Fundraising Archives - SpaceNews https://spacenews.com/tag/fundraising/ Covering the business and politics of space Fri, 11 Jul 2025 14:21:41 +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 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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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PiLogic raises $4 million for bespoke satellite AI models https://spacenews.com/pilogic-raises-4-million-for-bespoke-satellite-ai-models/ https://spacenews.com/pilogic-raises-4-million-for-bespoke-satellite-ai-models/#respond Thu, 22 May 2025 10:00:00 +0000 https://spacenews.com/?p=518018

Californian software startup PiLogic announced $4 million in seed funding May 22 to develop satellite diagnostics and other artificial intelligence tools tailored for space applications.

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Sophia Space raises $3.5 million for orbiting data centers https://spacenews.com/sophia-space-raises-3-4-million-for-orbiting-data-centers/ https://spacenews.com/sophia-space-raises-3-4-million-for-orbiting-data-centers/#respond Mon, 19 May 2025 13:00:00 +0000 https://spacenews.com/?p=517464

ST. LOUIS – Sophia Space raised $3.5 million in pre-seed funding to develop orbiting compute and data centers with key geospatial intelligence applications. The Southern California startup’s modular data centers […]

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Solestial banks $17 million and welcomes new CEO https://spacenews.com/solestial-banks-17-million-and-welcomes-new-ceo/ https://spacenews.com/solestial-banks-17-million-and-welcomes-new-ceo/#respond Thu, 15 May 2025 12:49:00 +0000 https://spacenews.com/?p=517572

SAN FRANCISCO – Solar energy startup Solestial raised $17 million in Series A funding to expand manufacturing of silicon photovoltaics for space applications. The Tempe, Arizona startup also announced May […]

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Nuclear battery startup Zeno Power raises $50 million to expand in space and at sea https://spacenews.com/nuclear-battery-startup-zeno-power-raises-50-million-to-expand-in-space-and-at-sea/ https://spacenews.com/nuclear-battery-startup-zeno-power-raises-50-million-to-expand-in-space-and-at-sea/#respond Wed, 14 May 2025 17:59:47 +0000 https://spacenews.com/?p=517513

The funding round was led by Hanaco Ventures and other space and defense-focused investors

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European banks help OroraTech raise more funds for wildfire-monitoring constellation https://spacenews.com/european-banks-help-ororatech-raise-more-funds-for-wildfire-monitoring-constellation/ https://spacenews.com/european-banks-help-ororatech-raise-more-funds-for-wildfire-monitoring-constellation/#respond Wed, 14 May 2025 08:00:00 +0000 https://spacenews.com/?p=517471 OroraTech satellite

OroraTech has secured an extra $13 million in Series B venture funding to accelerate the expansion of its wildfire-monitoring constellation, the German satellite operator announced May 14.

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Lockheed Martin increases investment in solid rocket startup X-Bow Systems https://spacenews.com/lockheed-martin-increases-investment-in-solid-rocket-startup-x-bow-systems/ https://spacenews.com/lockheed-martin-increases-investment-in-solid-rocket-startup-x-bow-systems/#respond Mon, 12 May 2025 16:15:35 +0000 https://spacenews.com/?p=517325

The defense giant eyes new SRM supplier as demand surges for hypersonic and missile systems

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Silicon solar power specialist gets $21 million for mass production https://spacenews.com/silicon-solar-power-specialist-gets-21-million-for-mass-production/ https://spacenews.com/silicon-solar-power-specialist-gets-21-million-for-mass-production/#respond Thu, 08 May 2025 12:00:00 +0000 https://spacenews.com/?p=517154

New Mexico-based mPower Technology said May 8 it has raised about $21 million in a Series B funding round to mass-produce its silicon-based solar power modules.

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Defense-focused space startup True Anomaly raises $260 million https://spacenews.com/defense-focused-space-startup-true-anomaly-raises-260-million/ https://spacenews.com/defense-focused-space-startup-true-anomaly-raises-260-million/#respond Wed, 30 Apr 2025 14:03:41 +0000 https://spacenews.com/?p=516738

The Colorado-based company announced April 30 that it closed a Series C round that combines equity and debt financing.

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Apex raises $200 million to accelerate satellite production https://spacenews.com/apex-raises-200-million-to-accelerate-satellite-production/ https://spacenews.com/apex-raises-200-million-to-accelerate-satellite-production/#respond Tue, 29 Apr 2025 11:55:40 +0000 https://spacenews.com/?p=516681 Apex engineer

Apex has raised $200 million in a new funding round intended to help the company accelerate production of satellite buses.

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Okapi raises 13 million euros to expand space traffic management suite https://spacenews.com/okapi-raises-13-million-euros-to-expand-space-traffic-management-suite/ https://spacenews.com/okapi-raises-13-million-euros-to-expand-space-traffic-management-suite/#respond Thu, 24 Apr 2025 11:00:00 +0000 https://spacenews.com/?p=516502

SAN FRANCISCO – German space traffic management startup Okapi:Orbits raised 13 million euros ($14.75 million) in a seed funding round announced April 24. With the new investment, Okapi will expand […]

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Northwood raises $30 million to establish ground station network https://spacenews.com/northwood-raises-30-million-to-establish-ground-station-network/ https://spacenews.com/northwood-raises-30-million-to-establish-ground-station-network/#respond Tue, 22 Apr 2025 22:58:49 +0000 https://spacenews.com/?p=516477

SAN FRANCISCO — Northwood Space raised $30 million in a Series A round to establish a global network of phased array ground stations. Alpine Space Ventures and Andreessen Horowitz led […]

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Chinese orbital logistics startup InfinAstro raises angel round funding https://spacenews.com/chinese-orbital-logistics-startup-infinastro-raises-angel-round-funding/ https://spacenews.com/chinese-orbital-logistics-startup-infinastro-raises-angel-round-funding/#respond Mon, 21 Apr 2025 08:19:19 +0000 https://spacenews.com/?p=516413 A digital rendering of InfinAstro’s “Space Bus” orbital transfer vehicle in space, carrying multiple small satellites and approaching Earth orbit.

Chinese startup InfinAstro has secured early funding for its plan to fill a gap in China’s commercial on-orbit services.

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Aetherflux raises $50 million for space-based solar power https://spacenews.com/aetherflux-raises-50-million-for-space-based-solar-power/ https://spacenews.com/aetherflux-raises-50-million-for-space-based-solar-power/#respond Sun, 06 Apr 2025 15:56:28 +0000 https://spacenews.com/?p=515707 Aetherflux

A startup taking an alternative approach to space-based solar power has raised $50 million as it works towards a first demonstration mission next year.

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