NASA deorbits the ISS in 2030-2031. Vast, Axiom, Orbital Reef and Starlab all hold funded agreements and hardware in production. One procurement decision, due in late August, will decide which architecture owns the next decade of low Earth orbit.
Ratio Therapeutics raised $70 million to push actinium-225 targeted alpha therapy through its ATLAS Phase 1/2 sarcoma trial and expand manufacturing. The real bet is on the isotope: supply, not trial design, has been the field's bottleneck.
K2 Space raised a $500 million Series D at a $6.8 billion valuation to scale production of large high-power satellites. Its Gravitas platform is already in orbit with 12 hosted payloads; the open question is whether a 100-satellite-a-year factory can actually work.
Gecko Robotics won a five-year, $71M Navy IDIQ to inspect ships with wall-climbing robots, starting with 18 vessels in the Pacific Fleet. The same robot-plus-data platform reads power plants, refineries and pipelines, and now anchors a manufacturing facility in Sewickley, Pennsylvania.
Three months ago Panthalassa was valued at roughly $1 billion. Now investors are reportedly pricing it at $2 billion before a single commercial node has floated in the open ocean. The Information reported on August 6 that the company is raising $225 million at a post-money valuation approaching $2
Critical minerals refiner Nth Cycle merges with Kensington Capital to list on the NYSE as NTH in a $585 million SPAC deal. Why the refining chokepoint is the real story, and where the risk sits.
Mint Innovation spun its battery-recovery business into a separate company, Linca, backed by an £8.1 million UK consortium including Jaguar Land Rover and the University of Warwick. The solvent-free process targets the 85% of global black mass refining that happens in China.
Nvidia signed memoranda with six of the world's largest asset managers to mobilize over $500 billion for AI compute infrastructure, reframing GPUs from depreciating hardware into a long-lived, revenue-generating asset class. Execution risk is real: these are memoranda, not closed deals.