WASHINGTON — U.K.-based startup Applied Atomics has raised $4 million in pre-seed financing and established a U.S. presence as it seeks to carve out a position in the market for spacecraft mobility, a sector attracting interest from military customers looking for more maneuverable satellites.

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Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...