Concise Aerospace News and Insights

Joined October 2024
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Australian startup MP Space raises A$23 million in seed funding led by Blackbird to expand spacecraft power-system manufacturing and engineering.
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NASA selects Momentus for the formulation phase of its Fly Foundational Robots Resupply mission, evaluating robotic payload delivery and in-space servicing technologies.
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Xona Space Systems raises $250 million at a $2.45 billion valuation to scale its Pulsar LEO satellite navigation network and begin commercial service in 2027.
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Mission Control Space Services has secured C$10 million in financing to expand its Canadian rover development, spacecraft testing and deep-space mission operations capabilities.
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ClearSpace has been selected by the UK Space Agency to lead the UK ADR mission, targeting the removal of two defunct satellites from low Earth orbit starting in 2029.
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Lockheed Martin and Avio have signed an agreement to expand U.S. solid rocket motor production for ER GMLRS and PrSM missiles at Avio USA's facility in Virginia.
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Voyager Technologies has received a $22.4 million Department of War agreement to prototype flight-ready satellite dispensers designed to increase deployment opportunities for the U.S. Space Force.
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Balerion Space Ventures has oversubscribed its $200 million Fund II, backing 15 companies across space, defense, advanced energy, autonomy and critical infrastructure.
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Fortastra has raised $30 million in Series A funding to scale maneuverable spacecraft, autonomy and manufacturing capabilities for on-orbit security and national defense.
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Astranis has secured a $468 million EXIM credit facility to expand U.S. production of next-generation GEO satellites and support its growing global connectivity business.
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L3Harris has received a more than $6 billion contract from Lockheed Martin to expand THAAD propulsion production over seven years, including new manufacturing capacity.
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Varda Space Industries has raised $251 million in Series D funding to scale its microgravity pharmaceutical manufacturing and space-to-Earth reentry operations.
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Star Catcher is launching its Protostar spacecraft today, October 1, on SpaceX’s Transporter-18 mission to demonstrate wireless power transmission between two free-flying spacecraft.
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Hubble Network has raised $200 million at a $1.6 billion valuation to expand its planned 60-satellite network for global Bluetooth connectivity and asset tracking.
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Northrop Grumman will build a commercially derived GHOST-R prototype for the U.S. Space Force under a DIU program focused on geosynchronous space domain awareness.
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HEO has raised $25 million in Series B funding to expand its commercial satellite imaging network into geostationary orbit and develop new space intelligence capabilities.
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True Anomaly has been selected by the Defense Innovation Unit to provide its Jackal spacecraft for the GHOST-R program, supporting U.S. space-based reconnaissance in geosynchronous orbit.
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NASA has awarded SpaceX a $946 million contract modification for three additional crew missions to the International Space Station through 2030.
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🗓️ 30 September – 1 October 📍 Park Plaza Victoria London Hotel, London We are happy to be supporting #SSGS2026 as a media partner and be part of conversations focused on advancing ground infrastructure and tackling the challenges currently faced in the sector.
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