Business
Stories on space business, including company updates, funding announcements, and contract awards.
Millennium Nabs $414M SDA FOO Fighter Contract
Millennium Space Systems secured a $414M contract on Tuesday to build eight fire control-enabled satellites for the SDA that can detect and track advanced missile systems.
Maxar Closes in on the Launch of its WorldView Legion Satellites
Maxar is preparing to launch its first two WorldView Legion EO satellites in the coming days aboard Falcon 9, following years of delays for the new constellation.
Astroscale Sees its Debris
Astroscale has hunted down its targeted space debris and is now within paparazzi distance.
Astranis Reveals Higher Capacity GEO Broadband Satellite
Astranis, a satcom startup, unveiled its Omega micro GEO broadband satellite platform yesterday, designed to offer five times the power of its first-generation models.
Lockheed’s Mid-Size Bus Set to Fly This Year
Lockheed Martin is preparing to launch its medium-sized LM 400 bus before the end of the year in preparation for a few classified opportunities coming down the pipeline, Lockheed Space President Robert Lightfoot told a small group of reporters at Space Symposium.
Max Space Unveils Expandable Habitat
Shooting a Beyonce music video in zero gravity, farming to feed astronauts on the Moon, and storing fuel in orbit could all become possible with a new expandable space habitat designed and built by Max Space,, cofounder Aaron Kemmer told Payload.
The $1.8T Space Economy
The space economy could grow to $1.8T by 2035, according to a report released today by the World Economic Forum in partnership with McKinsey & Company.
Varda Raises $90M Series B
On the heels of its first successful mission returning in-space manufactured drugs from orbit, Varda Space Industries has closed a $90M Series B, bringing the company’s total fundraising to date to $145M.
Exclusive: Phase Four Secures a $14.9M DARPA Contract for an Air-Breathing VLEO System
Congestion in LEO is on its way up, and in response, the US military is looking to move down.
Pentagon Releases First Commercial Space Strategy
The Pentagon on Tuesday released its long-awaited strategy for working more closely with the commercial space sector, which includes plans to boost cooperation during times of peace and protect commercial assets in times of conflict.
ispace Raises $53.5M for Future Lunar Landers
Japanese lunar lander startup ispace has raised $8.1B yen ($53.5M) in a stock sale to help fund its third spacecraft.