Redwire wins $44M DARPA contract to advance VLEO mission
The phase 2 contract provides funding to complete manufacturing and deliver the spacecraft to launch for the mission, which leverages the design of Redwire’s SabreSat platform.
Danish firm Sparrow Quantum raises €27.5 million in Series A
The company’s core product, Sparrow Core, is already in use by several technology companies in Europe. The technology is a key element in photonic quantum systems, which operate at normal room temperature and are less sensitive to noise than other quantum platforms.
Indian startup Agnikul Cosmos raises $17 million
The Chennai-based company will use the funding to scale production units of aerospace and rocket components and boost its stage-recovery programme. Some of the funds will be used to develop Agnikul’s upcoming integrated space campus in Tamil Nadu.
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D-Wave announces formation of US government business unit
Led by government and public sector business executive Jack Sears Jr., the newly formed unit will support D-Wave’s enterprise-wide US government-related initiatives.
ABB completes acquisition of Gamesa’s power electronics business
The acquired portfolio includes power conversion products such as wind converters for doubly-fed induction generator (DFIG), industrial BESS, and utility-scale solar inverters.
Skycore Semiconductors raises €5 million in seed funding
The funding will accelerate team expansion, product development, manufacturing capabilities, patent portfolio growth, and co-development projects with strategic partners in the rapidly growing AI infrastructure market.
HFE aims to invest $3.2 billion in renewable energy in India
Under the agreement, Hero Future Energies (HFE) will establish the renewable energy generation projects in two phases, creating over 15,000 direct and indirect jobs in total in the southern Indian state of Andhra Pradesh.
Quantum Systems triples valuation, raises €180 million
The new capital will fuel its multi-domain expansion across air, land, and maritime use cases. The German drone maker will accelerate its AI, software, and hardware development across all domains, connected by the multi-domain mission software MOSAIC UXS.
AMD boosts space-grade portfolio, in-orbit processing capability
This new packaging for the Versal AI Core XQRVC1902 adaptive SoC will support missions for up to 15 years, offering a robust foundation for geosynchronous satellites, lunar exploration, and deep-space probes.
Varroc to supply High Voltage electronics to EV OEM customer
Under the agreement, the Indian automotive supplier will deliver comprehensive High Voltage Electronics for a range of high-performance e-powertrain components, including power electronics unit, inverters, onboard chargers, BMS, and DC-DC converters.
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