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South Korea Releases Space Economy Roadmap

South Korea is set to soon get its own NASA counterpart.  That’s the plan, President Yoon Suk-yeol said Monday. Yoon laid out ambitious plans for bolstering his nation’s space economy, including goals to land a spacecraft on the Moon by 2032 and Mars by 2045. The 2045 Mars landing is aptly timed for the 100th…

EOStartupsVC/PE

Exclusive: SynMax Raises $6M

SynMax, a satellite data analytics startup specializing in oil, gas and dark ship monitoring, has raised a $6M seed round from a group of existing customers. Bill Perkins, an energy trader and cofounder of SkyFi, and GeoSol Capital LLC participated in the round. What’s the name of the game for SynMax?  The Houston startup is…

CivilISSLEO

SpaceX, NASA Launch Cargo Resupply Mission to Space Station

SpaceX launched its 26th ISS resupply mission on Saturday, hoisting roughly 7,700 pounds of hardware, food, cubesats, and scientific experiments to the station. NASA and SpaceX scrubbed a liftoff earlier in the week due to uncooperative weather.  For the CRS-26 mission, SpaceX used a brand-new Falcon 9 booster (tail number B1076) and Cargo Dragon capsule.…

EuropeInternational

ESA Announces Class of 2022 Astronauts

On Wednesday, European Space Agency Director General Josef Aschbacher announced the newest class of European astronauts. The new recruits, the first in 13 years, will kick off a one-year basic training program at ESA’s European Astronaut Center in the spring. Unlike previous classes, the new class of astronaut corps is split among three distinct groups:…

CislunarCivilScience

Artemis I Cubesats Fail to Power Up

Since launching on November 16, the Artemis I core mission has gone off practically without a hitch (unless you count damage to the elevator doors near the pad as a vital loss). SLS successfully carried the Orion capsule out of the Earth’s atmosphere and sent it on its trajectory to the Moon, where it made…

LaunchMilitary

Philippine Commander Says China Seized Space Debris

Space debris x South China Sea…the crossover nobody asked for.  On Monday, a Philippine military commander accused China of forcibly seizing a big piece of metal—most likely space debris—that the former nation’s navy was towing through the South China Sea. The course of events, per Philippine Vice Admiral Alberto Carlos’s telling:  Beijing’s take: China’s foreign…

StartupsTechnologyVC/PE

Rosotics Raises $750,000 for 3D Printers

3D metal printing is getting a makeover. Rosotics, a Mesa, AZ-based startup designing a more efficient, large-scale 3D printer optimized for the needs of the aerospace industry, announced this morning the closing of a $750,000 pre-seed round. The round was led by Draper Associates with participation from Correlation Ventures, Vibe Capital, and Sequoia Capital. That’s…

Cislunar

White House Releases First National Cislunar Science & Technology Strategy

The White House Office of Science and Technology Policy (OSTP) released its first National Cislunar Science & Technology Strategy on Thursday. The document lays out a whole-of-government R&D plan for American science and technology leadership, in service of “responsible, peaceful, and sustainable exploration and utilization of cislunar space, including the Moon.” Cislunar, what? OSTP defines…

StartupsVC/PE

Gravitics Emerges from Stealth with a $20M Funding Round

Gravitics, a startup building human-rated space station modules, has closed a $20M funding round to build StarMax, its first product. Type One Ventures led the round, with participation from Draper Associates, FJ Labs, The Venture Collective, Helios Capital, Giant Step Capital, Gaingels, Spectre, Manhattan West, and Mana Ventures. Introducing Gravitics The Seattle-based startup emerged from…

EOTechnology

Lockheed Martin and Nvidia Partner on Weather Digital Twin for NOAA

Lockheed Martin and Nvidia are joining forces to develop a global weather digital twin for the National Oceanic and Atmospheric Administration (NOAA), the two companies announced Thursday. The AI-driven earth observation system will help NOAA monitor and increase global weather conditions, including extreme events increasing in frequency.  Digital twin, you say?  Digital twins are virtual…

BusinessTechnology

Hermeus Completes Hypersonic Engine Test

Hermeus, a startup building a hypersonic aircraft capable of traveling five times the speed of sound, has completed a major milestone in engine testing. The company successfully demonstrated that its engine can transition from turbojet—like what’s used in passenger aircraft—to ramjet, a much more powerful engine technology. Hermeus 101: The Atlanta-based startup is moving fast…

Parallax

Artemis I Carries Science Cubesats to Orbit

It finally happened. SLS made it off the ground, and as you read this, the Orion capsule is en route to the Moon. Though the main spectacle was certainly NASA’s $4.1B, 322-foot-tall rocket lifting off and launching Orion farther than any human-rated spacecraft has gone before, that’s not all that Artemis I had going for…