HyImpulse Technologies, a launch services provider, has secured an additional €30 million in financing, including raising €15 million in equity capital, as part of its Series A funding round. The company, which is based in Heilbronn in Baden-Württemberg, says it will use the new capital to speed development of its SL1 (Small Launcher) orbital rocket. It will also expand its ...
Stoke Space has raised $510m in Series D funding, supporting the first launch of its reusable Nova rocket. The company is looking to build the world’s first 100% reusable medium-lift rocket, it says. For example, for the high-frequency access to orbit required by satellite constellation deployment. The latest investment round was led by Thomas Tull’s USIT (US Innovative Technology Fund). ...
Spending on 300mm fab equipment is expected to reach $107bn in 2025, according to the 300mmm Fab Outlook report by SEMI. The sector is expected to grow 7% this year and 9% in 2026 to reach $116bn, a 4% increase in 2027 followed by a 15% increase and total worldwide expenditure of $138bn in 2028. Over the next three years, ...
Packaging and test company, Amkor Technology, has broken ground on its new facility in Preoria, Arizona. It has increased investment of the facility from $2bn to $7bn across two phases, adding cleanroom space and a a second greenfield packaging and test facility. Amkor Technology said the site will be the first US-based high volume advanced packaging facility and campus, with ...
At Microelectronics UK (24-25 September), Kanishka Narayan, Minister of State for semiconductors, emerging technology, AI and online safety announced investment designed to support the UK semiconductor industry. The exhibition and conference for the microlectronics supply chain was held in London’s Excel Centre. In his keynote, the minister highlighted that the government is investing £10m in a new initiative with Innovate ...
Apex, a startup satellite manufacturer, has raised $200 million in Series D funding. It brings the company valuation to $1 billion, reports Reuters. The Los Angeles-based company said the funding will be used to double the size of its manufacturing facilities and significantly increase spacecraft production. The latest round was led by Interlagos, with existing investors including Andreessen Horowitz, Point72 ...
Rendezvous Robotics is a new startup, emerging from stealth mode to announce a $3 million pre-seed funding round. Its patented modular tile technology, TESSERAE, supports in-space assembly. Basically, it could enable large-scale infrastructure being built in orbit. Backers include Mana Ventures, ATX Venture Partners and 8090 Industries. The company describes its approach as flat-packed, modular systems for autonomously assembling infrastructure. ...
Cailabs, the French ground station company specialising in photonics, has raised €57 million to increase optical ground station production and its commercial expansion. The funding round was led by the European Investment Bank (EIB). Note that the investment combines a €37 million of its own financing from the EIB and a €20 million investment from other parties. These include the ...
Aerospacelab, the Belgian satellite manufacturer, has closed an extended Series B funding round totaling €94 million EUR ($110 million). “This Series B is more than just capital — it’s a strong endorsement of our vision to deliver and scale our manufacturing capabilities powering the next generation of constellations”, said Benoît Deper, CEO and Founder of the Charleroi-based company. “It reinforces ...
CNES, the French Space Agency, has awarded a €31 million contract to UNIVITY, a French satellite communications company, to develop space-based 5G for terrestrial application. The plan is for a fully integrated 5G non-terrestrial network, designed and built in France. It will be combining VLEO (very low Earth orbit) satellites with terrestrial infrastructure. CNES (Centre National d’Etudes Spatiales) is the ...
