Business
Stories on space business, including company updates, funding announcements, and contract awards.
SpaceX Alum Have Raised $9.2B, New Data Shows
As an organization that’s employed thousands of engineers in its 24-year history, SpaceX has acted as both a breeding ground for high-level engineering talent, and as a launch pad for new ideas.
Firefly Acquires Autonomous Space Ops Company
Firefly Aerospace announced yesterday that it acquired Space-ng, which is an AI-powered vision navigation and autonomous guidance systems provider.
Satellite Operators Launch Trade Association
Amazon, Globalstar, Iridium, and Canada’s Telesat joined together to establish the SpaceConnect Association for NGSO operators.
SpaceX Starfall Demo Provides Validation for Reentry Startups
SpaceX ($SPCX) launched a demo mission of its Starfall reentry capsule yesterday, kicking off a new era of competition in the budding reentry sector.
Space Stocks Dip After SpaceX IPO
SpaceX’s strong first day out was coupled with a significant pullback among investors in other publicly traded space companies, sending major players down across the board.
VCs Predict the SpaceX IPO Will Lift the Entire Industry
After the public markets initiate their newest whale, what happens to the rest of the space industry still reliant on private capital?
Analysts Debate SpaceX’s $1.75T Valuation Ahead of IPO
Analysts are split over whether that’s the right number, and how the stock will perform in the short term—but everyone agrees the space industry is booming.
Quantum Space To Go Public Via SPAC
“We need to scale, and to do that we need capital, but it’s also important to have access to public markets for other things we want to do. But the key right now is speed.”
Recapping Planet’s Q1 With CFO and President Ashley Johnson
“That’s one of the ways that I think we’re differentiated from companies that are going to have much more binary outcomes,” she said. “If you’re selling hardware, you recognize revenue when you’ve delivered that hardware. If it fails, that’s the end of the story.”
The Exploration Company Completes Nyx Drop Test
The test, which was completed on May 19, used a dedicated drop-test vehicle to help engineers evaluate how well parachutes and vehicle dynamics brought the capsule to a controlled stop on Earth.
Muon Space Unveils New, Larger Satellite Bus
Condor-Ultra is three times larger than its Condor-XL satellite bus, and geared toward the nascent orbital-data-center market.
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.”
Aitech Upgrades its Space Supercomputer
By integrating NVIDIA’s IGX Thor platform into the S-A2300 COTS AI Supercomputer, Aitech officials say the company is drastically expanding customers’ ability to process data in orbit.
