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Space Times Weekly Review - December 8 2025
Description
This week Harrison and Paul discuss major updates in the launch and Earth observation markets. In the launch industry Northrup Grumman's signals growth in solid rocket motor production, Castelion raises $350 million for hypersonic missile production and solid rocket manufacturing, Moonshot Space raises $12 million for a kinetic electromagnetic launch system, Isar Aerospace secures a launch contract, and international launch success from China and South Korea. In Earth observation, MDA space wins a C$44.7 million contract for Radarsat extension and Iceye achieves a valuation of €2.8 billion following their Series E round. Other news includes Reditus Space’s $7 million seed round for reusable re-entry vehicles, Space Leasing International's purchase of two satellites from Ascendark, Transcelestial's expanded funding and collaboration with JAXA for high altitude optical terminals, funding for nuclear power companies Antares and X-Energy, and a new partnership for in-space refueling between Dawn Aerospace and Cosmoserve Space.
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