Biz Briefs: Intuitive Machines Sending AstroForge Spacecraft to Asteroid, Reaction Engines Raises $47.7 Million, HawkEye 360 Wins Contract and More

Contracts & Deals

Intuitive Machines Announces Agreement to Deliver AstroForge’s Asteroid Mining Payload

Houston-based Intuitive Machines, LLC has signed an agreement to deliver AstroForge’s Brokkr-2 spacecraft to deep space to observe an asteroid the California company is targeting for mining operations. Brokkr-2 is expected to launch during Intuitive Machines’ second lunar mission in the second half of 2023.

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Space SPAC Index: SatixFy Plunges 68% on Stock Sale, BigBear.ai’s Big Contract, AST SpaceMobile Signs MOU with Brazilian Telecom, BlackSky JV Appoints New CEO

Welcome to S-SPACi.

Shares of SatixFy Communications (NYS: SATX) plunged by $4.94 (68.3 percent) to $2.29 on Tuesday following the announcement that the Israeli satellite communications equipment manufacturer is looking to sell up to 28.4 million shares and $1 million in redeemable warrants.

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Weekly Biz Roundup: ClearSpace Raises $29 Million, CesiumAstro Acquires UK Startup, Blue Origin Exec Moves to HawkEye 360, and More

Welcome to this week’s business roundup. In today’s edition: ClearSpace, Stell and Magnestar complete raises; World View is set to become the world’s first space SPAC; CesiumAstro acquires an UK startup; Thales Alenia Space, Spaceflight Inc., Sidus Space announce new business deals; and multiple companies make executive appointments.

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Space SPAC Index: BigBear Sells More Stock, Management Changes at Satixfy, Spire Global & Virgin Galactic Plus News About Planet Labs & Virgin Orbit

SpaceShipTwo VSS Unity arrives at Spaceport America aboard WhiteKnightTwo VMS Eve. (Credit: Virgin Galactic)

Welcome to S-SPACi.

This week BigBear.ai sells more stock, management is shaken up at three space SPACs, Momentus signs a contract with FOSSA, Planet Labs teams with NASA to mitigate global food shortages, and Virgin Orbit’s price target gets cut in half after launch failure.

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Space Contracts, Raises & Deals: Raytheon, Millennium Space, SES, Capella Space and More

Lots of raises, contracts, grants and more as we powered through the second week of 2023. Let’s take a look.

Partnership

Voyager Space and Airbus Defence and Space are partnering to develop and operate Starlab, a free-flying space station set for launch in 2028 that will serve NASA and a global customer base of space agencies and researchers. Airbus will provide technical design support and expertise for the Starlab station.

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