Thales Q3 Orders Surge 15% on Defense and Space Demand
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Belgian investment firm PMV commits €10M to Space Applications Services, a veteran aerospace contractor with ISS experience and a partner in the Starlab commercial station. The funding supports the company's LUVMI-M lunar rover, slated for a 2029 Moon mission, which the firm claims will be the first fully operational rover of its kind. The investment signals growing private and public backing for commercial space ventures, though the rover's operational status remains unproven.
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