Hanwha Aerospace Opens Its R&D Wish List to Court Startup Tech Partners

techtimes.com Jun 20, 2026

Hanwha Aerospace Opens Its R&D Wish List to Court Startup Tech Partners

Curated by Shubham · TechCapsules · Jun 20, 2026

AI-summarised brief · reviewed before publication

Hanwha Aerospace is seeking partners to co-develop next-generation technologies by publicly disclosing its internal development challenges. The South Korean defense company participated in the NextRise 2026 startup fair to recruit partners for 12 projects, including autonomous-driving AI and counter-drone systems. Hanwha aims to reduce reliance on foreign suppliers, as dependence on overseas vendors has become a liability in the past. The company is looking for domestic alternatives to critical parts, such as a 28-volt vehicle DC generator and battery monitoring hardware. This approach allows Hanwha to tap into niche specialties and fast-moving expertise.

💡 Why It Matters

· By crowdsourcing solutions, Hanwha can access innovative technologies that might not be available through traditional procurement channels.
· This approach also helps the company mitigate geopolitical and export-control risks associated with importing critical parts.

Read full article on techtimes.com

Menstruation in space will be studied for 1st time with ‘Operation Period’

Virgin Galactic is partnering with non-profit organization Operation Period to launch the first study dedicated to researching menstruation in microgravity. Led by Gen-Z researchers, Operation Period aims to provide "menstrual freedom" and tackle issues that leave people without access to menstrual products. The study, Operation Period-01, will be conducted on a suborbital flight in 2027 by the organization's founders, who will become some of the youngest South Asian women to travel to space. The research aims to address the current issues of menstruation in space, including the limited data on the topic and the reliance on hormonal suppression methods.

💡 This mission highlights the need for inclusive space exploration that prioritizes the health and well-being of all astronauts, regardless of their menstrual status. By collecting comprehensive data on menstruation in space, Operation Period aims to break down barriers and ensure that astronauts have access to the same opportunities and choices as their peers on Earth.

spacenews.com · Jun 20

Austrian propulsion startup joins sovereign space funding surge

Austrian satellite propulsion startup Gate Space has secured 6.3 million euros ($7.2 million) in funding from Europe's government-backed accelerator program. The funding will accelerate the industrialization of chemical propulsion technology, set to debut on Austria's inaugural military satellite, BeaconSat, in February. Gate Space is developing high-thrust chemical propulsion systems for satellites, capsules, and landing vehicles, with a focus on providing reliable maneuvering capabilities for safe collision avoidance and de-orbiting. The startup has also secured customer missions, including the European Space Agency's ASTRAL space refueling mission.

💡 The surge in funding for European space companies like Gate Space underscores a growing recognition of the importance of a European industrial base for space technology. By developing its own space capabilities, Europe aims to reduce its reliance on SpaceX and other foreign providers, promoting greater space sovereignty and economic opportunity.

spacenews.com · Jun 20

ElevationSpace Secures US $40 Million in Series B Funding, Bringing Total Raised…

ElevationSpace Inc. has secured US $40 million in its Series B funding round, bringing the total raised to US $63.5 million. The company is developing space-to-Earth transportation services and a space environment utilization and recovery platform, leveraging Japan's expertise in small satellite lift-guided re-entry. The funding will support the development and operation of the company's services, as well as its global expansion. ElevationSpace is close to completing the assembly of its first private re-entry satellite, the "AOBA," and has established partnerships with companies such as Axiom Space and Redwire.

💡 This funding milestone underscores the growing demand for space transportation and low-Earth orbit utilization services, and ElevationSpace's leadership in this space. The company's innovative technology and strategic partnerships position it for significant growth in the post-ISS era.

spacenews.com · Jun 20

MDA Space to buy Blue Canyon Technologies to gain foothold in U.S.…

MDA Space is acquiring Blue Canyon Technologies for $620 million, gaining access to the US government market. The deal is expected to close by the end of the year, pending regulatory approvals. Blue Canyon Technologies, founded in 2008, builds smallsats and components, with over 400 employees in Colorado. The company is projected to generate $160 million in revenue in 2026, with 75% of its revenue coming from defense work. MDA Space aims to win more business from the US government, particularly in defense, with this strategic acquisition. The company plans to explore synergies between Blue Canyon Technologies and its own spacecraft.

💡 MDA Space gains a strategic foothold in the world's most important defense market, enabling it to pursue classified work and compete for prime contracts. This acquisition strengthens its position to serve US defense customers directly.

space.com · Jun 20

A private company will build and launch NASA’s next Mars orbiter in…

NASA has announced a public-private partnership with Relativity Space to design, build, and launch a spacecraft carrying the Aeolus instrument suite to Mars in 2028. The Aeolus mission will provide daily measurements of the planet's global environment, collecting data on Martian dust and cloud cover, winds, and temperatures. The partnership aims to allow NASA to concentrate its resources on science discovery, with Relativity Space responsible for designing the spacecraft, launch, and satellite operations. The mission will refine scientific models for the Martian environment and reduce risks to future robotic and crewed missions. NASA will support Aeolus' scientific operations for at least one Martian year.

💡 By leveraging commercial innovation, NASA can accelerate the pace of scientific discovery and reduce the time it takes to get essential data into the hands of researchers. This partnership enables the agency to focus on high-priority science objectives while relying on private industry for spacecraft design and launch capabilities.

spacenews.com · Jun 20

India’s Jio lays out sovereign LEO constellation plan ahead of IPO

Jio Platforms, owner of India's largest telco, plans to lease broadband capacity from global satellite constellations to establish its own sovereign low Earth orbit network. Managing Director Akash Ambani stated that partnering with global constellation providers will accelerate service availability. Jio submitted draft papers for an Initial Public Offering on the same day. The company aims to connect remote villages, island communities, and border outposts where its network cannot reach. Jio will also build its own ground infrastructure to support its LEO ambitions, creating an end-to-end satellite broadband ecosystem. India's government has tightened security and data compliance rules for satellite connectivity.

💡 Jio's sovereign LEO network could bridge the connectivity gap in India's remote areas, promoting digital inclusion and economic growth. India's restrictive data compliance rules may influence Jio's technical approach, potentially limiting the use of inter-satellite laser links.