K2 Space Corp. Space Raises $250M to
Build High-Power “Mega-Class” Satellites at Scale (Source:
Startup Times)
K2 Space Corporation, the California satellite manufacturer founded in
2022, closed a $250 million funding round December 2025 at a reported
valuation of roughly $3 billion. The company says the capital will
accelerate factory scale-up, fund its first Mega-Class launches and
back an ambitious production target that aims to shift satellite
economics by making much higher-power spacecraft more cost-effective.
(12/31)
Amazon Expands Space Coast Footprint
With $6.1 Million Land Buy (Source: Talk of Titusville)
Amazon’s recent $6.1 million purchase of 45 acres in Titusville is
fueling speculation that the site will support Amazon Leo, the
company’s newly rebranded satellite internet service. The acquisition
of three parcels along U.S. Route 1 across the Indian River from the
Cape Canaveral Spaceport, finalized on Dec. 11, places Amazon in a
prime position to expand its aerospace infrastructure. (12/31)
SpaceX Prepares to Double Output at
Texas Starlink Factory (Source: PC Mag)
Will 2026 bring cheaper Starlink hardware? It will certainly be more
plentiful as SpaceX prepares to double the manufacturing output at its
Starlink factory in Bastrop, Texas. The Texas factory was originally
producing 15,000 Starlink dishes per day, or about 105,000 per week.
But the site has since added 1 million more square feet. As a result,
"Starlink has ramped up production capabilities to over 170,000
Starlink kits per week across the United States,” or around 9 million
dishes per year, SpaceX says . (1/2)
SpainSat NG 2, Launched in Oct,
Suffers Anomaly Ascribed to ‘Space Particle’ on Way to GEO; Insured for
$400 Million (Source: Space Intel Report)
The SpainSat NG 2 military telecommunications satellite launched in
October has suffered a failure that owner Indra Group said was caused
by “the impact of a space particle” as the satellite was making its way
to its final position in geostationary orbit. In its Jan. 2
statement, Indra, which as of Jan. 1 is majority-owner of commercial
satellite fleet operator Hispasat and the Hisdesat military satellite
operator, which owns the satellite, said Hisdesat has implemented a
contingency plan. (1/3)
SpaceX Opens 2026 with Launch of
Cosmo-SkyMed Earth Observation Satellite for Italy (Source:
Spaceflight Now)
SpaceX rang in the new year with a Falcon 9 rocket launch Friday
evening from Vandenberg Space Force Base in California. Aboard was a
1,700-kg (3,748 lb) Earth observation satellite with dual civilian and
military use for the government of Italy. The Cosmo-SkyMed Second
Generation Flight Model 3 (CSG-FM3) satellite is the third out of four
such satellites set to deploy into low Earth orbit. (1/2)
After Half a Decade, the Russian Space
Station Segment Stopped Leaking (Source: Ars Technica)
A small section of the International Space Station that has experienced
persistent leaks for years appears to have stopped venting atmosphere
into space. The leaks were caused by microscopic structural cracks
inside the small PrK module on the Russian segment of the space
station, which lies between a Progress spacecraft airlock and the
Zvezda module. The problem has been a long-running worry for Russian
and US operators of the station, especially after the rate of leakage
doubled in 2024. This prompted NASA officials to label the leak as a
“high likelihood” and “high consequence” risk. (1/2)
Globalstar Outlines its Planned
48-Satellite Constellation, Part of a $1 Billion Investment (Source:
Space Intel Report)
Mobile satellite services provider Globalstar said its new
constellation being built mainly with Apple financing will include 54
satellites, including six in-orbit spares, operating from the same
1,414-kilometer orbit as the Globalstar’s current 24-satellite
constellation. In a Dec. 30 filing with the US Federal Communications
Commission (FCC), made as part of Globalstar’s ongoing request for an
FCC operating license for the new constellation, Globalstar said the 17
satellites designed to replenish the existing fleet would be launched
“by late 2026". (1/2)
2025’s Top VC Funding Rounds
(Source: Payload)
2025 was the year of the nine-figure funding round. Several space
companies raised mega dollars last year. Here are some of the
highlights: Stoke raised a $510M in October and $260M in January.
