Science

COLORADO SPRINGS — The U.S. Space Force’s budget continues to inch upward, but the service’s funding growth has been tempered by broader fiscal pressures facing the Pentagon. The military branch focused on defending American interests in space received $29 billion in funding for fiscal year 2024 as part of a broader multi-agency spending package passed
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TAMPA, Fla. — European space consultancy firms Euroconsult and SpaceTec Partners announced merger plans April 5 to expand their services globally. The combined group will be called Novaspace, marrying Euroconsult’s market intelligence expertise with SpaceTec Partners’ management consulting strengths and closer ties with European Union agencies. Pacôme Revillon, CEO of Euroconsult, said the deal is
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CAMBRIDGE, Mass. — Varda Space Industries has raised $90 million to scale up production of systems to manufacture pharmaceuticals in orbit and return them to Earth. Varda announced April 5 it raised a Series B round led by venture firm Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund and Khosla Ventures. The
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WASHINGTON — Kratos Defense & Security Solutions announced April 4 it completed a demonstration of satellite-based broadband for the U.S. Army using a virtual ground system — a software-defined alternative to traditional hardware-based ground stations for controlling satellite constellations. The company won a contract in 2022 to conduct the demonstration for the U.S. Army’s Program
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