News

Astroscale Holdings Inc., has closed a Series G round with more than U.S. $76 million in funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation. 

IENAI SPACE, an in-space mobility provider based in Madrid, Spain, has received two European Space Agency (ESA) contracts within the General Support Technology Program (GSTP), with a total budget of EUR 1.2 million. The contracts will allow the Company to mature and further develop their ATHENA (Adaptable THruster based on Electrospray powered by NAnotechnology) propulsion systems, a prototype version of the propulsion system flew aboard Firefly’s first flight to orbit in October 2022.

2023 is a pivotal year for European space domain. With several challenges knocking at its doors -among others, the necessity to sever itself from Russia and to defend its communication assets, and the lack of a heavy rocket launcher -which makes the Union dependent on the American SpaceX for constellation launches- the discussion on how and where Europe should strategically invest to remain in the game is of pivotal relevance. The debate often focuses on the amount of funding available and the magnitude of difference between Europe and the US. However, this might be an incomplete way to look at the picture. What if there are smarter ways to be independent and competitive, even with a smaller budget?

BeetleSat has announced the successful deployment of its lightweight, very-high data rate, expandable antenna in space. The in-orbit deployment of BeetleSat’s 60 cm expandable antenna from a 6U CubeSat is a significant milestone in the development of the BeetleSat constellation and proves the viability of its proprietary technology, according to Business Wire. 

CisLunar Industries alongside partners Astroscale U.S., Colorado State University, and another yet to be named, have been awarded a $1.7M Direct-to-Phase II SBIR contract by SpaceWERX, the innovation arm of the U.S. Space Force (USSF). 

United Launch Alliance (ULA) has set May 4 for the maiden launch of its Vulcan rocket. The flight will launch Astrobotic Technology’s Peregrine spacecraft to land on the Moon as well as two other payloads.

Bayanat, a AI-powered geospatial solutions provider, signed a Memorandum of Understanding (MoU) with AI Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange, to develop an in-country space programme. 

Euroconsult, a global consulting firm for satellite-enabled markets, reported in their latest edition of FSS Capacity Pricing Trends that fixed-satellite service (FSS) capacity pricing is decreasing at a rapid rate. This is due to services supported by next-generation geostationary (GEO) and non-geostationary orbit (NGSO) HTS systems such as Starlink undercutting the market. At the highest industry level, FSS capacity pricing continued to erode in 2022, as the global volume of leased and used capacity increased at a rate that outpaced the growth in satellite operator revenues.

GHGSat has announced the upcoming launches of six additional satellites in 2023. The first three are GHGSat satellites, named Mey-Lin (C6), Gaspard (C7) and Océane (C8), which will travel into orbit this Spring onboard SpaceX’s Transporter-7 rideshare mission.

Rivada Space Networks GmbH (RSN), a wholly owned subsidiary of U.S.-based Rivada Networks, Inc., has engaged Terran Orbital’s wholly owned subsidiary Tyvak Nano-Satellite Systems, Inc. to manufacture 300 low-earth-orbit (LEO) satellites for Rivada’s innovative “network in the sky.” RSN’s space-based data network will provide fiber-like low latency and gigabit per second data delivery, which is ultra-secure and extremely resilient.