Satellite Spotlight | IPOs, Mega Mergers & the Mixed Reality Race

Firefly to go public. ByteDance builds VR/MR glasses. SES-Intelsat, Varda & RealSense mark a breakout M&A wave. An Imagining Forward Newsletter, Edition 30

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space brew

deal flow

government

  • Redwire’s Edge Autonomy earns DIU UAS Blue List recognition, expanding U.S. ISR procurement market (SN).

seed

  • Knox challenges Palantir monopoly with $6.5M Seed by Felicis to scale FedRAMP security compliance software (TC).

  • Cobionix raises $3M by Microsoft-backed TitletownTech to scale autonomous medical robotics in hospitals (BK).

series A+

  • RealSense raises $50M Series A in Intel divestiture, expanding 3D perception in robotics (TC).

  • Illimis Therapeutics finances $42M Series B for Alzheimer’s treatments targeting TAM receptors (LT).

  • Varda Space raises $187M Series C by Natural Capital, Peter Thiel, Khosla to build out orbital pharma lab (PR).

public & m&a

  • SES-Intelsat $3.1B merger consolidates 95% of USA’s C-band satellite media distribution (VS).

  • Gilat secures $22M global orders scaling up the IFC market (SN).

headlines

🚀

  • Space Forge, Intuitive Machines, & Texas Space Commission partner to advance orbital semiconductor manufacturing (SD).

  • DoD boosts ISR drone manufacturing & real-time inventory marketplace for precision on-demand defense (AT).

  • Rocket Lab & Bollinger Shipyards partner to build out rocket launch platform in Virginia by 2026 (SD).

🤖

  • Meta pairs 5GW Hyperion & 1GW Prometheus data center expansion with talent poaching to lock advantage vs OpenAI & DeepMind (TC).

  • Rainmaker & Atmo partner to scale on-demand climate management with cloud seeding drones (TC).

  • Terbine expands machine interoperability across NVIDIA edge compute processors servicing public to defense networks.

🔬

  • NutriSelect.ai & Radicle Science partner to drive longevity innovation in dietary supplements (AR).

community spotlight

today, 07/15
  • AI x Bio x LifeX.vc x SVB (SF).

  • Radical tech x Embryo Corp (SF).

  • Andrew’s rooftop mixer (NYC).

  • Climate changemakers (NYC).

wednesday, 07/16
  • Deep tech networking x JPM (NYC).

  • Health2tech (NYC).

thursday, 07/17

  • Data in power (NYC).

  • Social ladies wine night (LA).

  • AgeTech meetup (LA).

  • Blue tech x AI meetup (LA).

friday, 07/18

  • NASA JPL space tour (LA).

saturday, 07/19

  • Climate palooza (LA).

  • Longevity meetup (SF).

sunday, 07/20

  • Sailing sundays (NYC).

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