The Edge
How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise $37 million
A Skylo base station in assembly. Skylo Technologies Silicon Valley space startup Skylo Technologies landed funding from the corporate venture arms of Intel, BMW and Samsung, as the company aims to bridge the gap between satellite and terrestrial communications. Skylo raised $37 million through an equity round, the company told CNBC, that was led by Intel […]
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K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. Nearly two years since founding, K2 co-founders and […]
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Hawaiian Airways debuts totally free inflight Wi-Fi from SpaceX's Starlink
A Hawaiian Airlines A321 plane with Starlink WiFi installed. Hawaiian Airlines Hawaiian Airways is rolling out complimentary Wi-Fi by way of SpaceX’s Starlink on board professional flights this 7 days, the firms advised CNBC, the initial important U.S. airline to supply the satellite-dependent services. “SpaceX has definitely cracked the code – practically, in phrases of […]
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Starlab, meet Starship: Private space station buys SpaceX launch for later this decade
An artist’s rendering of the Starlab space station in low Earth orbit. Voyager Space / Starlab Space LLC A contract written in the stars. Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies developing both spacecraft announced on Wednesday. Starlab — being built by Voyager Space […]
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A handful of space companies are running out of cash and time. Here are three at risk
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight The space sector’s on the tail end of a boom-and-bust cycle. While many companies battened down the hatches to survive, a few publicly-traded names are running on fumes. A flurry of about a dozen […]
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Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space
Lockheed Martin’s Tranche 0 Transport Layer satellites are seen in one of the company’s processing facilities. Lockheed Martin The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system. The U.S. Space Force’s Space Development Agency is having the […]
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Space investment rebounded in 2023 with heavy sector M&A, report says
A long exposure photo shows the company’s fourth Alpha rocket mission launching from California’s Vandenberg Space Force Base on Dec. 22, 2023. Sean Parker / Firefly Aerospace Investment in the space sector bounced back last year, rebounding closer to the record high of 2021, according to a report Tuesday by New York-based Space Capital. “Investment […]
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Space company Momentus, once valued at more than $1 billion, is running dangerously low on money
An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion before going public via a special […]
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SpaceX and T-Mobile send first texts via Starlink satellites
SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event in Boca Chica Beach, Texas, on Aug. 25, 2022. Michael Gonzalez | Getty Images SpaceX successfully sent text messages via Starlink satellites using T-Mobile’s network, it announced Wednesday, as Elon Musk’s company aims to bring its direct-to-device […]
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NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship […]
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