VC/PE
Stories about how space companies are raising money to take on next-gen missions.
Accelerator Announces First European Space Resources Cohort
Interestingly, for an accelerator shooting for the Moon, one-third of this first cohort operates largely outside the space industry.
SatVu Pockets $25M for Thermal EO Constellation
Adara Ventures Energy Fund and existing investor Molten Ventures led the round, with further support from NOA, Lockheed Martin, Seraphim, Ridgeline, and Stellar Ventures.
ABL Replaces CEO To Build A Missile Defense System
“We’ll use our liquid rockets and launch infrastructure to offer the test flight capability needed.”
Maxar’s Newest Spacecraft Work Dawn ’til Dusk
WorldView Legion 3 and 4 are now delivering data to customers.
Inversion Raises $44M Series A To Build Its Arc
Inversion plans to use these funds to scale up its operations to deliver a full-scale reentry vehicle on orbit by 2026.
European Space Capsule Biz Wins $160M Round
The Exploration Company has $800M in contract backlog from private space station companies.
Spire Sells Ship-Tracking Business In $241M Deal
The sale will allow the Spire to pay off more than $118M in debt and leave it with another $100M on its balance sheet.
Firefly Raises $175M Series D, Aims For 2025 Launch
The news comes as competing small satellite launchers Astra and Relativity are also seeking new funding for their launch vehicle development programs.
Bridenstine Kicks Off Phase Four Investment Round
“As the NASA administrator, I had a lot of challenges with traditional Hall thrusters,” Bridenstine told Payload. “When I came across this company that’s doing electric propulsion, they can provide as much thrust and as much efficiency as a traditional hull thruster, but do it with a variety of different fuels, I got excited about it.”
Inside Astra’s Rocket Reinvention
Astra is raising a $50M capital round to support the development of its launch vehicle.
Wyvern Raises $6M To Boost Hyperspectral Data Biz
“We wanted to get to market faster than everyone, and we have.”
EarthDaily Analytics Buys Descartes Labs in PE Reshuffle
Both companies are owned by the same private equity firm, Antarctica Capital, which has been influential in finding synergies between the two businesses.