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Satellite Spotlight | Tariff u-turn bolsters deep tech domain
An Imagining Forward Newsletter, Edition #22

space brew
deal flow
government
USSF awards $17.6M contracts to Sphinx Defense & Auria Space to modernize satcoms infrastructure (SN).
Cambrian Works wins $1.25M AFWERX SBIR contract to expand capabilities for in-orbit information sharing (SN).
Rocket Lab & USAF partner on medium lift launch vehicles to ease cargo logistics (SN).
USSF-SCC awards GA-EMS SBIR contract for high capacity DoD communications in bLEO (SN).
seed
Intrepid Labs exits stealth with $11M by Avant Bio, Radical Ventures, to scale robotic lab (BK).
series A+
X-Bow raises $105M Series B by Razor’s Edge, Crosslinks, Balerion & partners with LMT to vertically integrate rocket propulsion (SN).
m&a
Rheinmetall and ICEYE partner to bolster sovereign defense scaling SAR manufacturing & reach (PS).
Alchemlab & Eli Lilly announce $415M licensing deal to commercialize neurodegenerative drug (LT).
Function Health acquires Ezra adding MRI scans for early cancer detection & preventative diagnostics (LT).
Honeywell & Vertical Aerospace partner to accelerate delivery of 150 eVTOLs by 2030 (AT).
headlines
🚀
Eaton invests $18.5M to expand aerospace production capacity in NY (SN).
🤖
community spotlight
today, 05/13
Safetech summit (NY).
wednesday, 05/14
Pharma forum x Baker Labs (SF).
thursday, 05/15
sunday, 05/18
Human longevity gathering (LA).
monday, 05/19
Robotics meetup (SF).
upcoming
cosmic weekly insights

OpEd
Budget cuts and the fraying of international partnerships by Jeff Foust (SR).
💻 Imagining Forward Website: Upcoming events & more.
🤝 2025 Calendar: Must-attend space tech, deep tech events in North America.
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