Interstellar Lands ¥4.63B Japanese SBIR Contract
The SBIR grant is part of a Japanese government directive to achieve 30 domestic rocket launches per year by the early 2030s.
Stories about the new players changing the space game.
The SBIR grant is part of a Japanese government directive to achieve 30 domestic rocket launches per year by the early 2030s.
The startup’s sales have ballooned from less than $1M in revenue at the start of the year to more than $10M now, CEO Shoaib Iqbal revealed to Payload.
Satellite architects are looking to lasers for more bandwidth.
The partnership will give Skynopy 15 ground stations, up from just three. However, the collaboration means much more than just wider access to terrestrial antennas.
The TX-based native-American owned space manufacturing and services company has spent over a decade slowly building its space expertise, and now it’s paying off in a big way.
This year’s cohort is Techstars most international group yet, with five of the startups headquartered outside the US.
If the space economy is young, then the space insurance market is infantile. While Relm has been insuring space companies since 2023, they’re looking to grow their involvement in the industry.
This award is the fourth Benchmark has won in as many years to develop ASCENT-based propulsion systems, bringing the total to $8.4M.
Outpost won a $36M in recent contracts from the US military to develop its technology for hypersonic testing, reentry missions, and on orbit cargo storage.
Auriga Space wants to take the rocket science out of launch. Their eventual goal is to provide rapid launch capabilities using tech more akin to high speed maglev trains than rocket engines.
“We’re going to mine asteroids or go f*****g bankrupt.”
The two contracts are vital to the US military’s mission of greater resilience in space. But they also help fund TrustPoint’s commercial ambitions.