Space Industry– category –
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World Economic Forum Identifies Three Commercial Trends Driving the Space Economy Towards $1.8 Trillion by 2035
World Economic Forum Switzerland Overview The World Economic Forum predicts the space economy will reach $1.8 trillion by 2035, identifying three key commercial trends driving its growth. These include space companies creating value thro... -
Microgravity Biomanufacturing and Materials Science Accelerate: Breakthroughs in Microbes, Plants, and Semiconductors Unlocked in Space
ISS National Lab USA Overview Research in microgravity biomanufacturing and materials science is accelerating, yielding innovative results in fields like microbes, plants, and semiconductors. ISS National Lab-supported studies revealed t... -
NASA Unveils Initial Lunar Base Missions: Partnering with Astrolab, Lunar Outpost, Blue Origin, and Firefly Aerospace to Advance ISRU and Nuclear Power
NASA USA Overview In May 2026, NASA announced its first three Moon Base missions (Moon Base I, II, III) and new partnerships to support sustainable lunar exploration. Astrolab and Lunar Outpost were selected for the initial phase of luna... -
NASA Announces Artemis III Crew for 2027 Earth Orbit Mission: Accelerating Human Return to Moon with HLS Lander Tests
NASA USA Overview NASA announced the crew for the Artemis III mission in 2027, comprising Commander Randy Bresnik, Pilot Luca Parmitano, and Mission Specialists Frank Rubio and Andre Douglas. The mission's primary objective is to demonst... -
Mantis Space Secures $43M to Build First-Ever Space Power Grid and Laser Optics Lab for Trillion-Dollar Frontier
Forbes USA Overview Space infrastructure startup Mantis Space raised $15 million in seed funding and secured approximately $28 million in non-dilutive state and local capital, totaling $43 million. The company plans to build the first-ev... -
U.S. House Demands Space Force Accelerate Commercial Integration to Strengthen Defense Capabilities with Policy Amendments
Air & Space Forces Magazine USA Overview The U.S. House of Representatives formally mandated the Space Force to procure more commercial technologies and services through amendments approved as part of the FY2027 National Defense Authoriz... -
Apex Secures Over $200M in Funding at $2.3B Valuation to Scale High-Rate Satellite Production for Proliferated Constellations
Apex USA Overview Apex announced over $200 million in new funding, elevating its valuation to $2.3 billion, to significantly scale its high-rate satellite production facilities. The capital will enable the expansion of manufacturing infr... -
NASA Awards $300M Johnson Space Center Modernization Contract to Seven Firms, Including Conti Federal, Targeting $43M in Savings
Morningstar USA Overview NASA has awarded a multi-year construction contract worth up to $300 million to seven companies, including Conti Federal Services, LLC, to modernize aging facilities and infrastructure at the Johnson Space Center... -
JAXA’s New H3-30 Rocket Successfully Launches Six Small Satellites, Paving Way for MMX Mission After Previous Failure
The Japan Times Japan Overview JAXA successfully launched its new low-cost H3-30 rocket variant, carrying a VEP-5 test payload and six small satellites into orbit, marking a critical recovery after a previous failure. This configuration,... -
Space Industry Weekly Report May 7, 2026
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