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ARTICLE · 07 JUNE 2023

Space Business Review May 2023

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Space systems cybersecurity start-up SpiderOak Inc. received new strategic investments of undisclosed value from Accenture Ventures, RTX Ventures and Stellar Ventures.

United StatesFinance and Banking
Dara Panahy
Dara Panahy
Bijan Ganji
Bijan Ganji
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May Fundraising Activity

May 18 – Space systems cybersecurity start-up SpiderOak Inc. received new strategic investments of undisclosed value from Accenture Ventures, RTX Ventures and Stellar Ventures.

May 24 – Australia-based Fleet Space Technologies Pty Ltd raised $33.1m in its Series C funding round led by existing investor Blackbird.

May 24 – British Earth observation start-up Global Satellite Vu Ltd. raised $15.8m in a Series A-2 investment round led by existing investor Molten Ventures.

May 25 – Japanese space robotics company GITAI Inc. raised $30m in a Series B extension round.

Inmarsat Selects SWISSto12 for New L-Band Satellites

On May 19, Inmarsat plc (Inmarsat) announced that it selected SWISSto12 S.A. to manufacture three small geostationary orbit satellites for Inmarsat's eighth-generation L-band network based on the HummingSat satellite platform.

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