Fundraising Archives - SpaceNews https://spacenews.com/tag/fundraising/ Covering the business and politics of space Tue, 21 Oct 2025 02:44:33 +0000 en-US hourly 1 https://spacenews.com/wp-content/uploads/2024/05/cropped-SN_forza_star-32x32.png Fundraising Archives - SpaceNews https://spacenews.com/tag/fundraising/ 32 32 80681979 Belgian startup Nxgsat raises early funds for virtual 5G satellite modem https://spacenews.com/belgian-startup-nxgsat-raises-early-funds-for-virtual-5g-satellite-modem/ https://spacenews.com/belgian-startup-nxgsat-raises-early-funds-for-virtual-5g-satellite-modem/#respond Tue, 21 Oct 2025 06:00:00 +0000 https://spacenews.com/?p=556975

A Belgian startup led by satellite networking veterans announced $1.4 million in seed funding Oct. 21 to develop a virtual 5G modem, designed for multi-orbit compatibility across traditionally closed communications infrastructure.

The post Belgian startup Nxgsat raises early funds for virtual 5G satellite modem appeared first on SpaceNews.

]]>
https://spacenews.com/belgian-startup-nxgsat-raises-early-funds-for-virtual-5g-satellite-modem/feed/ 0 556975
Space infrastructure investments surge to five-quarter high https://spacenews.com/space-infrastructure-investments-surge-to-five-quarter-high/ https://spacenews.com/space-infrastructure-investments-surge-to-five-quarter-high/#respond Wed, 08 Oct 2025 11:00:00 +0000 https://spacenews.com/?p=555559

Early-stage investor Space Capital said global investments in core space infrastructure climbed to a five-quarter high of $4.4 billion over the three months to the end of September, amid a breakout year for U.S. satellite manufacturing.

The post Space infrastructure investments surge to five-quarter high appeared first on SpaceNews.

]]>
https://spacenews.com/space-infrastructure-investments-surge-to-five-quarter-high/feed/ 0 555559
Maldives plots $50 million fund for sovereign space capabilities https://spacenews.com/maldives-plots-50-million-fund-for-sovereign-space-capabilities/ https://spacenews.com/maldives-plots-50-million-fund-for-sovereign-space-capabilities/#respond Wed, 01 Oct 2025 11:00:00 +0000 https://spacenews.com/?p=554604

The Maldives is looking to raise $50 million for a space agency fund that aims to be the first of its kind for an island nation, targeting sovereign infrastructure and support for other developing states facing climate and security challenges.

The post Maldives plots $50 million fund for sovereign space capabilities appeared first on SpaceNews.

]]>
https://spacenews.com/maldives-plots-50-million-fund-for-sovereign-space-capabilities/feed/ 0 554604
ESA backs Skynopy to bring adaptive modulation to Earth observation satellites https://spacenews.com/esa-backs-skynopy-to-bring-adaptive-modulation-to-earth-observation-satellites/ https://spacenews.com/esa-backs-skynopy-to-bring-adaptive-modulation-to-earth-observation-satellites/#respond Wed, 24 Sep 2025 11:30:00 +0000 https://spacenews.com/?p=553181

Skynopy, a French ground station startup, said Sept. 24 it has won a European Space Agency contract to help commercialize adaptive modulation technology that it claims can double satellite data download rates.

The post ESA backs Skynopy to bring adaptive modulation to Earth observation satellites appeared first on SpaceNews.

]]>
https://spacenews.com/esa-backs-skynopy-to-bring-adaptive-modulation-to-earth-observation-satellites/feed/ 0 553181
To lead in space, we must go all-in on our industrial base https://spacenews.com/to-lead-in-space-we-must-go-all-in-on-our-industrial-base/ https://spacenews.com/to-lead-in-space-we-must-go-all-in-on-our-industrial-base/#respond Mon, 15 Sep 2025 13:00:00 +0000 https://spacenews.com/?p=550906

The United States space enterprise is undergoing a sweeping transformation: commercial innovation is progressing at an incredible pace, with profound implications for national defense, economic competitiveness and industrial resilience. The […]

The post To lead in space, we must go all-in on our industrial base appeared first on SpaceNews.

]]>
https://spacenews.com/to-lead-in-space-we-must-go-all-in-on-our-industrial-base/feed/ 0 550906
The business case for resting among the stars https://spacenews.com/the-business-case-for-resting-among-the-stars/ https://spacenews.com/the-business-case-for-resting-among-the-stars/#respond Tue, 09 Sep 2025 15:00:00 +0000 https://spacenews.com/?p=549282 Illustration of a small cylindrical spacecraft heading to the moon.

