The Journal of Space Commerce

The Journal of Space Commerce

Space Technology Firm Secures $30M to Advance Satellite Network

Funding Accelerates Development of Low-Cost Broadband Constellation Targeting 2026 Launch

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Tom Patton
Aug 22, 2025
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SpinLaunch Meridian Satellite

A California-based space technology company has closed $30 million in funding to speed development of its low-earth orbit satellite broadband network. SpinLaunch announced the investment will help accelerate commercialization of its Meridian Space constellation, which aims to provide cost-effective global satellite communica…

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