SPACE.HAUS · WEEKLY INTEL BRIEFING

Space Industry Weekly Briefing — Thursday, June 11, 2026

Weekly intelligence briefing for the commercial space industry, week ending Thursday, June 11, 2026. 20 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: 17
Funding activity: $1.75T (SpaceX IPO valuation)
Top story: SpaceX IPO targets $1.75T valuation

Funding Rounds & Investment Activity

SpaceX — Hawthorne, CA

FUNDING

Jun 11 — SpaceX is expected to begin publicly trading on the Nasdaq on June 12, with analysts debating a valuation of $1.75 trillion. The IPO is expected to make Elon Musk a trillionaire, with much of the valuation hinging on ambitious plans for space-based AI data centers and a constellation of up to 1 million AI satellites. Source
Jun 10 — India's regulatory approval for Starlink has been delayed just before the IPO, potentially complicating SpaceX's international growth story and market expansion plans. Source

Contracts, Awards & Government Activity

Thales Alenia Space — Rome, Italy

CONTRACT

Jun 11 — ESA awarded Thales Alenia Space a €700 million contract to build two identical Sentinel-1 Next Generation radar imaging satellites. The contract represents the first phase of a program to replace the current Sentinel-1 constellation, with four satellites planned in total. Source

Viasat — Carlsbad, CA

CONTRACT

Jun 08 — U.S. Space Force awarded Viasat and Intelsat contracts totaling $437.7 million for the first two operational satellites in the Protected Tactical SATCOM – Global (PTS-G) program, designed to provide jam-resistant satellite communications. Source

Intelsat — McLean, VA

CONTRACT

Jun 08 — U.S. Space Force awarded Intelsat and Viasat contracts totaling $437.7 million for the first two operational satellites in the Protected Tactical SATCOM – Global (PTS-G) program. Source

U.S. Space Force — Washington, DC

CONTRACT

Jun 10 — House appropriators backed a $55.5 billion Space Force budget, omitting reconciliation funds in the fiscal year proposal. Source

cosine Italia — Italy

CONTRACT

Jun 11 — cosine Italia signed two contracts at ILA Berlin 2026 covering deep-space exploration and Earth observation missions. Contract values were not disclosed. Source

Mergers, Acquisitions & Partnerships

Spire Global — Vienna, VA

PARTNERSHIP

Jun 10 — Spire announced a partnership with a German defense firm to pursue space-based missile warning capabilities, expanding its defense and intelligence portfolio. Source

Rheinmetall-ICEYE JV — Germany

PARTNERSHIP

Jun 11 — The Rheinmetall-ICEYE joint venture formed a new team to develop an intelligence, reconnaissance, and surveillance (ISR) satellite network. Source

Airbus Defence and Space — Munich, Germany

PARTNERSHIP

Jun 11 — Airbus announced the formation of a German consortium for satellite-based Earth observation and ISR solutions, in partnership with Rohde & Schwarz and HPS. Source

Launch Activity & Mission Milestones

LandSpace — Beijing, China

LAUNCH

Jun 09 — LandSpace's Zhuque-2E rocket successfully launched direct-to-device test satellites for Spacesail and China Mobile, demonstrating China's expanding commercial launch capabilities. Source

China Aerospace Science and Technology Corporation (CASC) — Beijing, China

LAUNCH

Jun 09 — China launched a classified satellite aboard a Long March 5 rocket, continuing the country's cadence of government-sponsored space missions. Source

SpaceX — Hawthorne, CA

LAUNCH

Jun 11 — SpaceX is scheduled to launch 24 Starlink satellites on a Falcon 9 rocket from Vandenberg Space Force Base at 8:05 a.m. PDT, one day before the company's IPO begins trading. Source

NASA — Washington, DC

OPS UPDATE

Jun 10 — Artemis 3 mission commander expressed confidence that the all-male crew will be ready for the 2027 mission, which includes three giant rocket launches and testing of two private moon landers from SpaceX and Blue Origin. NASA defended the all-male crew selection as merit-based. Source

Industry Context

Space Insurance Market — N/A

OPS UPDATE

Jun 11 — Cancellations of GEO satellite programs are complicating the recovery of the space insurance sector, creating uncertainty for underwriters and operators planning long-term programs. Source

Additional Updates

Open Cosmos — Harwell, UK

OPS UPDATE

Jun 11 — Open Cosmos is seeking a deadline extension for its ConnectedCosmos broadband constellation from regulatory authorities, citing delays in development and deployment schedules. Source

Applied Atomics — United Kingdom

OPS UPDATE

Jun 10 — UK startup Applied Atomics announced plans to enter the U.S. market with a focus on military space mobility solutions, targeting Department of Defense contracts. Source

Stoke Space — Kent, WA

OPS UPDATE

Jun 10 — Stoke Space completed proto-qualification and structural verification of the first stage of its Nova rocket at its testing facilities, advancing toward full-scale launch vehicle testing. Source

Tilebox — N/A

OPS UPDATE

Jun 11 — Tilebox launched an AI-focused platform update designed to improve geospatial data analysis and satellite imagery processing for enterprise customers. Source

The Exploration Company — Munich, Germany

OPS UPDATE

Jun 11 — The Exploration Company introduced 'Storm,' a high-thrust European rocket engine program designed to support in-space propulsion and cargo transportation missions. Source

UNOOSA/JAXA KiboCUBE Program — N/A

OPS UPDATE

Jun 11 — The KiboCUBE program selected teams from El Salvador and Thailand for the 9th round of satellite deployment from the International Space Station, supporting capacity building in emerging space nations. Source