Private equity investors CIC Partners and Juniper Capital Management have teamed to buy Applegate EDM and Icon Machine, both in the Dallas area, to create a new portfolio company called Precision Aerospace that focuses on exotic and precision metal work for defense and commercial space.
OQ Technology, a 5G Internet-of-Things satellite startup, has received a €13 million ($12.9 million) Series A investment led by Wa’ed Ventures, the venture capital arm of oil-and-gas company Saudi Aramco.
NASA and Axiom Space have signed a mission order for a second four-person private astronaut mission to the International Space Station (ISS), planned for the second quarter of 2023.
Satellite-based hyperspectral imagery and data provider Pixxel expects to launch its first “commercial-phase” satellites in early 2023, followed by more later that year, representatives said in August while revealing the startup’s latest strategic backer, Accenture.
T-Mobile has announced an agreement to use SpaceX’s Starlink constellation of low-Earth-orbit communications satellites for text message coverage across the continental U.S., Hawaii, parts of Alaska, Puerto Rico and U.S. territorial waters—remote regions outside the signal of T-Mobile’s terrestrial network.
Startup Relativity Space successfully completed a full-duration, 20-sec. test run of its Terran 1 rocket with its nine first-stage Aeon liquid oxygen/liquid natural gas engines at Cape Canaveral on Aug. 22, clearing a major hurdle toward a planned debut launch attempt in the coming weeks or months.
NASA is asking the aerospace industry to describe a commercial strategy for the planned deorbiting of the International Space Station, which is currently planned for the end of 2030.
The U.S. Space Council, in coordination with a variety of regulatory agencies, plans to start meeting with private space companies to discuss reforming space regulation to accommodate new technologies.
Capella Space’s third generation of synthetic aperture radar satellites, named Acadia, will feature inter-satellite laser communications systems, faster downlinks and higher resolution images.
The Federal Communications Commission is revoking plans to award SpaceX up to $886 million over 10 years to subsidize broadband internet service to rural households in the U.S. via the Starlink satellite network.