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Europe

Virgin Orbit eyes SPAC deal valuing it at $3bn, Sky reports

Virgin Orbit is close to merging with a SPAC, valuing Richard Branson’s company at $3 billion, Sky News reported. Virgin Orbit is close to finalising a deal to combine with NextGen Acquisition II, a special purpose acquisition company (SPAC) set up by George Mattson, a former Goldman Sachs banker, Sky News reported.

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Space Café “Moriba’s Vox Populi” Recap: “Democratising” space – a fantasy or distant reality?

This Thursday’s Space Café "Moriba’s Vox Populi" was hosted by University of Texas academic Associate Professor Moriba Jah, an American astrodynamicist, space scientist and aerospace engineer known for his work in spacecraft navigation, space sustainability and space situational awareness.

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KSAT to support Intuitive Machines’ Missions to the Moon

Kongsberg Satellite Services (KSAT) will support and service Intuitive Machines (IM) for all its Moon missions, the company announced. KSAT has entered a long-term agreement with IM to support every stage of IM’s missions to the Moon, from launch and early operations, through transit, including lunar operations, KSAT said. IM will use KSAT services for its 2022 IM-1 mission.

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Northumberland Sustainable Space Specialist NORSS Claims Back £10k for Innovation

An Alnwick-headquartered sustainable space specialist NORSS has received £10,000 in research and development (R&D) tax credits, thanks to the innovation demonstrated in its projects. Opening sustainable opportunities in outer space for businesses, the government and the public, NORSS was formed in 2017 and specialises in Space Situational Awareness

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Sierra to use Spaceport Cornwall for its Dream Chaser

Sierra Space, a subsidiary of the aerospace and security group Sierra Nevada Corporation, announced a memorandum of understanding with Spaceport Cornwall in South-West England. The memorandum paves the way for sustained operations with UK’s horizontal launch spaceport at Cornwall Airport Newquay. The UK Space Agency is funding Sierra’s Dream Chaser concept.

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