Space startups raised $1.9 billion in the third quarter, up nearly a fifth from a year earlier, fueled by strong investor interest in rocket launchers and satellite manufacturers, according to a Seraphim Space report on Thursday.
The missions are named VICTUS SURGO and VICTUS SALO and are funded through a $34.5M SBIR contract from Space Systems Command’s Space Safari program and the Defense Innovation Unit.
Baiju Bhatt made a fortune as a stockbroker for the 21st century as co-founder and co-CEO of Robinhood, the electronic trading platform that defined the pandemic stock market. Now, he’s founded a new company, Aetherflux, to revolutionize the power grid—from orbit.
Northwood Space, the startup led by former television star and singer Bridgit Mendler, passed its first major development test by connecting with Planet imagery satellites in orbit.
SpaceX has received emergency temporary approval to provide space-based connectivity to T-Mobile customers in Florida who may lose cellular service due to Hurricane Milton.
