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K2 Space raises $500M at $6.8B valuation to scale large satellite production for commercial and defense markets

K2 Space has secured $500 million in Series D funding at a $6.8 billion valuation, more than doubling its value in seven months. The California-based satellite manufacturer plans to scale production, accelerate next-generation spacecraft development and move from orbital demonstrations toward larger commercial and military orders.

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Fortastra and Hadrian sign MoU for technical collaboration on advanced national security spacecraft

Fortastra and Hadrian have signed a memorandum of understanding laying out a framework for technical collaboration to build advanced spacecraft aimed at urgent national security space missions, the companies announced. The agreement focuses on coordinating industrial and spacecraft-manufacturing expertise for faster program execution.

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FAA proposes waiving selected environmental and natural-resource review requirements for certain commercial space licenses and p

The FAA has proposed allowing the agency to waive requirements under 13 federal environmental and natural-resource laws when reviewing specific commercial space licenses and permits. The stated goal is to reduce regulatory friction and speed the approval timeline for commercial space launches.

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