PLD Space secures $35 million European Investment Bank loan for MIURA 5 launcherMILAN – PLD Space signed a 30 million euro ($35 million) venture debt loan with the European Investment Bank (EIB) on April 7, a move to support the final development stage of MIURA 5, PLD’s lightweight rocket. Miura 5, which is designed to deploy roughly 540 kilograms to 1 ton of payload to low Earth […] The post PLD Space secures $35 million European Investment Bank loan for MIURA 5 launcher appeared first on SpaceNews.
Portal Space Systems raises $50 million to accelerate spacecraft developmentSpace mobility company Portal Space Systems has raised $50 million to scale up development of its highly maneuverable spacecraft. The post Portal Space Systems raises $50 million to accelerate spacecraft development appeared first on SpaceNews.
Lockheed Martin wins $105 million contract for GPS ground control system as OCX winds downThe contract supports next-generation GPS IIIF satellites through 2030 The post Lockheed Martin wins $105 million contract for GPS ground control system as OCX winds down appeared first on SpaceNews.
PLD Space Secures €30 Million European Investment Bank LoanSpanish launch services provider PLD Space has secured a €30 million loan from the European Investment Bank (EIB), a month after closing a €180 million Series C funding round. The company is currently preparing for the inaugural flight of its MIURA 5 rocket, scheduled for later this year. PLD Space made the announcement on 7 […] The post PLD Space Secures €30 Million European Investment Bank Loan appeared first on European Spaceflight.
Starfish Space raises more than $100 millionWASHINGTON — Starfish Space has raised more than $100 million to scale up production of its satellite servicing spacecraft. Seattle-based Starfish announced April 7 it closed a Series B round led by Point72 Ventures, raising more than $100 million. Activate Capital and Shield Capital co-led the round, with major participation from Industrious Ventures and NightDragon. […] The post Starfish Space raises more than $100 million appeared first on SpaceNews.
Pentagon awards Raytheon $45 million for GPS ground system as program future is reassessedThe ‘unpriced change order’ supports satellite launches while officials reassess long-delayed ground system The post Pentagon awards Raytheon $45 million for GPS ground system as program future is reassessed appeared first on SpaceNews.
Spain Approves €325 Million ESCA+ Expansion of Atlantic ConstellationSpain’s Council of Ministers has approved the allocation of €325 million for the development of three Earth observation satellites that will expand the 16-satellite Atlantic Constellation. The Constelación Atlántica (Atlantic Constellation) is a joint initiative between Spain and Portugal to develop an Earth observation constellation for environmental monitoring, coastal surveillance, and disaster management. The two […] The post Spain Approves €325 Million ESCA+ Expansion of Atlantic Constellation appeared first on European Spaceflight.
Sweden’s 2026 Spring Budget to Include €36.5 Million More for SpaceThe Swedish government has proposed adding SEK 400 million (approximately €36.5 Million) to its Spring budget to support the development of sovereign launch capability at Esrange, with a focus on enabling military space operations. The funding will also support improvements to the country’s space licensing system. During a press conference on 31 March, Sweden’s Minister […] The post Sweden’s 2026 Spring Budget to Include €36.5 Million More for Space appeared first on European Spaceflight.
Starcloud achieves unicorn status with $170 million raise for orbital data centersStarcloud has raised $170 million to accelerate development of its next-generation spacecraft, reaching a $1.1 billion valuation as it awaits permission to deploy an 88,000-strong orbital data center network. The post Starcloud achieves unicorn status with $170 million raise for orbital data centers appeared first on SpaceNews.
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India’s Bellatrix raises $20 million following overseas expansion driveIndia-based Bellatrix Aerospace announced March 27 it has raised $20 million to ramp up production of its satellite propulsion systems after securing its first large commercial customer outside the country. The post India’s Bellatrix raises $20 million following overseas expansion drive appeared first on SpaceNews.
Xona raises $170 million for satellite navigation networkThe company is scaling up production as it looks to build a 258-satellite network to provide positioning, navigation and timing services The post Xona raises $170 million for satellite navigation network appeared first on SpaceNews.
Sift raises $42 million in Series B roundWASHINGTON – Sift, a Southern California startup developing tools to help engineers make sense of hardware sensor data, raised $42 million in a Series B investment round. With the funding, Sift plans to expand its staff of engineers building the infrastructure layer that underpins devices controlled by artificial intelligence algorithms. “Modern rockets, satellites, defense […] The post Sift raises $42 million in Series B round appeared first on SpaceNews.
Airbase raises $5 million to tackle spectrum bottleneck as FCC eyes new space usesNew York-based software startup Airbase emerged from stealth March 25 after raising $5 million to modernize how governments coordinate radio frequencies used by satellites, 5G networks and other wireless systems. The post Airbase raises $5 million to tackle spectrum bottleneck as FCC eyes new space uses appeared first on SpaceNews.
Pave Space raises $40 million to develop European heavy kickstageSwiss startup Pave Space has raised $40 million to develop an orbital transfer vehicle that could move satellites from LEO to their final destinations in hours instead of months. The post Pave Space raises $40 million to develop European heavy kickstage appeared first on SpaceNews.
Switzerland’s PAVE Space Closes $40 Million Seed Funding RoundSwiss space mobility startup PAVE Space secured $40 million in seed funding as it prepares for the launch of an initial demonstration mission later this year. Founded in 2024 as a spin-off from the student-led Gruyère Space Programme, which developed a small reusable rocket demonstrator that completed over 50 flights, PAVE Space aims to develop […] The post Switzerland’s PAVE Space Closes $40 Million Seed Funding Round appeared first on European Spaceflight.
China’s Astronstone raises $29 million for reusable rocket with chopstick-style recoveryAstronstone, one of China’s younger launch startups, has secured new funding as it builds toward the first flight of its reusable AS-1 rocket. The post China’s Astronstone raises $29 million for reusable rocket with chopstick-style recovery appeared first on SpaceNews.
Officina Stellare wins $2 million contract for lasercom ground station in SpainMILAN – Officina Stellare, an Italian manufacturer of advanced opto-mechanical systems, has signed a 1.84 million euro ($2.0 million) contract with the Barcelona-based Institute of Photonic Sciences (ICFO), the company announced March 17. The contract covers the design and construction of an optical ground station for future laser and quantum-encrypted space-to-Earth communications. The infrastructure will […] The post Officina Stellare wins $2 million contract for lasercom ground station in Spain appeared first on SpaceNews.
OHB Sweden wins €248 million contract to build EPS-Sterna constellationOHB Sweden has won a record contract for Sweden’s space sector to build 20 satellites to boost Europe’s weather forecasting and climate monitoring capabilities. The post OHB Sweden wins €248 million contract to build EPS-Sterna constellation appeared first on SpaceNews.
Kratos wins $446 million Space Force contract for missile-tracking ground systemsThe agreement is for ground management and integration for the Resilient Missile Warning and Tracking satellite program The post Kratos wins $446 million Space Force contract for missile-tracking ground systems appeared first on SpaceNews.



















