OUTERSPACE TODAYNEWS
← All editionsMonday, August 24, 2026 / Issue 061
[ OST Daily ]

Starcloud Raises $250M for Orbital Data Centers, Trump's Transportation Policy Calls for a New Heavy-Lift Spaceport, China Stands Down Chang'e 7

OST Daily August 24, 2026 — Starcloud added a $250 million Series A extension at a $2.3 billion valuation for orbital data centers while racing to lock in launch capacity, the national space transportation policy President Trump signed on Thursday directs the Interior Department to find federal land for a heavy- and super-heavy-lift spaceport, and China stood Chang'e 7 down from its lunar south pole launch window.
The daily pictureOST editorial illustration · 2026-08-24
[ 01 ]

The briefing

President Trump signed a new National Space Transportation Policy on Thursday calling for U.S. launch and reentry ranges to support more than 1,000 flights a year by 2030, up from 176 orbital attempts from U.S. soil last year. The memorandum, which replaces the 2013 Obama-era policy, directs the Pentagon and NASA to coordinate infrastructure investments at Cape Canaveral, Kennedy, Vandenberg and Wallops, tells the Interior Department to identify federal land for an additional heavy-lift spaceport, and orders regular publication of range schedules that today stay private until days before flight.

Orbital data-center startup Starcloud put a price on that demand, adding a $250 million extension to its March Series A at a $2.3 billion valuation and is racing to lock in launch capacity before SpaceX phases out Falcon 9 in 2028. CEO Philip Johnston said the company plans to fly two 8 kW Starcloud-2 compute satellites on rideshare in 2027 and is designing its larger Starcloud-3 for Starship, even as Elon Musk pushed the next Starship reflight to late 2026 or early 2027. Starcloud has already filed with the FCC to operate up to 88,000 spacecraft.

On the other side of the Pacific, China stood down its Chang'e 7 lunar south pole mission, saying the flight "does not meet the conditions for launch" during the current window at Wenchang and that another suitable opportunity may not open until February or March 2027. The delay, complicated by Typhoon Narra and by the 90-day lunar orbit reconnaissance built into the mission plan, cedes near-term visibility at Shackleton Crater and the Moon's permanently shadowed cold traps to NASA's Artemis program.

[ 02 / 6 items ]

The headlines

01

Transportation policy orders a search for federal land for a heavy-lift spaceport

SpaceX

President Trump on Thursday signed a National Space Transportation Policy directing U.S. ranges to support more than 1,000 launches and reentries a year by 2030, up from 176 orbital attempts from U.S. soil last year. The memorandum tells the Pentagon and NASA to coordinate infrastructure investments at Cape Canaveral, Kennedy, Vandenberg and Wallops, orders regular publication of range schedules, and directs the Interior Department to identify federal land for an additional heavy- and super-heavy-lift spaceport.

02

Starcloud adds $250M for orbital data centers as Falcon 9 capacity tightens

SpaceX

Starcloud added a $250 million extension to its March Series A, valuing the orbital data-center startup at $2.3 billion. CEO Philip Johnston said the company will scale a larger manufacturing facility and advance Starcloud-3 for Starship, while flying two 8 kW Starcloud-2 compute satellites on rideshare in 2027 for U.S. government customers. Starcloud is weighing a dedicated Falcon 9 buy and other launch contracts as SpaceX moves to retire Falcon 9 in 2028; it has filed with the FCC to operate up to 88,000 spacecraft.

03

China delays Chang'e 7 lunar south pole mission to 2027

China's manned space program said the Chang'e 7 mission "does not meet the conditions for launch" and will stand down from the current window at Wenchang, with social-media chatter pointing to February or March 2027 as the next opportunity. The lunar orbiter, lander, rover and hopper are designed to land near Shackleton Crater at the Moon's south pole after a 90-day orbital reconnaissance. Typhoon Narra is complicating the current window, and the delay comes days after a Long March 7A failure raised questions about the YF-100 engines shared with Chang'e 7's Long March 5.

04

SpaceX passes 100 orbital launches for 2026 with Starlink 15-20

SpaceX

SpaceX launched its 100th orbital mission of 2026 shortly after midnight on Saturday, when a Falcon 9 lifted off from Vandenberg's Space Launch Complex 4 East at 12:25 a.m. PDT carrying 29 Starlink satellites for the 15-20 mission. Booster B1100 flew its ninth flight after prior NROL-105 and Starlink missions and landed on Of Course I Still Love You, the 220th landing on that droneship and the 653rd Falcon booster recovery to date. CEO Elon Musk said Friday that Starlink now has more than 11,000 satellites in orbit.

05

Space Force names 11 STRATFI awardees with $562.5M in combined funding

At the Fed Supernova conference, SpaceWERX named 11 recipients of its 2026 Strategic Funding Increase program, with $562.5 million in combined SpaceWERX, program-office and private capital across the cohort, including $245 million matched by private investors this cycle. Director Arthur Grijalva framed STRATFI as a signal of Space Force demand to help startups scale SBIR and STTR Phase II prototypes into Phase III programs. Prior STRATFI recipients include Impulse Space, K2 Space, Apex, True Anomaly and Astranis.

06

York Space cuts 2026 revenue target 32% and blames delayed contracts

YSS

York Space Systems, whose January NYSE IPO generated $583.4 million in net proceeds, told investors that its 2026 revenue target will fall roughly 32% from a level reaffirmed just three months ago. CEO commentary tied the shortfall to a sudden change in U.S. government contracting policy for space hardware and supply-chain issues, and management said the affected contracts have been delayed and remain in place. York shares are down more than 60% since the IPO.

[ 03 / +24 / -21 ]

Market pulse

Archived snapshot from this edition. Prices and moves are not live.

Gainers+24
Decliners-21
Big mover SATL-4.2%
AssetSnapshotMoveTrend
ATROAstronics$77.51+4.0%
GLWCorning$152.78+3.8%
RBCRBC Bearings$513.95+3.6%
SATLSatellogic$5.13-4.2%
ASTSAST SpaceMobile$59.88-3.4%
LUNRIntuitive Machines$16.11-3.0%
[ 04 / 3 tracked ]

Launch watch

Schedule and countdowns as recorded in the 2026-08-24 edition.

Ariane 62 | MTG-I2

Arianespace · Ariane 62 · Ariane Launch Area 4 · Guiana Space Centre, French Guiana · GTO

Angara 1.2 | Kosmos ()

Russian Space Forces · Angara 1.2 · 35/1 · Plesetsk Cosmodrome, Russian Federation

[ 05 / 5 in window ]

Filings

[ End of Issue 061 ]

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