Tag: Space Technology
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Firefly Aerospace Acquires Space-ng to Expand Autonomous Spacecraft Capabilities
Firefly Aerospace has acquired AI-powered spacecraft navigation company Space-ng, strengthening its software capabilities for future lunar, orbital and defence missions. Financial terms of the transaction were not disclosed. Space-ng will be fully integrated into Firefly, with Space-ng co-founder and Chief Executive Officer Ethan Rublee assuming the newly created role of Chief Engineer of Software, where…
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ReOrbit Launches OrbitCloud Space Computing Programme with €4.6 Million Backing
ReOrbit has launched its OrbitCloud research and development programme to develop a space-based edge computing network, supported by an initial €4.6 million (US$5.3 million) funding award from Business Finland. The company said the overall value of the programme is expected to exceed €40 million (US$46 million) as development progresses. Space-Based Edge Computing ReOrbit describes OrbitCloud…
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MDA Space Wins Contract for Japan’s Next-Generation Defense Communications Satellite
MDA Space has secured a contract from Mitsubishi Electric Corporation to provide key technologies for Japan’s next-generation defense communications satellite, which will replace the country’s Kirameki-2 military communications satellite. Under the agreement, the Canadian space technology company will supply the satellite’s digital payload, antennas and a range of subsystems. Financial terms of the contract were…
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Industry Consortium Launches America’s Quantum Space Initiative
A coalition of companies, academic institutions and organizations has launched America’s Quantum Space Initiative, a collaborative effort aimed at advancing quantum technologies for space applications and strengthening U.S. leadership in the sector. The founding members include Infleqtion, Voyager Technologies, Monarch Quantum, Armada and the University of Colorado Boulder. Accelerating Quantum Technologies for Space The initiative…
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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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Jio Explores Sovereign LEO Satellite Constellation to Expand Broadband Coverage Across India
India’s largest telecom operator, Jio Platforms, is evaluating the development of a sovereign low-Earth orbit (LEO) satellite constellation as part of a broader strategy to expand broadband connectivity across the country. The plan was outlined by Akash Ambani, chairman of Reliance Jio Infocomm, during the company’s shareholder meeting on June 19. Dual Satellite Strategy According…
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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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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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Boeing Achieves Quantum Entanglement Swapping Milestone Ahead of 2027 Satellite Mission
Boeing has successfully demonstrated high-fidelity quantum entanglement swapping during ground-based testing of its Quantum 4 Satellite (Q4S), marking a key milestone in the development of space-based quantum networking technology. The achievement clears the path for the aerospace company to launch the Q4S satellite in 2027 for a planned one-year orbital demonstration mission aimed at validating…