Voyager, Northrop Team Up For Private Space Station Competition
Northrop Grumman is pulling out of NASA’s competition to build a private space station in LEO as a solo entity to instead pair up with Voyager’s Nanoracks.
Business
Stories on space business, including company updates, funding announcements, and contract awards.
NASA Awards SmallSat Contracts
NASA is scaling up its number of eyes in space after announcing a new slate of partnerships with the commercial smallsat crew on Monday.
ispace US Unveils New Denver HQ
ispace US unveiled a new headquarters on Thursday that will serve as the homebase for its mission to establish long-term lunar infrastructure and the birthplace of the company’s newest lander. The lunar tech company, a wholly-owned subsidiary of the Japanese entity of the same name, has ambitious goals to land craft on the Moon consistently […]
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.
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 […]