Via Satellite
• Rachel Jewett
Xona says it is preparing to begin initial beta service for its commercial satellite navigation offering in early 2027. The company this week marked two milestones: a launch carrying six satellites and a $250 million Series D funding round.
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Xona says it is preparing to begin initial beta service for its commercial satellite navigation offering in early 2027. The company this week marked two milestones: a launch carrying six satellites and a $250 million Series D funding round.
The robotic Griffin lunar lander has completed a series of critical tests ahead of its first mission to the Moon, scheduled to launch later this year. The milestone advances the spacecraft toward flight, though the available reports do not specify the tests or their results.
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PhillipCapital reversed its SpaceX rating from sell to buy and raised its price target to $250, citing the company’s AI business. Separately, Bernstein said Starlink’s improving profitability could support aggressive pricing in broadband and mobile services, positioning it to challenge established U.S. telecom operators despite slowing subscriber growth.
A roundup reports SpaceX’s decision not to pursue military launches, a Spanish rocket nearing readiness and a call for Canada to reach orbit on its own terms. The available details do not specify the rocket programs, timelines or the military launch opportunity involved.
China’s first commercial launch site is expected to bring two additional pads online by the end of this year. The expansion is intended to support more than 30 launches in 2027, increasing the site’s planned launch activity.
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