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Website title: Payload Space - We cover the business and policy of space.

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Japanese propulsion startup Letara closed a ¥2.6B ($16M) pre-Series A round to fund the development of its low-cost, hybrid rocket engine technology for both launch and in-space applications.

Headline Asia, JIC Venture Growth Investments, and Incubate Fund led the round, which included additional participation from a mix of US and Japanese VC firms—Aozora Corporat...


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For 11 space startups, the “valley of death” just got a little more navigable.

At the Fed Supernova conference on Thursday, SpaceWERX named the newest recipients of its Strategic Funding Increase (STRATFI) program—money meant to help bridge the notorious gap where promising SBIR/STTR Phase II prototypes go to die before they ever scale into Phase III.

“S...


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Daniel Biedermann is a partner at NewSpace Capital.

Before SpaceX, the biggest hurdle to the development of the space sector was our ability to get payloads into space reliably and inexpensively. Each launch was expensive, with the cost often running into the tens of thousands of dollars per kg, and most of the rocket itself was discarded after being launc...


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Muon Space announced today it closed a $250M Series C to expand its satellite production capacity and broaden the types of missions it can fly.

Eclipse Capital led the round, which included additional participation from Galvanize, Google, Salesforce Ventures, Wellington Management, I Squared Capital, Woven Capital, Radical Ventures, Congruent Ventures, Costanoa Ven...


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Portal Space Systems CEO Jeff Thornburg wanted to avoid the headaches founders are facing trying to reach orbit. So he bought a whole rocket.

The company announced Thursday that it has purchased an entire SpaceX Falcon 9 rocket for its Motus Via Sol 2028 mission. While Thornburg said Portal is expected to take up about half of the fairing with its own spacecraft, ...


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