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SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, andΒ it’sΒ not the sameΒ companiesΒ leading the charge. FAANG had a good run, but aΒ new acronym is taking over: MANGOSΒ β€” Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. HalfΒ of thatΒ bunch is heading to public markets in the same window,Β andΒ it’sΒ a stress test for investors, for valuations, and for […]
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Orbital raises $5 million to join orbital data center race

douglas-county-servers

A Los Angeles-based startup has raised $5 million to fund an in-orbit computing demonstration next year, ahead of plans to deploy more than 100,000 orbital data centers to meet surging demand for AI infrastructure.

The post Orbital raises $5 million to join orbital data center race appeared first on SpaceNews.

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UK startup NewOrbit raises $18.5 million in Series A round

SAN FRANCISCO – NewOrbit Space, a UK startup developing satellites for very low Earth orbit (VLEO), has raised $18.5 million in a Series A investment round. With the funding, announced […]

The post UK startup NewOrbit raises $18.5 million in Series A round appeared first on SpaceNews.

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Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise

Apex assembly line

Apex has raised more than $200 million to expand in-house satellite production capabilities, announcing a funding round June 5 it says nearly doubled the four-year-old manufacturer’s valuation to $2.3 billion.

The post Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise appeared first on SpaceNews.

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