The investment bank told investors that growth in artificial intelligence and the space industry could drive gains for SpaceX after a difficult stretch.
The event will bring together representatives from industry, education and the space sector to discuss how to build the skills pipeline needed for the growing space economy.
After years of work, the company is moving its Otter satellite platform from development into operational flight, according to Ars Technica.
The initiative brings regional partners together around technical training, small-business engagement and workforce development.
Despite the growth of low-cost rideshare missions, certain satellite operators say dedicated launches remain essential for their operations, according to a report by Ars Technica.
New investment will go toward building two additional launchpads at the Shetland spaceport site, according to a BBC report.
French-German startup says the funding is the largest-ever Series C for a European space company as it seeks to compete with SpaceX.