ISPTech—a German startup developing in-space propulsion systems reliant on non-toxic fuel—announced a €5.5M seed round today to ramp up its production of green spacecraft thrusters. https://lnkd.in/gfng5xPN
About us
We cover the business and policy of space. We publish Payload, a daily newsletter that goes out at 9am ET M-F, the Pathfinder podcast, Polaris, a weekly newsletter covering the policy of space, and Payload Pro, a market intelligence product covering the space industry.
- Website
-
https://www.payloadspace.com/
External link for Payload
- Industry
- Internet News
- Company size
- 11-50 employees
- Headquarters
- Santa Monica, California
- Type
- Privately Held
Locations
-
Primary
Get directions
2919 Main St
Santa Monica, California 90405, US
Employees at Payload
Updates
-
German engineering just entered the quantum realm. A consortium of German companies announced that it successfully tested two-way quantum key distribution (QKD) transmission using commercially available hardware for the first time. https://lnkd.in/ggY8XB8d
-
CesiumAstro announced that it had acquired Vidrovr, a company that focuses on prioritizing tasks and automating repetitive processes with the help of AI. CesiumAstro is the second company this month to rely on M&A to boost AI tech, after SpaceX acquired xAI (both owned by Elon Musk). https://lnkd.in/gD_JCahw
-
Phantom Space just got a boatload of pre-owned toys to play with. The AZ-based launch startup announced that it acquired assets and IP belonging to Vector Launch—another Arizona launch hopeful that filed for bankruptcy in 2019, and attempted, unsuccessfully, to revive its launch dreams under new management in the years since. https://lnkd.in/g-UAAJDZ
-
NordSpace launched NordSpace Ventures, which will make investments in “Canadian space, defense, and dual-use technologies”—starting with Wyvern, an EO company based in Edmonton, AB. https://lnkd.in/dnrw9YXb
-
Payload reposted this
JUST DROPPED: EP 2 of the "Space & Defense Market Update" straight from the exchange floor @ NYSE! This month, Jack and I break down: – York Space Systems’s IPO and what it signals – Investor rotation out of software and into hardware – Recent A&D fundraises (CesiumAstro, Aalyria, Skyryse, Noveon Magnetics Inc., Axiom Space, Stoke Space, Harmattan AI) – Blue Origin’s breakout month of announcements – A key market question: will Starship serve commercial markets if capacity is increasingly consumed by SpaceX’s internal demand? Check it out below (or on Youtube, link in comments) 👇
-
Intuitive Machines announced a $175M strategic equity investment led by unnamed “global institutional investors.” The money will allow the Moon-bound company, which acquired Lantaris Space Systems last month, to invest in comms and data-processing tech. https://lnkd.in/dHag-2Wt
-
Charter Space launched its own insurance brokerage—the Charter Interplanetary Risk Corporation (CIRC)—to help space companies secure coverage for their missions and underlying businesses. https://lnkd.in/dKNuxcf6
-
The European Investment Bank (EIB) extended €25M ($29.5M) in venture debt financing to Luxembourg-based D2D satellite operator OQ Technology. The company will use the money to develop and launch 20+ sats in the next two years. https://lnkd.in/gmEUxQKF
-
Rep. Don Beyer and Rep. Pat Harrigan introduced the Methane Monitoring Science Act that would task NASA to improve the nation’s ability to detect cow farts—and all other forms of methane leaks. https://lnkd.in/gmarcN8m