U.S. accelerator Starburst Aerospace plans to raise a $50 million fund this year to invest in space startups, CEO Francois Chopard told SpaceNews in an interview.
The space market is at a watershed moment as private and public investments continue to surge.
New accounting rules have thrown a wrench into a SPAC machine that has been catapulting space companies to the public markets.
Six months after including it on the team that won a NASA technology contract, Lockheed Martin has quietly dropped in-space transportation company Momentus from that project.
The SPAC boom has reshaped the space startup sector. Until recently, there was plenty of capital flowing into startups but few exits. SPACs offer, in some sense, the best of both options: an influx of capital associated with going public, but without the overhead of a traditional IPO.
The Russian founders of in-space transportation company Momentus have placed their shares into a voting trust and will sell them in the next three years as the company attempts to address U.S. government concerns about its foreign ownership.
The founding chief executive of in-space transportation company Momentus is resigning in an effort to overcome U.S. government concerns about foreign control of the company.
A NASA small launch vehicle competition attracted bids from 10 companies, but half of them were effectively disqualified because of deficiencies or other problems.
Momentus Space announced an agreement Oct. 20 with Canada’s Kepler Communications to arrange the 2021 launch of two satellites on a SpaceX Falcon 9 rideshare flight and delivery to their desired orbital altitude in the Vigoride in-space transportation vehicle.