fb
FT Space 2022 - Banner

News

China’s Geely Announces US$326 Million Satellite Investment For Mobility Revolution Connectivity

Chinese automotive and technology giant Zhejiang Geely Holding Group announced on 3 March 2020 that it is investing 2.27 billion Yuan (US$326 million) in a satellite manufacturing facility to be located in the coastal city of Taizhou, Zhejiang province, considered to be the ‘hometown’ of the company. The satellite manufacturing …

Read More »

E2MC Update On Space Financing Rounds In February 2020

By Raphael Roettgen The over US$220 million of announced space-related financing rounds in February 2020 handily beat the January number (US$170 million). Two satellite communication companies, American Astranis (with its $90 million in equity and venture debt) and French Kinéis, were responsible for US$200 million of the total amount. Just …

Read More »

The European Commission Finances A Disruptive Recovery Solution For Small Launch Vehicles

With the rise of the small satellite, industry launch vehicles need new solutions to offer  tailored and cost-effective access to space. The space industry took a big leap forward when SpaceX started recovering the first stage of its rockets, thus decreasing launch prices drastically. Currently, reusability is one of the trending topics in the launcher industry.

Read More »