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Apollo Fusion has raised additional funding through a Series B round led by venture fund Greylock Partners to support the development of its electric satellite thrusters known as Apollo Constellation Engine (ACE). ....
Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the satellite-to-cell market, with Swarm telling customers that it plans to offer a version of its low-power M138 modem that is compatible with SpaceX’s Direct to Cell network. While Swarm said that it will continue to support ongoing VHF communications between Earth and space using its SwarmBEEs satellite constellation, it does seem like it will ultimately yield to its parent company’s ambitions to connect mobile phones and IoT devices on its own network. ....
Astra is carving out its spacecraft engine business as a wholly owned subsidiary, a corporate restructuring that will provide greater flexibility in hiring and financing, according to documents viewed by TechCrunch and a person familiar with the matter. The new subsidiary, Astra Spacecraft Engines, Inc., was incorporated in Delaware on June 5 and filed with the state of California on June 13, corporate records show. There were two motives for the restructuring, related to operations and financing, the person said. ....