Stories about space companies’ finances, including earnings reports and M&A news.
Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]
The SAR data collector has plans for a thirty satellite constellation.
Space markets surged this year, fueled by robust VC investments in private markets and back-in-vogue space SPACs in the public markets. The good year for space investments is part of a broader bull market, where the prospects of a soft landing have sent speculative stocks soaring.
Hockeystick SPAC charts. Wallstreetbets Reddit page buzz. Short squeezes. Everything to the Moon euphoria.
The company has now flown 14 Electron missions this year.
The rocket is expected to complete a test launch in 2025, and fly three commercial launches in 2026.
The company posted it’s highest ever quarterly revenue, and announced the successful hot fire test of its Archimedes engine, which opens the door for Rocket Lab’s first medium-life launch vehicle, Neutron.
Direct-to-cell provider AST SpaceMobile jumped another 18% yesterday, bringing its year-to-date market gains to a staggering 326%.
Japanese lunar lander startup ispace has raised $8.1B yen ($53.5M) in a stock sale to help fund its third spacecraft.
Planet ($PL) reported record revenue of $220.7M and a net loss of $140M in their fiscal year ending Jan. 31.
