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ATLAS Space Operations raises $15m growth investment

Alun Williams — Tue, 10 Sep 2024 05:06:59 +0000

ATLAS Space Operations has raised $15 million in an investment round led by NewSpace Capital, a space-focused private equity firm. Existing investors – including Michigan Capital Network, Beringea, Wakestream Ventures ...

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AstroForge raises Series A for asteroid mining

Alun Williams — Fri, 30 Aug 2024 05:06:01 +0000

AstroForge, the asteroid mining startup, has raised $40 million in Series A funding to “unlock a cost-effective and sustainable mining solution”. The company’s aim is to establish an untapped supply ...

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Synopsys posts 13% revenue increase for Q3

Caroline Hayes — Thu, 22 Aug 2024 11:05:25 +0000

EDA tool and semiconductor IP company, Synopsys, has announced revenue of $1.526bn for Q3 2024, up approximately 13% from Q3 2023. The company also announced it is expecting record full-year ...

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Astroscale secures funding for Final Phase of ELSA-M In-Orbit demo

Alun Williams — Mon, 05 Aug 2024 05:06:02 +0000

Astroscale, a specialist in space debris removal, has secured finding to complete the Final Phase of ELSA-M. This is an in-orbit demonstration of space debris removal. Specifically, Astroscale UK – ...

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UK AI chip company exits stealth mode, raises $15m seed funding

David Manners — Fri, 26 Jul 2024 08:20:37 +0000

Fractile, a UK company building an AI chip, has exited stealth and announced $15m (£12m) in seed funding. The round was co-led by Kindred Capital, NATO Innovation Fund, and Oxford ...

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Sift raises $17.5m Series A for hardware sensor data platform

Alun Williams — Thu, 11 Jul 2024 05:06:29 +0000

Sift, a startup providing an “observability platform” for hardware sensor data, has raised $17.5 million in Series A funding. The round was led by Google Ventures and brings Sift’s total ...

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NATO Innovation Fund backs Isar Aerospace in extended Series C

Alun Williams — Thu, 04 Jul 2024 05:06:16 +0000

The Munich-based satellite launch service company Isar Aerospace has extended its Series C funding round by €65m – it now totals €220m ($230m) – with backing from the NATO Innovation ...

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Synspective raises $43.5m Series C for SAR satellite constellation

Alun Williams — Fri, 28 Jun 2024 09:20:03 +0000

Synspective, the Tokyo based SAR (synthetic aperture radar) satellite data specialist, has raised ¥7 billion ($43.5 million) in a Series C funding round. The company says it will use the ...

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AFWERX funds LeoLabs radar tech for security in space

Alun Williams — Fri, 28 Jun 2024 05:06:08 +0000

LeoLabs has been has been selected by AFWERX to develop next-generation radar technology to counter security threats in space. The SBIR (Small Business Innovation Research) Phase II contract is worth ...

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ISS National Lab funding in-orbit hardware prototyping

Alun Williams — Thu, 27 Jun 2024 05:06:18 +0000

The International Space Station (ISS) National Lab announces new funding opportunities to use its orbiting laboratory to develop, or test products and processes. The organisation is offering $750,000 for projects ...

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