3D metal printing is getting a makeover. Rosotics, a Mesa, AZ-based startup designing a more efficient, large-scale 3D printer optimized for the needs of the aerospace industry, announced this morning the closing of a $750,000 pre-seed round. The round was led by Draper Associates with participation from Correlation Ventures, Vibe Capital, and Sequoia Capital. That’s […]
Gravitics, a startup building human-rated space station modules, has closed a $20M funding round to build StarMax, its first product. Type One Ventures led the round, with participation from Draper Associates, FJ Labs, The Venture Collective, Helios Capital, Giant Step Capital, Gaingels, Spectre, Manhattan West, and Mana Ventures. Introducing Gravitics The Seattle-based startup emerged from […]
Hermeus, a startup building a hypersonic aircraft capable of traveling five times the speed of sound, has completed a major milestone in engine testing. The company successfully demonstrated that its engine can transition from turbojet—like what’s used in passenger aircraft—to ramjet, a much more powerful engine technology. Hermeus 101: The Atlanta-based startup is moving fast […]
It finally happened. SLS made it off the ground, and as you read this, the Orion capsule is en route to the Moon. Though the main spectacle was certainly NASA’s $4.1B, 322-foot-tall rocket lifting off and launching Orion farther than any human-rated spacecraft has gone before, that’s not all that Artemis I had going for […]
Canadian launch startup SpaceRyde has inked a deal with ISILaunch, a launch services company based in the Netherlands, to launch four customer payloads on its balloon-lofted rocket. The SpaceRyde approach: The launch startup is building a rocket that utilizes a stratospheric balloon instead of a first stage. The balloon is meant to lift the main […]
We’re on our way back to the Moon. In the wee hours of the morning, NASA finally got the 322-foot-tall Artemis I off the ground. This was the third attempt to launch the $4.1B Mega Moon Rocket. Previous attempts dating back to August were foiled by leaky hydrogen lines, faulty sensors, and two hurricanes. The […]
Kayhan Space and Morpheus Space have teamed up to offer their customers automated collision avoidance maneuvers, the two companies announced this morning. By pairing Kayhan’s space traffic management (STM) software, Pathfinder, with Morpheus’ pay-as-you-go propulsion, the companies hope they can make it simpler for satellite operators to prevent space from getting mucked up. “We want […]
Starfish Space has revealed its plans for its first space mission in spring 2023. The mission will demonstrate the startup’s satellite docking technology through its Otter Pup spacecraft, and if successful, it will be the first ever satellite docking using electric propulsion. Starfish 101: The Seattle-based startup has ambitions to enable an in-space economy where […]
On Sunday, Northrop Grumman launched the NG-18 mission, sending a Cygnus full of supplies and new science experiments to the ISS. After the Antares launcher deployed the Cygnus capsule, a problem arose: One of the craft’s two solar arrays failed to deploy. Luckily, it still had enough power to reach the station. Early yesterday morning, […]
Last week, Terran Orbital ($LLAP) announced that Lockheed Martin ($LMT) had invested $100M into the business, upping the prime’s stake from 9.4% to 33.5%. Yesterday, Terran released its Q3 results, giving us a closer look into how the business is doing. The business outlook Last quarter, Terran Orbital brought in $27.8M in revenue, higher than […]
Deutsche Bank has initiated coverage on Planet ($PL) with a $7 price target and BlackSky ($BKSY) with a $3 target, issuing buy ratings on both companies, according to a note seen by Payload. Why EO? Space technology is a difficult and capital-intensive endeavor, which raises red flags for risk-averse investors (and especially when frothy markets […]
Expect new players in the spacefaring game, says Euroconsult. Analysts from the space market intelligence firm have released their third annual report on the state of space exploration. Gone are the days when only a few major powers monopolized spacefaring—instead, Euroconsult sees a future where many more nations are active participants and investors in space […]
