Via Satellite
• Rachel Jewett
Indian space startup InspeCity has secured $10.5 million in a pre-Series A round to finance four planned on-orbit missions over the next 18 months. The funding signals continued private-sector investment in India’s emerging commercial space industry and expands the company’s near-term mission pipeline.
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Indian space startup InspeCity has secured $10.5 million in a pre-Series A round to finance four planned on-orbit missions over the next 18 months. The funding signals continued private-sector investment in India’s emerging commercial space industry and expands the company’s near-term mission pipeline.
Swedish satellite operator Ovzon is establishing a German partner ecosystem with IABG Teleport and satellite services provider MBS. The companies will conduct an initial test implementation with a German government customer, marking Ovzon’s first reported step into the market and expanding its European presence.
Japan’s Astroscale is maintaining an investment strategy focused on securing an early lead in satellite debris removal, rendezvous and proximity operations, and other in-orbit services. The approach may come at the expense of profitability over the next one to two years as the company builds positions in emerging markets.
Japan’s Astroscale is maintaining an investment-heavy strategy in satellite debris removal, rendezvous and proximity operations, accepting that it may forgo profitability over the next one to two years. The company is pursuing first-mover advantage as commercial demand for in-orbit servicing and space sustainability develops.
High activity
Exolaunch will manage the deployment of 68 client payloads across SpaceX’s upcoming Transporter-18 and Bandwagon-5 rideshare missions, underscoring the scale of its role in arranging access to orbit for satellite operators and other commercial space customers.
ICEYE has opened three international offices in a single week, establishing new operations in the Netherlands, South Korea and India. The expansion positions the synthetic-aperture radar satellite company closer to customers in markets where demand for SAR-based Earth observation is increasing.
Singapore-based Astrum Space plans to merge with a publicly listed blank-check company in a transaction valuing the direct-to-device satellite venture at about $1 billion. The deal places Astrum among space startups using public-market combinations to fund connectivity ambitions and potentially expand investor access.
Lite Coms’ Lite Sat 1.3A terminal, paired with Comtech’s GTC Type 2-certified SLM-5650B modem, is now available in a validated remote-terminal configuration for SES O3b mPOWER Sovereign Services and Hybrid Sovereign Gateway architectures, expanding a certified option for government and defense SATCOM users.
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