Observable Space's $90M: Optics, a Space Force Contract, and Lux's Bet
Observable Space raised $90M Series A led by Lux Capital in May 2026, alongside a $94M Space Force contract — a textbook demand-backed space round.
Space technology has moved from government-only programs to a venture-backed commercial sector spanning launch, satellite communications, Earth observation, and in-space infrastructure. Our space-tech coverage tracks the mega-rounds and specialist funds backing this category.
Explore space tech venture capital news below.
Observable Space raised $90M Series A led by Lux Capital in May 2026, alongside a $94M Space Force contract — a textbook demand-backed space round.
Astranis raised $455M in May 2026 to scale its small geostationary satellites, bringing dedicated connectivity to underserved regions and customers.
CesiumAstro's large round anchors Austin as a hard-tech hub and shows commercial-plus-defense space comms as a fundable growth category.
Stoke's latest round extends Seattle's hard-tech profile and puts second-stage reuse back on the commercial launch roadmap.