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Portal Space gets a $50M boost for faster space mobility

Illustration: Portal's Starburst and Supernova vehicles in Earth orbit
An artist's conception shows Portal’s Starburst and Supernova spacecraft in Earth orbit. (Portal Space Systems Illustration)

Bothell, Wash.-based Portal Space Systems has raised $50 million in a funding round aimed at speeding up development of the Seattle-area startup’s highly maneuverable space vehicles.

The first such vehicle, Starburst-1, is due for launch as early as this fall as a payload on SpaceX’s Transporter-18 satellite rideshare mission. Portal is also getting ready to move into a 52,000-square-foot manufacturing facility where future Starburst spacecraft and even more capable Supernova space vehicles will be built.

Portal CEO Jeff Thornburg — who co-founded the company in 2021 following stints at tech ventures including SpaceX and Stratolaunch Systems — characterized the newly announced Series A funding round as closer to a giant leap than a small step.

“The thing that’s exciting me the most, and really the company at large, is that it helps us move faster,” he told me. “We’re obviously focused on getting Starburst and Supernova capabilities demonstrated and available to our customers as quickly as we can.”

The round was led by Geodesic Capital and Mach33, with participation by Booz Allen Ventures, AlleyCorp and FUSE. It builds on a $17.5 million seed round that was announced last year.

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Starfish Space raises $110M for satellite servicing

Illustration: Starfish Space's Otter in geostationary Earth orbit with Earth in background
An artist’s conception shows Starfish Space’s Otter satellite servicing vehicle in geostationary Earth orbit. (Starfish Space Illustration)

Tukwila, Wash.-based Starfish Space says it has raised about $110 million in a funding round that will help the company execute its first satellite servicing missions and scale up operations for more business.

The Series B round was led by Point72 Ventures. Activate Capital and Shield Capital were co-leaders of the round. Additional major participants included Industrious Ventures and NightDragon. The round also drew support from several existing Starfish investors (NFX, Munich Re Ventures, Toyota Ventures and PSL Ventures) as well as new investors (Nomi Capital, Gaingels and Overlap Holdings).

The new capital adds to previous funding rounds announced in 2021, 2023 and 2024, and pushes Starfish’s total investment past the $150 million mark.

Starfish Space was founded in 2019 by engineers Austin Link and Trevor Bennett, two veterans of Jeff Bezos’ Blue Origin space venture. The company has developed a space vehicle called Otter, which is designed to rendezvous and dock with other objects in orbit — either to maneuver them into a different orbit or guide them to safe disposal.

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Blue Origin jumps into the data center space race

Image: Satellite web
An artist’s conception shows a constellation of satellites in orbit. (Credit: OneWeb)

Jeff Bezos’ Blue Origin space venture is asking the Federal Communications Commission for authority to send up to 51,600 data center satellites into low Earth orbit, signaling its entry into an increasingly crowded space race.

The proposed constellation, dubbed Project Sunrise, would complement Blue Origin’s previously announced plans for a 5,408-satellite TeraWave constellation. TeraWave would provide ultra-high-speed connectivity for Project Sunrise’s satellites — and for terrestrial data centers, large-scale enterprises and government customers as well.

Once again, Bezos is competing with Elon Musk’s SpaceX, which is seeking the FCC’s approval for a constellation of data centers that could amount to a million satellites. And SpaceX has already taken notice. So has Redmond, Wash.-based Starcloud, which is working on its own plans for a data center network that could call for tens of thousands of satellites.

Tech companies are becoming increasingly interested in fielding orbital data centers because such networks could bypass the power and cooling constraints facing Earth-based AI data centers. Last October, Bezos said at a tech conference in Italy that orbital data centers would be the “next step” in a transition from Earth-based to space-based industry. “We will be able to beat the cost of terrestrial data centers in space in the next couple of decades,” he said.

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Portal teams up with Paladin for orbital trash disposal

Illustration: Triton-equipped Starburst and Supernova spacecraft in orbit.
An artist's conception shows Portal Space Systems' Starburst spacecraft at left and its larger Supernova platform in the distance at right, both outfitted with Paladin Space's Triton payload for orbital debris tracking and removal. (Portal Space Systems Illustration)

Bothell, Wash.-based Portal Space Systems is partnering with an Australian venture called Paladin Space on a commercial service that would round up and dispose of potentially dangerous orbital debris.

The concept — known as Debris Removal as a Service, or DRAAS — is meant to address one of the most pernicious problems facing spacecraft operators: how to dodge tens of thousands of pieces of space junk that are zipping through Earth orbit.

