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community spotlight
weekly industry meetups
view calendar - it’s NY Deep Tech week
wednesday, 04/01
thursday, 04/02
friday, 04/03
monday, 04/06
upcoming
RoboHacks x NASA x DeepMind x YC (SF).
Space Symposium (Colorado Springs).
space brew
weekly capital flows
government
Honeywell wins $500M DoW supplier award for navigation systems, Assure actuators & EW for military ops & munitions (AT).
Kratos wins $447M USSF award for missile warning & tracking in MEO (US).
DOE invests $320M across 217 university projects in fusion energy, quantum, nuclear, & materials (EG).
Intuitive Machines wins $180M NASA award for lunar payloads (X).
BlackSky wins $99M AFRL IDIQ award for gen3+ larger aperture optical payloads for SDA & EO (BS).
Wyvern wins $3M RDII PrairiesCan award for maritime ISR (SQ).
Ovzon wins $1.3M DoW contract for satcom terminals for ongoing war (VS).
Redwire & Aerospacelab win Belgian Defense award for national security satellites (VS).
pre seed / seed
Nomadic raises $8.4M Seed at $50M valuation by TQ, Pear for AI classification of autonomous vehicle data (TC).
Huskeys exits stealth with $8M Seed for edge security stack (SW).
TerraSpark raises $5.8M Pre Seed by Daphni, Sake Bosch for space-to-earth energy transmission (TTV).
Nature Robots raises $4.6M Seed by Climentum, Bayern for autonomous machines in agriculture (TTV).
Arinna raises $4M Seed by Spacecadet, Anorak, Breakthrough Energy for reusable space fleets (TC).
series A+
Saronic raises $1.8B Series D at $9.25B valuation by Kleiner Perkins for autonomous ship & Texas shipyard (CNBC).
ShieldAI raises $1.5B Series G & $500M financing at $12.7B valuation by JPM, Snowpoint, Riot, Blackstone to acquire Aechelon defense simulation software (SA).
Rebellions raises $400M Series C by Mirae Asset, Korea National Growth Fund for AI inference chip infrastructure (TC).
Starcloud raises $170M Series A at $1.1B valuation by Benchmark, EQT for orbital data centers at $0.05 kW/hr of power (TC).
Xona raises $170M Series C by Mohari, Natural, Craft, IONIQ for GPS constellation for PNT (PS).
PDW raises $110M Series B financing by Hood River, Hanwha AM, Booz Allen Hamilton for military combat small drones (GC).
Antaris raises $28M Series A by WestWave, Lockheed Martin Ventures for autonomous satellite for ISR (AH).
Lucid Bots raises $20M Series B by Cubit Capital, Idea Fund Partners for commercial cleaning drones (TC).
Bellatrix raises $20M Pre Series B for satellite propulsion infrastructure (X).
VITL raises $7.5M Series A by SignalFire for cash-pay e-prescription services (TC).
m&a
IPO / public
Xanadu (XNDU) debuts on TSX & NASDAQ raising $302M for photonic quantum computing & quantum data centers (BW).
SK Hynix eyes U.S. IPO to raise $10B - $14B for high-bandwidth memory factories in Korea & Indiana (TC).
Redwire & Moog sign $12.8M contract to power satellite buses with solar array wings (VS).
DOE offers $500M for critical minerals & batteries manufacturing.
CDOA offers $5000 & prime awards for swarm forge & robotic warfare white paper.
2048VC offers $50K-$100K pitch awards for bio tech & deep tech.
CSA offers $3.6M for life science microgravity research on ISS by April 2027.
headlines
SES & K2 Space partner on MEO satellite infrastructure for C2, fiber-equivalent, 5G-NTN telecom (SES).
Synspective & Saudi Arabia’s NSG UP42 partner on SAR data for agriculture, maritime, disaster management (SYN).
ADMARES & ABB Robotics partner on next-gen modular housing construction in Australia (ADM).
Portal Space & Paladin Space partner on orbital debris removal-as-a-service in LEO (VS).
Flexell, Kongsberg NanoAvionics, Hanwha partner on next-gen solar arrays for South Korea’s sovereign LEO constellation (VS).
SATLANTIS & HEO partner on SDA imaging for national defense (SN).
Novaspace estimates High Throughput Satellite service revenue to reach $76B over 218 Tbps by 2034 (NS).
Ukraine, Saudi Arabia, Qatar & UAE partner on battle-tested air defense deals for UAV (AT).
Overmatch Ventures raises $250M fund for Seed & Series A deep tech startups (GV).
Microsoft & Crusoe expand 900MW - 2.1GW AI factory in Abilene, Texas (X).
2048 Ventures is offering up to $1.5M Pre-Seed for vertical AI, deep tech, bio tech startups.
orbital classifieds
Open funding rounds:
1 Aetherflux
Raising $250M - $350M Series B at a $2B valuation led by Index Ventures to power space data centers.
2 Physical Intelligence
Raising $1B at a $11B+ valuation to train general purpose robot AI models.
3 Impulse Space
Raising $400M at a $3.6B valuation for payload mobility services to LEO.
4 IO-ID Robotics
Raising $1M - $2M Seed for robots to automate auto OEM production lines.
5 SunOrbit
Raising $1M - $2M Seed to power space data centers. Deck.
6 Pixxel
Raising to expand global EO coverage.
Keen to lead or join? Dm me to access pitch decks & founder intros.
Open roles:
1 GruSpace (mech/avionics/thermal engineer).
2 Astrolab (avionics/software engineer).
Founders invite-only chat room. Join slack.
Investors invite-only deal flow. Join slack.
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