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French satellite startup Univity raises €27M Series A

Founded in 2022 and formerly called Constellation Technologies & Operations, Univity is targeting a constellation of at least 1,600 satellites in very low Earth orbit, using telecom operators’ own 5G mmWave spectrum rather than competing with them. The Series A takes total financing to €68M across equity, debt, subsidies and contract revenues. Univity, the Paris-based […]

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SpaceX’s IPO filing says its orbital data centres may never work. Three months ago, Musk called them a no-brainer.

Summary: SpaceX’s confidential S-1 pre-IPO filing warns that its orbital AI data centre plans “involve significant technical complexity and unproven technologies, and may not achieve commercial viability,” contradicting Elon Musk’s January claim at Davos that space-based AI was a “no-brainer” achievable within two to three years. The filing comes as SpaceX targets a $1.75 trillion […]

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ATMOS Space Cargo raises €25.7M to build Europe’s first routine orbital return service

A year after flying and recovering the continent’s first private re-entry capsule, the German-French startup is moving from demonstration to operations. Three PHOENIX 2 vehicles, a new defence entity, and a next-generation 1-tonne capsule are all funded by the round. ATMOS Space Cargo, the European company developing orbital transport and re-entry vehicles, has closed a […]

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SpaceX cuts a deal to maybe buy Cursor for $60 billion

With an IPO looming for Elon Musk’s SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. The New York Times first reported a possible deal just before SpaceX confirmed it in […]

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ISS astronauts are in the middle of a tech overhaul

Even astronauts need to level up their laptops once in a while – including the crew of Expedition 74 on board the ISS, which NASA announced last week is in the process of some computer upgrades. In a statement to The Verge, NASA spokesperson Joshua Finch confirmed the new laptops the astronauts will be using: […]

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The SpaceX IPO is a trillion-dollar gamble on the future of space

The great SpaceX IPO is looming, allowing outside investors – including regular Joe Schmoes, or retail investors – to buy a stake in one of the buzziest and most controversial companies on the planet for the first time. Depending on who you ask, it’s either the best investment opportunity you’ll see this decade or a […]

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Blue Origin’s New Glenn rocket grounded after delivering satellite to wrong orbit

The Federal Aviation Administration grounded Blue Origin’s New Glenn rocket after it shuttled its payload to the wrong orbit during its launch on Sunday, according to a report from the Orlando Sentinel. “The FAA is aware that Blue Origin New Glenn 3 experienced a mishap during the second-stage flight sequence following a successful launch,” the […]

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Blue Origin successfully reused its New Glenn rocket

Today’s launch of AST SpaceMobile’s BlueBird 7 satellite aboard Blue Origin’s reusable New Glenn rocket was a partial success. The New Glenn touched down on its landing pad without incident, making it the second launch and landing for the first stage booster, and officially giving Jeff Bezos a reusable launch vehicle. Unfortunately for AST SpaceMobile, […]

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