Business
Stories on space business, including company updates, funding announcements, and contract awards.
Esper Satellites’ Sales Surge Despite Losing Its First Satellite
The startup’s sales have ballooned from less than $1M in revenue at the start of the year to more than $10M now, CEO Shoaib Iqbal revealed to Payload.
Defense Tech Firm Anduril Brings AI Software to Space
Anduril is formally jumping into the space game: expanding its AI-powered tech into space to working on national security missions.
ispace Sets Second Moon Landing Attempt For December
ispace is one of three private companies that will attempt Moon landings this winter, and the only mission not funded by NASA’s Commercial Lunar Payload Services program.
The Steady Rise of Arrow Science and Technology
The TX-based native-American owned space manufacturing and services company has spent over a decade slowly building its space expertise, and now it’s paying off in a big way.
Relm Insurance’s New Policies for New Space
If the space economy is young, then the space insurance market is infantile. While Relm has been insuring space companies since 2023, they’re looking to grow their involvement in the industry.
ATLAS Raises $15M To Bolster Ground-Station Software Biz
“Some of us joke that we’re actually a software company with a network.”
There Aren’t Enough Satellite Thrusters For The SDA—Yet
Redwire is partnering with propulsion startup Phase Four to commercialize a NASA-designed Hall Effect Thruster.
Rocket Startup ABL Reduces its Workforce
ABL Space Systems announced a round of layoffs late last week, a month after a pad fire destroyed the company’s second RS1 rocket.
SoCal Will Be Space Central With or Without Elon, Experts Say
Elon Musk wants out of California, and he’s threatening to take SpaceX with him.
Loft Orbital Harnesses Desert Power with UAE Sat Venture
The new company will make the nation’s biggest foray into commercial space yet, with plans to ramp production to 50 500-kg satellites per year. Orbitworks plans to secure a facility and have its first satellite in the facility ready to integrate payloads as early as 2025.
The Playbook Behind Lockheed’s Acquisition of Terran Orbital: Payload Research
The seasoned prime outwits the SPAC investors.
Lockheed Finally Buys Terran Orbital
A transaction became inevitable on Monday when Terran reported substantial doubt about its ability to remain afloat.
