Business
Stories on space business, including company updates, funding announcements, and contract awards.
Satellite IoT Firm Opens Portugal Office
Spain-based FOSSA Systems is expanding internationally for the first time with the opening of a new subsidiary in Portugal, the company announced Tuesday.
Lunar Resource Extraction Startup Interlune Raises $15.6M
Interlune, an in-space resource mining startup operating in stealth, has secured $15.6M of funding
The Uncertain Future Of Boeing’s Space Business
A one-time titan of the space industry finds itself on the sidelines, plagued by ballooning costs and slow timelines in its space division at a time when price and speed are king.
SKY Perfect JSAT Opens Laser Debris Removal Firm
A Japanese firm has a new concept for getting junk out of the way in space: lasers.
Quindar Raises $6M Seed Extension and Partners with KSAT
Quindar is moving toward its satellite constellation automation goals with the help of a $6M seed extension round and a strategic integration partnership with KSAT.
Why Private Companies Provide Better SSA Than The Pentagon
The TraCCS program not just to give DOD a rest from tracking the ever-increasing amount of stuff in orbit and focus on military objectives; it’s also that private SSA is more accurate than what the government is providing.
US Seeks to Toss Out Ligado Spectrum Lawsuit
The Ligado spectrum rights saga continues. The US government filed a motion to dismiss Ligado’s lawsuit over spectrum rights last week, challenging the court’s jurisdiction and disputing the satcom provider’s claims. Origin story: In 2020, the FCC authorized Ligado’s use of the L-band spectrum, green-lighting its plans for a terrestrial 5G network. The company said…
When Life Gives You Nuclear Waste, Make Batteries
Nuclear energy company Zeno Power announced a major step forward on Friday in its bid to provide atomic power for civil and commercial missions to deep space.
GITAI to Launch a Pair of Robotic Arms to the ISS on Monday
In every corner of GITAI’s bustling factory, a unique and fully operational robotic demo was on display, each preparing for its day in space.
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.
