
Stoke Space has raised a billion dollars for a rocket that has never flown. The Washington company says the Series E takes its total funding to $2.3bn. It has not yet reached orbit once. Point72 Ventures and Spark Capital co-led the round, according to…
Stoke has “completed the initial closing” of a $1B Series E round intended to help it reach orbit and prepare a new, larger rocket for operations.

Deutsche Telekom, Orange, Vodafone and Telefónica are in early talks to form a consortium that would bid for European satellite spectrum and offer calls, texts and data to ordinary phones from orbit, Bloomberg reported on Monday. The service would comp…

Pixxel, the Indian company that has spent six years arguing that Earth observation is worth doing in colours the human eye cannot see, has raised $100M in a Series C round led by Singapore’s state investor Temasek and the London-listed Seraphim Space I…

German company Isar Aerospace has successfully launched Europe’s first entirely commercial orbital rocket. It attempted to achieve the feat last March, but that lasted all of 30 seconds before the vehicle crashed into the sea and exploded. This time the company managed to get the two-stage Spectrum into low Earth orbit from a Norwegian spaceport. […]

NASA has told Axiom Space to develop a simpler Sortie Suit for the first lunar landings, cutting mass and complexity to support a 2028 target. The same acceleration cancelled the Lunar Gateway, and ESA’s three guaranteed European astronaut flights were…

The entire second batch of Russian Rassvet satellites have failed to reach their target operational altitudes, according to reports.
AI data centers in space apparently weren’t enough, so the company decided to give interstellar travel a try.