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Joshua Faleti

Spaceport Esrange Ready for Satellite Launches

After years of preparation and construction, mainland EU’s first orbital launch complex, Spaceport Esrange, has officially been inaugurated by the Swedish Head of State, King Carl XVI Gustaf, the President of the European Commission, Ursula von der Leyen, and the Swedish Prime Minister, Ulf Kristersson. Thereby, the European Union introduced a new and long-awaited critical asset to its shared space infrastructure, offering an independent European gateway to Space from northernmost Sweden.

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EIB lends €300 million to finance SES’s new satellites program

The European Investment Bank (EIB) and SES have announced their €300 million financing agreement details. The seven-year term loan will back investments related to the design, procurement, and launch of three previously announced satellites that will deliver advanced broadcast and broadband services spanning Western Europe, Africa, and the Middle East. The loan is the largest amount that the EIB has ever provided to a Luxembourg-based company.

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AXESS Networks Among Best Global Teleport Operators

The World Teleport Association (WTA) has published its annual rankings for the Top Teleport Operators of 2022, with AXESS Networks emerging as one of the best teleport operators globally. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.

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Capella Space Raises $60M in Growth Equity

Capella Space, an American space technology company with data and satellite solutions for government and commercial applications, announced $60 million in growth equity financing in a follow-on to their Series C funding round through Thomas Tull’s US Innovation Technology Fund (USIT). Capella Space is one of the first companies to close financing through Tull’s USIT Fund, bringing the company’s total funding to approximately $250M.

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RFA’s First Launch to Take Place from SaxaVord Spaceport

Rocket Factory Augsburg AG (RFA) and SaxaVord Spaceport have announced their launch operations partnership. As a result of the partnership, RFA will have exclusive access to Launch Pad Fredo for orbital launches. Consequently, the company’s first launch of its RFA ONE launch system – currently planned for the end of 2023 – will take place from the northernmost point in the UK.

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