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The night sky. Photo: Ali Kemal Atik/Anadolu Agency via Getty Images

Astroscale, a Singapore-based developer of space debris removal services, has raised $50 million, led by INCJ and joined by SBI Investment and Mitsubishi Estate Co.

Why it matters: There are an estimated 750,000 pieces of space debris at least one centimeter long, and that poses a major danger for the growing number of commercial space companies — particularly those focused on low Earth orbit satellite clusters.

Bottom line: "The company is currently working on its first debris capture demonstration mission, which is scheduled to launch in early 2020. [It] will consist of two spacecrafts, a Chaser and a Target, stacked together. The Chaser will repeatedly release and capture the Target in a series of demonstrations, including rendezvous and docking, and proximity operations." — Annamarie Nyiradi, Via Satellite

Go deeper: Yes, there really is a lot of space junk.

Go deeper

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

Far-right figure "Baked Alaska" arrested for involvement in Capitol siege

Photo: Shay Horse/NurPhoto via Getty Images

The FBI arrested far-right media figure Tim Gionet, known as "Baked Alaska," on Saturday for his involvement in last week's Capitol riot, according to a statement of facts filed in the U.S. District Court in the District of Columbia.

The state of play: Gionet was arrested in Houston on charges related to disorderly or disruptive conduct on the Capitol grounds or in any of the Capitol buildings with the intent to impede, disrupt, or disturb the orderly conduct of a session, per AP.