EnduroSat  raises $104M to scale satellite production and open major new space center in Sofia 🇧🇬  EnduroSat has secured $104M in new funding to accelerate manufacturing of small and ESPA-class satellites, marking one of Europe’s largest recent space financings.  The round included Riot Ventures , GV (Google Ventures) , Lux Capital , Shrug Capital , and the European Innovation Council Fund.  The investment coincides with the opening of the company’s new 188,000+ sq ft Space

Voyager Technologies  Acquires ExoTerra Resource LLC  to Expand U.S. Propulsion Manufacturing Capability Voyager Technologies announced the acquisition of ExoTerra Resource, a Colorado-based developer of electric propulsion systems for defense and commercial spacecraft. The deal strengthens Voyager’s in-house propulsion portfolio as demand grows for maneuverable, resilient spacecraft across national security and commercial missions. ExoTerra’s flight-proven thruster technolog

Venus Aerospace announced a strategic investment from Lockheed Martin Ventures, accelerating development of its rotating detonation rocket engine (RDRE) technology following a successful high-thrust flight test earlier this year.  The test, described as a world first, marked a major milestone for next-generation propulsion and represents the first new rocket engine architecture to demonstrate flight-proven performance since the Apollo era. Venus is currently the only company

Archer has acquired the full patent portfolio of defunct German eVTOL startup Lilium  for €18 million ($21 million), adding around 300 assets spanning high-voltage systems, advanced aircraft design, flight controls, ducted fans, and electric propulsion. The acquisition strengthens Archer’s intellectual property position as consolidation accelerates in the advanced air mobility sector. Founded in 2015, Lilium was once a high-profile electric aircraft company backed by Tencent

Odys Aviation (Long Beach, CA) has closed a $26 million Series A funding round to accelerate development and flight testing of its hybrid-electric vertical take-off and landing (VTOL) aircraft, known as Laila, as the company prepares for a global operational launch in early 2026. The round was led by Nova Threshold, with participation from Tuchen Ventures LLC & The Eden8 Foundation  ( Mike Tuchen ) and other investors. The funding will support U.S. flight testing, team expans

Kent, Washington-based Stoke Space has raised $510 million in Series D funding to accelerate work on its fully reusable Nova launch system, one of the most ambitious efforts in the medium-lift launch market. The round was led by Thomas Tull’s U.S. Innovative Technology Fund (USIT), with participation from Washington Harbour Partners, General Innovation Capital Partners, Breakthrough Energy Ventures, Toyota Ventures, and others. The financing brings Stoke’s total capital raise

Firefly Aerospace  has entered into a definitive agreement to acquire SciTec, Inc.  , a leader in advanced national security technologies, in a transaction valued at approximately $855 million. The deal includes $300 million in cash and $555 million in Firefly shares issued at $50 per share. The acquisition will expand Firefly’s defense and space operations by integrating SciTec’s mission-proven software analytics, AI-enabled data processing, and multi-domain threat tracking

Spacecoin has successfully routed the world’s first blockchain transaction through orbit, validating the company’s mission to build a decentralized satellite internet that could one day rival Starlink.  Using its CTC-0 nanosatellite, built by EnduroSat  and launched on a SpaceX  Falcon 9 rideshare in December 2024, the team transmitted encrypted data from Chile to Portugal, proving that cryptographic integrity can be maintained end-to-end beyond Earth’s atmosphere. The demo h

Electric aircraft maker BETA TECHNOLOGIES  has filed to go public under the ticker BETA, joining a wave of aerospace and clean-tech companies heading to the markets.  Founded in 2017, Beta has raised over $1.5B in private capital, opened a 188,500 sq. ft. production facility in Vermont, and completed thousands of flights with its ALIA electric aircraft across North America and Europe, including operations with the U.S. military and FAA. The company says its simplified design

Quantum Space  acquires Phase Four  propulsion tech to boost maneuverability and defense mission capabilities. Quantum Space has acquired Phase Four’s multi-mode propulsion technology, strengthening its ability to deliver highly maneuverable, persistent, and cost-efficient platforms for national security, civil, and commercial applications. The acquisition includes Phase Four’s Hawthorne, CA integration and test facility, capable of producing up to 100 engines annually.  Phas

ReOrbit  Secures €45M (~ USD $53M) to Advance Sovereign Satellite Systems Helsinki-based ReOrbit has raised a €45 million Series A, led by Springvest Oyj , marking one of the largest funding rounds for a European space startup. The raise included strong participation from new and existing investors such as Varma , Elo , Icebreaker.vc , Expansion Ventures, 10x Founders , and Inventure . Founded in 2019, ReOrbit develops software-defined satellite systems designed to give natio

Aerospacelab  Secures €94M ($110M) Series B to Accelerate Satellite Megafactory and Strengthen Position in European Constellation...