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Europe

New Management Takes Over Germany’s PTS GmbH After Restructuring

After a successful restructuring phase the management team of Planetary Transportation Systems (PTS) now takes full responsibility for the company. The PTS executives take over the Berlin New Space company with immediate effect as part of a management buyout from the Zeitfracht Group. Zeitfracht Group saved PTS from bankruptcy in …

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Luxembourg Buys Stake In Orbital Ventures Investment Capital Fund

During a meeting of a parliamentary committee, Étienne Schneider, Deputy Prime Minister and Minister of the Economy confirmed that the Government of Luxembourg, together with public and private sector partners, have invested a stake in Orbital Ventures, an investment fund focused on early stage companies engaged in space activities.

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UK-UAE Geospatial Company 4 Earth Intelligence Starts Business

Advances in technology for observing the earth from space have resulted in the formation of a new company which will bring a range of innovative satellite intelligence and data services to market. 4 Earth Intelligence (4EI) has pioneered the use of satellite data for smart monitoring and analysis creating city, region and countrywide data solutions for applications such as air quality, asset management, ecology and urban heat monitoring.

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TriSept Secures Full Payload For Orbex Prime Maiden 2022 Launch From Scotland

TriSept Corporation, a leading provider of launch integration, management and brokerage services for commercial and government missions, announced on 14 January 2020 that it has procured a full mission aboard an Orbex Prime launch vehicle set to lift off in the autumn of 2022 from the UK's first spaceport in Sutherland, Scotland.

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