Charts Defining the Space Industry in Q3
Astranis, a startup building small GEO broadband satellites for targeted service, led the way this quarter with its $200M monster Series D round, by far the largest US space raise so far in 2024.
Astranis, a startup building small GEO broadband satellites for targeted service, led the way this quarter with its $200M monster Series D round, by far the largest US space raise so far in 2024.
Last week, Air France was the latest major airline to announce it will be moving its in-flight Wi-Fi to the Starlink network, offering it for free to members of its frequent flier program.
Traditional Ground Station as a Service (GSaaS) providers will soon face competition from relay communications networks that promise faster transmitting, simplified licensing, and potentially lower cost.
When Planet Labs went public in 2021, the company touted a commercial Earth observation market on the verge of an inflection point.
It was a Willy Wonka-style event—a wealthy entrepreneur finally opening the doors to his secretive facility filled with innovative gadgets at a scale beyond imagination. However, instead of chocolate rivers, fizzy-lifting drinks, and Everlasting Gobstoppers, we were treated to fuel lines, heavy-lifting rockets, and boosters designed to last 25 launches.
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The seasoned prime outwits the SPAC investors.
Over the past two weeks, two federal watchdogs—the OIG and the GAO—released separate reports highlighting critical issues with two Artemis IV vehicles: Gateway and SLS Block 1B, the upgraded SLS variant.
In 2008, Falcon 1 became the first privately funded, fully liquid-fueled launch vehicle to reach orbit. Its development cost? Just $90M ($131M inflation adj.).
Out are the days of onesie twosies large GEO satcom birds, and in are the mega-constellations in LEO, consisting of an army of hundreds or thousands of smaller satellites that provide ultra-fast connectivity.