Business
Stories on space business, including company updates, funding announcements, and contract awards.
Northrop, Raytheon Report 2025 Earnings
Despite Northrop’s improvements over 2024, the contractor’s space systems business segment saw a downturn in sales.
Blue Origin To Build an Enterprise Satcom Network
Two months after launching New Glenn for the second time (and performing a picture-perfect first booster landing), Blue Origin has unveiled its latest project. TeraWave is a 5,408-bird, multi-orbit communications constellation designed specifically to serve enterprise and government customers.
CesiumAstro Secures $200M Government Financing
In its push to double down on its national security and defense clientele, spacecom firm CesiumAstro has secured $200M in government financing.
ESA Calls for EO Companies to Join the Insurance Game
EO and analytics companies stand to benefit from ESA support and funding in helping to bring an insurance solution to the market.
Atomic-6 Space Armor to Fly in October With Portal
It’s rare for space operators to cross their fingers, hoping their sat will get hit with a piece of space debris. But that’s exactly what Atomic-6 CEO Trevor Smith is doing.
Canadian Companies Pitch Faster Pathway for the Defense Market
Space Canada, the country’s space industry advocacy group, released a 17-page position paper Wednesday suggesting ways in which Canada can speed up procurement, in line with global trends.
L3Harris Sells Majority of Propulsion Business to AEI for $845M
In the first major transaction of 2026, L3Harris Technologies ($LHX) is shedding the bulk of its propulsion business—and Rocketdyne is so back.
What to Expect in 2026
2025 was a transformative year for the global space industry. 2026 will be the year in which many long-term plans (hopefully) take first flight.
Space Forge Ignites Plasma in Space
On the last day of the year, the in-space manufacturing startup said it successfully generated plasma aboard its ForgeStar-1 craft in LEO. The manufacturing furnace aboard the sat reached temperatures north of 1,000°C, which is essential for the orbital semiconductor manufacturing that the company is hoping to achieve.
Exolaunch to Deploy 22 Sats on SpaceX Twilight Mission
SpaceX is ready to bring customers on a sunset cruise.
SDA Awards $3.5B in Tranche 3 Tracking Layer Contracts
The Space Development Agency awarded $3.5B in contracts on Friday to continue building the Proliferated Warfighter Space Architecture (PWSA)—-a missile-tracking, military-supporting, multi-layer constellation that’s been several years in the making.
HawkEye 360 Closes $150M Financing Round, Acquires Innovative Signal Analysis
HawkEye 360 has been using its eyes in space for years to provide valuable insights on radio frequency (RF) sensing data for the defense sector. Now, as demand signals from the military are on an upswing, the company is taking growth even more seriously
