LEOOSAM

USAF and FAA Deny Varda Reentry and Recovery Permission

Varda’s first in-space manufacturing capsule can’t come back down to Earth. On Friday, TechCrunch reported that the US Air Force denied Varda Space Industries permission to use a Utah recovery range, and the FAA also denied a reentry license, leaving the company’s orbiting pharmaceutical factory waiting in orbit. “The request to use the Utah Test […]

BusinessLEOOSAM

Starfish Breaks Otter Pup’s Death Spiral

Otter Pup is back, baby. The spacecraft from Starfish Space tumbled through space for about six weeks after an emergency deployment from Launcher’s Orbiter craft in June. Yesterday, the Seattle-based startup announced that the craft is finally stabilized. “Less than two months after being deployed with rotation rates 100 times greater than normal operating conditions, […]

OSAMStartupsVC/PE

Orbit Fab Closes $28.5M Series A

Orbit Fab announced yesterday that it closed a $28.5M Series A to accelerate bringing its on-orbit refueling depot tech, i.e., gas stations in space, to market. 8090 Industries led the company’s Series A, with participation from Stride Capital, Industrious Ventures, Lockheed Martin Ventures, Tribe Capital, Good Growth Capital, and Massive Capital Partners. At the same […]

OSAMStartups

Exclusive: Starfish Nets $3M from the DIU

Starfish Space, the Seattle-based startup building vehicles to support a future on-orbit servicing economy, has snagged a $3M contract from National Security Innovation Capital (NSIC), a technology development arm of the Defense Innovation Unit (DIU).  The funds will help Starfish push its Nautilus electrostatic adhesive docking and capture mechanism through the next phases of development. […]

OSAMStartupsVC/PE

Starfish Space Raises $14M Series A

Starfish Space, a Seattle-based startup developing satellite servicing spacecraft, has raised a $14M Series A round led by Munich Re Ventures. Toyota Ventures also participated in the round, along with existing investors PSL Ventures, NFX, and MaC VC. Servicing for cheap: Starfish has a grand vision of a future economy in Earth orbit where satellites […]

InternationalLEOOSAM

European Startups Hungry for Space Tug Market Share

Today in Europe, there are no fewer than 13 companies developing or operating orbital transfer vehicles, known in short as OTVs or more colloquially as space tugs.  Around the world, we assess that there are likely north of 100 companies that are keen to grab a slice of the space tug market. With healthy competition […]

OSAMStartups

Starfish Space Announces Otter Pup Mission

Starfish Space has revealed its plans for its first space mission in spring 2023. The mission will demonstrate the startup’s satellite docking technology through its Otter Pup spacecraft, and if successful, it will be the first ever satellite docking using electric propulsion. Starfish 101: The Seattle-based startup has ambitions to enable an in-space economy where […]

MilitaryOSAMStartups

Space Force to Refuel GEO Satellite with Orbit Fab Tanker

The Space Force (USSF) has signed on to be one of the very first customers of a gas station in space.  This week, in-space refueling company Orbit Fab won a $13.3M USSF contract to gas up geostationary (GEO) military satellites starting in 2025. Under the four-year contract, which was first reported by Bloomberg, the Colorado-based […]

OSAMStartups

Orbit Fab Announces In-Space Refueling Prices

Prices at the pump may have cooled off and started coming down here on Earth, but topping off the tank in geostationary (GEO) orbit will still cost you a pretty penny.  How much? Orbit Fab has announced a flat rate price of $20M for hydrazine fill-ups in GEO, which it aims to start in 2025. […]

EquitiesLEOOSAM

Redwire ($RDW) Reports Q2 2022 Results

Redwire ($RDW) reported Q2 2022 results before the market opened on Wednesday. The Jacksonville, FL-based space infrastructure company reported quarterly revenues of $36.7M (+14.2% YoY).  Quick refresher: Commercial space powerbroker AE Industrial Partners hatched Redwire in late 2020 by merging Adcole Space and Deep Space Systems. Shortly thereafter, Redwire acquired Made in Space. The company […]

AnalysisBroadbandBusinessCivilDebrisDeep SpaceEOExplainerInternationalISSLaunchLEOMilitaryOSAMPathfinderRocketsSatcomScienceStartupsTechnologyVC/PE

Recapping the First Six Months of 2022 in Space

We’ve made it halfway through 2022. The year has flown by, but it’s been filled with big news and firsts for the space industry. Here’s our recap of the off-Earth goings-on during these last six months. Q1 The year started off with a bang as JWST unfolded successfully, reached its new home a million miles […]

EquitiesOSAM

A Q+A with Redwire’s Andrew Rush

Image: Redwire Last month, NASA Administrator Bill Nelson visited Redwire Space’s headquarters in Jacksonville, FL, and said the city has become “the center for space technology.” To be fair, Nelson was a three-term Florida senator…so he’s not entirely impartial.  Nonetheless, Redwire has helped make Jacksonville a space hub, with its corporate HQ and 37,000 square […]