Genesis Space Flight Laboratories has raised €1.2 million in Seed funding to accelerate development of its GEN-5 propulsion system and expand commercial reentry services. The company also unveiled MySpaceCapsule™, a new rideshare program that allows individuals, researchers, and businesses to send payloads into space starting at just €399, marking another step toward democratizing access to space.

Image credits: Array Labs Array Labs has secured an additional $21 million in an oversubscribed strategic funding round, marking another major milestone in the company's mission to redefine space-based intelligence, surveillance, and reconnaissance (ISR). The investment is anchored by Mitsubishi Electric Corporation, one of Japan's leading aerospace and defense companies, alongside continued participation from existing investors Catapult Ventures, Kompas VC, and Y Combinator.

Amazon Leo has unveiled ambitious plans to launch more than 5,100 Direct-to-Device (D2D) satellites, aiming to connect smartphones directly from space. Leveraging Globalstar's spectrum and advanced satellite technologies, the network will deliver voice, messaging, broadband data, and emergency services worldwide, expanding connectivity far beyond the reach of traditional cellular infrastructure.

Antares has raised $470 million in Series C funding to accelerate deployment of its advanced nuclear microreactors for U.S. military installations. Following the successful criticality of its Mark-0 reactor, the company is targeting commercial deployments by 2028, supporting defense energy resilience and strengthening critical infrastructure with long-duration, autonomous power systems.

Image credits: ORiS Space The next frontier of the space economy isn't just bigger satellites or more launches—it's reliable access to energy. Italian deep-tech startup ORiS believes that satellites should one day recharge in orbit just as easily as electric vehicles recharge on Earth. Backed by €5 million ($5.7 million) in newly secured funding, the company is taking a major step toward making that vision a reality. The Turin-based startup has completed one of the world's la

Directed-energy weapons are moving from testing to operational deployment, but success depends on more than laser power. Optical reliability, coating performance, and a resilient supply chain will determine whether these systems can withstand real-world conditions and deliver consistent performance against evolving drone threats.