Space Business
Europe's Ramses Mission Will Chase Apophis Through Earth's Cosmic Backyard
Europe's Ramses Mission Will Chase Apophis Through Earth's Cosmic Backyard On February 10, 2026, the European Space Agency awarded OHB Italia a contract to build the Rapid Apophis Mission for Space Safety (Ramses)—a spacecraft designed to intercept and study the near-Earth asteroid 99942 Apophis as ...
Japan's Defense Ministry Locks in €1.55B Spy Satellite Constellation
Japan Inks Landmark Defense Satellite Deal Japan's Ministry of Defense has formalized a €1.55 billion ($1.7 billion USD) contract for a sovereign satellite constellation designed to deliver persistent surveillance imagery in support of national security operations. The deal, announced through a Priv...
Danish Smallsat Maker Posts 72% Revenue Surge, Targets Profitability
GomSpace Breaks into Profitability as European Smallsat Market Heats Up Danish smallsat manufacturer GomSpace delivered a watershed financial performance in 2025, posting 72% revenue growth to 442 million Swedish krona ($49 million USD) while achieving positive EBIT—a rare feat in a sector where com...
NASA reclassifies Boeing Starliner as highest-risk mishap after crew flight near-disaster
Two Astronauts Came Dangerously Close to Disaster. Here's What NASA Found. NASA Administrator Jared Isaacman has delivered a scathing assessment of Boeing's CST-100 Starliner program, retroactively classifying the June 2024 crewed flight as a Type A mishap—the agency's highest severity designation f...
Kepler and NanoAvionics link up for European satellite relay network
A New Partnership Takes Flight Kepler Communications has secured Kongsberg NanoAvionics as its preferred European satellite bus provider, marking a significant step in expanding optical data relay infrastructure across the continent. Under the partnership, NanoAvionics will manufacture hosted payloa...
Europe builds unified command center for GPS alternatives
Europe Locks In Next-Generation Navigation Infrastructure Thales Alenia Space has secured a major contract to build the European GNSS Service Demonstrator (ESD), a unified ground control platform that will modernize how Europe operates its constellation of satellite navigation and Earth observation ...
EU's Iris2 satellite network will be free for governments, throttle commercial traffic in crises
Europe's Iris2 Constellation Faces Critical Governance Questions as Commission Clarifies Service Model The European Commission is moving fast to clarify how its Iris2 secure satellite constellation will actually work—and who gets to use it when the stakes are highest. In a significant announcement, ...
Thermal spy satellites get £30m war chest to blanket Earth
Heat-Seeking Satellites Just Got Serious Money SatVu, a British Earth observation startup, has secured £30 million ($40 million) in new funding, doubling its total equity backing to £60 million. The capital injection marks a critical inflection point: the company is transitioning from flying a singl...
SES Admits: The Massive Satellite Era Is Over
The Satellite Industry's Uncomfortable Truth SES, one of the world's largest satellite operators, is quietly signaling what the industry has been reluctant to admit: the era of massive, 30-year-lifespan geostationary satellites may be coming to an end. Seven months after closing its $3.1 billion acq...
Japanese radar satellite startup just turned profitable
Synspective, a Japanese radar satellite operator, just announced it will post its first operating profit in 2026 after years of strategic losses. The company doubled its revenue in 2025 and expects to do it again this year, while quadrupling its EBITDA (earnings before interest, taxes, depreciation,...
