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NewOrbit Secures $18.5M to Develop VLEO Spacecraft, Aiming for High-Cadence Satellite Production

NewOrbit Secures $18.5M to Develop VLEO Spacecraft, Aiming for High-Cadence Satellite Production

NewOrbit Secures $18.5M to Develop VLEO Spacecraft, Aiming for High-Cadence Satellite Production
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UK Startup NewOrbit Secures $18.5 Million for VLEO Satellite Development

UK Startup NewOrbit Secures $18.5 Million for VLEO Satellite Development

UK Startup NewOrbit Secures $18.5 Million for VLEO Satellite Development
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UK Startup NewOrbit Secures $18.5 Million to Advance VLEO Satellite Technology

UK Startup NewOrbit Secures $18.5 Million to Advance VLEO Satellite Technology

NewOrbit Space, a UK-based startup, has successfully raised $18.5 million in a Series A funding round to develop satellites for very low Earth orbit (VLEO). The funding will enable NewOrbit to conduct its first mission, attract customers interested in VLEO, and establish a facility for producing cost-effective satellites. The company plans to offer commercial services starting with its first flight in 2028, operating at altitudes between 250 to 300 kilometers. This strategic move aims to provide high-quality satellite imagery at significantly reduced costs and faster data speeds, potentially revolutionizing the space economy with applications like 5G connectivity and live HD video from space.
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NASA Demonstrates Spacecraft Communication Across Multiple Satellite Networks

NASA Demonstrates Spacecraft Communication Across Multiple Satellite Networks

NASA has successfully completed the primary phase of an experimental mission to enable spacecraft to communicate across multiple satellite networks. The Polylingual Experimental Terminal (PExT) technology was tested aboard York Space Systems' BARD spacecraft, demonstrating the ability to transmit data through both government and commercial networks. This achievement marks a significant step towards more flexible and resilient space communications.
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Juno Propulsion Secures $1.4M Pre-Seed Funding for Innovative RDE Mission

Juno Propulsion Secures $1.4M Pre-Seed Funding for Innovative RDE Mission

Juno Propulsion Secures $1.4M Pre-Seed Funding for Innovative RDE Mission
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Apex, Axiom, and Impulse Space Secure Major Venture Funding for Space Initiatives

Apex, Axiom, and Impulse Space Secure Major Venture Funding for Space Initiatives

Apex, Axiom, and Impulse Space Secure Major Venture Funding for Space Initiatives
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Apex, Axiom, and Impulse Space Secure Major Funding to Expand Space Operations

Apex, Axiom, and Impulse Space Secure Major Funding to Expand Space Operations

Apex, Axiom, and Impulse Space Secure Major Funding to Expand Space Operations
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Apex Space Secures $200M Funding to Expand Satellite Manufacturing Capabilities

Apex Space Secures $200M Funding to Expand Satellite Manufacturing Capabilities

Apex Space Secures $200M Funding to Expand Satellite Manufacturing Capabilities
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The Exploration Company Conducts Successful Drop Test of Nyx Capsule for Future Space Missions

The Exploration Company Conducts Successful Drop Test of Nyx Capsule for Future Space Missions

The Exploration Company Conducts Successful Drop Test of Nyx Capsule for Future Space Missions
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Space startup Apex doubles valuation to $2.3 billion in new funding

Space startup Apex doubles valuation to $2.3 billion in new funding

June 5 (Reuters) - Space startup Apex has more than doubled its valuation to $2.3 billion in under a year after raising over $200 million in a new funding round, the firm said on Friday, underscoring growing investor interest in the sector.
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Musk's SpaceX IPO jolts life back into European retail investing

Musk's SpaceX IPO jolts life back into European retail investing

By Lucy Raitano, Iain Withers and Elizabeth Howcroft LONDON, June 6 (Reuters) - European retail investors are among those jockeying for a piece of the hotly anticipated SpaceX initial public offering, but some observers warn the deal could prove a bumpy ride for those without the resources that
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Apex Secures $200M Funding Round, Valued at $2.3B

Apex Secures $200M Funding Round, Valued at $2.3B

Apex Secures $200M Funding Round, Valued at $2.3B