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SpaceX’s first employee Tom Mueller has raised $500 million for Impulse Space, a company focused on orbital transfer vehicles that move satellites to their correct orbits. The funding values the startup at $4.26 billion.
Swiss startup PAVE Space raises $40M to develop orbital transfer vehicles, aiming to solve structural inefficiencies in the satellite lifecycle. The funding, led by Visionaries Club and Creandum, marks one of the largest seed rounds in European space.