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Varda has two spacecraft in orbit and plans eight more missions over the next year

Varda Space Industries is currently operating two spacecraft in Earth orbit and plans eight additional missions in the coming year, signaling a rapid expansion of its in-space manufacturing and reentry cadence. The plans put execution, spacecraft availability and recovery operations at the center of the company’s next phase.

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Orbital Matter founder sees opportunity in slow-moving in-orbit manufacturing

Robert Ihnatisin, whose experience is in terrestrial 3D printing, says he was struck by the slow progress of manufacturing in orbit and founded Orbital Matter to address the gap. The article offers no details on the company’s technology, funding or plans, but frames its creation as an attempt to accelerate the sector.

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Balerion surpasses $200 million goal for Fund II

Balerion has raised more than $200 million for its second fund, exceeding its target. The firm had closed about $90 million as of May, according to Venture Capital Journal; co-founder and General Partner Daniel Kleinmann attributed subsequent momentum to portfolio companies reaching milestones and raising up-rounds that resonated with limited partners.

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CNBC

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SpaceX’s spectrum push sharpens competition in satellite-to-phone market, weighing on AST SpaceMobile forecasts

SpaceX agreed to acquire up to 14 MHz of paired 800-MHz spectrum from Grain Management as analysts assess its wireless ambitions. Piper Sandler downgraded AST SpaceMobile to Neutral and cut its price target to $54 from $98, citing uncertainty over 2026-27 satellite deployments and launch constraints.

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SpaceNews.com

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SpaceX launches 6,300 pounds of NASA cargo to the ISS on 35th resupply mission

A Falcon 9 launched SpaceX’s Cargo Dragon from Cape Canaveral at 6:33 a.m. EDT on Oct. 13, carrying more than 6,300 pounds of supplies, hardware and science payloads to the International Space Station. The dawn launch also produced a bright “space jellyfish” plume visible across parts of the eastern United States.

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