Kayhan Space Closes $7M Seed Extension, Updates Pathfinder
Kayhan Space raised a $7M seed extension ahead of the release of Pathfinder 3.0, an update to the free version of its space traffic coordination software, the company announced this morning.
Business
Stories on space business, including company updates, funding announcements, and contract awards.
General Atomics Buys EO Vista
General Atomics acquired EO Vista, an electro-optical sensor supplier, the company announced Friday. EO Vista will be tucked into the General Atomics Electromagnetic Systems division, which houses the company’s satellite manufacturing and nuclear propulsion operations. EO Vista is currently a General Atomics supplier, providing electro-optical weather sensors for its satellite buses. The acquisition brings a […]
Astra Space Announces Reverse Stock Split
Astra Space announced a reverse stock split on Wednesday in a last ditch effort to prevent a delisting on the stock exchange. The company’s board of directors approved the stock split of Astra’s Class A and Class B common stock, both valued at $0.0001, at a ratio of one for 15, effective immediately. Coming back […]
Exclusive: Spaceium and The Exploration Company Partner for In-Space Servicing
Spaceium, a startup building in-orbit pit stops for interplanetary missions, is teaming up with The Exploration Company on a demo mission to refuel a spacecraft in orbit. The two companies are betting on a future in-space servicing economy, and their missions and timelines mesh well. Spaceium is heads down designing and building a refueling, charging, […]
Open Cosmos Raises $50M Series B
Open Cosmos, a UK company that builds and supports satellites working on climate change and humanitarian initiatives, has raised a $50M Series B to support the company’s push into an international market.
Manastu Space Closes $3M Pre-Series A
India’s space industry got an energizing shock from its lunar landing two weeks ago, and so far, the flurry of investment activity isn’t showing any signs of slowing down. Manastu Space, an Indian collision avoidance and green propulsion startup, announced Tuesday that it closed a $3M pre-Series A led by Capital 2B, BIG Capital, and […]
SatixFy Unloads Payload Division To MDA For $60M
MDA ($MDA) has been a longtime customer of SatixFy ($SATX). Now, it’s getting a piece of the company. SatixFy, a satellite communications company that is driven by its in-house chipsets, announced on Thursday it will sell its payload division to the Canadian space tech company for $60M. MDA will pay $40M to buy SatixFy Space […]
SatSure Raises $15M Series A
SatSure, an EO intelligence startup, secured a $15M Series A, the company announced Wednesday. The capital influx will be used to develop a fleet of four high-res and multispectral satellites, which are expected to launch in Q4 2025. Baring Private Equity Partners and Promus Ventures led the round, which consisted of a mix of equity […]
A Q+A With Maxar’s Chris Johnson
Maxar is getting ready to start pumping out 300 series buses for the Space Development Agency’s tracking mission, but a company exec says he sees a long future for the spacecraft with both commercial and national security customers beyond the military constellation. “There are a lot of studies and demo-type contracts within the LEO sphere […]
Starfish Breaks Otter Pup’s Death Spiral
Otter Pup is back, baby. The spacecraft from Starfish Space tumbled through space for about six weeks after an emergency deployment from Launcher’s Orbiter craft in June. Yesterday, the Seattle-based startup announced that the craft is finally stabilized. “Less than two months after being deployed with rotation rates 100 times greater than normal operating conditions, […]
Viasat’s I6 F2 Satellite Malfunctions
A Viasat ($VSAT) communications satellite has malfunctioned, the company announced Thursday, marking the second such failure within the span of a month. This time, the issue is with a new member of the Inmarsat fleet, which Viasat acquired in May. The I6 F2 satellite launched in February as a backup, providing spare L-band and Ka-band […]
SCOUT Acquires Space Security Company Free Space
SCOUT Space’s relationship with the DoD is about to get a boost. The space safety and observation company announced on Thursday it acquired space security startup Free Space Inc. The move will enable SCOUT Space to strengthen its relationship with the DoD as well as the intelligence industry. Terms of the deal were not disclosed. […]