Tag: satellite technology
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Ubotica Technologies Raises $11 Million to Expand AI-Powered Maritime Intelligence Platform
Ubotica Technologies has raised $11 million in new funding to accelerate the commercialization of its artificial intelligence platform for maritime intelligence and security applications. The Dublin-based space technology company said the funding round was co-led by Act Venture Capital and Greencode Ventures, with participation from Atlantic Bridge, an existing investor. The latest investment will support…
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SpaceX Debuts Starfall Reentry Vehicle for Microgravity Research and In-Space Manufacturing
SpaceX has conducted the first demonstration flight of Starfall, a new reentry spacecraft designed to support microgravity research, in-space manufacturing, and the return of payloads from orbit. The Starfall demonstration mission launched aboard a Falcon 9 rocket from Cape Canaveral Space Force Station in Florida on Tuesday, marking the first public flight of the vehicle.…
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Sophia Space Raises Funding, Plans In-Orbit Demonstrations of Orbital Computing Platform
Sophia Space has announced new funding and a series of planned in-orbit demonstrations as it advances development of its orbital computing technology platform. The company said it is finalizing a $7 million SAFE financing round that is expected to close this week. Investors participating in the round include EverGreen, the NVIDIA Alumni Investment Network, SparkLabs…
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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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SpaceX Unveils AI1 Orbital Computing Satellite Ahead of Planned IPO
SpaceX has revealed plans for a new satellite designed to function as a data center in orbit, marking a significant expansion beyond the company’s traditional focus on communications and launch services. The spacecraft, called AI1, is intended to serve as the first generation of a future constellation of computing satellites capable of processing artificial intelligence…
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Juno Propulsion Raises $1.4 Million to Advance Rotating Detonation Engine for Spaceflight Demonstration
Juno Propulsion has secured $1.4 million in pre-seed funding to support the development of its first flight-ready rotating detonation engine (RDE), known as Project Iris, ahead of a planned in-orbit demonstration mission in 2027. The investment round was led by SOSV, with participation from Hypernova, Leslie Ventures, Activate, Collab Fund, Safar Partners, and Cape Fear…
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AstroForge Completes DeepSpace-2 Spacecraft Ahead of Asteroid Rendezvous Mission
Asteroid mining startup AstroForge has completed assembly of the major flight hardware for its DeepSpace-2 spacecraft, positioning the mission for launch later this year as the company pursues its goal of demonstrating asteroid rendezvous capabilities in deep space. The spacecraft is scheduled to launch aboard a SpaceX Falcon 9 rocket alongside Intuitive Machines’ IM-3 lunar…
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York Space Systems to Acquire Solar Cell Maker Solestial
York Space Systems has signed a definitive agreement to acquire Solestial as the company continues a broader strategy to strengthen control over key spacecraft technologies and supply chains. Financial terms of the transaction were not disclosed. The acquisition marks York’s third announced deal this year following its planned $355 million acquisition of satellite terminal manufacturer…
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Star Catcher Raises $65 Million to Advance Space-Based Power Beaming Technology
Star Catcher has raised $65 million in Series A funding to support development of its orbital power-beaming technology and finance its first in-space demonstration mission later this year. The funding round was led by B Capital and co-led by Shield Capital and Cerberus Ventures. Additional investors included GreatPoint Ventures, Helena, Oceans Ventures and MVP Ventures.…