Startup Skylo raises $37 million from Intel, BMW, Samsung

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, led by Intel Capital and … Read more

Startup K2 Space raises $50 million to build monster satellites

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 … Read more

Elon Musk must testify in SEC probe of his Twitter takeover

An effigy of Elon Musk is seen on a mobile device with the X and Twitter logos in the background in this photo illustration on 23 July, 2023 in Warsaw, Poland.  Jonathan Raa | Nurphoto | Getty Images Tesla and SpaceX CEO Elon Musk has to testify in a probe by the U.S. Securities and … Read more

Hawaiian Airlines debuts SpaceX Starlink free inflight Wi-Fi

A Hawaiian Airlines A321 aircraft with Starlink WiFi installed. Hawaiian Airlines Hawaiian Airlines is rolling out complimentary Wi-Fi via SpaceX’s Starlink on board commercial flights this week, the companies told CNBC, the first major U.S. airline to offer the satellite-based service. “SpaceX has really cracked the code – literally, in terms of the technology – … Read more

Voyager’s Starlab space station buys SpaceX Starship launch

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 … Read more

Three space companies at risk of running out of cash

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 … Read more

Why there is a new global race to the moon

Japan recently became the fifth nation to successfully complete a soft landing on the moon’s surface, joining a select few countries — the U.S., Russia, China and India — in accomplishing this feat. But moon landings are likely to become more common over the next few years. Globally, more than 100 lunar missions, both by … Read more

Japan JAXA SLIM lunar lander successfully touches down on moon

An artist’s rendition of the SLIM lunar lander on the moon’s surface. Japan Aerospace Exploration Agency Japan staked a claim as a national space power on Friday, as its SLIM spacecraft landed on the moon. The country’s SLIM lander launched in September and touched down on the lunar surface around 10:20 a.m. ET, according to … Read more

Pentagon awards satellite contracts to L3Harris, Lockheed, 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 … Read more

2023 rebound and heavy M&A

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 … Read more