Business
Stories on space business, including company updates, funding announcements, and contract awards.
OrbitsEdge’s First Mission to Space is a Shoe In
OrbitsEdge’s Edge1 computing module will host a range of AI agents, including the first AI shoe designer in space.
Commercial Space Federation Launches Supply Chain Council
What do penguins and US space industry suppliers have in common? It’s safer for both to travel in packs.
Impulse Space Raises $300M Series C
Less than four years after its founding, the Series C brings Impulse’s total financing to $525M.
iRocket Kicks Off a $400M SPAC Deal
If completed, iRocket wi the Nasdaq with an expected valuation of approximately $400M.
Exolaunch Secures SpaceX Rides Through 2028
The contract extension continues a lucrative partnership between the two companies. Exolaunch deployed more than 400 sats from 20 SpaceX launches—including every Transporter and Bandwagon rideshare flight to date.
SpaceX Closes Rare Acquisition Of Component Manufacturer
This deal may be another case of rescuing a critical supplier.
Cofactr Acquires Cogbase to Target US Supply Chain
The deal comes at a critical time for US manufacturers, who are racing to onshore their supply chains in response to the Trump administration’s tariffs.
Redwire Stock Tumbles on US Contract Delays
Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close.
MDA Space is Safe From Trump Tariffs, Budget Cuts
MDA Space posted its Q1 2025 financial results yesterday, showing a strong quarter with revenues ($351M CAD/$252.3M), backlog ($4.1B CAD/$2.95B), and net income ($37.2M CAD/$26.7M) all up compared to the same period last year.
New Report Values the Space Industry at $944B by 2033
The report, released yesterday, predicted that the global space economy will reach $944B by 2033.
AeroVironment Acquires BlueHalo in $4.1B Deal
As warfare becomes increasingly dependent on space-based infrastructure and the link between space capabilities and terrestrial systems, AV aims to use its technologies to connect military tech in different domains.
Kuiper Launches First Production Internet Satellites
Amazon’s long-awaited Starlink competitor finally has a toehold in orbit.
Katalyst Acquires OTV Startup Atomos
Katalyst acquired Atomos in a bid to grow its in-space servicing business, the companies announced today.