Space

Quantum Systems has raised $1.2 billion in a landmark Series D round, reaching an $8 billion valuation as it accelerates AI-powered autonomous defense systems across air, land, and sea. Backed by Blackstone, Airbus, Advent, and Noteus, the company will expand production, strengthen software capabilities, and scale interoperable multi-domain autonomous platforms for allied defense markets.

Calian has entered into a definitive agreement to acquire Galaxy Broadband, expanding its satellite communications and remote connectivity capabilities across Canada. The deal strengthens Calian's position in serving defence, government, critical infrastructure, and remote communities, while reinforcing Canada's growing reliance on resilient multi-orbit communications networks.

Open Cosmos has unveiled OpenConstellation 1.0, a next-generation Earth observation constellation capable of delivering actionable intelligence in as little as 30 minutes. Combining AI-powered onboard processing, hyperspectral and multispectral imaging, and direct satellite communications, the system promises to transform disaster response, security monitoring, and environmental intelligence.

Es’hailSat has announced two major agreements for its next-generation Es’hail-3/Türksat-Biruni satellite, partnering with Türksat for joint commercialization and selecting Thales Alenia Space to build the spacecraft. The high-throughput Ka-band satellite will deliver advanced connectivity services across Europe, the Middle East, Africa, and Central Asia.

Rocket Lab is making its biggest move yet, announcing an $8 billion acquisition of Iridium Communications. The landmark deal combines launch services, satellite manufacturing, spectrum, and global connectivity into a fully vertically integrated space powerhouse poised to reshape satellite communications, national security, IoT, and direct-to-device services worldwide.

Vodafone Spain and Satellite Connect Europe, a joint venture between Vodafone Group and AST SpaceMobile, have signed a commercial agreement to introduce direct satellite-to-mobile (D2D) broadband services across Spain, marking a significant step toward integrating space-based connectivity into the country's telecommunications infrastructure.

Spanish space company FOSSA has raised €9.25 million to accelerate the deployment of its secure communications satellite constellation and expand its defense and intelligence capabilities. The funding will support international growth, new sovereign space technologies, and the continued rollout of its planned 140-satellite low Earth orbit network, strengthening Europe's strategic autonomy in space.

Irish space tech company, Ubotica Technologies, has raised $11 million to scale its Orbital AI-powered Live Maritime Intelligence platform. The technology processes data directly onboard satellites, enabling real-time detection of maritime threats, protection of critical infrastructure, and faster decision-making for governments and security agencies worldwide.