Finance

Skynopy, the end-to-end ground station service startup, has raised €15 million in a funding round that includes the French government. Those investing include Alven, Expansion, Omnes and CNES, the French national space agency. Heartcore, the European fund that has previously lead Skynopy’s investments, also participated in the round. This investment supports the startup’s ambition to deploy a global network of ...

The UK government has confirmed plans to allocate a further £35 million for the semiconductor talent expansion programme. The new semiconductor-focused funding is part of a wider Digital and Technologies Sector Plan. This is a set of announcements under the government’s Industrial Strategy. Specifically, the £35 million will be used to scale up and continue the recently announced Semiconductor Talent ...

Impulse Space – a Californian in-space transportation startup – has raised $300 million in a Series C funding round. The round, which was led by Linse Capital, brings Impulse’s total capital raised to $525 million. There was also participation from new investor DFJ Growth and returning investors included Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, and Airbus Ventures ...

Creotech Instruments has secured a €52 million European Space Agency (ESA) contract to build a Polish satellite constellation for Earth Observation. The work is for Project Camila, which stands for “Country awareness Mission in Land Analysis”. Under the contract, Creotech will provide a national constellation of at least three Earth observation satellites along with dedicated ground infrastructure. The contract also ...

The Orbital Edge Accelerator programme, which helps incubate space startups and is run by the ISS National Lab, is approaching its deadline. Beginning its launch last month, the accelerator is still open but companies only have until 19 May to apply for funding. Orbital Edge Six startups can receive an investment of up to $500,000. Following this there will be ...

CSignum, a startup for wireless IoT communications from beneath the surface, has completed a £6 million Series A funding round. The Edinburgh company says the investment will accelerate growth of its EM-2 family of products. These use patented electromagnetic field signalling (EMFS) for communicating through challenging sub-surface environments. For example, through water, ice, soil, rock and concrete to networks above ...

The Spanish satcoms startup Sateliot has closed its €70 million Series B funding round with the addition of €10 million from Hyperion Fund. The Hyperion investment follows those of SETT (a Spanish Government fund), Global Portfolio Investments, European Investment Bank (EIB) and shareholders including Indra, Cellnex, and SEPIDES. The company says it will fund the deployment of a constellation of ...

Power mosfet and wafer-maker IceMos Technology has pulled-in $22m of series-E funding, including $7.5m from 57 Stars, and money from un-named “earlier stage USA investors” and a “London-based investor”, said IceMos Headquartered in Arizona, IceMos has manufacturing in Northern Ireland, research in Arizona and a design center in Tokyo. Its wafer products include active layers attached to handle wafers using ...

The UK Space Agency has awarded a contract worth £1.8 million to SatixFy to develop a software suite for digital satellite payloads. The funding was awarded by the agency under its C-LEO (Connectivity in Low-Earth Orbit) programme. SatixFy SatixFy, the Israel-headquartered satellite comms specialist, is addressing demand for software-reconfigurable satellite payloads. It is developing advanced regenerative and digital beamforming software. ...

The European Space Agency (ESA) is funding £10 million for new facilities at the UK Astronomy Technology Centre (ATC), the research institute in Edinburgh. Specifically, new lab spaces will be built to assemble optical benches. These are for the Laser Interferometer Space Antenna (LISA) mission, investigating gravitational waves in space. The investment will approximately double UK ATC’s construction capabilities. Optical ...