LEOcloud and Ramon.Space partner to build a satellite-hosted cloud, the companies announced. They entered into a partnership to develop satellite-hosted cloud edge computing capabilities for commercial, government and military customers, the companies said.
Read More »Israel’s SpaceIL raises $70 million for second Moon mission
They will try again: Israel’s SpaceIL, the company that lost the Beresheet satellite on the Moon two years ago, raised $70 million for its second mission in 2024, media reports and SpaceIL said. SpaceIL estimates the total cost of the mission at $100 million.
Read More »Branson succeeds round trip to space on Virgin Galactic’s VSS Unity
He made it: Sir Richard Branson and three colleagues from his space company Virgin Galactic took the round trip to the edge of space. Virgin Galactic’s VSS Unity successfully reached space yesterday, completing the company’s fourth rocket-powered spaceflight.
Read More »Yahsat to start trading on 14 July, expects €1.54 bn market cap
Yahsat offers 976 million shares for € 0.63 per share, the company said, representing 40% of the company’s share capital; it expects a market capitalization of € 1.54 billion upon listing, the company said. The offering was multiple times oversubscribed, Yahsat said, with “significant demand” from institutional investors, individuals and others in the United Arab Emirates (UAE).
Read More »ESA funds QinetiQ satellite to host and demonstrate new technologies
The European Space Agency (ESA) has mandated the British defense and security group QinetiQ to demonstrate and validate innovative satellite technologies on a spacecraft built on QinetiQ’s PROBA platform, the company announced. Funded by ESA, QinetiQ is to deliver and operate a satellite that will host up to 13 different on-board experiments.
Read More »Boeing extends partnership with OHB’s MT Aerospace
More Boeing in Bavaria: MT Aerospace partners with Boeing to supply solutions for Boeing’s commercial, defense and space programs over the next few years, the OHB affiliate said. Both companies signed a partnership agreement to further diversify and expand MT Aerospace’s supplier activities for Boeing, the company based in Augsburg, Germany, said.
Read More »Planet goes public with SPAC, valued at $2.8 billion
More space at the stock exchange: the Earth observation company Planet will go public at the New York Stock Exchange (NYSE), in a SPAC transaction valuing the startup at $2.8 billion, Planet said. It entered into a merger agreement with dMY Technology Group, a publicly traded special purpose acquisition company (SPAC).
Read More »ICEYE says it will soon offer daily and coherent coverage
The satellite radar specialist ICEYE can offer its customers now a coherent daily tracking and monitoring, the company said, providing what it calls the “world’s most frequent coherent radar satellite data coverage”. ICEYE announced the achievement of Daily Coherent Ground Track Repeat (GTR) imaging with its radar satellites.
Read More »Satellogic to go public via SPAC, valued at $850 million
The satellite imagery specialist Satellogic wants to go public through a SPAC merger, valuing the company at $850 million, the firm said. Satellogic is going public through a merger with Cantor Fitzgerald’s CF Acquisition Corp. V. Leading institutional investors participate in the transaction through private investments of $100 million.
Read More »OQ’s 5G nanosat Tiger-2 also shared SpaceX ride
Another SpaceX rideshare passenger last week was Tiger-2, a commercial 5G Internet of Things (IoT) satellite built and owned by 5G OQ Technology, a startup based in Luxembourg. Tiger-2 was successfully launched – together with 87 other satellites – aboard the SpaceX Transporter-2 rideshare mission, OQ said.
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