Karman+ Raises $20M For Asteroid Mining Demo
Multiple civil space agencies have made recent trips to asteroids. Karman+ is betting it can achieve similar results with drastically less capital.
Startups
Stories about the new players changing the space game.
India Launches $58M Space Fund
The Technology Adoption Fund is focused on providing Indian space startups with the capital to move from early-stage technologies to commercially viable products.
True Anomaly Expands to Long Beach
The facility—a new product development center—will work on payload development and new spacecraft designs, streamlining hardware and software development and production as the firm looks to expand its classified operations.
K2 Space Raises $110M Series B
The company will hire more engineers to continue its “ruthless approach to driving down costs,” according to head of strategy John Plumb.
Observable Space Forms From Telescope Hardware, Software Merger
Observable Space wants to become the Tesla of telescopes.
Urban Sky Nabs $30M for Stratospheric Balloons
Urban Sky raised a $30M Series B led by Altos Ventures to advance its balloon technology, the company announced this morning.
ATMOS Space Cargo is Go for Reentry
The Phoenix reentry vehicle will complete two Earth orbits before blasting through the atmosphere and landing in the Indian ocean—without any parachute.
DoD’s Former Top Space Buyer Joins True Anomaly Board
“I really like the speed the company is going at,” he told Payload. “And I really like their approach.”
AscendArc Raises $4M for its Small GEO Sats
AscendArc emerged from stealth this morning with $4M in funding to develop small GEO communication satellites.
AstroForge Names Target Asteroid, Signs Deal With Stoke
AstroForge announced which asteroid it’s targeting on its maiden fly-by mission—and the ride it’ll take for future prospecting flights to deep space.
Kall Morris Inc. Shares Details of ISS Demo
Kall Morris Inc., a Michigan-based debris removal startup, became the first US entity to capture an uncontrolled object in space during a demo mission to the ISS.
Hadrian’s Plan to Fix Space Manufacturing
The new tool combines a vetted supplier network with supply chain management and DFM (design for manufacturing) software, providing startups with a single point of contact for their entire supply chain.