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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 …

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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 …

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PLD Space Successfully Achieves A Full Rocket Engine Test For MIURA 1 Mission

In May 2019, Spanish company PLD Space suffered a catastrophic engine failure, which caused material damage, including the loss of the first flight version of the TEPREL-B liquid rocket engine, developed by PLD Space for MIURA 1 launch vehicle. Therefore, the company decided to pause the qualification process and analyse …

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AfricaXP Selects Eutelsat For DTH Satellite Services Across Sub-Saharan Africa

Channel network and content distributor AfricaXP has signed multi-year agreements with Eutelsat Communications for Ku-band capacity on two Eutelsat satellites, positioned at 16° East and 7° East. This capacity will enable AfricaXP to extend the reach of its DTH free-to-air TV platform, Premium.Free and launch an inaugural, 10 channel French language …

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AAC Clyde Space Selected To Deliver Batteries For Intuitive Machines’ Lunar Lander Mission

Image courtesy Intuitive Machines

AAC Clyde Space has been selected to supply batteries to the Nova-C lunar lander mission led by the U.S. company Intuitive Machines. The agreement, announced on 27 February 2020, broadens the scope of its original order from power systems to also include batteries that will enable Intuitive Machines to optimize …

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Canadian Space Agency Releases Lunar Exploration Accelerator Program Opportunity

The Canadian Space Agency (CSA) has issued an industrial capacity-building contribution announcement of opportunity (AO) for the Lunar Exploration Accelerator Program (LEAP), as reported by Space Q. This AO comes after the CSA asked for additional input in January for an upcoming “commercial lunar opportunity.” The objective of the AO …

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ISRO To Validate Design, Engineering Of Rocket To Carry India’s First Human Space Flight Mission

The Indian Space Research Organisation (ISRO) will carry out a series of tests to validate the design and engineering of the rocket and orbital module system for India’s first planned human space flight mission, named Gaganyaan. A top official also said that the space agency would soon build its own …

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UAE Space Agency Unites Industry Leaders In GSIA Strategic Workshop

The UAE Space Agency conducted a strategic workshop on the Global Space Industry Accelerator (GSIA) to identify key industry challenges that can be addressed through space, and shed light on the status of intellectual property (IP) in the sector. The workshop brought together leaders from the local entrepreneurship ecosystem, academia, …

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