News

The Azeri ambassador to Saudi Arabia, Shahin Abdullayev, has told reporters that Azerbaijan seeks to enter into cooperative agreements with Saudi Arabia in satellite technology, petrochemicals, energy, agriculture, and tourism. “We launched two satellites and we reached advanced levels in this sector. We aim to be among the top producers of satellite parts,” Ambassador Abdullayev told the Asharq Al-Awsat newspaper on 23 March 2018.

Chinese New Space company Kuang-Chi Science Ltd. and U.S. New Space pioneer Nanoracks have announced their partnership in developing new business outside of China for Kuang-Chi's Traveler near-space helium balloon platform for space tourism, Earth observation, small satellite launch, and scientific research.

In a boost to the Australian New Space sector, HorizonX, a venture capital subsidiary of U.S. aerospace giant Boeing, is set to invest U.S.$15 million in Australian enterprise Myriota, an Internet of Things (IoT) startup focusing on satellite communications to provide low-cost access to high-value data in remote locations.

Space is the next environment that has to be protected against the impact of human development, a panel of top experts has warned at the UK Government’s GREAT Festival of Innovation in Hong Kong. The group of academics said that international investment and regulation needs to happen urgently or space risks being as damaged as our oceans are by human development. Development on the Moon and other planets is a ‘virtual certainty’ as new resources are sought from outside the Earth. And, if not properly regulated, development will impact vital functions, such as enabling worldwide communications and vital observation of Earth.

Saudi Arabia is thought to be footing the financial bill for a hypersonic spaceplane concept capable of launching small satellites into low-Earth orbit (LEO) being developed by Ukrainian space company Yuzhnoye, according to Russian space journalist Anatoly Zak writing in Popular Mechanics.

Israeli fleet operator Spacecom is very close to purchasing a new satellite, named AMOS-8. This forthcoming purchase is a sign of a turnaround for Spacecom, as well as a bet on the troubled company’s future. Back-to-back spacecraft losses in 2015 and 2016 turned Spacecom from an expanding business into a struggling concern. Preceding the destruction of AMOS-6, Spacecom’s Russian-built AMOS-5 satellite ceased working in orbit due to a power system failure in 2015, just four years after its launch.

Last week, SpaceWatch Global attended the Satellite 2018 event held in Washington, D.C. and one of the features of the event that also ran last year, was ‘Startup Space’, a competition that sees 20 Newspace new entrants, given 5 minutes to pitch their business to a panel of highly accomplished space professionals, investors, thought leaders, and fellow entrepreneurs. During the day-long event, I came across Equatorial Space Industries, which is developing the Volans launcher, capable of delivering 35-70Kg of payload for under $1m. This team of 15, based in Singapore, are looking to change the economics of getting small satellites to space and to providing much-needed dedicated launches to a small satellite market in need.

Struggling NigComSat is looking to Türksat to develop its satellite communications market in Africa. The Nigerian Communications Satellite Ltd, NigComSat, has been talking with Turkish satellite operator, Türksat A.S., about the possibility of expanding their market across various industries to deepen services at more affordable rates.

Thaicom Public Company Limited, one of Asia’s leading satellite and digital platform operators, announced that it has signed a multiyear contract with CANAL+ Overseas Myanmar, a CANAL+ subsidiary in charge of broadcasting internatio

Japan has announced a significant commitment to developing its NewSpace sector, offering nearly U.S.$1 billion of support, according to a report in Japan’s Nikkei Asian Review. Japanese news outlet the Nikkei Asian Review also claims that the Japanese government is considering amending its space policy and legislation to allow Japanese companies to exploit space resources on the Moon, which would be similar to policy initiatives made by Luxembourg and the United States.