Tag: satellite technology
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Edge Aerospace Wins ESA Contract to Study Orbital Data Centers
Luxembourg-based startup Edge Aerospace has secured a contract under the European Space Agency’s Space Cloud program to examine the feasibility of orbital data centers, as Europe explores new approaches to in-space computing. Under the agreement, Edge Aerospace will develop an architectural framework and use-case roadmap for orbital computing platforms. The study will evaluate the commercial…
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Mantis Space Raises $10 Million to Develop Satellite Solar Power Beaming Technology
U.S. startup Mantis Space has raised $10 million in seed funding to develop technology designed to transmit solar power between satellites in orbit using laser beams. The financing round was led by Rule 1 Ventures with additional participation from Montauk Capital, an incubator backing the company. Mantis Space said the funds will be used to…
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AIRMO Raises €5 Million To Launch Methane Monitoring Satellite
European space startup AIRMO has secured €5 million ($5.8 million) in seed funding to support the launch of its first greenhouse gas monitoring satellite and expand its methane detection services into new markets. The funding round was led by Ananda Impact Ventures, with participation from Unconventional Ventures, Kopa Ventures, Desai Ventures, Hypernova, and New Venture…
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ENPULSION Raises €22.5 Million to Expand Electric Satellite Propulsion Business in the U.S.
Austrian space propulsion company ENPULSION has secured €22.5 million in new growth funding as it seeks to expand its presence in the United States and scale production of its satellite propulsion systems. The funding round, announced on March 3, was led by German investment firm Nordwind Growth. ENPULSION said the capital will be used to…
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HawkEye 360 Raises Additional $23 Million in Series E Funding
HawkEye 360 has raised an additional $23 million as part of its Series E funding round, with participation from new investors Ghisallo, Principia Growth and Sixty Degree Capital, alongside existing investor Strategic Development Fund. The latest financing follows a $150 million mix of debt and equity raised by the company in December 2025 to support…
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Viridian Space Signs U.S. Air Force Deal to Develop VLEO Propulsion Technology
California-based Viridian Space has signed a cooperative research and development agreement with the US Air Force to advance air-breathing electric propulsion (ABEP) technology designed for satellites operating in very low Earth orbit (VLEO). Under the five-year agreement, the partners will jointly develop the propulsion system and study operational concepts for satellites flying at extremely low…
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Samara Aerospace Raises $10 Million Seed Round to Improve Satellite Stability
Samara Aerospace, a San Francisco-based satellite bus developer, has raised $10 million in seed funding to advance a new approach to satellite stability that it says can significantly reduce vibration and improve performance in orbit. The round was led by Balerion Space Ventures, with participation from Illinois Ventures, MFV Partners and Access Venture Partners. The…
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Enhancing Asset Monitoring in Oil and Gas with Satellite Technology
Enhancing Asset Monitoring in Oil and Gas with Satellite Technology The oil and gas industry relies on vast infrastructure networks, from offshore drilling platforms to pipelines stretching across continents. Ensuring the integrity, safety, and efficiency of assets is paramount to avoiding costly failures, environmental damage, and operational downtime. Traditional monitoring methods, such as manual inspections…