Latest News

GITAI Raises $15M to Expand Business in the US 
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. This expands the previously announced Series B funding to a total of $45 million.  GITAI raised funds through a third-party allotment from Green Co-Invest Investment...
Finance
GITAI Raises $15M to Expand Business in the US 
Spire Global Reverse Splits Stock to Raise Trading Price
Spire Global used a reverse stock split on Thursday to raise its trading price over $1. This means that every 8 shares of Spire were merged to 1 share, reducing the number of outstanding Class A shares from 166,782,887 to approximately 20,847,860. Spire has been working to raise its share price since it was labeled...
Finance
Spire Global Reverse Splits Stock to Raise Trading Price
US Space Force VICTUS NOX Mission Enters ‘Hot Standby’ Phase
A U.S. Space Force mission to demonstrate on-demand satellite launch and delivery into an assigned orbit officially entered a six-month window on Aug. 30, in which Millennium Space Systems and Firefly Aerospace will be given the go-ahead to proceed. Sometime during the “hot standby” phase of the VICTUS NOX Tactically Responsive Space (TacRS) mission, Space...
Government/Military
US Space Force VICTUS NOX Mission Enters ‘Hot Standby’ Phase
AFRL Awards Benchmark Space Systems Funds to Develop ASCENT Thrusters 
The Air Force Research Laboratory has awarded Benchmark Space Systems a $2.81 million award to further develop and test thrusters running on ASCENT fuel. ASCENT stands for Advanced Spacecraft Energetic Non-Toxic fuel, and it is an AFRL-developed fuel.  The award announced Wednesday is a Space Propulsion Research and Innovation for Neutralizing Satellite Threats (SPRINT) award...
Government/Military
AFRL Awards Benchmark Space Systems Funds to Develop ASCENT Thrusters 
SpiderOak Demonstrates OrbitSecure Cyber Solution on the ISS 
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 the successful demo on Wednesday, which was done with Amazon Web Services’ (AWS) Snowcone edge computing device provided by Axiom Space. Communication to the space...
Cybersecurity
SpiderOak Demonstrates OrbitSecure Cyber Solution on the ISS 
Satellite Software Company ReOrbit Raises $7.4M in Oversubscribed Seed Funding Round
Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc, Expansion, and YesVC. The company offers an onboard flight computer system, and software-defined satellite platforms for both Low-Earth Orbit (LEO) and Geostationary Orbit (GEO). Earlier...
Finance
Satellite Software Company ReOrbit Raises $7.4M in Oversubscribed Seed Funding Round
India-based EO Startup SatSure Raises $15M Series A Round
SatSure, an Earth observation startup based in India and focused on using satellite data for agricultural insurance use cases, raised $15 million in a Series A round. Baring Private Equity Partners, India (BPEP India) and Promus Ventures led the round, with participation from Omidyar Network India, xto10X, Force Ventures, Luckbox Ventures, and IndigoEdge Advisors. SatSure,...
Connectivity
India-based EO Startup SatSure Raises $15M Series A Round
Viasat to Provide Broadband for Korean Air’s Airbus A321neo Fleet
Viasat snags another in-flight connectivity win, announcing a deal Tuesday to connect 30 Airbus A321neo planes for Korea’s flagship air carrier, Korean Air. The aircraft will be operated on short and mid-haul flights between Seoul and destinations across Asia. Viasat is working with hardware provider Safran Passenger Innovations (SPI) to develop the solution required for...
Mobility
Viasat to Provide Broadband for Korean Air’s Airbus A321neo Fleet
Starfish Space Reports Success Stabilizing its Otter Pup Mission 
Starfish Space reported success in stabilizing its first ‘Otter Pup’ mission, after the servicing spacecraft was deployed from an orbital transfer vehicle spinning in space.  The Otter Pup rode to space on the June 12 SpaceX rideshare mission on Launcher’s Orbiter SN3 space tug. But the space tug fell into an uncontrollable rotation after it...
Technology
Starfish Space Reports Success Stabilizing its Otter Pup Mission 
Globalstar Names Former Qualcomm Exec Paul Jacobs as CEO 
Former Qualcomm CEO and XCOM Labs founder Paul Jacobs is joining Globalstar as CEO, as Globalstar announced Tuesday that CEO David Kagan is retiring. The move is part of a larger shakeup at Globalstar, a number of XCOM executives will take senior leadership positions.  Jacobs was the CEO of Qualcomm from July 2005 to March...
Finance
Globalstar Names Former Qualcomm Exec Paul Jacobs as CEO