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Neuraspace raises €15.6M to expand AI-powered space traffic management and domain awareness

Portugal-based Neuraspace secured €15.6 million from Lince Capital, Explorer Investments, Armilar Venture Partners and the country’s Recovery and Resilience Plan. The financing will support expansion of its AI-enabled space domain awareness and space traffic management platform for commercial, institutional and defense satellite operators.

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Canada awards Telesat up to $1.9B Arctic satcom deal as U.S. funds orbital target tracking; Bombardier weighs GlobalEye site

Telesat secured its largest-ever Canadian defense contract, valued at roughly $1.63 billion to $1.9 billion, requiring 69 additional Lightspeed satellites for Arctic communications. Separately, the U.S. Space Force awarded $615 million for space-based airborne-target tracking, while Bombardier evaluates a Canadian GlobalEye modification facility.

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Military Demand Shapes Emerging Market for In-Orbit Satellite Propulsion

An increasingly competitive market is forming around in-orbit propulsion, a capability military satellites have historically used sparingly. Growing defense demand is creating new commercial opportunities for propulsion technologies that can extend satellite maneuverability and expand the operational utility of space assets after launch.

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Rocket Lab wins record $266M Space Force launch contract as iQPS orders three Electron missions

Rocket Lab has secured its largest-ever contract, a $266 million multi-launch deal with the U.S. Space Force for suborbital missile-defense launches. Separately, Japan’s iQPS signed for three dedicated Electron missions, underscoring Rocket Lab’s push across defense and commercial launch markets.

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Canada awards Telesat and MDA Space up to $2.3B for Arctic military satellite network

Canada’s Defence Investment Agency awarded Telesat a $1.9 billion service contract and MDA Space a separate $474 million contract to expand the Telesat Lightspeed constellation with 69 additional Ka-band satellites for Arctic security connectivity. The deal increases network capacity by 44%, with most Telesat payments due between 2026 and 2028.

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