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Civil & Defense

NASA’s Commercial LEO Destination Budget Holds Up, But Program Will Be Rescoped
Civil & Defense Launch

NASA’s Commercial LEO Destination Budget Holds Up, But Program Will Be Rescoped

Amid the NASA budget bloodbath, the Commercial LEO Destinations program has emerged still standing. 

June 11, 2025June 11, 2025
NASA Has Paid Out 65% of SpaceX’s Starship HLS Contract
Civil & Defense

NASA Has Paid Out 65% of SpaceX’s Starship HLS Contract

NASA has paid out $2.6B of SpaceX’s Human Landing System (HLS) contract, representing 65% of the $4B current award amount and 58% of the $4.5B potential award amount. 

May 28, 2025May 28, 2025
Inside True Anomaly’s $260M Raise
Capital Markets Civil & Defense

Inside True Anomaly’s $260M Raise

The $260M Series C is a monster raise for a company founded just three years ago, with a choppy history of execution, and playing in an unproven space domain awareness market.

May 14, 2025May 21, 2025
A&D Primes are Most Impacted by Proposed NASA Budget Cuts
Civil & Defense Earth Observation Launch

A&D Primes are Most Impacted by Proposed NASA Budget Cuts

If the cuts are enacted (big if), the impact would be felt industry-wide, but it is A&D primes, like Northrop Grumman, Lockheed Martin, Boeing, and RTX, that are poised to suffer the most with the multi-billion-dollar programs squarely in the White House’s crosshairs. 

May 7, 2025May 7, 2025
CBO Says Golden Dome Could Cost Between $161B and $542B
Civil & Defense

CBO Says Golden Dome Could Cost Between $161B and $542B

Regardless of how you slice it, Golden Dome is a major undertaking, requiring far more than the $24.7B that the House Armed Services Committee recently earmarked for the program.

May 7, 2025May 7, 2025
Golden Dome’s $24.7B Proposed Funding
Civil & Defense Insights

Golden Dome’s $24.7B Proposed Funding

The funding still has a long way to go before it becomes law, and may get whittled down—but dang that’s a whole lot of golden dough.

April 30, 2025April 30, 2025
Five Space Executives Outline How Tariffs Will Impact Business
Civil & Defense Earth Observation Launch Satcom

Five Space Executives Outline How Tariffs Will Impact Business

To better understand how Trump’s tariffs will impact the space industry, we spoke with leaders from five space businesses in five different sectors (rocket, satcom, Earth observation, propulsion, and components).

April 16, 2025April 23, 2025
US Space Companies Make a Run at Europe
Civil & Defense

US Space Companies Make a Run at Europe

After years of investor malaise and memes about the region’s lack of innovation, investing in the EU is suddenly back in vogue.

March 19, 2025April 2, 2025
SDA’s Tranche 0 Satellites Criticized, Tranche 1 Delayed
Civil & Defense

SDA’s Tranche 0 Satellites Criticized, Tranche 1 Delayed

The Space Development Agency (SDA) announced last week it is pushing the launch of its Tranche 1 satellites until late summer due to system readiness and supply chain issues.

March 13, 2025April 23, 2025
Eutelsat Soars 550% in Three Days on EU Defense Plans
Civil & Defense Satcom

Eutelsat Soars 550% in Three Days on EU Defense Plans

Eutelsat stock has surged over 500% this week, adding more than $3B in market cap, driven by expectations of increased usage and a priority on EU defense. 

March 5, 2025April 23, 2025

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Payload Insights

SpaceX Notches 16 Falcon Missions in May, Musk Says Revenue to Hit $15.5B
Insights Launch
June 4, 2025June 9, 2025

SpaceX Notches 16 Falcon Missions in May, Musk Says Revenue to Hit $15.5B

Airbus Space Division is Returning to Growth
Insights
May 21, 2025May 21, 2025

Airbus Space Division is Returning to Growth

The Steep, Steep NASA Cuts
Insights
April 16, 2025April 23, 2025

The Steep, Steep NASA Cuts

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Rocket Lab Report

Rocket Lab’s thesis centers on becoming a fully integrated space infrastructure company, controlling every step from satellite production and launch to space-based data services
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