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U.K. Defense Secretary Calls for Satellite Investment as Space Assets Support Intelligence and Missile Warning

U.K. Defense Secretary Wes Streeting said satellites are critical to national intelligence gathering and missile-warning capabilities, and now underpin almost one-fifth of the U.K. economy. His remarks frame space infrastructure as both a defense priority and an increasingly consequential component of national economic activity.

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New York Times

High activity

Google to launch prototype satellites for first in-orbit test of AI computing under Project Suncatcher

Google plans to launch two experimental satellites with Planet by early 2027 to test whether AI chips can support large-scale computing infrastructure in orbit. The effort, Project Suncatcher, is an early-stage study of space-based data centers and their potential technical feasibility.

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Payload

High activity

Starfish Space’s first full-scale Otter servicing vehicle assigned to NASA-backed SSPICY mission

Starfish Space has completed its first full-scale Otter spacecraft and is preparing to launch it on Transporter-18 for NASA’s SSPICY mission. The vehicle will demonstrate close inspection and docking capabilities by visiting multiple inoperable U.S. satellites, moving the Tukwila, Wash.-based company beyond scaled technology demonstrations.

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Hubble Network raises $200M Series C at $1.6B valuation

Hubble Network has raised $200 million in Series C financing, bringing its total funding to $300 million and valuing the company at $1.6 billion. The round follows a $70 million Series B completed in September 2025, underscoring continued investor backing for the company’s development.

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Direct-to-device satellite services near a market inflection point as operators look beyond mobile carriers

Direct-to-device satellite connectivity is approaching a market inflection point, but operators’ reliance on mobile network operators may constrain growth. Reaching customers beyond carrier distribution could determine whether D2D develops into a scalable extension of terrestrial cellular networks or remains a limited connectivity enhancement.

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AeroTime

High activity

Saab advances anti-ship missile, space-defense partnerships and India’s SAT-SAAW order

Saab is broadening its defense and space footprint: the RBS15 Mk4 anti-ship missile is ready for Swedish Air Force Gripen fighters, while new MoUs with SSC Space, OHB Sweden and Ericsson target Nordic space capabilities and multi-domain operations. India has also ordered additional Saab-linked SAT-SAAW glide bombs.

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SpaceWatch Global

High activity

MBS acquires 20% of HPS as German space-hardware company expands into defense and communications

MBS has acquired a 20% stake in HPS, supporting a seven-figure investment program at the German space-hardware company. The funding will help HPS expand beyond its existing space activities into defense and communications markets, broadening its addressable customer base and strategic footprint.

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