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W/C 02.06.25

Trump, Musk, Spat

U.S. President Donald Trump has threatened to cut off government contracts to Elon Musk’s companies after he suggested the President should be impeached. Elon Musk threatens – and then rolls it back – a decommission of SpaceX’s Dragon – the only U.S. spacecraft capable of sending astronauts to the ISS. And we look at Trump’s travel ban as the administration intensifies its immigration crackdown.

UK Gov strategic defense review

The world has changed. The threat we now face is more serious and less predictable than at any time since the Cold War. The UK faces war in Europe, growing Russian aggression, new nuclear risks, and daily cyber-attacks at home. Our adversaries are working more in alliance with one another, while technology is changing how war is fought. Drones now kill more people than traditional artillery in the war in Ukraine, and whoever gets new technology into the hands of their Armed Forces the quickest will have the advantage.

Voyager launches IPO with $1.6 billion valuation target

Voyager Technologies launched its initial public offering (IPO) of shares June 2, targeting a valuation of $1.6 billion for the six-year-old space and defense company.

Seraphim Space – Portfolio value rises 3% over quarter, ICEYE leads commercial momentum

Seraphim Space Investment Trust (SSIT) has reported results for the quarter ended 31 March 2025. While net asset value (NAV) per share edged down slightly by 0.3% to 100.78p, the underlying portfolio saw a 3.0% increase in value to £222.7m, reflecting solid commercial progress among key holdings.

Astroscale clears critical design review for OneWeb satellite removal demo

Astroscale has completed the critical design review of a servicer aiming to remove a OneWeb broadband satellite from low Earth orbit (LEO) next year, the Japanese venture’s British subsidiary announced June 4.