Startup

With the active development of the space economy and constant investments from the UK government, a bunch of space startups and firms have emerged. The revolutionary approaches and ideas that space technology can be commercial and profitable gave life to various space startups. These companies have ambitious goals of advancing space technology, bringing innovations at lower costs.

From additive manufacturing to AI implementation, space startups make news across the globe. The United Kingdom is a valuable player in the space startup market, with strong companies in satellite imagery, Earth observation, and rocketry. With sustainability and environmental influence in mind, new space companies set trends on how businesses should care about the future and their legacy.

Orbital Today understands how important the growth of local companies is for the prosperity of the communities and the country in general. That’s why we are focusing on covering the space startup news coming from domestic and overseas firms.

U.S. Military Invest $12.5 million in Ursa Major Rocket Company

Colorado-based rocket propulsion company Ursa Major has been provided with $12.5 million of funding from the U.S. Navy and Pentagon Office of Strategic Capital. It will be matched by Ursa Major to bring an injection of $25 million, it was announced on 17th September. The details of the Major Rocket investment The investment is going…

18th Sep 2024