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WC/ 12.05.25

iceye to provide sar satellites for the armed forces of poland

ICEYE has secured a significant contract with the Polish Ministry of National Defense, valued at €200M, for the provision of three ICEYE SAR satellites, and an option to purchase three more satellites and additional ground segment capabilities in the next 12 months, under the Polish Armed Forces’ #MikroSAR program.

Zeno power raises $50m series b funding round

Zeno Power’s raises $50 million Series B funding round, led by Hanaco Ventures with participation from Seraphim, Balerion Space Ventures, JAWS, Vanderbilt University, and others. The nuclear-battery maker now plans to roughly double its workforce and do full-scale system demonstrations next year.

Satellite industry continues modest revenue growth trends

The Satellite Industry Association (SIA) released its annual State of the Satellite Industry report May 13 that showed that global satellite industry revenues reached $293 billion in 2024, a 3% increase from 2023.

ast spacemobile ramping up launches ahead of beta service this year

AST SpaceMobile plans to launch satellites for its direct-to-smartphone broadband constellation every one to two months starting in July, aiming to begin beta services for AT&T and Verizon in the United States before the end of the year

china launches first of 2,800 satellites for ai space computing constellation

China launched 12 satellites early Wednesday for an on-orbit computing project led by startup ADA Space and Zhejiang Lab.