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CivilInternational

South Korean Space Agency Unveils R&D Budget Boost

The second budget from the Korea AeroSpace Administration, which was established in May, will increase R&D spending by a whopping 43.3%.

AnalysisLaunchMilitaryResearch

US Launches 122 Defense Payloads in 2024, Europe Launches 1

The US launched 122 defense payloads in 2024, surging 184% YoY, according to data compiled by astronomer Jonathan McDowell. The upswing was driven by the National Reconnaissance Office’s deployment of 106 SpaceX and Northrop-built Starshield remote sensing recon satellites.

BusinessMilitary

Redwire Plans To Buy UAS Builder to Further NatSec Biz

Redwire intends to acquire Edge Autonomy, an uncrewed airborne system builder (UAS), to boost its ability to offer national security customers a suite of interconnected platforms across domains.

EuropeInternationalPolicy

Finland Joins the Artemis Accords

Finland’s addition to the group signals its commitment to the West’s strategy of beefing up its defense posture in space.

PolarisPolicy

Trump’s First 100 Days of Space Policy

“We will pursue our manifest destiny into the stars, launching American astronauts to plant the Stars and Stripes on the planet Mars.”

BusinessStartupsTechnology

Hadrian’s Plan to Fix Space Manufacturing

The new tool combines a vetted supplier network with supply chain management and DFM (design for manufacturing) software, providing startups with a single point of contact for their entire supply chain.

International

India Docks Two Satellites In Orbit

The mission is a significant step towards India’s pursuit of its aggressive space goals, including servicing satellites, transferring Moon samples between spacecraft for return to Earth, and assembling its space station in orbit.

LaunchRockets

SpaceX Loses Starship on Seventh Test Flight

This was the first flight of a new version of Starship.

StartupsVC/PE

FUSE Launches Space-Focused VC Program

The new FUSE Space Program will invest $1M in early space companies. The CEOs of Quindar and Lumen Orbit will serve as scouts, helping to find founders and ideas that would make good investments. 

Launch

New Glenn Reaches Orbit On Its Maiden Flight

The rocket’s first venture past the Kármán line begins a new era in commercial heavy-lift launch.

LaunchVC/PE

Stoke Secures $260M Series C For Its 100% Reusable Rocket 

Stoke Space raised $260M to continue developing its fully reusable Nova rocket and to complete the build out of its launch pad, the company announced yesterday. 

CivilEuropeInternationalLaunch

Rocket Factory Augsburg Awarded UK License For Debut Launch This Year

The license means the company has cleared all regulatory hurdles for its RFA ONE rocket to launch from the SaxaVord spaceport off the northern coast of Scotland.