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SWF Banner 2 June 2021

Markus Payer

Rovial consortium to launch European satcom network

The satcom startup Rovial wants to form a consortium with Mynaric, Reflex Aerospace and Isar Aerospace to develop, build and operate “an independent European satellite-based communications network”, the company based in Paris announced. Rovial unveiled its plan to “develop, build and operate an European-centric, secure, end-to-end, high-capacity, and scalable satellite constellation”

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G7 call on other nations to protect space

The G7 nations committed to a safe and sustainable use of space at their leaders’ summit in Carbis Bay, Cornwall, the UK government said. Delegates from Canada, France, Germany, Italy, Japan, the USA, the UK and the EU pledged to take action to tackle the growing hazard of space debris as our planet’s orbit becomes increasingly crowded, the UK said.

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Blue Origin sells seat on New Shepard’s first human flight for $28 million

Blue Origin sold a seat on its first human spaceflight in July for $28 million, the company said. Jeff Bezos’ space venture auctioned off a seat for $28 million on its first crewed spaceflight scheduled on July 20, it said; the winning bidder will fly to space with the Amazon founder and his brother Mark on Blue Origin’s New Shepard rocket.

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Virgin Orbit eyes SPAC deal valuing it at $3bn, Sky reports

Virgin Orbit is close to merging with a SPAC, valuing Richard Branson’s company at $3 billion, Sky News reported. Virgin Orbit is close to finalising a deal to combine with NextGen Acquisition II, a special purpose acquisition company (SPAC) set up by George Mattson, a former Goldman Sachs banker, Sky News reported.

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