Author: starpathwp-production
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Axiom Space Raises $350 Million to Advance Space Stations & Spacesuits
Axiom Space, the leader in commercial human space exploration, announced $350-million in financing to advance its mission to deliver the successor to the International Space Station (ISS) and ready its next-generation spacesuits for the United States’ return to the Moon for the first time in more than 50 years. The financing reflects continued strong institutional…
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PowerBank Invests $500,000 in Orbit AI for Global Expansion Following Genesis Mission Success
PowerBank Corporation, a leader in advanced solar energy and sustainable digital infrastructure, announces a definitive subscription agreement for a strategic investment of US$500,000 by PowerBank into Orbit AI. This milestone capital infusion follows the historic technical success of the “Orbit AI Genesis” mission in December 2025 and signals the beginning of a multi-phase global expansion, including…
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Arianespace Launches Ariane 64 on Inaugural Flight Carrying Amazon Satellites
Europe’s new heavy-lift rocket, Ariane 64, completed its inaugural launch successfully, signaling a major step in the continent’s effort to strengthen independent access to space while entering the global commercial launch market. Operated by Arianespace, the four-booster variant of the Ariane 6 family lifted off from Europe’s spaceport in French Guiana, carrying 32 satellites for…
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ThinKom Wins DoD Follow-On Contract for Portable Satellite Ground Stations
U.S.-based antenna manufacturer ThinKom Solutions has secured a follow-on contract from the Department of Defense worth a combined $3.9 million to supply portable satellite ground stations for military use, the company said. The transportable systems are intended to provide high-speed, resilient communications in environments where fixed infrastructure is unavailable, enabling troops to establish connectivity rapidly…
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NASA has a new problem to fix before the next Artemis II countdown test
NASA Administrator Jared Isaacman said Saturday the agency is looking at ways to prevent the fueling problems plaguing the Space Launch System rocket before the Artemis III mission. Artemis III is slated to be the first crew mission to land on the Moon since the Apollo program more than 50 years ago. As for Artemis…
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Skyrora Eyes Orbex Assets Including Scottish Spaceport After Rival’s Financial Troubles
British rocket developer Skyrora said on Thursday it is considering acquiring selected assets from rival Orbex, including a planned spaceport in northern Scotland, after the smaller launch company disclosed financial difficulties. Skyrora, headquartered in Glasgow, said it intends to explore purchasing parts of Orbex’s business, notably the Sutherland Spaceport project on Scotland’s north coast, in…
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ESA Advances Aeolus-2 Weather Satellite with €70 Million Development Award
The European Space Agency (ESA) has approved the selection of a prime contractor for its Aeolus-2 weather satellite program and is preparing to issue an initial €70 million contract to begin the next phase of development, according to project officials. Aeolus-2 is intended as the operational successor to the original Aeolus mission, which was built…
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Muon Space Shifts Strategy Toward Satellite Constellations Amid Rising Demand
Satellite manufacturer Muon Space said it is refocusing its business strategy on building constellations rather than one-off spacecraft, as analysts forecast rapid growth in the number of satellites in orbit over the coming decade. Chief Executive Jonny Dyer said the company already has about 20 satellites scheduled for launch within the next 20 months and…
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Hypersonica Raises €23.3 Million and Tests Hypersonic Missile Prototype
Munich-based defence startup Hypersonica has emerged from stealth mode with a €23.3 million Series A funding round and confirmation that it successfully test-launched a hypersonic missile prototype earlier this month. Founded in December 2023, the company says it is developing Europe’s first privately funded hypersonic strike capability, with operations across Germany and the United Kingdom.…
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Axiom Space Secures $350 Million to Advance Commercial Space Station and Lunar Spacesuits
Axiom Space said on Thursday it had raised $350 million in new financing to support construction of a commercial space station intended to succeed the International Space Station (ISS) and to advance development of next-generation spacesuits for future U.S. lunar missions. The funding round was co-led by Type One Ventures and the Qatar Investment Authority,…