Cognitive Space has announced raising $4M in seed+ funding during the second quarter of 2023 towards developing its intelligent space automation. The investment round saw participation from esteemed venture capital firms York IE, Draper Associates, and Dolby Family Ventures.
Read More »Space Development Agency Awards Agreement to SpiderOak
The Space Development Agency announced on the 17th of October that they awarded SpiderOak, US-based software company focused on satellite cybersecurity, an Other Transactional Authority agreement.
Read More »Capella Space Appoints Frank Backes as CEO
Capella Space Corp. has announced that it has Frank Backes as its chief executive officer (CEO), with Backes assuming the new role on October 23. As a result, Banazadeh will continue serving the company in his role as Board Director.
Read More »Scientific Systems Awarded SpaceWERX Orbital Prime Contract
Scientific Systems, an American software company, announced on the 17th of October that it has been selected by SpaceWERX for a $1.5 million contract. The Small Business Technology Transfer (STTR) Phase II contract will be undertaken as part of the SpaceWERX Orbital Prime Program.
Read More »2nd German Space Congress – the evening before
We are almost there! The 2nd German Space Congress #Weltraumkongress is about to start in a few hours. But before, time to set up. Tomorrow I will report about the event, will offer you interviews, and I will have the pleasure of hosting the sustainability panel with my esteemed guests, Stephanie Deml, Ingo BAUMANN, Ernst K. Pfeiffer, Christopher Kebschull, and Christian Schmierer! I am looking forward to seeing many of you tomorrow. Enjoy Berlin!
Read More »Urban Sky Completes Series A Funding Round
Urban Sky, a stratospheric technology and remote sensing company, has announced an over-subscribed $9.75 million Series A financing round. New Legacy Ventures, Lerer Hippeau and Lavrock Ventures co-led the round, with participation from Catapult Ventures, Union Labs VC, DA Ventures (a Denver Angels Affiliate), and TenOneTen Ventures. The company will use the funding to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.
Read More »Qatar Airways Selects Starlink for IFC Service
Qatar Airways has announced a collaboration with Starlink and will roll out a complimentary high-speed, low-latency internet connectivity experience onboard specific aircraft and routes as a result. Once the service is active, passengers will be able to enjoy ultra-fast Wi-Fi speeds of up to 350 Megabits per second enabling various internet-based services.
Read More »Euroconsult and ICEYE to lead AEGIS² Consortium
Euroconsult and ICEYE will lead an Earth Observation (EO) consortium that results from a recent request by the European Commission for feasibility study proposals exploring the best way to implement a future satellite-enabled Earth-Observation service for government-authorized users at EU and EU Member States .
Read More »NIGCOMSAT Appoints Nkechi Egerton-Idehen as New CEO
Nkechi Egerton-Idehen has been appointed as the new CEO of the Nigerian Communications Satellite Company (NIGCOMSAT). This appointment comes amidst the Nigerian President, Bola Tinubu's significant reshuffle within the Country's Ministry of Communications, Innovations, and Digital Economy, NIGCOMSAT's parent ministry. As a result, Nkechi Egerton-Idehen will assume her new role immediately, succeeding Engineer Tukur Mohammed Lawal Funtua, who took over as NIGCOMSAT’s CEO in December 2022.
Read More »Bright Ascension Raises Funding to Develop HELIX
Bright Ascension Ltd, a space software technology provider, has announced its successful acquisition of an additional £1.5m in funding through a bridging loan. This investment is an important milestone for the Company as it aims to ensure the seamless development of its innovative HELIX suite of software products as it nears its launch. Furthermore, the investment follows two successful fund-raising rounds, which the Company completed in August 2021 and January 2022which raised £1.5M of equity.
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