Space Intel Report
• Peter B. de Selding
MDA Space reported another quarter of double-digit increases in revenue and adjusted EBITDA, while outlining an international strategy focused on expanding its space hardware and geospatial imagery businesses in the United States and Europe. The company is also widening its portfolio and geographic presence.
Commercial Space
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MDA Space reported another quarter of double-digit increases in revenue and adjusted EBITDA, while outlining an international strategy focused on expanding its space hardware and geospatial imagery businesses in the United States and Europe. The company is also widening its portfolio and geographic presence.
ALL.SPACE has won a contract to provide Aalyria with Hydra MAX terminals for deployment alongside Aalyria’s Spacetime orchestration software. The software will be integrated directly with the terminals, combining the companies’ hardware and network-management capabilities in a joint platform deployment.
High activity
A Long March 7A rocket failed less than 90 seconds after liftoff from Wenchang while carrying a communications satellite, according to Chinese state media and amateur footage. The cause remains under investigation, marking the second reported failure involving the Long March rocket family this year.
High activity
Rocket Factory Augsburg’s first orbital launch attempt has been delayed by a tank problem, but the company’s majority owner remains confident the German startup can reach the launch pad later this year. The setback adds pressure to its development and launch schedule.
High activity
Lithuania’s Astrolight and Germany’s ATMOS Space Cargo have signed a memorandum of understanding to demonstrate an optical communications link between a re-entry spacecraft and an orbiting low Earth orbit satellite. The planned 2027 test would evaluate high-speed laser communications during atmospheric return operations.
High activity
SpaceX shares have swung sharply since their June IPO, rebounding toward the roughly $135 offering price after a post-listing plunge and recent retail selling. The company’s reported revenue beat, planned expansion toward as many as one million satellites and projected Starship cost reductions are driving scrutiny of its valuation and market impact.
Commercial Earth observation continues to struggle to create sustained demand because imagery and data alone are not the product’s ultimate value. The decisive question is whether EO providers can translate satellite-derived information into insights that materially improve decisions for which customers are accountable.
High activity
EnduroSat is partnering with the Bulgarian government to redevelop Dobroslavtsi, a former military airbase, into a space and defense development center. The project is positioned as a new hub for space-sector activity in Europe, linking Bulgaria’s former military infrastructure with emerging commercial space capabilities.
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