Business
Stories on space business, including company updates, funding announcements, and contract awards.
Amazon Argues to Reduce LEO Regulations
Amazon is teaming up with a handful of leading think tanks to launch the Alliance for Satellite Broadband, a coalition aiming to broaden global satellite internet access. The group was just announced yesterday, but it already has its first task: pushing regulators to update decades-old limits on signal interference between different orbits. EPFD 101: Equivalent…
SDA Awards $1.3B to Northrop Grumman and York Space Systems
The Space Development Agency (SDA) has tapped the providers to build its next batch of satellites.
Saudi Arabia Awards ASPACE $266M
ASPACE, a Hong Kong-based satellite manufacturer, is laying groundwork for a future aerospace industry in Saudi Arabia.
UK Space Agency Signs Axiom Human Spaceflight Deal
UK Space Agency signed an agreement with Axiom on Wednesday to send British astronauts on a commercially sponsored two-week scientific mission to space.
Aalyria Plans to Deploy Laser Terminals at Sea
Aalyria is building a mesh network of laser links to quickly transmit data across land, air, sea, and space. The sea-based piece of that plan is about to get a boost. Yesterday, the DC-based laser comms networking company announced that it signed an MoU with HICO Investment Group, which focuses investment in shipping and logistics…
Qosmosys Closes $100M Seed Round
Lunar lander startup Qosmosys secured a staggering $100M in seed funding to help it bring its ZeusX lander to the Moon in just four years, the startup announced last week.
AstroForge Conducts Hot Fire Test Ahead of Early 2024 Mission
Asteroid mining startup AstroForge successfully conducted a hot fire test of its Brokkr-2 surveyor spacecraft—a key milestone towards its scheduled Q1 2024 launch.
Atomic Clock Market to Grow to $1B, Future Market Insight Finds
Future Market Insights, a research firm, estimates the global atomic clock market will top $532M in sales this year and will nearly double to $1B in a decade, according to a report released Tuesday.
UC Berkeley Unveils Space Center Plans
UC Berkeley has proposed construction of a new $2B facility to boost innovation in space technologies, including astronautics, quantum computing, and climate science initiatives. The university and real-estate developer SKS Partners are eyeing a 36-acre plot at NASA Ames in Silicon Valley for the new complex, dubbed the Berkeley Space Center. The center would play…
Urban Sky Nabs $9.75M for Stratospheric Balloon Imaging
Urban Sky, a stratospheric balloon imaging startup, announced a $9.75M Series A round yesterday to build out its sensor tech and expand commercial imaging capabilities to 15+ states.
Ligado Sues the US Over Spectrum Rights
Ligado Networks, a VA-based satellite business, filed a lawsuit against the US government last week, claiming the DoD violated its spectrum riots and illegally thwarted its 5G program without compensation.
Payload Pioneers 2023
Meet our 2023 group of Payload Pioneers, 30 space innovators and disrupters under 30 years old.
