Welcome again to Max Q, our weekly e-newsletter about space and the enterprise thereof.
NFTs had been certain to intersect with space in various methods, and the best way they do on this week’s e-newsletter may be very possible not the primary such intersection, but it’s the first one I’ve seen. Also, some hiccups for main M&A within the sector.
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Lambo cashes in on NFTs, with a space station twist
No, you may’t purchase a automotive that’s been to space (those tend not to come back for the most part). But Lamborghini is dabbling in NFTs, promoting ones which might be matched up with paired bodily artworks. All of these objects have truly been to space, with brief stints on the International Space Station in 2020.
The digital NFTs you’re shopping for aren’t truly simply pictures of these tiny items of carbon; every is a body from a gif of a computer-generated picture of a Lamborghini being launched into space and kind of coming aside. But at the least even when the entire digital artifact market goes completely bust, you’ll be left with one thing tangible to carry onto for your buy value. Something that’s slipped the surly bonds of Earth, no much less.
FTC sues to cease Lockheed Martin buying Aerojet Rocketdyne
The U.S. commerce regulator isn’t pleased with the proposed $4.4 billion merger between primary defense contractor Lockheed Martin and top-tier supplier Aerojet Rocketdyne. It formally filed go well with to dam the deal final week, citing various causes, together with decreased competitors among the many prime U.S. protection contractors, and the potential that in selecting up Aerojet, Lockheed would possibly develop into aware about a bit of an excessive amount of data concerning its competitors, a lot of which the smaller firm already does enterprise with.
The excellent news is that the FTC may be very express in that that is principally about making certain the U.S. protection business stays as sturdy and high-performing as potential for the sake of nationwide protection, somewhat than some other cause which may trickle right down to different M&A exercise round a lot youthful, earlier-stage startups and firms.
Epsilon3 raises seed funding to modernize the launch backoffice
Speaking of startups, a brand new one referred to as Epsilon3 has raised a sizeable seed round of $2.8 million to deal with an oft-overlooked problem within the space business. Despite large stars like SpaceX coming in and difficult a variety of assumption round rockets and the bodily launches themselves, you’d be stunned how unchanged a variety of the behind-the-scenes stuff round launch operations (and in-space operations) truly is.
Espilon3, which was a part of YC’s Summer 2021 cohort, is difficult that. The CEO and co-founder got here from SpaceX and Northrop Grumman, too, so she is aware of a factor or two about how corporations large and small get their rockets off the bottom and into space.
Other information from TC and past
Xplore finds its first satellite provider for a sequence of upcoming missions by means of a take care of OrbAstro.
Skyroot raises $4.5 million in new funding in a bridge spherical, and expects to have its first satellite tv for pc on orbit this 12 months.