News

The European Investment Bank (EIB) is lending Sateliot 30 million euros ($32 million) to help the Spanish remote connectivity startup add 16 more nanosatellites to its low Earth orbit network before the end of 2025.

German materials technology startup FibreCoat raised nearly 20 million euros ($21 million) in a Series B funding round announced Dec. 4. NewSpace Capital and Goose Capital jointly led the funding round.

With Trump returning to the White House, NASA faces an uncertain future as policy shifts, budget cuts, and Elon Musk’s growing influence reshape U.S. space exploration.

The space and defense sectors are preparing for potential policy shifts if Donald Trump, currently leading in Republican primary polls, returns to the White House. Industry leaders anticipate changes in military space priorities, funding, and international alliances.

Thales Alenia Space has successfully launched the Koreasat 6A communications satellite for South Korea. This next-generation satellite will enhance broadband and broadcasting services across Korea, marking a significant upgrade in regional connectivity and resilience.

The European Commission has accepted the final offer for its IRIS² constellation, advancing plans for a secure satellite network to boost European connectivity and resilience. The project aims to strengthen Europe’s autonomy in space-based communications.