space_technology

GOLDEN – October 29, 2026 -- Rendezvous Robotics has raised $20 million in an oversubscribed seed round to build spacecraft that assemble themselves in orbit. MaC Venture Capital and Toyota Ventures led the financing, the company's first priced round.

The University of Michigan Endowment participated significantly. New investors include Astera, co-founded by Jed McCaleb, and Industrious Ventures. Existing backers Aurelia Foundry, ATX Venture Partners and Mana Ventures also took part. The capital will fund next-generation spacecraft development, flight demonstrations and team expansion.

Stockholm – September 13, 2026 -- GomSpace A/S has signed a Memorandum of Understanding with King Fahd University of Petroleum & Minerals (KFUPM) to jointly develop a dual 8U Earth Observation satellite mission and explore broader cooperation in Saudi Arabia's space sector.

Deal covers full satellite lifecycle from design to testing

The agreement spans conceptual design, mission engineering, system architecture, and Assembly, Integration and Test (AIT) activities for the satellite mission. It also includes exploration of advanced Earth Observation and optical communication technologies, combining GomSpace's small satellite systems expertise with KFUPM's academic and engineering capabilities.