Focus: Financial
September 29, 2023
The UK Space Agency (UKSA) will invest a further 65 million pounds ($79.1 million) of funding for innovations that could boost U.K. leadership in space technologies and applications. The latest investment was announced Sept. 28. The first tranche of up to 34 million pounds ($41.4 million) funding is open to proposals that will drive innovation,…
September 27, 2023
Commercial space station company Sierra Space announced a $290 million Series B funding round on Tuesday, valuing the company at $5.3 billion. The round takes Sierra Space’s total capital raised to $1.7 billion. A Japanese strategic partnership co-led the round. The partnership is between MUFG Bank, Kanematsu, and Tokio Marine & Nichido Fire Insurance, Japan’s…
September 19, 2023
Kayhan Space raised $7 million in a seed extension round to advance the development of its Pathfinder spaceflight safety platform. Venture capital firms Space Capital and EVE Atlas funded the extension round. Kayhan Space said in a Tuesday announcement it plans to open an office in Washington, D.C. and grow its team of U.S. based…
September 14, 2023
Sidus Space has been granted an additional 180 calendar days, or until March 11, 2024, to regain compliance with The NASDAQ Stock Market, the Space-as-a-Service company announced Thursday. Unlike many new space companies that went public through SPAC mergers during the pandemic, Sidus Space went public through a standard-issue IPO in January 2022. The IPO…