TAMPA, Fla. — ClearSpace has started procuring spacecraft parts for its inaugural debris de-orbit mission in 2026, the Swiss startup said after announcing Feb. 21 it had cleared its first major program review.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...