Business
Stories on space business, including company updates, funding announcements, and contract awards.
NASA Begins Hand-off To Commercial Satellites
Today marks the last day that NASA’s Tracking and Data Relay System satellites will be open for new business.
Space AI is Having a Moment
After years of AI changing the way people work on Earth, the tech is finally having its moment in the space industry’s spotlight.
Charter’s Plan to Fix Space Insurance
Charter estimates that approximately 97% of the ~10,500 active satellites on orbit are uninsured. Tens of billions of dollars worth of satellite technology is flying around without a financial safety net.
The Starliner Investment Case and Potential Buyers: Payload Research
First, a ULA sale process, now Starliner.
Inside Astra’s Rocket Reinvention
Astra is raising a $50M capital round to support the development of its launch vehicle.
Ursa Major Wins New US Industrial Base Funding
The end goal is to produce 50 to 100 liquid-fueled rocket engines a year.
Comtech Looks to Sell Half its Business, Go All-in on Space
Comtech ($CMTL) announced last week that it is looking to sell its terrestrial 911 emergency call infrastructure business to go all-in on space comms.
New Data Shows a Rapidly Expanding Space Workforce
The sector added 26,000+ jobs between 2022 and 2023 in the space heavy-hitters, including the US, Japan, India, and Europe.
OroraTech Heats Up with €25M Series B
While the company has won large contracts for its wildfire monitoring capabilities it’s also recognizing new verticals where its data can drive commercial interest.
Vast Unveils Designs for Haven-1 Station
Designed in part by Apple designer Peter Russell-Clarke, Haven-1 looks more like a resort than an orbiting labratory.