Since its founding in 2021, Portal has been focusing on the development of maneuverable orbital vehicles that could rendezvous with other satellites, either for servicing or for disposal. Its flagship is the Supernova in-space mobility platform, which will be equipped with an innovative solar thermal propulsion system. There’ll also be a smaller version of the spacecraft, called Starburst.

Starburst-1 is due for launch as early as this year, and Supernova is scheduled to make its debut in 2027.

Meanwhile, Paladin Space has been working on a reusable payload called Triton, which is designed to track and capture tumbling pieces of orbital debris that are less than 1 meter (3 feet) in size. That small-to-medium size category accounts for most of the debris that’s being tracked in orbit.

“Triton is built to remove dozens of those objects in a single mission, which fundamentally changes the cost structure of debris remediation and provides the greatest benefit to satellite operators,” Paladin CEO Harrison Box said today in a news release.

The Portal-Paladin partnership calls for installing Triton hardware on Starburst spacecraft. Portal’s orbital platform would go out in search of space junk, and Paladin’s payload would grab the debris. When Triton’s trash bin is full, it would be dropped off for safe disposal while the spacecraft remains in orbit for continued servicing.

The companies are targeting an initial deployment in 2027, focusing on heavily trafficked bands of low Earth orbit. Future missions may use Supernova’s added capabilities to service a wider variety of orbits.

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Sophia Space raises $10M for orbital computing systems

Illustration: Sophia Space data-processing satellite in orbit
An artist’s conception shows the Sophia 40 TILE satellite, with each tile powered by its own solar panel. (Sophia Space Illustration)

Sophia Space says it has closed a $10 million seed financing round to accelerate the development of orbital computing systems that could serve as the foundation for space-based data processing.

The startup’s tabletop-sized satellite modules, known as tiles, take advantage of a proprietary system that combines solar power generation and radiative cooling. Multiple tiles can be connected into racks to provide scalable computing power in low Earth orbit. The concept is called Thermal-Integrated LEO Edge, or TILE.

“With this seed round, we’re not just building compute modules,” Sophia Space CEO Rob DeMillo said today in a news release. “We’re building the infrastructure for the next era of space-based AI and data processing.”

The investment round was led by Alpha Funds, KDDI Green Partners Fund and Unlock Venture Partners — and builds upon $3.5 million in pre-seed investment. The newly raised cash will support the continued hiring of engineering talent, the further maturation of Sophia’s TILE platform and the formation of strategic partnerships in the orbital computing ecosystem.

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Amazon wins OK to add 4,500 satellites to Leo network

Illustration: Web of satellites covering Earth
An artist’s conception shows how additional Amazon Leo satellites would provide coverage in Earth’s polar regions. (Amazon Illustration)

Amazon has won the Federal Communications Commission’s approval to go ahead with its plan to launch thousands of second-generation Amazon Leo satellites for its broadband internet network, even though the first-generation constellation is far from complete.

The approval would add more than 4,500 satellites to the previously authorized constellation of 3,232 Gen 1 spacecraft, expanding coverage to the entire globe, including the poles.

“Amazon Leo Gen 1 performance is impressive on its own, but lots to look forward to with Leo Gen 2: More capacity, more coverage (including polar) and additional throughput — good for customers everywhere, and especially important for big enterprise/gov customers who want max performance to move large amounts of data through our network,” Rajeev Badyal, vice president of technology for Amazon Leo, said today in a LinkedIn posting.

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Starfish doubles down on Space Force satellite servicing

Illustration: Otter spacecraft in geosynchronous orbit with Earth in background
An artist’s conception shows Starfish Space’s Otter spacecraft in geosynchronous Earth orbit. (Starfish Space Illustration)

Tukwila, Wash.-based Starfish Space has been awarded a $54.5 million contract to produce another Otter satellite servicing spacecraft for the U.S. Space Force’s Space Systems Command.

The deal, announced this week, builds on a $37.5 million Space Systems Command contract that was awarded in 2024 through the Department of the Air Force’s Strategic Funding Increase program, or STRATFI. This new contract is funded through a Pentagon program called Accelerate the Procurement and Fielding of Innovative Technologies, or APFIT. Starfish noted that the award is the only APFIT contract issued to a space company in the current cycle and ranks among the largest in the program’s history.

Austin Link, co-founder of Starfish Space, said his company was “proud to grow our partnership with the Space Force under the APFIT program.”