Memorial spaceflights have grown from novelty to a modest and steady business, one that’s carried thousands of loved ones to orbit over the past three decades. Now, a startup founded by a former Blue Origin engineer aims to harness the space industry’s latest advances to take the market mainstream.

The post The business case for resting among the stars appeared first on SpaceNews.

]]>
https://spacenews.com/the-business-case-for-resting-among-the-stars/feed/ 0 549282
Satellite software firm wins funds in San José’s inaugural AI startup incentive program https://spacenews.com/satellite-software-firm-wins-funds-in-san-joses-inaugural-ai-startup-incentive-program/ https://spacenews.com/satellite-software-firm-wins-funds-in-san-joses-inaugural-ai-startup-incentive-program/#respond Wed, 27 Aug 2025 17:54:58 +0000 https://spacenews.com/?p=547525

A startup developing software to turn satellites into virtual data centers is among four companies to win funding from San José’s first city-run artificial intelligence incentive program.

The post Satellite software firm wins funds in San José’s inaugural AI startup incentive program appeared first on SpaceNews.

]]>
https://spacenews.com/satellite-software-firm-wins-funds-in-san-joses-inaugural-ai-startup-incentive-program/feed/ 0 547525
SpaceX challenges Virginia’s rural broadband funding awards https://spacenews.com/spacex-challenges-virginias-rural-broadband-funding-awards/ https://spacenews.com/spacex-challenges-virginias-rural-broadband-funding-awards/#respond Thu, 14 Aug 2025 22:17:27 +0000 https://spacenews.com/?p=544114

SpaceX has accused Virginia of shutting Starlink out of most of the state’s $613 million in subsidies under a federal broadband program, despite offering to connect virtually all targeted households for about one-tenth the cost.

The post SpaceX challenges Virginia’s rural broadband funding awards appeared first on SpaceNews.

]]>
https://spacenews.com/spacex-challenges-virginias-rural-broadband-funding-awards/feed/ 0 544114
Fully funded key-market coverage plan lifts AST SpaceMobile https://spacenews.com/fully-funded-key-market-coverage-plan-lifts-ast-spacemobile/ https://spacenews.com/fully-funded-key-market-coverage-plan-lifts-ast-spacemobile/#respond Tue, 12 Aug 2025 22:38:48 +0000 https://spacenews.com/?p=542654 Illustration of an AST SpaceMobile BlueBird cell service satellite. Credit: AST SpaceMobile

AST SpaceMobile shares rose more than 8% after the direct-to-smartphone operator said it has secured all the funding needed to deploy 45–60 satellites, enough to provide continuous coverage in the United States and other key markets.

The post Fully funded key-market coverage plan lifts AST SpaceMobile appeared first on SpaceNews.

]]>
https://spacenews.com/fully-funded-key-market-coverage-plan-lifts-ast-spacemobile/feed/ 0 542654
Pale Blue teams up with Mitsubishi Electric to advance water propulsion https://spacenews.com/pale-blue-teams-up-with-mitsubishi-electric-to-advance-water-propulsion/ https://spacenews.com/pale-blue-teams-up-with-mitsubishi-electric-to-advance-water-propulsion/#respond Tue, 12 Aug 2025 19:59:16 +0000 https://spacenews.com/?p=542558

Japanese water propulsion startup Pale Blue is exploring jointly developing systems with Mitsubishi Electric, after the satellite maker joined the University of Tokyo spin-off’s $10 million Series C funding round.

The post Pale Blue teams up with Mitsubishi Electric to advance water propulsion appeared first on SpaceNews.

]]>
https://spacenews.com/pale-blue-teams-up-with-mitsubishi-electric-to-advance-water-propulsion/feed/ 0 542558
Edgx raises seed funding to bring AI-powered computing to smallsats https://spacenews.com/edgx-raises-seed-funding-to-bring-ai-powered-computing-to-smallsats/ https://spacenews.com/edgx-raises-seed-funding-to-bring-ai-powered-computing-to-smallsats/#respond Mon, 11 Aug 2025 20:04:37 +0000 https://spacenews.com/?p=542008

Belgian startup Edgx has raised seed funding to develop Sterna, an artificial intelligence computer designed to run complex algorithms onboard satellites to speed decisions and use limited bandwidth more efficiently.

The post Edgx raises seed funding to bring AI-powered computing to smallsats appeared first on SpaceNews.

]]>
https://spacenews.com/edgx-raises-seed-funding-to-bring-ai-powered-computing-to-smallsats/feed/ 0 542008
Booz Allen Ventures hungry for more space investments https://spacenews.com/booz-allen-ventures-hungry-for-more-space-investments/ https://spacenews.com/booz-allen-ventures-hungry-for-more-space-investments/#respond Mon, 11 Aug 2025 15:13:43 +0000 https://spacenews.com/?p=541848

Booz Allen Hamilton’s venture capital arm is seeking to ramp up space investments after tripling its funding pool to $300 million.

