Observable Space — N/A
FUNDING CONTRACT
- — Observable Space closed a $90 million Series A funding round to scale its lasercom platform. The round coincides with a $94 million U.S. Space Force contract for optical communications capabilities. Source
SPACE.HAUS · WEEKLY INTEL BRIEFING
Space Industry Weekly Briefing — Monday, June 1, 2026
Weekly intelligence briefing for the commercial space industry, week ending Monday, June 1, 2026. 11 stories across 6 categories including Funding Rounds & Investment Activity, Contracts, Awards & Government Activity, Mergers, Acquisitions & Partnerships, Launch Activity & Mission Milestones, Industry Context, Additional Updates. AI-curated by space.haus from 50+ industry sources.
- Sources scanned
- 50
- Companies with news
- 10
- Funding activity
- $147M+
- Top story
- Observable Space raises $90M Series A
Funding Rounds & Investment Activity
Unastella — Seoul, South Korea
FUNDING
- — Seoul-based rocket startup Unastella raised $24 million to develop its own launch vehicles and engines. The company previously launched from home and is now expanding its capabilities. Source
Iceye — Finland
FUNDING
- — Business Finland approved a $33 million grant to Iceye for expanded radar satellite production and R&D into optical and RF monitoring capabilities. Source
Contracts, Awards & Government Activity
Rocket Lab — Long Beach, CA
CONTRACT
- — Rocket Lab passed the System Requirements Review for the Space Development Agency's TRKT3 missile-defense constellation, advancing development of the tracking satellite program. Source
Xona — N/A
PARTNERSHIP
- — Xona entered an R&D collaboration to strengthen the resilience of Canada's timing infrastructure, focusing on positioning, navigation, and timing (PNT) capabilities. Source
Mergers, Acquisitions & Partnerships
Marble Imaging — Germany
PARTNERSHIP
- — German Earth observation company Marble Imaging expanded into Asia with a Memorandum of Understanding in Taiwan and an EO partnership in Japan, advancing its regional market strategy. Source
Launch Activity & Mission Milestones
CASC / Shanghai Spacecom Satellite Technology (Qianfan) — China
LAUNCH
- — China conducted a surprise launch of the Long March 12B rocket on its debut flight, successfully delivering Qianfan constellation satellites to orbit from Jiuquan Satellite Launch Center. Source
- — China launched test direct-to-device satellites for multiple broadband projects using a Long March 2D rocket, advancing several competing satellite internet initiatives. Source
Blue Origin — Kent, WA
LAUNCH OPS UPDATE
- — Blue Origin's New Glenn rocket failure worsened the already constrained launch market, with significant implications for customers awaiting heavy-lift capacity. NASA Administrator Jared Isaacman addressed the setback and its impact on moon mission timelines. Source
- — An explosion during a New Glenn prelaunch test at Cape Canaveral prompted an emergency response. Officials declared the range "fully mission capable" shortly after, allowing other launch operations to continue. Source
SSC Space / Esrange Space Center — Kiruna, Sweden
LAUNCH
- — SSC Space launched SubOrbital Express-5 from Esrange Space Center in northern Sweden, carrying twelve scientific experiments from organizations across nine countries studying physical, biological, and medical processes in microgravity. Source
Industry Context
U.S. Government / Spaceport Infrastructure — United States
OPS UPDATE
- — Spaceport facility bonds became law, fundamentally changing space infrastructure finance by creating new financing mechanisms for commercial spaceport development and expansion. Source
Additional Updates
Telespazio — Italy
OPS UPDATE
- — Telespazio completed an Earth-Moon-Earth (EME) communications demonstration, successfully bouncing radio signals off the Moon's surface across a 384,000 kilometer path each way using a repurposed geostationary-focused dish. Source