Stories on space business, including company updates, funding announcements, and contract awards.
The contract extension continues a lucrative partnership between the two companies. Exolaunch deployed more than 400 sats from 20 SpaceX launches—including every Transporter and Bandwagon rideshare flight to date.
This deal may be another case of rescuing a critical supplier.
The deal comes at a critical time for US manufacturers, who are racing to onshore their supply chains in response to the Trump administration’s tariffs.
Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close.
MDA Space posted its Q1 2025 financial results yesterday, showing a strong quarter with revenues ($351M CAD/$252.3M), backlog ($4.1B CAD/$2.95B), and net income ($37.2M CAD/$26.7M) all up compared to the same period last year.
The report, released yesterday, predicted that the global space economy will reach $944B by 2033.
As warfare becomes increasingly dependent on space-based infrastructure and the link between space capabilities and terrestrial systems, AV aims to use its technologies to connect military tech in different domains.
Amazon’s long-awaited Starlink competitor finally has a toehold in orbit.
Katalyst acquired Atomos in a bid to grow its in-space servicing business, the companies announced today.
The volume of data being gathered in space is growing exponentially, and the capacity to ship that data back to Earth is increasingly constrained. That’s why more companies want to analyze their data on orbit. Phantom Space is no different.
“Will we actually land on an asteroid and get these beautiful samples? Probably f—— not,” Gialich told Payload. “But do we hope to change the name of the game for access to deep space, and show people that the price point we’re doing this at is doable? I hope.”
While the station may look more luxurious than the industrial ISS it’s gunning to replace, CEO Max Haot was clear that the touches of comfort weren’t designed with billionaire vacationers in mind.
