Payload
• Douglas Gorman
Northwood Space’s $375 million Series C values the company at $2 billion and takes its total capital raised above $500 million. The announcement marks a major financing milestone, though the report does not specify how the proceeds will be deployed or detail the company’s product and operating plans.
Satellite
Latest source-backed stories
SpaceX is building and operating Starlink and Starshield, two satellite networks with different roles and users. This explainer examines how the military-focused Starshield network differs from Starlink and who uses each, clarifying the company’s parallel commercial and defense-facing satellite activities.
Hydrosat says its new Nyktòs program will capture high-resolution thermal imagery using mid-wave infrared (MWIR) technology. The announcement establishes a new imaging capability in the company’s portfolio, but the available report does not specify resolution, launch timing, intended applications or commercial plans.
ESA’s Nicolaus Hanowski sets out 10 strengths and 10 weaknesses in Europe’s Earth-observation sector. Torsten Kriening argues that the region must address the weaknesses, framing Europe’s broad view of the world as both an asset and a problem.
High activity
Northwood Space’s $375 million Series C values the company at $2 billion and takes its total capital raised above $500 million. The announcement marks a major financing milestone, though the report does not specify how the proceeds will be deployed or detail the company’s product and operating plans.
The European Investment Bank and Deutsche Bank are backing €560 million in investment to help European space companies scale up and bring new technologies to market. The initiative targets financing needs across the sector, supporting companies as they move technologies toward commercial deployment.
Rocket Lab is scheduled to launch a privately owned Japanese Earth-observation satellite on Nov. 2, marking its 99th mission to date. The company plans to stream the launch live; the available report does not identify the satellite’s operator or provide its mission specifications.
High activity
Indra Group reported sharply higher revenue and EBITDA and booked €1.926 billion ($2.2 billion) in new orders tied to Europe’s Iris² multi-orbit secure communications constellation during the three months ended Sept. 30. The award places the Spanish company among the leading participants in Europe’s space industry.
Create a free account to see more recent Satellite stories and keep bookmarks in one place.
