BUSINESS & INVESTING

UKSA makes moves to cut red tape.

UKSA to become part of DSIT in April 2026. BlackSky signs a contract extension with HEO. Ursa Space receives funding from Sumitomo Corporation. And more.

Aug 20, 2025

BUSINESS & INVESTING MARKETING & COMMUNICATIONS

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Summary

The UK Space Agency (UKSA) to become part of the Department for Science, Innovation and Technology (DSIT) by April 2026. BlackSky has signed a seven-figure contract with HEO to provide fully-automated low-latency non-Earth imaging services for defense, intelligence and commercial use. Ursa Space Systems has announced a strategic investment from Sumitomo Corporation of Americas, and more.

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Selected Reading

UK space sector bolstered with government reforms to boost growth and cut red tape - GOV.UK

BlackSky Signs Seven-Figure Space Domain Awareness Expansion Contract with HEO for Fully Automated Non-Earth Imaging Missions

Sumitomo Corporation Invests in Ursa Space to Accelerate Global Growth and Expand into Japan

New Shepard’s 35th Mission Targets Liftoff on Saturday, August 23, Will Fly More Than 40 Payloads to Space | Blue Origin

Orbital Data Center Launching to ISS to Advance Space Computing

ESA Backs Hungarian Project to Improve Space Weather Forecasting

New Moon Discovered Orbiting Uranus Using NASA’s Webb Telescope

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