WC/ 10.03.25 | Seraphim Space

UK reports record esa contract Wins

The UK space sector won £844M ($1.09B) in ESA contracts between June 2022 and the end of 2024, according to new data from the UK Space Agency. The additional £112 million will have a large, positive impact on the competitiveness of the UK’s space sector, supporting businesses to attract further private investment, develop cutting edge technologies and expand internationally. It means the UK now receives 99p back in contracts for every £1 invested, after overheads.

spacewerx selects eight companies for $440m in public-private partnerships

SpaceWERX, the commercial outreach arm of the U.S. Space Force, selected eight companies for Strategic Funding Increase (STRATFI) agreements for 2025 worth a combined $440 million in government and private funding. Including: Albedo, Beast Code, CesiumAstro, Gravitics, LeoLabs, Rise8, Umbra and Xona won Strategic Funding Increase (STRATFI) agreements

d-orbit and eutelsat Partner on geo In-Orbit Servicing Mission

Italian space logistics firm D-Orbit is working with satcom provider Eutelsat on an ESA-funded geostationary satellite servicing mission set to launch in 2028, the companies announced yesterday.

Tomorrow io Can't Replace The National Weather Service. But It Might Have To

Startup Tomorrow.io has built a constellation of weather satellites to feed data to its AI-powered forecasts customized for its business customers. Can it fill the gap left behind by DOGE’s cuts to the National Weather Service?

european stocks soared last week after the eu announced increased defence budgets

European stocks soared last week after the European Union pledged to loosen budgetary strings to bolster defense spending — and the region’s long languishing space sector might be in line to benefit.