Illustration of a small cylindrical spacecraft heading to the moon.
Illustration of a Celestis spacecraft heading to the moon. Credit: CasparStanley / DeviantArt; CC BY-NC-ND 3.0

Sept. 29 update: Space Beyond CEO Ryan Mitchell said he is exploring additional seed funding avenues after the startup’s canceled Kickstarter campaign reached less than 9% of its funding target.

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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,...