Italian “space logistics” company D-Orbit announced its plan go public through a SPAC (Breeze Holdings Acquisition Corp) merger on 27 January 2022. The process is expected to complete quickly – anticipated close is in Q3 2022 – and will see the...
American “Space infrastructure” company Loft Orbit raised US$140 million in funding in December. Its largest fundraising round to date was led by BlackRock, the world’s largest asset manager and renowned for its investment in the space industry. Loft Orbital...
In November 2021 Rocket Lab announced its intention to purchase Planetary Systems Corporation (PSC), an American provider of spacecraft separation systems. This deal was for US$42m and completed on 1 December. Later in December Rocket revealed another purchase,...
Completing a process which began July this year Planet Labs has merged with a Special Purpose Acquisition Company (SPAC), becoming Planet Labs PBC (Planet). This new or “surviving” entity is publicly traded on the New York Stock Exchange (NYSE) as of 8...
Fleet Space Technologies (Fleet), an Australian newspace company developing an IoT CubeSat-constellation has closed a Series B round of financing. The funding round raised an additional US$26.4 million for the company according to its 17 November announcement. Fleet...
Continuing a string of purchases, newspace launch provider Rocket Lab is set to acquire Planetary Systems Corporation (PSC). Rocket Lab, which is based in the USA, announced the agreement to purchase Maryland-based PSC on 15 November. PSC is a designer and...
