News

The Virgin Group, the parent company of Virgin Galactic and Virgin Orbit, has withdrawn from all discussions over a U.S.$1 billion investment in its space activities with Saudi Arabia's Public Investment Fund (PIF) following the alleged torture and murder of dissident Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul, Turkey, on 2 October 2018.

South Korea is considering drawing up rules of engagement in cyberspace to better defend against growing threats from North Korea and other unidentified threat actors, the South Korean military revealed on 14 October 2018, according to a report from the Yonhap News Agency.

Pioneering NewSpace company, Satellite Vu, will take part in GITEX Future Stars, the fastest growing start-up event in MENA and Southeast Asia.

At UNISPACE50+, held earlier this year to celebrate 50 years of space, a new competition was launched by NewSpace 2060 in collaboration with the Moon Village Association (MVA) to encourage everyone to engage with the vision of a NewSpace economy by 2060. The competition encourages interested parties from entrepreneurs and start-ups to seasoned NASA scientists to give a 3-minute pitch on any aspect of going to the Moon and what they would like to do there.

Australian New Space satellite communications company Myriota has created a new facility on the outskirts of Adelaide, South Australia, and has announced that it plans to create 50 new jobs over the next two years to accelerate its nanosatellite-enabled Internet of Things (IoT) venture.

U.S. New Space investment company Space Angels has released its Space Investment Quarterly for the third quarter of 2018, and the report reveals that China is now the leading investor in New Space companies, expanding its market share more than any other country.

Firefly Aerospace, Inc., a developer of orbital launch vehicles for the small to medium satellite market, announced on 10 October 2018 the execution of a Memorandum of Understanding (MoU) with York Space Systems for the development of integrated launch services and spacecraft mission solutions.

Intelsat S.A. has announced that APT Mobile Satcom Ltd. (APSATCOM) will become the first maritime solution partner to offer, in China, IntelsatOne Flex for maritime services. This agreement will deliver a seamless global maritime network for APSATCOM’s customers, providing unparalleled throughput, improved economics, and easier access to broadband services.

Sky and Space Global (SAS), the New Space narrowband satellite communications company listed on the Australian Stock Exchange (ASX), made a number of announcements this week that mark the company’s progress in its aim to provide operational services to customers.

New Zealand's Centre for Space Science Technology (CSST) and Airbus Defence and Space today announced a partnership agreement, which will give New Zealand businesses, industry, government, and the research community access to an even wider selection of high resolution, weather independent, near real-time satellite imagery.