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  1. Sierra Space’s Dream Chaser debut delayed; contract reshaped

    The inaugural Dream Chaser cargo spaceplane mission is postponed to “no earlier than late 2026,” and it will now perform a free‑flyer mission rather than docking to the ISS under the original CRS‑2 terms. The delay and scope reduction weaken near-...
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  2. SDA Awards L3Harris and Sierra Space $1.75B

    The Space Development Agency awarded L3Harris approximately $955 million for 18 missile defense satellites and Sierra Space approximately $798 million for 18 missile warning and tracking satellites, totaling $1.75 billion for Tranche 3 of the Trac...
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  3. Sierra Space raised $550 million at an $8 billion valuation

    Sierra Space raised $550 million in a Series C round at an $8 billion valuation. The funding, led by LuminArx, is earmarked for expanding production and supporting defense and intelligence solutions. This is not a broad “space is hot again” read. ...
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