Airbus Defense and Space won a $2.5 billion contract from the German military to deliver next-generation communications satellites, known as SATCOMBw 3, short for Bundeswehr’s satellite communications system.
Chinese commercial satellite maker MinoSpace has secured more than $137 million to further its design and production aspirations.
Orbit Fab, a company trying to crack on-orbit refueling, is ready to take on missions in space after successfully wrapping up testing on its automated GRIP refueling mechanism, the company announced on Tuesday.
The company, which was recently selected as part of Y Combinator’s space portfolio, wants to be the refueling and repair shop for spacecraft in GEO and beyond. Its first step toward that goal will come in mid-2025, when it plans to perform the first in-orbit cryogenic refueling mission in partnership with Space Machines Company.
