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spacex

SpaceX raises $346m

According to Securities & Exchange Commission filing last week, Elon Musk’s SpaceX has raised an extra $346.2 million (net) in its latest fund-raising efforts. This suggests that Musk’s company has raised some $1.7 billion since the beginning of 2019. The company has a valuation of some $36 billion.  It previously raised $221 million on March […]

June 1, 2020

Telesat ups LEO plans

Notwithstanding the financial challenges head – and a string of bankruptcies from those pushing for satellite mega constellations – Ottawa-based Telesat is asking US regulators to approve a significant expansion of its planned 209-craft constellation. Now it wants 1671 satellites. Earlier this week it was reported that OneWeb, despite being in Chapter 11 bankruptcy protection, […]

May 29, 2020