Impulse closed on $300M in June. True Anomaly closed a $260M round in
May. K2 closed a $250M round in December, and $110M in February. Apex
raised a pair of $200M rounds in April in September. Loft Orbital
closed a $170M round in January. Ursa Major raised $100M in November.
EnduroSat closed a $100M+ round in October. (1/2)
Starfighters Space Completes $40
Million IPO (Source: Vintage Aviation News)
Starfighters Space announced the completion of its Regulation A Initial
Public Offering on December 18, raising $40 million through the sale of
more than 11 million shares of common stock. The milestone positions
the Florida-based company, which operates a fleet of supersonic F-104
Starfighters from NASA’s Kennedy Space Center, to expand its STARLAUNCH
programs and meet growing global demand for commercial satellite and
payload launches. (12/30)
AST SpaceMobile (ASTS) Soars on
Bargain-Hunting (Source: Insider Money)
We recently published 10 Stocks on Fire Ahead of 2026. AST SpaceMobile
is one of the best performers on Tuesday. AST SpaceMobile rebounded by
4.49 percent on Tuesday to close at $74.68 apiece as investors resorted
to bargain-hunting following a three-day losing streak. Despite the
company’s absence of fresh catalysts, the rally reflected strong
investor confidence supported by the recent successful launch of its
next-generation satellite into low Earth orbit. (12/31)
Forging a Human-Machine Partnership to
Power the Next Era of Space Exploration (Source: JHU)
Key to Artemis missions are rovers, satellites, and robotic
infrastructure to conduct experiments and remain in contact with Earth.
The potential of this technology brought industry leaders to the Johns
Hopkins University Bloomberg Center for a workshop focused on
human-machine teaming in space, a process where people and systems
share work as a team. NASA and other space agencies are developing
operations in which astronauts teleoperate robots in orbit and allow
humans to oversee robotic tasks, such as docking. This showcases how
these human-machine partnerships can expand capabilities. (1/2)
Terran Orbital Selected by Lockheed
Martin to Provide Satellite Buses for SDA’s Tranche 3 Tracking Layer (Source:
Space News)
Terran Orbital, a leading manufacturer of small satellites primarily
serving the aerospace and defense industries, announced today that it
has been selected by Lockheed Martin to provide satellite buses for the
Tranche 3 Tracking Layer (T3TRK) under the Space Development Agency’s
(SDA) Proliferated Warfighter Space Architecture (PWSA). Lockheed
Martin will deliver 18 missile-warning, tracking, and defense space
vehicles for SDA’s Tranche 3 Tracking Layer. Terran Orbital will supply
the satellite bus platforms that form the structural and avionics
backbone of the space vehicles. (12/1)
Artemis II Highlights Busy 2026 Launch
Plans at Cape Canaveral Spaceport (Source: Orlando Sentinel)
The planned Artemis II launch is the highlight of what will be a busy
year on the Space Coast, which just came off a record 109 launches at
the Cape Canaveral Spaceport. The mission aims to fly from KSC as early
as Feb. 5 and no later than April, sending its crew of four on a 10-day
trip to ensure their ride, the Orion spacecraft, can support human
spaceflight. Then Astrobotic, Blue Origin, Firefly, and Intuitive
Machines launch their lunar landers.
Blue Origin, fresh off its successful November New Glenn launch and
landing, aims to fly its Blue Moon MK1 lunar lander in the front end of
the year. Astrobotic’s large Griffin lander is set to launch atop a
SpaceX Falcon Heavy from KSC no earlier than July. Intuitive Machines
could fly even earlier on its third attempt to stick the landing of its
Nova-C lander. It will fly atop a Falcon 9 along with the company’s
first lunar data relay satellite, although a target launch date has yet
to be announced. Firefly will make its second trip to the moon with
both its Blue Ghost lander and Elytra Dark orbital vehicle. The company
has not announced its launch service provider or target launch date.
Boeing’s beleaguered Starliner spacecraft will make a cargo only flight
to the ISS no earlier than April, launching atop a ULA Atlas V. If
successful, Boeing could then be chosen to work alongside SpaceX for
the remainder of rotational crewed missions to the space station before
its retirement planned for 2030. For now, SpaceX remains the only
operational crew option for the ISS. Its next rotational mission is
Crew-12 aiming to fly as early as Feb. 15. (12/30)
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