Space

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Russia readies a smaller Starlink, and a 2027 deadline it keeps moving

Russia intends to switch on a commercial version of its homegrown answer to Starlink next year, according to people familiar with the programme cited by Reuters, the latest milestone in a project that has been promising to arrive for most of a decade. The constellation is called Rassvet, the operator is a private aerospace firm […]

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Defense tech, AI, and fundraising take center stage at StrictlyVC Los Angeles on June 18

With just two weeks to go, StrictlyVC Los Angeles is quickly approaching. On Thursday, June 18, at The Aerospace Corporation Campus in El Segundo. Investors, founders, and tech leaders will gather for an evening of conversations exploring some of the most consequential shifts taking place across venture capital, defense technology, artificial intelligence, and advanced industry. Secure your spot here. For […]

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SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit

Impulse Space, the orbital transfer vehicle startup founded by Tom Mueller, has raised $500 million in a Series D round that values the company at $4.26 billion. The round was co-led by 137 Ventures and Banner VC, with participation from existing investors including Peter Thiel’s Founders Fund and Linse Capital. The company has now raised […]

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The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fallen roughly 17%. AST SpaceMobile, which had become a retail-trading favourite, has sunk nearly 23%. The […]

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