This week Paul and Harrison discuss Ursa Major securing $100 million in Series E funding to scale hypersonics and solid rocket motors, reflecting a growing market demand driven by wartime production and new use cases like on-orbit interceptors. They also examined Voyager Space's strategic acquisition of Estes Energetics as part of its post-IPO growth, Rocket Lab's impressive launch cadence, a $44 million DARPA contract secured by Redwire for the VLEO satellite, the significant European investments in space sovereignty and military space, the shifting GEO market with Echostar's decision to refer customers to Starlink instead of funding its Hughesnet subsidiary. Announcements for new funding of software, communications, and in-orbit technology demonstrations are covered noting important developments in lunar power connectors by Yank Technologies and attitude control systems by Zenno Aerospace and Samara Space.