EU Launches €10.6B Satellite Constellation to Rival Elon Musk's Starlink
The European Union signs €10.6B deal to launch 300 satellites, rivaling Elon Musk's Starlink, to boost digital sovereignty and secure government communications.
Space Tech
Lumen Orbit Raises $11M to Build Data Centers in Space, Aims to Revolutionize AI Computing
Lumen Orbit, a startup building orbital data centers, closes $11M seed round at $40M valuation, with plans to launch demonstrator satellite in May and revolutionize AI computing.
Space Startup SpinLaunch Raises $11.5 Million, Falls Short of Ambitious $350 Million Goal
SpinLaunch secures $11.5 million in funding, but misses initial target of $350 million to compete with Starlink's satellite constellation
Ex-Google CEO Eric Schmidt Takes Helm at Relativity Space, Boosting Big Tech's Space Ambitions
Former Google CEO Eric Schmidt becomes CEO of Relativity Space, a rocket startup, marking another Big Tech exec's foray into space exploration.