We are happy to announce that we have raised $650,000 in seed funding from @winklevosscap, @aweissman, @sammcingvale, @litcapital, @juliadewahl and a variety of investors. Thread 👇.

.@VardaSpace closed a $187M Series C, bringing the company’s total capital raised to $329M. The new funds will support the company’s pharmaceutical dreams, and help ramp up the flight cadence of its reentry vehicle.

The government could require future satellites to be ready for servicing or in-space refueling missions as a way to help the fledgling ISAM industry, according to a GAO report released Thursday.

.@Esa selected just five winners for the first stage of the ELC this week from a pool of a dozen applicants. Some of the companies not moving to the next round include UK-based @Skyrora_Ltd, and France-based @Latitude_eu.

.@ASDEurospace, a European aerospace and defense industry think tank, released its facts & figures report this week, throwing cold water on the idea that the European space industry is in the midst of an unstoppable upswing.

RT @itsmoislam: Chris Kemp (@Kemp) took @Astra public in 2021 with a bold vision: low-cost rockets launching daily, bringing sovereign spac….

.@CisLunarInd announced $1M in seed funding from the Colorado ONE Fund today. The investment will help CisLunar hire more engineers and scale the production of its power processing units (PPUs), CEO Gary Calnan told Payload.

.@NorthwoodSpace, the El Segundo, CA-based satellite ground segment startup, announced yesterday that its production terminal—called Portal—passed its first operational tests ahead of deployment later this year.

Veterans of @SpaceX's hiring team have launched a new, hard tech venture fund with a unique approach to working with portfolio companies: They help find the right talent to boost early-stage startups.

.@EnduroSat, the Bulgarian satellite manufacturer and service provider, has announced the appointment of Rusty Thomas to lead its US business.

RT @tectonicdefense: From @PortalSpaceSys's Jeff Thornburg, here's what people get wrong about NASA and SpaceX. NASA can't fail, but SpaceX….

.@Esa selected the winners of the first stage of its European Launcher Challenge (ELC). Each launcher now stands the chance to win a maximum of €169M ($198.3M).

Lunar Helium-3 Mining, LLC (LH3M) secured its fifth US patent last month, covering the company’s end-to-end architecture for He-3 detection, extraction, and refinement on the Moon.

.@K2SpaceCo, the CA-based startup building low-cost, high-power satellites optimized for MEO, has spent the last year buying down risk and burning up fuel in preparation for its first customer mission in February 2026.

The fireworks were a little bigger at Boeing’s Independence Day celebrations: On July 3, SSC awarded the company a $2.8B contract to deliver two highly secure communications satellites for nuclear command and control.

If Monopoly made a rocket themed board game, @Exolaunch would have a hotel on every space. The Berlin-based launch integrator announced a partnership with @orbexspace to sell satellite operators a ride on the UK launcher’s Prime and Proxima rockets.

.@AstSpacemobile and its long-time investor, @vodafone, deepened their partnership this week with the formation of a new joint venture—SatCo—in Luxembourg.

What’s the purpose of a SBIR award? That’s the question at the heart of a lawsuit York Space Systems has filed against the military, over a contract awarded to fellow satellite builder Apex Space.

RT @PortalSpaceSys: 🖖 “We couldn’t make Star Trek happen if we didn’t innovate the engines that push humanity around.”. Portal CEO @JeffTho….

The future of the US lunar return hinges on @SpaceX and @blueorigin’s development of landers that can bring astronauts from the Orion spacecraft down to the surface of the Moon.

Outside of a few hubs, space policymakers rarely have technical expertise to rely on when crafting rules that will guide the industry—and engineers creating the next wave of space tech rarely think about how their systems will be governed.