military bases have continuous power with solar power harnessed in space, day or night. 

GEOVC/PE

Astranis Raises $450M+, Including $300M Series E

Snowpoint Ventures and Franklin Templeton co-led the round, which valued the company at $2.8B, according to a source close to the deal.

PolarisQ&A

Commerce Aiming to Open Novel Space Applications This Summer

In March, the Office of Space Commerce (OSC) unveiled its plan to serve as a one-stop shop for licensing novel space missions.

Business

Bridenstine Takes Over as Quantum Space CEO

Bridenstine, who was NASA chief between 2018 and 2021, told Payload that the new position allows him to get back into national security and defense—“That’s where my background is, and where my heart is,” he said. 

Military

Anduril Names Its SBI Team For Golden Dome

Anduril is one of 12 primes working on the SBI aspect of the Golden Dome missile defense architecture.