In the past 48 hours, the space technology industry has accelerated its momentum, showing strong investment, new deals, and rapid innovation. European firms have made notable moves, with Infinite Orbits—a French satellite servicing company—securing 40 million euros in new funding. This round brings its total program backlog to 150 million euros across civilian and military applications. Infinite Orbits is expanding to open offices in Luxembourg, Spain, UK, Germany, and Poland, and recently formalized partnerships with GEO operator SES, the French Ministry of Defense, and the US Air Force for upcoming servicing missions. The trend validates growing investor confidence and marks intensified global competition, particularly among Europe, the US, and China.

Meanwhile, new product launches highlight sector growth. Dcubed in Germany announced ARAQYS, its scalable in-space energy platform, with a 2kW in-space-manufactured solar array scheduled for demonstration aboard a SpaceX rideshare mission. This technology addresses soaring demand for affordable orbital power, a pivotal issue as satellite clusters and in-orbit applications multiply. The ARAQYS initiative has already forged partnerships with Astro Digital in the US and Maverick Space Systems, reflecting a transatlantic push for innovation and supply chain integration.

Strategic deals continue emerging elsewhere. South Korea's INNOSPACE signed an MOU with UAE-based Madari Space for data center deployment, signaling increased collaboration and market entry in the Middle East. Viasat expanded its agreement with Etihad Airways, promising next-gen in-flight connectivity by integrating Low-Earth Orbit service through the Telesat Lightspeed constellation, scheduled for commercial activation in late 2027. This underscores rising customer expectations for mobility and uninterrupted connectivity.

Supply chain advances include L3Harris breaking ground on new propulsion facilities in Arkansas, supporting both government and commercial demand. Funding activity from Ursa Major also stood out, with more than 100 million dollars raised and 115 million dollars in bookings so far this year—fueled by partnerships with defense stakeholders.

Compared to previous reporting, the market now shows more cross-border investment, larger financing rounds, and stronger emphasis on in-space manufacturing and servicing. Data from the past week confirms that both consumer and business markets are expecting lower costs, scalable solutions, and cleaner orbital environments. Industry leaders are responding by deepening collaborations, accelerating R&D, and prioritizing supply chain resilience to weather ongoing geopolitical and regulatory uncertainty.

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This content was created in partnership and with the help of Artificial Intelligence AI