Nara Space Technology, a South Korean manufacturer of small satellites, announced on May 31 that it had raised $14.5 million in a Series B fundraising.
The filing with the ITU, a U.N. agency that manages global use of radio-frequency spectrum and sat orbits, is a prerequisite to building the constellation.
Space Florida, a quasi-public economic development and financing agency, plans to expand the state’s aerospace footprint in south Florida and the Panhandle.
Small satellite manufacturer Terran Orbital has settled its dispute with the “Concerned Investor Group” that included several prominent former employees.
Startup Albedo has raised a $35 million Series A-1 funding round and plans to use the cash infusion to launch its first operational imagery satellite, Sat-1.
Satellite technology company Quasar is targeting the U.S. military market with a new, ground-based steerable phased array radar for space domain awareness.
