What Happened
Innovation Arm Invests in Operational Space Technologies
SpaceWERX, the innovation arm of the Space Force, has selected 11 companies for a new round of public-private funding agreements aimed at moving space technologies from prototypes toward operational use. The agreements are expected to draw a combined $562.5 million from government organizations and private investors. The companies will now work with SpaceWERX and Space Force organizations to negotiate agreements, establish milestones, and demonstrate that their technologies can meet military requirements. This development was first reported by SpaceNews.