SpaceTech
ICEYE Wins First Scaleup Europe Fund Investment
Europe has spent years producing promising technology companies. The harder task has been giving them enough growth capital to scale globally without moving their centre of gravity elsewhere. ICEYE has now become the first investment made by the Scaleup Europe Fund, a European Commission-initiated vehicle managed by EQT. The fund co-led ICEYE’s recently announced €1 […]
K2 Space Raises $500M to Scale High-Power Satellites
Smaller satellites have made space cheaper to access. K2 Space is taking the opposite approach: building larger spacecraft with more power, payload capacity and onboard capability. The Torrance, California-based company has raised a $500 million Series D at a $6.8 billion valuation. The round was led by Kleiner Perkins and ICONIQ, with participation from CapitalG, […]
deltaVision Raises €10.2M to Build the Fluid Infrastructure for Orbital Refuelling
Satellites are becoming reusable and serviceable. The missing layer is the infrastructure required to move propellant safely between them. Munich-based deltaVision has raised €10.2 million in its first funding round to expand production of spacecraft fluid-control systems and accelerate its orbital refuelling technology. The round was led by KT Ventures and Valemount Capital, with participation […]
ORiS Secures €5M to Build an Energy Grid in Orbit
Satellites are becoming more capable, but their energy systems remain constrained by solar panels, batteries, and orbital conditions. Turin-based ORiS has secured €5 million to develop laser-based wireless power transmission for space and dual-use applications. The package includes a €4.5 million pre-seed round led by Earlybird and co-led by Pitchdrive, plus a €500,000 regional grant. […]
Skyroot’s Vikram-1 just changed India’s private space story
India’s private space sector has moved from promise to proof. Skyroot Aerospace’s Vikram-1, India’s first privately developed orbital rocket, lifted off from the Satish Dhawan Space Centre in Sriharikota under Mission Aagaman and successfully injected its payload into orbit, according to Reuters. The mission marks the first time an Indian private company has placed payloads […]