What Happened
Pentagon Bolsters Launch And Space Monitoring Capabilities
The US Defense Department’s Office of Strategic Capital has announced three loans totaling $450 million to US space firms Rocket Lab, Stoke Space, and LeoLabs. The funding aims to increase launch and space monitoring capacities, addressing concerns about a potential gap in space launch vehicle availability post-2028. The loans are part of the Pentagon’s efforts to support domestic space industry growth, as reported by Breaking Defense.