TakeMe2Space , a Hyderabad-based spacetech startup, has raised $5 million in a round led by Chiratae Ventures  with participation from Unicorn India Ventures , Artha Venture Fund , and seafund .  The funding will support the expansion of its satellite constellation to six spacecraft, enabling approximately 5 kW of in-orbit compute and advancing optical satellite links for inter-satellite communication. The company aims to scale its real-time AI inferencing capabilities in Low

Quantum-imaging Startup Diffraqtion  Emerges From Stealth with $4.2M Pre-Seed Round Diffraqtion, an MIT and University of Maryland spinout, has secured $4.2M in pre-seed funding to build ultra-high-resolution satellite and telescope constellations using its breakthrough quantum camera technology. Led by QDNL Participations  with participation from milemark•capital , Aether VC , ADIN, Offline Ventures , and bolstered by a Defense Advanced Research Projects Agency (DARPA)  Dire

JetZero  , the U.S.-based aerospace startup developing the world’s first commercial all-wing (blended-wing-body) aircraft, has raised $175 million in Series B financing.  The round was led by B Capital , with participation from United Airlines Ventures , Northrop Grumman , 3M Ventures, and RTX Ventures, among others. This brings JetZero’s total raised and committed capital to more than $1 billion, including government grants, incentives and commercial partnerships. The fundin

Sisir Radar, an Indian space and defence technology startup founded by Soumya Misra , has raised $7 million in Series A funding led by 360 ONE Asset , with participation from Shastra VC .  The funding will accelerate the company’s plans to launch India’s first privately developed L-band synthetic aperture radar (SAR) satellite by 2026, strengthening the country’s sovereign Earth-observation and surveillance capabilities. The planned satellite will be designed, engineered, and

Rocket Lab  Secures Landmark $860M Contract for Missile-Tracking Satellites Rocket Lab has been awarded an $816 million prime contract by the U.S. Space Development Agency (SDA) to design and manufacture 18 satellites for the Tracking Layer Tranche 3 (TRKT3) program under the Proliferated Warfighter Space Architecture. The satellites will provide global, persistent missile warning and tracking, including against emerging threats such as hypersonic weapons.  Each spacecraft wi

Jared Isaacman officially takes office as NASA - National Aeronautics and Space Administration  Administrator following Senate confirmation Jared Isaacman was sworn in as NASA’s 15th administrator last week after receiving U.S. Senate confirmation, formally assuming leadership of the agency at a pivotal moment for U.S. space policy and exploration.  The ceremony took place at the Eisenhower Executive Office Building, with Isaacman stepping into the role amid upcoming mileston

Castelion , a defense technology company focused on restoring America’s conventional deterrence, announced a $350 million Series B last week to accelerate large-scale production of hypersonic munitions. The round was led by Altimeter  and Lightspeed , with participation from Lavrock Ventures , Andreessen Horowitz , General Catalyst , First In, SVC (Space VC) , Cantos , BlueYard Capital , Avenir , Champion Hill, and Interlagos .  The funding positions Castelion to move from ra

Overview Energy  emerges from stealth with a breakthrough in space solar transmission Overview Energy has publicly launched after achieving a major technical milestone: the world’s first airborne power-beaming demonstration designed for space-solar operations. The company successfully transmitted power from a moving aircraft to a ground receiver 5 km below, using the same near-infrared laser-based system it plans to deploy in orbit. This achievement validates the system’s abi

Boom Supersonic  unveils $1.25B turbine backlog, first Superpower customer, and $300M new funding. Boom Supersonic announced major milestones this week, including a $1.25B backlog for its new Superpower natural-gas turbine, the reveal of its launch customer Crusoe , and the close of a $300M funding round led by Darsana Capital Partners LP .  The Superpower turbine, derived from the same extreme-temperature engine core being developed for Boom’s Symphony supersonic jet engine,

Korean Air  & Hyundai Rotem  Begin Methane Engine Program for Reusable Launch Vehicles Korean Air and Hyundai Rotem have launched a KRW 49 billion, government-backed initiative to develop a reusable 35-ton-class methane rocket engine, a technology increasingly viewed as essential for next-generation, repeat-use launch systems.  The program, overseen by the Korea Research Institute for Defense Technology Planning and Advancement  (KRIT), will run through October 2030 and offic

Reditus Space | YC W25  raises $7.1M to fast-track its first reusable microgravity research spacecraft for launch next summer. Reditus Space, an Atlanta-based startup developing reusable spacecraft for microgravity research and in-space manufacturing, has closed a $7.1M seed round. Investors included Y Combinator , Antler , and a mix of other backers. The capital will fund the company’s first full-scale demonstrator, ENOS, a reusable free-flying spacecraft with a 40 kg return

Voyager Technologies  expands into energetic materials with the acquisition of Estes Energetics Voyager Technologies has acquired Estes Energetics, a U.S. manufacturer of energetics, propulsion materials, and critical chemical compounds used across missile defense and tactical munitions.  The deal gives Voyager deeper end-to-end control of the energetics supply chain at a time when global materials dependencies and fragile supply routes pose growing risks to defense readiness