Business
Stories on space business, including company updates, funding announcements, and contract awards.
Orbit Fab and ClearSpace Collaborate on In-Orbit Refueling
Orbit Fab and ClearSpace are teaming up to bring their in-space servicing capabilities together in orbit.
Albedo Raises $35M for its High-Resolution VLEO Imaging
Albedo, a VLEO imaging startup, secured a $35M Series A-1 round to launch the company’s first satellite, accelerate constellation deployment, and further vertically integrate.
SSA Startup Aldoria Nabs $10.9M Series A
Aldoria, formerly known as Share My Space, clinched a €10M ($10.9M) Series A round to expand its space situational awareness (SSA) offering.
Exclusive: Apex Completes Ultra-Fast Satellite Qualification
LA-based satellite manufacturer Apex Space Systems has assembled, integrated, and tested its first satellite bus less than a year after beginning the design process.
D-Orbit Raises $110M Series C
D-Orbit, a European in-space logistics startup, secured €100M ($110M) as an initial raise in a Series C round, which will allow it to expand its service offerings and build out operations in the US, Europe, and the UK, the company announced this morning.
Sateliot Raises €6M
Spanish satellite operator startup Sateliot announced yesterday that it has clinched €6M ($6.6M) in funding from Banco Santander, the largest bank in Spain.
Iridium Launches Project Stardust
Iridium ($IRDM) is back in the market for direct-to-device services from space after revamping its strategy for the buzzy business.
The Projected Growth of the Middle Eastern Space Economy
Historically, Middle Eastern nations haven’t led the pack when it comes to impressive space tech or exploration, but that’s beginning to change as several space agencies in the region invest to realize their ambitious goals in orbit.
NASA Bumps Up Funding for Blue Origin and Voyager Space Stations
NASA has reallocated a serious pot of funding for the companies still participating in its Commercial LEO Destinations (CLD) program.
Sidus Space Nabs NOAA Remote Sensing License
Sidus Space ($SIDU) secured a key NOAA remote sensing license for Panchromatic and Shortwave Infrared imaging on its LizzieSat birds, the company announced on Wednesday.
SpaceX Deploys Direct-To-Cell Starlinks
There’s officially a new player in the direct-to-cell market. On Tuesday, SpaceX launched its first batch of Starlink satellites with the embedded capability to connect directly with phones on the ground. T-Mobile, the company’s partner in connectivity, is signed on to enable the service within the US as early as this year. Get connected: Direct-to-cell…
Terran Orbital Nabs Rivada Payment
Terran Orbital ($LLAP) announced yesterday it received a key Rivada Space Networks milestone payment for its mega-contract to build 300 internet satellites after months of delays.
Rocket Lab Wins $515M Spacecraft Contract
Rocket Lab’s ($RKLB) space systems business got a major boost just before the year drew to a close.
