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EuropeStartupsVC/PE

NewOrbit Raises $18.5M to Build VLEO Spacecraft at Scale

While NewOrbit has yet to fly in any orbit, the company is targeting a first flight of its VLEO-capable NEO-1 satellite in 2028.

StartupsTechnologyVC/PE

Juno Propulsion Raises $1.4M Pre-Seed for RDE Flight

The $1.4M pre-seed investment round will fund the completion of its first flight-ready rotating detonation engine (RDE)—called Project Iris—ahead of its inaugural demo mission in 2027.

Sponsored Content

Mass Is the Easy Part, Coordination Is The Hard Part

Ukraine rewrote the economics of conflict. When an adversary can field cheap drones by the thousand every month, you can’t answer them with million-dollar interceptors and exquisite platforms, you answer mass with mass. The U.S. has absorbed the lesson and is building autonomous, disposable systems faster than it ever has, led by a new generation…

Deep SpaceStartupsTechnology

AstroForge Completes its DeepSpace-2 Spacecraft

DeepSpace-2 will aim to demonstrate the company’s ability to rendezvous with an asteroid and set the stage for future asteroid mining missions before the end of the decade.

VC/PE

Apex Raises $200M At $2.3B Valuation

It’s the company’s third $200M round in about 14 months.

Europe

US Commercial Space Stations Expand to Europe

The ISS may be winding down, but Europe’s access to LEO isn’t going anywhere.

BusinessEO

Recapping Planet’s Q1 With CFO and President Ashley Johnson

“That’s one of the ways that I think we’re differentiated from companies that are going to have much more binary outcomes,” she said. “If you’re selling hardware, you recognize revenue when you’ve delivered that hardware. If it fails, that’s the end of the story.” 

Business

The Exploration Company Completes Nyx Drop Test

The test, which was completed on May 19, used a dedicated drop-test vehicle to help engineers evaluate how well parachutes and vehicle dynamics brought the capsule to a controlled stop on Earth.

EuropeStartups

Austria’s First Commercial Sat is Ready for Launch

Vienna-based startup Tumbleweed announced this week that it shipped its first satellite—called Oasis Alpha—to launch integrator Exolaunch ahead of a scheduled flight in July.

BusinessTechnology

Muon Space Unveils New, Larger Satellite Bus

Condor-Ultra is three times larger than its Condor-XL satellite bus, and geared toward the nascent orbital-data-center market.

Civil

NASA Reverts to Original CLD Procurement Plan

“The industry position will now shape the path forward as NASA proceeds with the original commercial strategy.”

Launch

Blue Origin Commits to Return to Flight This Year

After assessing the damage to the launch pad and the surrounding infrastructure, Blue Origin CEO Dave Limp posted on X that Blue Origin “will fly again before the end of this year.”