Business
Stories on space business, including company updates, funding announcements, and contract awards.
Redwire Stock Tumbles on US Contract Delays
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 is Safe From Trump Tariffs, Budget Cuts
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.
New Report Values the Space Industry at $944B by 2033
The report, released yesterday, predicted that the global space economy will reach $944B by 2033.
AeroVironment Acquires BlueHalo in $4.1B Deal
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.
Kuiper Launches First Production Internet Satellites
Amazon’s long-awaited Starlink competitor finally has a toehold in orbit.
Katalyst Acquires OTV Startup Atomos
Katalyst acquired Atomos in a bid to grow its in-space servicing business, the companies announced today.
Phantom Space and Ubotica Team Up to Bring AI to Orbit
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.
A Post-Mission Debrief with AstroForge’s CEO
“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.”
Vast Unveils Haven-1 Model, Partnerships in Colorado
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.
Honda Will Hitch a Ride on Dream Chaser to the ISS
Honda will put its decades of work on hydrogen fuel cell technologies to the test in orbit.
DoD Taps Firefly For Responsive LEO Mission
Firefly will conduct a responsive space mission for DoD as early as 2027, which will include capabilities such as conducting space domain operations in LEO.
LeoLabs Unveils Scout Mobile Radar System
Unlike the rest of LeoLabs’ fixed radar tech, Scout is a mobile radar platform that can be deployed anywhere in the world.
Axiom Launching Two Data Centers to LEO This Year
Many sectors of the space industry predict that AI and machine learning will help process the unprecedented amount of data collected in orbit. The ODC nodes will help enable that, according to Axiom.
