Business News

Latest space news in the Business category

May 2BioOrbit Raises £9.8M Seed to Manufacture Cancer Drugs in OrbitUK startup BioOrbit has closed the largest-ever seed round for in-space drug manufacturing, aiming to crystallise cancer therapies in microgravity for at-home use.
Apr 12China's Commercial Space Boom Accelerates with 600+ Companies and Reusable RocketsChina's commercial space sector enters its watershed year in 2026 with over 600 companies, 11 reusable rocket programs, and multiple IPOs on the horizon.
Apr 6Space Startups Participating in Artemis: Intuitive MachinesNASA’s Artemis program is humanity’s most ambitious return to the Moon, and commercial partners like Intuitive Machines are playing a crucial supporting role in making it happen.
Mar 8Equatys D2D Satellite Network Plan Unveiled by ViasatViasat and Space42 shared progress on Equatys, their joint venture to build a 2,800-satellite D2D infrastructure platform, at Mobile World Congress 2026.
Mar 8Vast Secures $500M to Accelerate Haven Space StationsVast raises $300M Series A equity and $200M in debt to advance Haven-1 and Haven-2 commercial space stations as the ISS nears retirement in 2030.
Mar 1ISPTech Raises €5.5M to Scale Non-Toxic PropulsionGerman space startup ISPTech secures €5.5M in seed funding led by Join Capital to expand manufacturing and deploy its green propulsion systems for satellites.
Feb 27Sophia Space Raises $10M Seed RoundPasadena-based Sophia Space closes a $10M seed round to develop modular space computers, targeting orbital data centers by the 2030s.
Feb 12SpaceX Acquires xAI in $1.25 Trillion MergerElon Musk merges SpaceX and xAI in a mega-deal valued at $1.25 trillion, setting up a potential SpaceX IPO and a push to explore space-based AI infrastructure.