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Benchmark Space Systems, a Vermont-based developer of in-space propulsion products, has raised $33.2 million in new funding, according to a filing with the U.S. Securities and Exchange Committee. The Series B capital will be used to help the company manufacture at-scale and deliver on the more than 220 propulsion systems in its backlog, Benchmark CEO Ryan McDevitt told TechCrunch. To further boost its manufacturing capabilities, Benchmark also just moved into a new 40,000-square-foot office, testing and production space in Burlington, Vermont.

The UK government is providing £2.1 million of funding, through the UK Space Agency (UKSA), to boost UK-based involvement in space technologies such as

The International Space Station has a monopoly on in-space research, but the huge surge of interest in commercial space is starting to change that. Atmos Space Cargo, a German startup, is looking to open up the opportunities for life sciences research and manufacturing in orbit with its return capsules that will deliver cargo from space back to Earth. Atmos' service is tailored specifically for life sciences, according to the startup's website, which can include research into monoclonal antibodies, stem cells, artificially grown human tissue, and protein crystallization.

Atmos Space Cargo is building a return capsule to enable "microgravity on demand" for research and in-space manufacturing applications.

Looking for the latest Government Contracting News? Check out our story: Former ICEYE Exec Andrew Parlock Joins Space Forge as US Managing Director. Click to