August 2, 2023

Space Business Review July 2023

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July Fundraising Activity

July 13 – HawkEye 360, Inc., which operates a network of radio frequency sensing satellites and provides data analytics services to defense customers, announced that it raised $58m in a Series D-1 investment round led by funds managed by Blackrock. The company plans to use the funding to develop new space systems and expand its analytics capabilities.

July 24 – Impulse Space, Inc., a California-based start-up with plans to provide in-space transportation and logistics services, announced that it raised $45m in a Series A investment round led by RTX Ventures, the venture capital arm of RTX Corporation. The company intends to use the funding for development of its Helios in-space transportation vehicle.

July 25 – Italy-based ground segment service provider Leaf Space SpA announced that it raised €20m in a Series B investment round led by CDP Venture Capital Sgr and Neva Sgr. The company, which also announced that it separately received a €15m loan from the European Investment Bank, plans to use the funding to expand its ground station network.

Read more related news in Space Business Review July 2023.