The post Booz Allen Ventures hungry for more space investments appeared first on SpaceNews.

]]>
https://spacenews.com/booz-allen-ventures-hungry-for-more-space-investments/feed/ 0 541848
EarthDaily nets $60 million loan to ramp up constellation expansion https://spacenews.com/earthdaily-nets-60-million-loan-to-ramp-up-constellation-expansion/ https://spacenews.com/earthdaily-nets-60-million-loan-to-ramp-up-constellation-expansion/#respond Thu, 31 Jul 2025 22:31:51 +0000 https://spacenews.com/?p=538276

Canada’s EarthDaily Analytics has secured a $60 million loan to kickstart delayed plans to expand its imaging constellation from one to 10 satellites.

The post EarthDaily nets $60 million loan to ramp up constellation expansion appeared first on SpaceNews.

]]>
https://spacenews.com/earthdaily-nets-60-million-loan-to-ramp-up-constellation-expansion/feed/ 0 538276
UK joins Eutelsat capital boost to maintain strategic LEO stake https://spacenews.com/uk-joins-eutelsat-capital-boost-to-maintain-strategic-leo-stake/ https://spacenews.com/uk-joins-eutelsat-capital-boost-to-maintain-strategic-leo-stake/#respond Thu, 10 Jul 2025 13:53:14 +0000 https://spacenews.com/?p=528539 Illustration of a Eutelsat OneWeb LEO satellite. Credit: Eutelsat OneWeb

The U.K. plans to inject $191 million into Eutelsat’s capital raise this year to maintain its 10.89% stake in the French multi-orbit satellite operator.

The post UK joins Eutelsat capital boost to maintain strategic LEO stake appeared first on SpaceNews.

]]>
https://spacenews.com/uk-joins-eutelsat-capital-boost-to-maintain-strategic-leo-stake/feed/ 0 528539
Investors double down on space infrastructure as exits return https://spacenews.com/investors-double-down-on-space-infrastructure-as-exits-return/ https://spacenews.com/investors-double-down-on-space-infrastructure-as-exits-return/#respond Thu, 10 Jul 2025 12:00:38 +0000 https://spacenews.com/?p=528424

Economic headwinds did not stop investments in core space companies from reaching their highest level in more than a year at $3.2 billion for the second quarter of 2025, according to early-stage investor Space Capital.

The post Investors double down on space infrastructure as exits return appeared first on SpaceNews.

]]>
https://spacenews.com/investors-double-down-on-space-infrastructure-as-exits-return/feed/ 0 528424
Lux Aeterna emerges from stealth with funds for fully reusable satellite platform https://spacenews.com/lux-aeterna-emerges-from-stealth-with-funds-for-fully-reusable-satellite-platform/ https://spacenews.com/lux-aeterna-emerges-from-stealth-with-funds-for-fully-reusable-satellite-platform/#respond Wed, 25 Jun 2025 13:00:00 +0000 https://spacenews.com/?p=519712

Lux Aeterna has emerged from stealth with $4 million in pre-seed funding to develop a fully reusable satellite slated to launch in 2027, equipped with a heat shield and parachute for safe atmospheric reentry and landing.

The post Lux Aeterna emerges from stealth with funds for fully reusable satellite platform appeared first on SpaceNews.

]]>
https://spacenews.com/lux-aeterna-emerges-from-stealth-with-funds-for-fully-reusable-satellite-platform/feed/ 0 519712
French government to lead Eutelsat’s $1.56 billion capital boost https://spacenews.com/french-government-to-lead-eutelsats-1-56-billion-capital-boost/ https://spacenews.com/french-government-to-lead-eutelsats-1-56-billion-capital-boost/#respond Thu, 19 Jun 2025 21:27:30 +0000 https://spacenews.com/?p=519567

France would more than double its stake in Eutelsat to nearly 30% as part of a $1.56 billion capital raise backed by multiple shareholders, bolstering the French operator’s plans to refresh its OneWeb constellation amid Starlink’s growing dominance.

The post French government to lead Eutelsat’s $1.56 billion capital boost appeared first on SpaceNews.

]]>
https://spacenews.com/french-government-to-lead-eutelsats-1-56-billion-capital-boost/feed/ 0 519567
French SSA company Look Up raises 50 million euros https://spacenews.com/french-ssa-company-look-up-raises-50-million-euros/ https://spacenews.com/french-ssa-company-look-up-raises-50-million-euros/#respond Fri, 13 Jun 2025 07:25:26 +0000 https://spacenews.com/?p=519260 Look Up founders

Look Up, a French space situational awareness company, has raised nearly 50 million euros ($57.6 million) to continue development of a radar network to track space objects.

