Commercial Space News

AINonline • Hanneke Weitering

eVTOL and hybrid-electric developers advance aircraft and funding, while defense startup raises $20M for counter-drone intercept

Skyfly secured a $10 million seed round to scale production, while North Vector Dynamics raised more than $20 million in a Series A valuing it above $90 million to develop counter-UAS interceptors. Separately, Electra demonstrated a 150-foot takeoff in Manhattan, and Brazil’s Moya Aero completed a full transition flight with its autonomous cargo eVTOL prototype.

2026-10-27T01:04:50.197442-07:00

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eVTOL and hybrid-electric developers advance aircraft and funding, while defense startup raises $20M for counter-drone intercept

Skyfly secured a $10 million seed round to scale production, while North Vector Dynamics raised more than $20 million in a Series A valuing it above $90 million to develop counter-UAS interceptors. Separately, Electra demonstrated a 150-foot takeoff in Manhattan, and Brazil’s Moya Aero completed a full transition flight with its autonomous cargo eVTOL prototype.

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Cowboy Space unveils Big Iron rocket with orbital data-center upper stage

Cowboy Space has revealed Big Iron, a launch vehicle whose upper stage is designed to remain in orbit and operate as a megawatt-class data center. The concept links launch vehicle architecture with orbital computing infrastructure, making the vehicle’s upper stage part of its intended on-orbit mission.

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Pentagon conditionally commits $150 million to Stoke Space for second Cape Canaveral launchpad

The Pentagon has conditionally committed $150 million in financing to Stoke Space to build a second launchpad at Cape Canaveral. The commitment links federal support to the startup’s launch-infrastructure expansion, though the announcement provides no further details on the conditions or project timeline.

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