SC 33 - Connor

Joshua Faleti

SKY Perfect JSAT Announces Investment With Space Startups

SKY Perfect JSAT

SKY Perfect JSAT Corporation has announced its decision to invest 10 billion yen in domestic and international space-related startups and space venture funds. In addition to this investment, SKY Perfect JSAT will collaborate with the acceleration program “AXELA” from the SPACETIDE Foundation. This collaboration aims to combine SKY Perfect JSAT’s accumulated insights and assets with the new technologies of startups, fostering the co-creation of new space businesses for a sustainable future.

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Interstellar Selected by JAXA as Priority Launch Provider

Interstellar Technologies

Interstellar Technologies Inc., a comprehensive space infrastructure company, has announced the signing of a basic agreement with the Japan Aerospace Exploration Agency (JAXA) regarding the procurement of launch transport services. The agreement looks to select private-sector entities capable of launching satellites developed under JAXA’s small satellite missions, thus advancing the commercialization of space transportation services by startups and other entities through launch contract procurement.

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Vast Announces Claw Mowry as Newest Advisor

Vast, a space habitation technologies company, has announced the appointment of Clay Mowry as its newest Advisor. Mowry’s career spans over two decades in the commercial launch, satellite, and space station sectors. Furthermore, as President of the International Astronautical Federation (IAF), Mowry is a globally recognized leader in the space community, within industry and government alike.

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Koonibba Test Range Gets Set for Inaugural Launch

Southern Launch

The new launch facilities at the Koonibba Test Range, South Australia’s first permanent spaceport, are almost complete ahead of the impending inaugural launch. Located northwest of Ceduna, the range is a partnership between Southern Launch and the Koonibba Community Aboriginal Corporation. It is the largest commercial testing range in the Southern Hemisphere. Subject to final regulatory approval, the spaceport will witness its first suborbital test launch of German manufacturer HyImpulse’s SR75 rocket at the end of April or early May.

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Spire Global to Scale Constellation for HANCOM InSpace

Spire Global logo. Credit Spire Global

Spire Global, Inc. has announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3, two additional satellites with Spire Space Services. Under this agreement, Spire will build and operate the satellites, expanding the capabilities of HANCOM-1 (Sejong-1). Together, these satellites will form a constellation for Korea’s first three-satellite remote sensing image data service.

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Orbex Secures Patent for ‘Petal Fold’ Reusable Rocket Technology

Upwards view of Orbex Prime rocket. Credit Orbex

Orbex has successfully patented its REFLIGHT reusable rocket technology following patent approval in several European markets, based on the patent grant by the European Patent Office, as well as in the United States. The technology works well with micro-launcher rockets like Orbex’s Prime rocket since it enables recovery of the launch vehicle by repurposing existing structural features while adding very little additional weight to the vehicle. It thereby enables reusability with very limited overall performance penalty and no additional rocket propulsion emissions in the upper atmosphere during re-entry.

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SS&T Committee Expresses Cautious Support for MSR Mission

JPL

The Space and Aeronautics Subcommittee of the House Science, Space, and Technology (SS&T) Committee held a hearing on NASA’s science programs, which revolved around the fate of the Mars Sample Return mission (MSR). The JPL had earlier cut back on its activities around the mission in light of a federal budget that could limit spending on the Mars Sample Return mission.

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UKspace Appoints Colin Baldwin as New Executive Director

UK Space Satellite Image. Credit UK Space Agency

UKspace has appointed Colin Baldwin as Executive Director of UKspace to lead the organization, following the decision by its Director, Lizzie Kerr, to step down from her role with the official trade association of the UK space industry. Lizzie will be retiring on 30 June 2024 after more than five and a half years in her post. Colin Baldwin's appointment as Executive Director of UKspace will consequently take effect from 1 July 2024.

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Ingersoll Rand Acquires ILC to Expand Presence in Life Sciences

Ingersoll Rand

Ingersoll Rand Inc. has entered into an agreement to acquire ILC Dover (ILC) from New Mountain Capital, LLC, a growth-oriented investment firm with approximately $50 billion in assets under management. The deal includes an upfront cash purchase price of approximately $2.325 billion and an earnout tied to the achievement of select operating efficiency metrics in 2024. At its maximum payout, the earnout increases the 17x upfront purchase multiple by less than one turn.

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