Finance

SpinLaunch, the kinetic space launch company, announces it has raised $30 million in funding. This will accelerate the deployment of its Meridian Space constellation. The company says it is building a new cost-efficient model for LEO (Low-Earth Orbit) satellite broadband communications. The funding includes new investment from existing investors, including lead investor ATW Partners. It also includes previously announced strategic ...

Synopsys has completed the acquisition of Ansys. The $35bn deal brings Ansys’ predictive simulation and analysis tools into the Synopsys family for design tools using AI. “The increasing complexity of developing intelligent systems demands design solutions with a deeper integration of electronics and physics, enhanced by AI,” said Sassine Ghazi, president and CEO of Synopsys (pictured). “Today marks a transformational ...

Varda Space Industries, the microgravity-enabled life sciences company, has raised a further $187 million in Series C funding for in space pharmaceutical manufacturing. It brings the total amount of capital it has raised to $329 million. The latest investment was led by Natural Capital and Shrug Capital. Also participating were Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital, ...

Firefly Aerospace, the U.S. space and defence technology company, is looking to go public on Nasdaq. The company has registered with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of shares of its common stock, it has announced. The number of shares, and their pricing, has yet to be determined. Nasdaq Firefly says it will ...

There is a general consensus and belief that chiplets are the future, said Abhijeet Chakraborty, VP engineering, Synopsys. There are, however, no illusions about some of the challenges or obstacles that have to be addressed, he added. The first of these is interoperability and standards. Access to chiplets is essential to design any complex, large system, Chakraborty told Electronics Weekly ...

Interstellar Technologies, the Japanese space transportation company, has raised $61.8 million (¥8.9 billion) in its Series F funding round. The new investors are: Sumitomo Mitsui Banking Corporation, Space Frontiers Fund II (operated by SPARX Asset Management), and Japanet Holdings. The company says the investment will help scale the manufacturing of its orbital launch vehicle, ZERO, for high-frequency launches. Space infrastructure ...

Eutelsat, the Paris-based satellite operator, is looking for a capital boost of €1.5 billion, and the UK government is among those participating in the funding raise. The government is joining The French State via the APE (Agence des Participations de l’Etat). Also, taking part is Bharti Space Limited, CMA CGM, and FSP. Investment Basically, the UK government is looking to ...

Skynopy, the end-to-end ground station service startup, has raised €15 million in a funding round that includes the French government. Those investing include Alven, Expansion, Omnes and CNES, the French national space agency. Heartcore, the European fund that has previously lead Skynopy’s investments, also participated in the round. This investment supports the startup’s ambition to deploy a global network of ...

The UK government has confirmed plans to allocate a further £35 million for the semiconductor talent expansion programme. The new semiconductor-focused funding is part of a wider Digital and Technologies Sector Plan. This is a set of announcements under the government’s Industrial Strategy. Specifically, the £35 million will be used to scale up and continue the recently announced Semiconductor Talent ...

Impulse Space – a Californian in-space transportation startup – has raised $300 million in a Series C funding round. The round, which was led by Linse Capital, brings Impulse’s total capital raised to $525 million. There was also participation from new investor DFJ Growth and returning investors included Valor Equity Partners, Founders Fund, Lux Capital, RTX Ventures, and Airbus Ventures ...