Space Economy

SpaceX launched NASA’s Psyche mission on a Falcon Heavy mission on Friday morning, launching the spacecraft to an interplanetary transfer orbit.  The Psyche spacecraft is now headed toward the asteroid...

Designing for resource constraints in space can impact climate resiliency on Earth, a Procter & Gamble executive told attendees at the Space Economy Summit hosted by The Economist on Thursday. ...

The European Space Agency (ESA) launched a competition on Monday for business ideas involving communications for the future lunar economy. ESA said the competition is looking for business ideas that...

Axiom Space and the European Space Agency (ESA) signed an MoU this month to collaborate on human spaceflight, science, technology, and commercialization. The MoU is active for three years, with...

Northrop Grumman is no longer pursuing its own commercial space station and instead will be working with Voyager Space on its Starlab project. Voyager and Northrop Grumman announced their new...

Commercial space station company Sierra Space announced a $290 million Series B funding round on Tuesday, valuing the company at $5.3 billion. The round takes Sierra Space’s total capital raised...

Intuitive Machines has secured a $20 million equity investment, giving the company enough capital that it doesn’t have to use a $50 million line of credit. The space exploration company...

Japanese space robotics startup GITAI raised $15 million in a Series B extension round to expand the company’s business in the U.S. and partially fund a lunar surface tech demonstration....

SpiderOak has completed a demonstration of its OrbitSecure technology onboard the International Space Station, successfully demonstrating sending and receiving secure ops traffic between ground and Low-Earth Orbit (LEO).  SpiderOak announced...

Commercial space station company Axiom Space raised $350 million in its Series-C round of growth funding from Saudi financier Aljazira Capital and existing investor Boryung, a Korean pharmaceutical manufacturer. Axiom...