Satellite Spotlight | Radical AI Raises $55M as Booz, Ambiq Fuel Next-Gen Defense

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space brew

deal flow

government

• Orbit Fab wins $870k by ESA ARTES for in-orbit refueling to extend satcom lifespan (PR).

• Solestial wins $1.2M SpaceWERX award for scalable solar modules on small satellites (PR).

• Skydio secures $9.4M from Norwegian MoD for sUAS in contested zones (AT).

• Honeywell wins DoD TQS award for spoof-free, quantum sensors for ISR & PNT (AT).

• Hydrosat wins NRO follow-on for thermal ISR over 10M+ sq km of Earth (PS).

seed

• Radical AI raises $55M Seed+ by RTX, NVentures to expand advanced material availability (PS).

• Auriga Space raises $4.6M Seed by OTB & Seraphim + $1.2M by AFWERX/SpaceWERX for on-demand hypersonic launch (TC).

series A+

• Hadrian raises $260M debt & equity by Morgan Stanley, Founders Fund & Lux to onshore component manufacturing (NW).

• Rune raises $24M Series A by Human capital, a16z, XYZ for military mission command logistics (TC).

• Quadsat raises $5.8M Series A by Join, Seraphim for RF jamming & precision detection in multi-domain warfare (VS).

public & m&a

• Google pays Brookfield $3B for 3GW hydropower to scale compute (TC).

• Apple commits $500M to MP Materials for neodymium magnets to secure rare earth supply (TC).

• Ambiq Micro seeks to raise $85M IPO for $426M market cap for on-device AI chips (BBG).

headlines

🚀

• Astroscale partners with NASA GSFC for RPOD & orbital refueling in GEO (SN).

• Planet partners with Colombia for geospatial analytics in land & urban planning (VS).

• York Space Systems to acquire ATLAS ground comms IP for Golden Dome defense (SN).

• Capella Space places RF antenna orders with Tendeg for SAR constellation (SN).

🤖

• L3Harris partners with Arkansas Gov. Sanders to scale domestic LSRM production for national security (SN).

• Booz Allen triples venture capital to $300M for dual use defense tech (FM).

• Microsoft purchases 4.9 ton of carbon credits from Vaulted Deep to offset data center emissions (TC).

community spotlight

today, 07/22

• Junto founder dinner (NYC).

• Happy hour (NYC).

• Hormone optimization x Equinox (SF).

• Wearables x Surreal (SF).

• Game development (SF).

wednesday, 07/23

• Healthtech happy hour (NYC).

thursday, 07/24

• Health & wellness happy hour (NYC).

• Aerospace meetup (LA).

• Deep tech fireside (SF).

friday, 07/25

• Pizza & ice cream pop up (LA).

saturday, 07/26

• Climate picnic (NYC).

• Women in climate investing x Brookfield (NYC).

• Tech BBQ (LA).

sunday, 07/27

• Sailing sundays (NYC).

• Climate cafe (NYC).

Take me to the full events calendar of 2025.

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