Business

Starliner Aims to Fly in Q1 2024

It’s finally confirmed: Starliner will fly again. In a briefing with NASA yesterday, Boeing ($BA) gave the first revised launch date for its crew capsule since last-minute reviews in June revealed that it was not yet ready to carry astronauts to the ISS weeks before the first planned crewed launch. Now it’s aiming to be […]

BusinessEuropeInternational

Exotrail Unveils US Subsidiaries

Exotrail, a French space mobility company, is stepping out in the US market with two new American  subsidiaries, Exotrail US Inc. and Exotrail US Federal Inc., the company announced today. Exotrail 101 From mission design to launch and deployment to in-orbit operations, Exotrail aims to do it all when it comes to space mobility. The […]

CivilDebris

IARPA Launches Space Debris Tracking Initiative

IARPA, aka the Intelligence Advanced Research Projects Activity, is getting its feet wet in space awareness.  The advanced R&D arm under the Office of the Director of National Intelligence announced Tuesday that it is launching a new program called SINTRA (Space Debris Identification and Tracking) to find, track, and characterize the millions of tiny pieces […]

CivilLEO

ESA Performs an Assisted Reentry of Aeolus

ESA successfully tested a new tool to safely deorbit defunct satellites that were designed before the development of current guidelines on reducing debris.  On Friday, the agency performed an assisted reentry of its Aeolus wind-monitoring mission, which was not originally designed for a manual deorbit. “These manoeuvres were complex, and Aeolus was not designed to […]

Business

Kleos Space Files for Bankruptcy

Kleos Space, a Luxembourg-based company monitoring RF signals from space for defense and intelligence, announced yesterday that it is filing for bankruptcy. The company has not been able to raise the cash needed to progress a converting note advised on June 6, which followed Australia Securities Exchange (ASX) pausing trading on the company on May […]

AnalysisBusinessCivil

The Space Economy Reaches $546B, The Space Foundation Says

It’s that time again—the Space Foundation has released its report on the state of the space economy through Q2 2023, and it’s reporting big numbers for the past year. According to the authors, the space economy reached $546B in 2022 despite turbulent global markets, and they’re only predicting more growth in the coming years. The […]

BusinessEquitiesVC/PE

Space DOTS Raises $1.5M Pre-Seed

Space DOTS, a UK-based advanced materials testing startup, wants to revolutionize the way the aerospace industry qualifies new materials for use in space.  The company announced the closing of a $1.5M pre-seed round this morning to build out its mini on-orbit laboratory tech. Boost VC, Sie Ventures, 7Percent Ventures, Blue Wire Capital, and angel investors […]

BusinessEquitiesVC/PE

Exclusive: Leaf Space Closes €20M Series B

Leaf Space, an Italian ground-segment-as-a-service provider, has closed a €20M ($22.1M) Series B as well as an additional €15M ($16.6M) in venture debt through a European Investment Bank loan.  Leaf Space 101 CEO Jonata Puglia and CSO Giovanni Pandolfi founded the company in 2014 to provide an end-to-end, easy-to-use solution for satellite operators to send […]

Broadband

Astranis’ Arcturus Satellite Malfunctions

Astranis’ first satellite, Arcturus, has run into a snag in its mission to provide internet connectivity over Alaska from GEO.  An anomaly with the solar array drive assembly, which is meant to keep the solar arrays pointed toward the sun, has left the craft unable to keep its payload fully charged. Despite the power problems, […]

BusinessMilitary

Hyperspace Challenge Partners with USSF Rapid Capabilities Office

The Hyperspace Challenge accelerator announced a new partnership with the US Space Force’s Rapid Capabilities Office (RCO) just before applications open for this year’s class of startups.  Hyperspace 101 The Air Force Research Lab (AFRL) launched the challenge in 2018 to recruit small businesses to solve DoD’s problems and make officials more aware of the […]

AnalysisBusinessVC/PE

Seraphim Releases Space Index

Seraphim, a leading space VC firm HQ’d in the UK, has released its yearly index on funding and acquisition activity across the space industry. Seraphim’s tracking data shows signs that investment activity is bouncing back from the economic woes and restrained capital markets of last year. Deals, deals, deals: The trailing twelve months (TTM) analysis […]

DebrisMilitary

Kall Morris Wins USAF Debris Removal Contract

This morning, Kall Morris Inc. (KMI) announced that it’s notched an agreement with the US Air Force to explore its proposed method to dock with uncontrolled pieces of debris in orbit for removal.  TumblEye-ing: Under the contract, Kall Morris plans to test its TumblEye system for active debris removal (ADR) applications for USAF.  Removing a […]