This week Harrison and Paul discuss major updates in the launch and Earth observation markets. In the launch industry Northrup Grumman's signals growth in solid rocket motor production, Castelion raises $350 million for hypersonic missile production and solid rocket manufacturing, Moonshot Space raises $12 million for a kinetic electromagnetic launch system, Isar Aerospace secures a launch contract, and international launch success from China and South Korea. In Earth observation, MDA space wins a C$44.7 million contract for Radarsat extension and Iceye achieves a valuation of €2.8 billion following their Series E round. Other news includes Reditus Space’s $7 million seed round for reusable re-entry vehicles, Space Leasing International's purchase of two satellites from Ascendark, Transcelestial's expanded funding and collaboration with JAXA for high altitude optical terminals, funding for nuclear power companies Antares and X-Energy, and a new partnership for in-space refueling between Dawn Aerospace and Cosmoserve Space.

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