BusinessStartups

Astra Space Announces Reverse Stock Split

Astra Space announced a reverse stock split on Wednesday in a last ditch effort to prevent a delisting on the stock exchange. The company’s board of directors approved the stock split of Astra’s Class A and Class B common stock, both valued at $0.0001, at a ratio of one for 15, effective immediately.  Coming back […]

EquitiesStartupsVC/PE

Antaris Raises $3.5M In Seed Funding

Antaris is hoping to bring enterprise tech concepts to space—and now it has additional seed funding to try to make that a reality.  Antaris, a SaaS platform for space, announced Wednesday that it raised $3.5M in seed funding. Streamlined Ventures, which specializes in early-stage investments, led the round, which brings Antaris’s total funding to $10M. […]

Business

SatixFy Unloads Payload Division To MDA For $60M

MDA ($MDA) has been a longtime customer of SatixFy ($SATX). Now, it’s getting a piece of the company. SatixFy, a satellite communications company that is driven by its in-house chipsets, announced on Thursday it will sell its payload division to the Canadian space tech company for $60M.  MDA will pay $40M to buy SatixFy Space […]

Business

SCOUT Acquires Space Security Company Free Space

SCOUT Space’s relationship with the DoD is about to get a boost. The space safety and observation company announced on Thursday it acquired space security startup Free Space Inc. The move will enable SCOUT Space to strengthen its relationship with the DoD as well as the intelligence industry. Terms of the deal were not disclosed.  […]

CivilStartups

SBIR’s Ignite Program Opens With A Different Ask This Year

This year, NASA’s Small Business Innovation Research Ignite program is looking for something new.  “We want to market to firms that don’t typically do business with NASA,” engineer Quenton Bonds, who leads the SBIR Ignite program, said.  The Ignite program, a two-year-old initiative aimed at helping NASA work with small businesses, is attempting to overhaul […]

BusinessISS

Voyager and Airbus Team Up To Replace The ISS

Two major space companies are joining forces to make a commercial successor to the ISS a reality.  On Tuesday, Voyager Space and Airbus Defence and Space announced a joint venture to build and operate Starlab, a LEO space station designed by Nanoracks, a department of Voyager Space.  “The International Space Station is widely regarded as […]

Debris

Astroscale, Wind River Team To Clean Up in Orbit

Astroscale’s space vacuum is getting a boost.  The company is partnering with space software startup Wind River to provide the on-board computer for ELSA-M, a mission to remove multiple pieces of debris from orbit, according to a joint announcement Wednesday. “Our ELSA-M service strives to solve satellite operators’ end-of-life disposal challenges,” Stephen Wokes, director of […]