After two difficult years of fundraising for commercial satellite startups, the financial environment may be improving, according to bankers in the sector.
LeoLabs has won a contract from the Air Force Research Laboratory and AFWerx innovation unit to develop an S-band 2D direct radiating array ground-based radar.
Rocket Lab has signed a preliminary memorandum of terms with the Department of Commerce for up to $23.9 million in funding from the CHIPS and Science Act.
Users of iPhone 14 and newer models will be able to send and receive text messages via a satellite connection, Apple announced at its developer conference.
Virgin Galactic’s VSS Unity flew into suborbital space and back on June 8, bringing an end to the company’s commercial flight services until its Delta-class spacecraft debuts.
With 32 of its 33 Raptor engines firing, the Super Heavy booster lifted off from SpaceX’s Boca Chica Beach, Texas, spaceport at after a trouble-free countdown.
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.
A second attempt to launch two astronauts on a shakedown cruise of Boeing’s CST-100 Starliner spacecraft was called off 3 min. 50 sec. before liftoff on June 1.
Terran Orbital has replaced its chief operating officer (COO) and acting chief financial officer (CFO) with executives from outside the aerospace industry.
