Business
Stories on space business, including company updates, funding announcements, and contract awards.
Exolaunch’s European Expansion Continues
If Monopoly made a rocket themed board game, Exolaunch would have a hotel on every space.
AST SpaceMobile and Vodafone Form European JV
The joint venture, called SatCo, said in a statement that it has already received interest from network operators in 21+ European countries.
York Takes Legal Action Against DoD’s SBIR Award to Apex
What’s the purpose of a SBIR award? That’s the question at the heart of a lawsuit York Space Systems has filed against the military, over a contract awarded to fellow satellite builder Apex Space.
Eutelsat’s €1.35B Raise Could Help OneWeb Break Even
Despite the extraordinary payments ahead, and the sizable debt Eutelsat already faces, the company expects OneWeb to be cash-flow breakeven in 2027.
OrbitsEdge’s First Mission to Space is a Shoe In
OrbitsEdge’s Edge1 computing module will host a range of AI agents, including the first AI shoe designer in space.
Commercial Space Federation Launches Supply Chain Council
What do penguins and US space industry suppliers have in common? It’s safer for both to travel in packs.
Impulse Space Raises $300M Series C
Less than four years after its founding, the Series C brings Impulse’s total financing to $525M.
iRocket Kicks Off a $400M SPAC Deal
If completed, iRocket wi the Nasdaq with an expected valuation of approximately $400M.
Exolaunch Secures SpaceX Rides Through 2028
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.
SpaceX Closes Rare Acquisition Of Component Manufacturer
This deal may be another case of rescuing a critical supplier.
Cofactr Acquires Cogbase to Target US Supply Chain
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.
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.