Blue Origin raises $10 billion in first outside funding round
Per the New York Times, Blue Origin is raising $10B at a $130B valuation from Coatue and Bezos, its first outside funding.
#funding
Orbit Fab hires new CEO, raises $25M ahead of Series B
Per SpaceNews, Orbit Fab appointed Peter Shaper as CEO and raised over $25 million in interim funding ahead of a Series B round.
NASA and SBA partner to unlock capital for space suppliers
NASA and the SBA signed an agreement to help attract private capital for space technology suppliers.
Chang Guang Satellite completes nearly 5 billion yuan equity round
Jilin-1 operator Chang Guang Satellite raised about 5 billion yuan for satellite production and constellation growth.
China's Hongqing Technology raises $191 million
A satellite-manufacturing affiliate of launch company Landspace raised over 1.3 billion yuan from state-linked banks and investment funds.
Sybilla Technologies raises $10 million to expand SSA network
Poland's Sybilla Technologies raised about $10 million to grow its optical sensor network and enter the US market.
Lunar Forge unveils plan to build lunar structures from moon dust
Startup Lunar Forge came out of stealth with laser-sintering tech that turns lunar regolith into structures, starting with reactor housing.
SpaceX prices $25 billion inaugural bond offering across five tranches
Senior notes from 5.35% due 2031 to 6.65% due 2056, mainly to repay the pre-IPO bridge loan, per the company's 8-K.
OHB raises 510 million euros for manufacturing
OHB is issuing new shares worth roughly 510 million euros to fund manufacturing capacity and its RFA launch subsidiary.
SpaceSail opens new fundraising round for its Qianfan megaconstellation
Per Securities Times via Reuters: up to three new investors for at most a 20% combined stake to fund constellation buildout.
GATE Space wins EUR 6.3 million from the EU's EIC Accelerator for satellite propulsion
The Vienna TU Wien spinout gets grants and equity to industrialise its chemical Jetpack thrusters, per SpaceNews.
Bezos Earth Fund commits $26 million to Earth Fire Alliance's FireSat constellation
The fund calls it the largest single philanthropic grant to wildfire detection; Muon Space builds the satellites.
Dawn Aerospace closes $25 million Series B at a $195 million valuation
Balerion Space Ventures led the round; Dawn says it is cash-flow positive with 200 thrusters flown on 50+ satellites.
SpaceX goes public on Nasdaq, raising $75 billion in the largest IPO on record
SpaceX sold 555.6M shares at $135 and closed its first day near $161, a $2.1 trillion valuation, per CNBC.
SpaceX priced 555,555,555 Class A shares at $135.00 each in its initial public offering, for proceeds to the company before expenses of $74,499,999,925, and began trading on Nasdaq on June 12 under the ticker SPCX. Per its prospectus, underwriters hold a 30-day option for up to 83,333,333 additional shares, and Elon Musk retains about 82.4% of voting power after the offering through the dual-class structure. Per CNBC, the stock opened at $150, closed near $161, up 19%, valuing the company around $2.1 trillion, with more than 500 million shares traded on the first day; TechCrunch called it the largest IPO in history, eclipsing Saudi Aramco's 2019 debut.
SatSure wins Rs 24.6 crore IN-SPACe grant to build sovereign Earth observation AI models
Per Reuters: a $2.57M Technology Adoption Fund grant to develop AI models for Earth observation, one of three projects selected.
ICEYE raises EUR 450 million Series F led by General Atlantic at over EUR 10 billion
ICEYE's primary Series F values the SAR operator above EUR 10B; the full round tops EUR 1B with a secondary placement.
Redwire sets up $500 million at-the-market equity program, replacing May facility
A new ATM agreement with 10 banks allows up to $500M in share sales; the month-old May ATM was terminated the same day.
Quantum Space to go public via SPAC merger at a $1.2 billion post-deal value
The Bridenstine-led spacecraft maker merges with Inflection Point VI, with a $300M PIPE, targeting Nasdaq as QSPC in Q4.
NewOrbit raises $18.5 million Series A to build VLEO satellites, led by Voyager Ventures
The UK startup targets 200-300 km very low Earth orbit with air-breathing ion propulsion; first flight planned for 2028.
Planet Labs sets up $1.5 billion at-the-market equity offering program
Planet Labs can now sell up to $1.5 billion in shares over time through banks acting as sales agents.