Tag: Space Startup
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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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Instinct Space Pivots From Lunar Navigation to Low-Cost Moon Landers
Instinct Space has announced a major strategic shift, moving away from plans to develop a lunar navigation constellation and instead focusing on low-cost lunar landers designed to provide more affordable access to the Moon. The London-based startup, which joined Y Combinator in 2025 to develop a GPS-like navigation network around the Moon, said challenges surrounding…
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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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NewOrbit Raises $18.5 Million to Commercialize Very Low Earth Orbit Satellite Operations
European satellite manufacturer NewOrbit has closed an oversubscribed $18.5 million Series A funding round to accelerate the commercialization of very low Earth orbit (VLEO), a region of space that has historically been considered too challenging for long-term commercial operations. The funding round was led by Voyager Ventures and included participation from several new and existing…
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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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Apex Space Raises $200 Million at $2.3 Billion Valuation to Expand Satellite Manufacturing
Satellite manufacturer Apex Space has secured $200 million in new funding at a valuation of $2.3 billion, as the company accelerates plans to expand production capacity and strengthen its position in the growing space infrastructure market. The funding round was led by Glade Brook Capital Partners, with participation from Washington Harbour Partners and a mix…
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Austrian Startup Tumbleweed Ships First Commercial Satellite Ahead of July Launch
Vienna-based startup Tumbleweed has shipped its first satellite, Oasis Alpha, to launch services provider Exolaunch ahead of a planned launch in July, marking what the company says is Austria’s first fully commercial satellite mission. The milestone comes less than a year after Tumbleweed was founded in 2024, highlighting the company’s goal of simplifying access to…