News

In this Space Cafe German edition, Andreas Schepers talked with Daniel Metzler,, co-founder and CEO of Isar Aerospace , provided insights into the development and future of the launcher start-up. As of today, IsarAerospace has 170 employees. According to Metzler, these are mainly young professionals who are often hired directly from university. A locational advantage as a German company

June 2021 saw over $1.5 billion raised in private fundraising for space-related companies. No space company mergers with SPACs in June but, as we already know by now, SPACs will appear again in the July edition of our financing review, with Satellogic’s and Planet’s mergers already having been announced.

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.

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.

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).

During this week’s Space Café, SpaceWatch.Global publisher, Torsten Kriening had the opportunity to speak with one of the industry’s “hidden gems”, Professor Enrico Stoll, who is the new Chair of Space Technology at Technische Universität Berlin, Germany’s first technical university.

As part of the partnership between SpaceWatch.Global and Joint Air Power Competence Centre, we have been granted permission to publish selected articles and texts. We are pleased to present “Modular Satellite Manufacturing to Enhance Space Assets Resiliency” by Mr Tal Azoulay, Ms Giulia Federico, and Mr Ran Qedar, originally published on the Joint Air Power Competence Centre website.

The second session of the Space Café Scotland by Angela Mathis, on Thursday 1st July 2021, explores how Scotland plans ‘to lead by example' and has in its sights the competitive advantage of developing highly differentiating technologies and services for an end-to-end Sustainable New Space Industry.

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.

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.