Space Intel Report
• Peter B. de Selding
French in-orbit servicing startup Infinite Orbits has raised €52 million ($58.4 million) across two financing rounds. It also has four firm launch contracts with Impulse Space, using its orbital transfer vehicle on Falcon 9 rockets through 2029.
Commercial Space
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French in-orbit servicing startup Infinite Orbits has raised €52 million ($58.4 million) across two financing rounds. It also has four firm launch contracts with Impulse Space, using its orbital transfer vehicle on Falcon 9 rockets through 2029.
Spanish startup UARX Space is troubleshooting anomalies identified during the maiden flight of OSSIE-D, its orbital transfer vehicle. The vehicle launched in October; the available report does not specify the nature of the anomalies or their effect on the mission.
Spanish launch provider PLD Space has started system-level testing of its MIURA 5 orbital rocket, following completion of manufacturing on its first three vehicles. The campaign includes final subsystem validation and comes alongside expanded industrial capabilities as the company prepares for a first demonstration flight in 2027.
Colorado-based WarpWare closed a $1.2 million pre-seed round to expand an engineering platform it describes as AI-enabled, with agentic tools for flight software. The funding targets software development for space missions, an application area where engineering tools are part of the broader commercial space technology landscape.
High activity
SpaceX is set to report third-quarter results after the bell on Oct. 20, its second earnings report as a public company. Investors are focused on revenue and EBITDA, whether AI spending exceeds the $15.8 billion reported for the prior quarter, and the timing of results ahead of a major financing round.
High activity
The four operators signed a letter of intent to explore bidding together for European mobile satellite service spectrum in the 2-GHz band and to seek a satellite partner. The proposed collaboration aims to support sovereign direct-to-device connectivity as the carriers respond to competition from satellite services such as Starlink.
HawkEye 360 says it won $36 million in international contracts during the third quarter of 2026, expanding its signals intelligence business across Europe and allied markets. The awards add to the company’s geographic reach as overseas customers continue to contract for its space-based capabilities.
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