Satcom • VC/PE

CesiumAstro Raises $730M, Reaches Valuation Above $4.5B

CesiumAstro plans to build and deploy a new constellation—called Synchronicity—consisting of 737 satellites, deployed with the help of a recently closed $730M financing round.

Satcom • Startups • VC/PE

Northwood Space Raises $375M Series C at $2B Valuation

Northwood Space is attempting to build the world’s largest ground-station network, and now it has a massive pool of capital to fund its buildout.

Europe • VC/PE

Argotec Raises €50M To Scale Small Sat Manufacturing

NUO Space S.p.A—the space arm of the Milan-based private equity firm—led the round.

Startups • VC/PE

Seraphim Space Launches Space Academy

Thinking of going back to school? Seraphim Space is taking applications.

ISAM • Startups • VC/PE

Exclusive: Rendezvous Robotics Raises $20M to Develop Self-Assembling Spacecraft

Rendezvous Robotics is developing technology to allow future satellites to launch in pieces that can self-assemble in space.

Startups • Technology • VC/PE

MP Space Raises AUD $23M to Scale Satellite Battery Manufacturing

MP Space’s batteries launched for the first time last week with an undisclosed customer on SpaceX’s Bandwagon-5 mission, and already the company has orders to support 500+ spacecraft.

Startups • Technology • VC/PE

Colare Raises $2.5M to Expand its Hardware-Focused Hiring Platform

Colare’s technical-assessment platform maps the requirements of a role, and recreates decisions future engineers could face on the job.

Military • Technology • VC/PE

Exclusive: DoD Taps Orbital Operations for Cryogenic Spacecraft Demo

The Long Beach, CA, startup has won up to $35M from the DoD under a prototype Other Transaction Agreement to fly a full-scale, in-orbit demo of Astraeus—its cryogenic-maneuvering vehicle.

Technology • VC/PE

Xona Raises $250M Series D to Scale Commercial GPS Constellation

Xona’s long-term plan is to build a ~258-sat constellation to offer an upgraded commercial alternative to government GPS networks.

Startups • VC/PE

WarpWare Closes Pre-Seed to Bring Agentic Tools to Flight Software

CO-based WarpWare closed its $1.2M pre-seed round today to expand what it calls an AI-enabled engineering platform for space missions.

VC/PE

Balerion Surpasses $200M Goal for Fund II

Dallas-based Balerion Space Ventures has surpassed its $200M target for its second fund, the firm announced Thursday.

VC/PE

Exclusive: Kapta Space Raises $24M Series A to Build Moving Target Radar Payload

Seattle-based Kapta Space announced a $24M Series A to build next-gen radar payloads designed to track moving targets.

Startups • VC/PE

Satlyt Raises $8M Seed to Expand Its Virtual ODC Network

Satlyt was founded in 2024 by Afullo, an alum of SpaceX and Google who spent years trying to convince both companies to invest in in-space edge computing opportunities.