Seraphim Releases 2023 Space Ecosystem Map
Seraphim, a leading space VC, has published its 2023 market map, detailing the state of innovation in the in-space economy with an eye on the year ahead. “As the in-space economy takes off, major players in the industry are positioning themselves to capture a slice of the burgeoning market,” Seraphim VP Maureen Laverty said in…
Suspected Chinese Spy Balloon Hanging Out Over Continental US
On Thursday, the Pentagon announced that it is tracking a high-altitude surveillance balloon over the continental US. The balloon is suspected to be Chinese in origin. Based on the fact patterns, we’re not really rushing to conclusions when we say Washington has a high level of analytic confidence that the balloon is definitely Chinese in…
Orbital Sidekick Raises $10M, Preps for Launch of Hyperspectral Constellation
This week, Orbital Sidekick announced a $10M raise from a group of strategic and existing investors. Energy Innovation Capital led the round, with energy firms Williams and ONEOK participating. The University of Minnesota’s endowment fund, 11.2 Capital, Syndicate 708, and In-Q-Tel also joined the round. Six-year-old, SF-based Orbital Sidekick is preparing to launch a six-bird…
Europe’s Privately Funded Space Capsule Startup Nabs €40.5M in Funding
The Exploration Company has closed a €40.5M Series A. The round follows a €5.3M seed round, closed in November 2021. The Franco-German startup is developing a reusable space capsule, Nyx, that will fly science missions, resupply space stations, and, with any luck, eventually, take crews to and from orbit. The vehicle is designed to carry…
IBM and NASA Partner on Earth Science AI Research
IBM’s AI foundation model tech is turning its focus to a new research target: Earth science. This morning, NASA and IBM announced a partnership that leverages the agency’s suite of geospatial data and historical imagery to generate insights on how the Earth and its climate has changed over time. IBM’s AI will analyze petabytes—that’s thousands…
Douglas Hurley and Robert Behnken to Receive Congressional Space Medal of Honor
Later today, two trailblazing American astronauts will receive the Congressional Space Medal of Honor at the White House. The details: Vice President Kamala Harris will award former NASA astronauts Douglas Hurley and Robert Behnken the medal at 4:15pm ET today. The medal was last awarded to Robert Crippen, the pilot of the first space shuttle…
LeoLabs Unveils Western Australia Space Radar
This afternoon in Western Australia, LeoLabs pulled the curtain off a new project that’s been in the making for the last nine months: the Western Australia Space Radar (WASR), built along with local partners to augment the company’s satellite and debris tracking capabilities. WASR is now fully commissioned and includes two S-band phased array radars…
US Places Sanctions on Spacety
On Friday, the US Treasury Department placed sanctions on Spacety, a Chinese smallsat developer and SAR provider, due its ties to Russian paramilitary organization Wagner Group. Backing up: The Wagner Group is Russia’s private military firm and is credited with major crimes and human rights violations in Ukraine, the Central African Republic, and Mali. The…
Latitude fires up its engine for the first time
French launch startup Latitude has completed the first hot fire test campaign of its Navier engine. The engine will power the company’s two-stage Zephyr launch vehicle. Zephyr is designed to be capable of deploying 100 kg payloads to SSO at an altitude of 700 km. The vehicle’s first stage features nine Navier engines and the…
Floodbase Renames and Closes $12M Series A
Floodbase, a Brooklyn, NY-based startup that operates an intelligence engine to help assess and insure flood risk, announced a major rebrand along with a $12M Series A. Lowercarbon Capital led the funding round, with participation from Collaborative Fund, Floating Point and Vidavo. Who’s Floodbase? The artist formerly known as Cloud to Street is working to…
Airbus Readies JUICE for Launch to Jupiter
A mission set to explore the distant, icy moons of Jupiter is go for launch. This week, Airbus announced that the JUpiter ICy moons Explorer (JUICE, at a stretch) mission is fully assembled in Toulouse, France, and is undergoing final testing before it’s shipped to French Guiana ahead of a planned launch in April. The…
Aerospace & Defense Primes Report Q4, Full-Year 2022 Earnings
The aerospace & defense (A&D) primes started reporting fourth-quarter results on Tuesday, with Raytheon ($RTX) teeing off first, followed by Lockheed Martin ($LMT), Boeing ($BA), General Dynamics ($GD), and Northrop Grumman ($NOC) this morning. Across the board, companies’ results and forward-looking projections were on the one hand buoyed by sky-high American and allied defense budgets.…