The post French SSA company Look Up raises 50 million euros appeared first on SpaceNews.

]]>
https://spacenews.com/french-ssa-company-look-up-raises-50-million-euros/feed/ 0 519260
Muon Space raises $90 million to scale satellite production and acquire propulsion startup https://spacenews.com/muon-space-raises-90-million-to-scale-satellite-production-and-acquire-propulsion-startup/ https://spacenews.com/muon-space-raises-90-million-to-scale-satellite-production-and-acquire-propulsion-startup/#respond Thu, 12 Jun 2025 11:06:37 +0000 https://spacenews.com/?p=519193

Four-year-old small satellite maker Muon Space announced $89.5 million in new funding June 12 to scale production and acquire propulsion startup Starlight Engines, bringing a potential supply chain bottleneck in-house.

The post Muon Space raises $90 million to scale satellite production and acquire propulsion startup appeared first on SpaceNews.

]]>
https://spacenews.com/muon-space-raises-90-million-to-scale-satellite-production-and-acquire-propulsion-startup/feed/ 0 519193
Quantum Space raises $40 million https://spacenews.com/quantum-space-raises-40-million/ https://spacenews.com/quantum-space-raises-40-million/#respond Tue, 10 Jun 2025 11:35:04 +0000 https://spacenews.com/?p=519004 Ranger

Quantum Space has raised $40 million to advance development of its Ranger spacecraft with a new focus on national security applications.

The post Quantum Space raises $40 million appeared first on SpaceNews.

]]>
https://spacenews.com/quantum-space-raises-40-million/feed/ 0 519004
Impulse Space raises $300 million for expansion and new technology development https://spacenews.com/impulse-space-raises-300-million-for-expansion-and-new-technology-development/ https://spacenews.com/impulse-space-raises-300-million-for-expansion-and-new-technology-development/#respond Tue, 03 Jun 2025 22:24:18 +0000 https://spacenews.com/?p=518741 Mira

Impulse Space has raised $300 million in a “preemptive” funding round to enable the in-space transportation company to expand and develop electric propulsion technologies.

The post Impulse Space raises $300 million for expansion and new technology development appeared first on SpaceNews.

]]>
https://spacenews.com/impulse-space-raises-300-million-for-expansion-and-new-technology-development/feed/ 0 518741
China’s Astronstone raises early funding for stainless steel rocket with “chopstick” recovery https://spacenews.com/chinas-astronstone-raises-early-funding-for-stainless-steel-rocket-with-chopstick-recovery/ https://spacenews.com/chinas-astronstone-raises-early-funding-for-stainless-steel-rocket-with-chopstick-recovery/#respond Fri, 30 May 2025 10:00:29 +0000 https://spacenews.com/?p=518490 Astronstone's stainless steel rocket stage and AS-1 scale model inside a production facility in China, featuring prominent weld lines and branding; a large banner on the wall displays Chinese characters.

Astronstone, one of China’s newest commercial launch startups, has raised early-stage funding for a stainless steel, reusable launch vehicle modeled on SpaceX’s Starship system.

The post China’s Astronstone raises early funding for stainless steel rocket with “chopstick” recovery appeared first on SpaceNews.

]]>
https://spacenews.com/chinas-astronstone-raises-early-funding-for-stainless-steel-rocket-with-chopstick-recovery/feed/ 0 518490
Northrop invests $50 million into Firefly for launch vehicle development https://spacenews.com/northrop-invests-50-million-into-firefly-for-launch-vehicle-development/ https://spacenews.com/northrop-invests-50-million-into-firefly-for-launch-vehicle-development/#respond Thu, 29 May 2025 18:50:51 +0000 https://spacenews.com/?p=518468 Eclipse

Northrop Grumman is investing $50 million into Firefly Aerospace to further development of a medium-lift launch vehicle with a new name.

The post Northrop invests $50 million into Firefly for launch vehicle development appeared first on SpaceNews.

]]>
https://spacenews.com/northrop-invests-50-million-into-firefly-for-launch-vehicle-development/feed/ 0 518468
EnduroSat raises $49 million to mass produce larger satellites https://spacenews.com/endurosat-raises-49-million-to-mass-produce-larger-satellites/ https://spacenews.com/endurosat-raises-49-million-to-mass-produce-larger-satellites/#respond Tue, 27 May 2025 13:23:47 +0000 https://spacenews.com/?p=518259

Bulgaria-based microsatellite specialist EnduroSat announced $49 million in funding May 27 to ramp up production of a larger and more capable class of satellites.

The post EnduroSat raises $49 million to mass produce larger satellites appeared first on SpaceNews.

]]>
https://spacenews.com/endurosat-raises-49-million-to-mass-produce-larger-satellites/feed/ 0 518259