Planet completed its merger with special purpose acquisition company dMY Technology Group IV and began trading shares on the New York Stock Exchange Dec. 8 under the ticker symbol PL.
A consortium of more than 20 European space companies said Dec. 8 it won a six-month contract to study disruptive ideas for Europe’s planned satellite broadband constellation.
Israeli startup hiSky said Dec. 8 it raised $30 million to mass-produce compact terminals designed to connect internet of things (IoT) devices to satellites in multiple orbits.
Tomorrow.io said Dec. 7 it stands to raise up to $420 million for its planned network of weather satellites by merging with Pine Technology Acquisition Corp., the latest special purpose acquisition company (SPAC) to invest in the space industry.
Valley Tech Systems, a firm recently acquired by Voyager Space, won a $94 million contract from Lockheed Martin to provide a solid propulsion subsystem for the U.S. Missile Defense Agency’s Next Generation Interceptor.
Cellular backhaul provider Andesat has ordered Peru’s first dedicated telecoms satellite in a deal with Astranis, which will build a teleport in the country ahead of the spacecraft’s expected 2023 launch.
The growth generated from investments will be left unrealized if the government falls short in protecting the space domain.
Rocket company Galactic Energy launched its second Ceres-1 rocket late Dec. 6, becoming the first Chinese private firm to reach orbit twice.
Ursa Major, a Colorado-based manufacturer of liquid engines for small space launchers and hypersonic vehicles, announced Dec. 7 it has closed an $85 million Series C fundraising round.
In such a remarkable year for commercial, civil and military space, picking winners wasn’t easy. In the end, SpaceNews editors, reporters and trusted advisers agreed on nine individuals, organizations and trends deserving recognition.
NASA announced Dec. 3 its intent to purchase three more commercial crew missions from SpaceX as a hedge against further delays in the certification of Boeing’s CST-100 Starliner.