Asia Pacific

The South Korean technology and manufacturing conglomerate Hanwha Systems buys an 8.8% share in OneWeb for $300 million, the London-based satellite operator said. Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb, alongside relationships to new government customers and expanded geographical reach, OneWeb said.

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South Australian company, Southern Launch has been granted launch facility licences by the Australian Space Agency, said Lloyd Damp, the CEO of Southern Launch. The company reached a milestone with the release of its Environmental Impact Statement (EIS) for the Whalers Way Orbital Launch Complex on the Eyre Peninsula.

After a much-deserved summer break, during this week’s Space Café, SpaceWatch.Global publisher, Torsten Kriening caught up with Chief Executive of Singapore Space & Technology and “this century’s role model for space”, Lynette Tan to talk about Singapore’s role in space and her company’s commercial vision.

Ispace raised nearly €39 million in a Series C funding round, with Incubate Fund as the lead investor, the Japanese startup said. The new round brings ispace’s cumulative total funding to approximately €84.5 million, ispace said, including past Series B, Series A and seed investment, as well as its existing and new bank loan financing announced in June 2021.

SPAC mergers with space companies made a comeback, with Planet’s and Satellogic’s announced transactions raising almost US$900 million*. Purely private rounds added another US$366 million. Also noteworthy were two public listings in the sector: (1) Seraphim Space Investment Trust raising GBP178.4 million for acquiring stakes held by Seraphim Capital in 15 space companies;

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The Japanese space tech start-up ispace is building its lunar lander at ArianeGroup´s German facility in Lampoldhausen, the company said. A crew of assembly specialists from ispace has settled in at the site, and activities are underway, ArianeGroup said.

Rocket Lab has opened a launch window for U.S. Space Force`s Monolith mission for 29 July, the company said. Rocket Lab aims at launching the Air Force Research Laboratory-sponsored demonstration satellite called Monolith into low Earth orbit (LEO) on its Electron rocket from its Launch Complex 1 in New Zealand.

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