SpaceNews.comJeff Foust

Skyroot Aerospace raises $60M, values company above $1B ahead of first orbital launch attempt

Indian startup Skyroot Aerospace has secured a $60 million funding round that places its valuation at more than $1 billion. The capital boost comes as the company prepares for its first orbital launch attempt, a key milestone for scaling its launch capabilities.

2026-05-07T04:55:32.056446-07:00
Breaking DefenseTheresa Hitchens

Space Force boosts contract ceiling for Andromeda space monitoring sats to $6.2B

By Breaking Defense: The Andromeda IDIQ contract vehicle will fund a replacement for the current GSSAP on-orbit inspection satellites as well as the classified SILENTBARKER space surveillance birds.

2026-05-06T14:03:44.782116-07:00
Space Intel ReportPeter B. de Selding

Leonardo Space reports increased Q1 revenue, EBITDA and orders; Telespazio service business helps profit picture

By Space Intel Report: LA PLATA, Maryland — Leonardo Space reported increased revenue profit and backlog in the three months ending March 31, meaning all three components of a planned European space industry merger have confirmed continued robust health in 2026.

2026-05-06T12:12:45.865899-07:00