Main Topics
Comms
York Space announced the purchase of ALL.SPACE for ~$355M in a scope style acquisition to expand York Space’s ground and mobile terminal technology capabilities while making ALL.SPACE a subsidiary that will continue operations. [source]
Celestial Acquisition Co acquired Nokia’s Modul8 space cellular division after Nokia broke the Modul8 team out to a separate business entity earlier this year in an undisclosed acquisition price that involved $40M in debt financing from Scotia Bank. [source]
The USSF awarded $11.2M to BAE to demo Golden Dome satellite comms with radios for Link-182 capability deployment, providing resilient communication solutions for the proliferated satellite architecture. [source]
Viasat F3 satellite successfully launched, deployed solar arrays, and commissioned earlier this week and is now set to begin its ascent to final Geostationary orbit to deliver 1Tbps of throughput to the APAC region. [source]
Imaging
DARPA announced they’ve selected Quantum Space and Revolution Space as well as Benchmark for execution of the LASSO program. [source]
The Government of Canada terminated Spire Global Canada’s $72 million WildFireSat contract for convenience, indicating a mismatch in needs rather than an inability to execute on the contract. [source]
Planet and Carbon Mapper announced a partnership to use Tanager for methane tracking starting with the hyperspectral camera’s first flight in 2028. [source]
Defense
True Anomaly raised a $650M Series D round of funding bringing total capital raised for True Anomaly to over $1B at a valuation of over $2.2B. [source]
The USSF issued $3M contracts to Assurance Technology, Raptor Dynamix, and Innovative Signal Analysis to develop radar counter-surveillance for GEO satellites. [source]
Spaceflux raised £9M led by Blackfinch Ventures to develop and commercialize their ground optics product offerings for space situational awareness. [source]
Business Moves
Seraphim Space announced their intent to raise $454M after demonstrating 411% returns over the last 3 years with the goal of helping the 85% of their portfolio that are EBITDA positive to achieve exit, grow their accelerator infrastructure, and enter growth-stage deals. [source]
Chinese reusable rocket launch company Cosmoleap raised $73M led by Qianhai Ark and Puhua Capital to deliver on their debut launch in 2027. [source]
SpaceX’s CAS500-2 launched 45 satellites including 6 Earth Daily/Loft satellites, a plethora of satellites from HEO and Planet Labs, and True Anomaly’s Jackal. [source]
Roscosmos debuted the Soyuz-5 launch vehicle which is a refurbishment of the existing Zenit launch vehicle. [source]
Tech Advances
Meta signed a 1GW supply contract with Overview Energy to provide power gathered in space to a terrestrial data center. [source]
DPhi’s Clustergate-2 successfully ran LiquidAI’s LLM on orbit after successfully launching and deploying on Vigoride 7 earlier last month. [source]
BioOrbit closed a $13.2M seed round marking the largest seed round in history for orbital pharmaceuticals. [source]
Extreme Environment Shielding Materials Research Center of the Korea Institute of Science and Technology published research about radiation shielding material boasting massive shielding efficiency at a groundbreaking mass and volume profile. [source]
