Tag: commercial-space
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Loft Orbital and NASA JPL Partner to Demonstrate AI Software in Orbit
Loft Orbital has entered into an agreement with NASA’s Jet Propulsion Laboratory (JPL) to host and operate artificial intelligence software demonstrations in orbit as part of a NASA-funded Earth science technology program. The collaboration supports the Federated Autonomous MEasurement (FAME) project, which is funded by NASA’s Earth Science Technology Office (ESTO) and focuses on advancing…
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Japanese Reentry Startup ElevationSpace Raises $40 Million Series B to Expand Global Operations
Japanese space technology startup ElevationSpace has raised $40 million in a Series B funding round, bringing its total funding to approximately $63.5 million as the company advances its satellite reentry and space transportation technologies. The latest round included participation from existing investors SPARX Asset Management and Beyond Next Ventures, alongside several corporate investors, including automotive…
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Rocket Lab Launches U.S. Space Force Mission in Under 17 Hours After Call-Up
Rocket Lab has successfully launched a responsive space mission for the U.S. Space Force, deploying a spacecraft less than 17 hours after receiving a launch order as part of the Victus Haze mission. The mission, conducted under the U.S. Space Force’s Tactically Responsive Space (TacRS) program, lifted off aboard a Rocket Lab Electron rocket from…
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ESA Delays Space Rider Drop Test After Anomaly During Helicopter Ascent
The European Space Agency (ESA) has postponed a key drop test of its Space Rider reusable spaceplane after an anomaly occurred during a helicopter-assisted ascent phase in May, delaying the final stage of the vehicle’s landing qualification campaign. ESA confirmed that the incident took place during a two-week test campaign that concluded on May 8,…
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Voyager Technologies to Acquire Astrobotic in Deal Valued at Up to $300 Million
Voyager Technologies has agreed to acquire lunar exploration company Astrobotic Technology in a transaction valued at up to approximately $300 million, as the space infrastructure company seeks to expand its role in supporting future lunar missions and long-term Moon operations. The deal, which is expected to close by early July 2026 pending regulatory approvals, will…
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MDA Space to Acquire Blue Canyon Technologies for $620 Million
MDA Space has signed a definitive agreement to acquire Blue Canyon Technologies (BCT) from RTX’s Raytheon business in an all-cash transaction valued at $620 million, or approximately C$874 million. The acquisition is expected to strengthen MDA Space’s position in the growing U.S. government and defense space market while expanding its spacecraft manufacturing capabilities and operational…
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PiLogic Expands AI Satellite Monitoring Technology Through AFRL Partnership
PiLogic is advancing its artificial intelligence-powered satellite monitoring technology through a new partnership with the U.S. Air Force Research Laboratory (AFRL), aiming to enhance the resilience and operational reliability of military spacecraft. The Los Angeles-based space technology company is working with AFRL under a Cooperative Research and Development Agreement (CRADA), which allows the two organizations…
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Optera Raises £3 Million to Expand Space Domain Awareness Technology in the UK
Optera has secured £3 million ($4 million) in fresh funding to support its relocation from Australia to the United Kingdom, strengthening its position in the growing market for space domain awareness (SDA) and dual-use sensing technologies. The funding round was led by the UK Innovation & Science Seed Fund (UKI2S), with participation from Blackfinch Ventures,…
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Symphony Space Unveils Orbital Data Center Platform With Upgradeable AI Hardware
Virginia-based startup Symphony Space has unveiled a new orbital data center platform designed to support artificial intelligence workloads in space, expanding its ambitions beyond hosted payload services and into the rapidly emerging market for space-based computing infrastructure. The new platform, known as Adagio-XL, builds on the company’s previously announced Adagio hosted payload satellite and is…
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Applied Atomics Emerges From Stealth With $500 Million in Demand Commitments for Space Mobility Network
Space technology startup Applied Atomics has emerged from stealth mode, unveiling plans to develop a new orbital mobility infrastructure platform backed by more than $500 million in demand commitments from prospective customers and partners. The company announced on June 11 that it has secured over $500 million in Letters of Intent (LOIs) and Memoranda of…