Slingshot Aerospace raised $40.85 million in an oversubscribed Series A2 funding round announced Tuesday, to grow and commercialize its space situational awareness capabilities.  CEO and co-founder Melanie Stricklan sees the funding as validation of Slingshot’s mission to  keep space safe and its approach, as the company raised capital despite signs of a global economic downturn. …

Mangata Networks is to create a new space engineering, manufacturing, and operations hub in Scotland, the company announced Dec. 6. The company said it will create 575 new jobs in the region. The hub will be located at Prestwick International Aerospace Park in Ayrshire. The hub is supported by a funding and assistance package from…

Satellite startup E-Space announced a deal on Monday to acquire CommAgility from the Wireless Telecom Group, Inc. for $14.5 million.  E-Space said CommAgility is the largest stand-alone developer of embedded signal processing and radio frequency (RF) modules. The company has LTE PHY/stack source code for commercial grade 4G and 5G mobile networks, air-to-ground (ATG), and…

OroraTech, a Munich-based startup working to monitor thermal data from space extended its Series A funding round with 15 million euros ($15.8 million) from private investors and public sector funding.  Belgian climate impact fund Edaphon led the round with existing investors Findus Venture, Ananda Impact Ventures, Wachstumsfonds Bayern 2, ConActivity, APEX Ventures, SpaceTec Capital, as…