Business
Stories on space business, including company updates, funding announcements, and contract awards.
The EU Space Act Raises Questions
ICYMI: This week, Payload Europe hosted its first ever webinar—all about the EU Space Act.
Intuitive Machines Closes $30M KinetX Acquisition
KinetX has joined the Intuitive Machines family after years of working alongside it. Yesterday, Intuitive Machines ($LUNR) announced that its $30M acquisition of KinetX, a space infrastructure company with experience in constellation management, is complete. The companies first announced the deal in August. The $30M acquisition was structured like this: IM is planning to use…
Exclusive: Albedo Drops its Commercial Imagery Business
Albedo will abandon its imaging business to focus entirely on building VLEO satellite buses for other payload operators.
Maxar Companies Rebrand to Lanteris, Vantor
More than two years after Maxar split into two separate companies, both entities have rebranded to alleviate confusion in the industry and ensure their names reflect their individual missions.
Powering Mars Settlements With the Sun
A startup looking to power human missions on Mars is open for business.
Zeno Power Signs Deal for Material To Scale Nuclear Space Power
The company will make a “multi-million-dollar” payment to Orano, a manager of the nuclear fuel cycle, to acquire a large amount of Americium-241 each year from Orano’s recycling site in France.
Quantum Space Acquires Phase Four’s Propulsion Tech
The deal opens the door for Quantum to integrate Phase Four’s unique propulsion capabilities to fuel Quantum’s Golden Dome ambitions.
The Ground Segment Takes Center Stage in Paris
Whatever the future holds for satellite operators, it’s safe to assume that the ground segment will be a lock step in making advancements of their own.
UK’s Defense Investment is Headed to the Space Sector
Payload chatted with half a dozen UK space leaders to find out just how much of the investment could trickle down to their sector.
True Anomaly Hires Sarah Walter As COO
“I am a big proponent of go fast, fail, learn and repeat, and continue to get better.”
EchoStar Stock Explodes After AT&T License Deal
The AT&T deal has other competitors, like T-Mobile and Starlink, hungry for their own piece of EchoStar’s pool of underused spectrum licenses.
Mynaric Charts Path to Rocket Lab, Investors Left Behind
Mynaric completed its financial restructuring this week—reigniting the possibility of an acquisition by Rocket Lab, but leaving investors holding the bag.
Space Manufacturers Fuel Capex With Private Credit
“Investors don’t usually want to see their dollars sunk into capex costs, right?”
