May Fundraising Activity
May 18 – Space systems cybersecurity start-up SpiderOak Inc. received new strategic investments of undisclosed value from Accenture Ventures, RTX Ventures and Stellar Ventures.
May 24 – Australia-based Fleet Space Technologies Pty Ltd raised $33.1m in its Series C funding round led by existing investor Blackbird.
May 24 – British Earth observation start-up Global Satellite Vu Ltd. raised $15.8m in a Series A-2 investment round led by existing investor Molten Ventures.
May 25 – Japanese space robotics company GITAI Inc. raised $30m in a Series B extension round.
Inmarsat Selects SWISSto12 for New L-Band Satellites
On May 19, Inmarsat plc (Inmarsat) announced that it selected SWISSto12 S.A. to manufacture three small geostationary orbit satellites for Inmarsat’s eighth-generation L-band network based on the HummingSat satellite platform.
Read more related news in Space Business Review May 2023.
