India-based Bellatrix Aerospace was selected by Korean optical-payload maker TelePIX to build a very low Earth orbit demonstration satellite, supplying the bus and air-breathing electric propulsion while TelePIX provides its Chouette optical payload. Targeting operations between 180 and 230 km with a launch no earlier than 2028, the deal reflects accelerating global momentum behind ABEP, the same domain Vaxon Space is advancing for US defense and commercial customers.
A new Bay Area Space Ecosystem map highlights the region's growing concentration of space startups, suppliers, investors, and research organizations. Vaxon Space is included among the companies contributing to this expanding ecosystem, reflecting continued momentum around next-generation satellite architectures, VLEO platforms, defense applications, connectivity, and commercial space infrastructure.
Paris-based UNIVITY secured Series A funding to advance VLEO 5G demonstration and commercial deployment by 2028, signaling strong investor confidence in the VLEO connectivity market that Vaxon is positioned to lead in the US defense and commercial sectors.
The European Defence Agency launches a major initiative exploring VLEO for enhanced ISR and new mission architectures. The 36-month VLEO-DEF project, a consortium of 17 organizations led by Spain, validates the strategic importance of sub-200km satellite operations for modern defense applications worldwide.
Vaxon Space CEO Dr. Steven P. Shepard has a conversation with Aidan Daoussis of Balerion Space Ventures, discussing the momentum behind very low Earth orbit (VLEO) satellites and the mission use cases being built at Vaxon Space. The discussion includes why VLEO is becoming such an important domain for the next generation of space infrastructure, including opportunities for enhanced ISR, missile defense sensing and new AI-enabled space capabilities.
Selected for the IAI Catalyst cohort focused on autonomous systems, advanced sensing, AI computing, and VLEO satellites. Vaxon joins a prestigious group of defense-focused startups advancing next-generation space capabilities for US and allied forces.
Dr. Shepard spoke on ABEP, emerging VLEO use cases, and growing alignment across academia, industry, and government. The panel highlighted the maturation of VLEO technology and its increasing relevance for both defense and commercial applications.
Redwire receives a $44M Phase 2 DARPA contract under the Otter program for air-breathing satellite development, validating ABEP as a defense priority. This contract confirms the maturation of air-breathing electric propulsion technology that forms the technical foundation of Vaxon's propulsion system.
Kreios Space raises funding to develop VLEO satellite technology, joining a growing global ecosystem of companies validating the commercial and defense case for sub-250km orbital operations.
DeepSat wins a US Air Force AFWERX Direct to Phase II SBIR contract to develop a VLEO constellation architecture, further confirming DoD interest in persistent low-altitude space-based intelligence assets.