World Space Week 2023

Astroscale Hopes ADRAS-J Mission Will Lay the Groundwork for Commercial Debrise Removal

Astroscale is ready to launch its ADRAS-J mission, which will conduct a close approach and orbit around a piece of space debris. The spacecraft is ready, but a launch window is on hold after Rocket Lab’s recent mission failure.

Sierra Space Raises $290M Series B Round at $5.3B Valuation

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 to $1.7 billion. 

Peter Beck’s Vision Of Rocket Lab Extends Beyond Himself

Rocket Lab CEO Peter Beck explains how the company is transitioning to a new phase of scaling up operations to get its new Neutron rockets in orbit, break launch supply bottlenecks, and become the world’s premier end-to-end space company.

The Evolution of the Space Tourism Experience

This episode of the On Orbit Future Space Economy webcast series features experts who are working to build a more complete space tourism experience package that includes pre- and post-launch adventures, in-space activities and entertainment.

Intuitive Machines Raises $20M

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 is publicly traded and went public earlier this year. 

Prepare for a Space Economy that Can Leverage SpaceX’s Starship

SpaceX’s Starship is about to become a reality, bringing unprecedented payload capacity, fairing volume and maybe price reductions to satellite operators. This paves the way for new, ambitious satellite designs, missions, and business models.

Axiom Space Raises $350M in Series C Round

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.

Fueling the First Space-Based Economy

Innovations such as in-space refueling, mineral mining, and biofabrication make it possible to dream of a future where humans can live and work in space without depending on Earth’s resources.