“APFIT is a key program in transitioning platforms like Otter from development to deployed capability,” Link said today in a news release. “Through dynamic space operations and autonomous augmented maneuver, we enable the Space Force to sustain critical space assets, increase resilience and maintain operational flexibility across evolving mission demands.”

Like the earlier contract, the new one calls on Starfish to provide an Otter spacecraft for dynamic space operations in geosynchronous Earth orbit. Delivery is scheduled for 2028, with an option for two years of operational support.

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Elon Musk lays out a new vision as SpaceX acquires xAI

Illustration: Starship deploying satellite with Earth in background
An artist's conception shows a Starship upper stage deploying a satellite in orbit. (SpaceX Illustration)

SpaceX CEO Elon Musk says he’s making space-based artificial intelligence the “immediate focus” of a newly expanded company that not only builds rockets and satellites, but also controls xAI’s generative-AI software and the X social-media platform.

That’s the upshot of today’s announcement that SpaceX has acquired xAI. The Information quoted unnamed sources as saying that xAI was valued at $250 billion, while SpaceX’s value was set at a trillion dollars. That would make SpaceX the most valuable private company in the world — but because Musk held a controlling interest in both companies, those valuations may be somewhat subjective.

Ross Gerber, an investment adviser who tracks Musk’s business dealings, quipped on X that the world’s richest person decided to go ahead with the acquisition after “a short negotiation with himself.”

Musk said the combination of SpaceX and xAI would facilitate the creation of a new constellation of orbital data centers. SpaceX is already seeking approval from the Federal Communications Commission to put up to a million satellites in low Earth orbit for such a constellation.

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SpaceX wants to launch a million data center satellites

Starlink streaks
This time-lapse image of Venus and the Pleiades shows the tracks of SpaceX’s Starlink satellites. (Torsten Hansen / IAU OAE / CC Attribution)

SpaceX founder Elon Musk wasn’t kidding about his plans to go big with orbital data centers: The company is asking the Federal Communications Commission to approve a plan to put up to a million satellites in orbit to process data for artificial intelligence applications.

“Launching a constellation of a million satellites that operate as orbital data centers is a first step towards becoming a Kardashev II-level civilization — one that can harness the sun’s full power — while supporting AI-driven applications for billions of people today and ensuring humanity’s multiplanetary future amongst the stars,” SpaceX said in an application filed with the FCC on Friday.

If realized, the plan could pose a challenge to AI titans including Microsoft, Amazon, Google and OpenAI — and to Seattle-area space companies such as Starcloud, Sophia Space and Jeff Bezos’ Blue Origin space venture, all of which are aiming to serve the emerging market for AI data centers.

On the other hand, it could be a boon for SpaceX’s manufacturing facility in Redmond, Wash., which produces the satellites for SpaceX’s Starlink broadband constellation; and for Musk’s xAI company, which has been the focus of merger talks as SpaceX considers an initial public offering. The Wall Street Journal quoted unidentified sources as saying that Musk decided to take SpaceX public in part to raise more capital to build orbital data centers and to help xAI.

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Amazon asks FCC for more time to launch Leo satellites

Atlas 5 rocket launch with Amazon Leo satellites
An Atlas 5 rocket rises from its Florida launch pad in December to send 27 Amazon Leo satellites into orbit. (United Launch Alliance Photo)

Amazon says it’s been harder than expected to secure rides for its Amazon Leo broadband internet satellites, and now it’s asking the Federal Communications Commission for more time.

The request for an extension, filed today, asks the FCC to give Amazon until July 30, 2028, to deploy half of its 3,232 satellites in low Earth orbit. The current deadline is July 30, 2026.

Amazon said it’s spent more than $10 billion on its Leo constellation and has reserved more than 100 launches to get the satellites in their proper orbits. But it acknowledged that it’ll miss the original deadline, which was set in 2020 when the FCC gave the initial go-ahead for what was then known as Project Kuiper.

“Despite a historic reserve of launch capacity and deep investments in launch infrastructure, Amazon Leo has faced a shortage in the near-term availability of launches,” the company said. “This shortage has been driven by manufacturing disruptions, the failure and grounding of new launch vehicles, and limitations in spaceport capacity.”

Citing the launch availability gap, Amazon said it has had to reduce the production rate at its satellite manufacturing facility in Kirkland, Wash. “Amazon Leo is capable of consistently manufacturing 30 satellites per week — or over 1,500 satellites per year,” the company said. “To date, Amazon Leo has produced hundreds of flight-qualified satellites, and could readily have produced a multiple of this amount but for adjustments to its production schedule made in response to the delays in its launch manifest.”

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