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Europe

EIB lends €300 million to finance SES’s new satellites program

The European Investment Bank (EIB) and SES have announced their €300 million financing agreement details. The seven-year term loan will back investments related to the design, procurement, and launch of three previously announced satellites that will deliver advanced broadcast and broadband services spanning Western Europe, Africa, and the Middle East. The loan is the largest amount that the EIB has ever provided to a Luxembourg-based company.

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AXESS Networks Among Best Global Teleport Operators

The World Teleport Association (WTA) has published its annual rankings for the Top Teleport Operators of 2022, with AXESS Networks emerging as one of the best teleport operators globally. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.

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RFA’s First Launch to Take Place from SaxaVord Spaceport

Rocket Factory Augsburg AG (RFA) and SaxaVord Spaceport have announced their launch operations partnership. As a result of the partnership, RFA will have exclusive access to Launch Pad Fredo for orbital launches. Consequently, the company’s first launch of its RFA ONE launch system – currently planned for the end of 2023 – will take place from the northernmost point in the UK.

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Airbus and VDL Group cooperate in developing airborne laser communication terminal

Airbus and Dutch high-tech industrial supplier, VDL Group, have signed a partnership agreement for the development and manufacturing of a laser communication terminal for aircraft, known as UltraAir, Airbus said. The duo is currently preparing a prototype demonstration demonstration and a first flight test planned for 2024.

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LauncherOne fails to deploy British satellite to counter cyber hacking threats

RHEATECH’s DOVER Pathfinder satellite, designed to protect critical national infrastructure in the event of cyber hacking and jamming attacks, was on board the first-ever horizontal orbital launch from UK soil last night. The low-cost, resilient system was created to safeguard the UK’s critical national infrastructure. The launch, however, ended in failure due to an anomaly.

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Space Economy Reaches $424 billion in 2022

Euroconsult has released the 9th edition of its annual space market overview to cover the past 12 months and forecast the next 10 years for the industry. The report charts highs that contributed to the continued growth of many aspects of the commercial sector, together with the ongoing challenges of the world geopolitical and world economic environment.

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Register Today For Our Space Café “33 minutes with Matthias Wachter” on 17 January 2023

This Space Café WebTalk will feature Matthias Wachter , Managing Director NewSpace Initiative, in conversation with Torsten Kriening, publisher of SpaceWatch.Global. Departure or standstill - Why 2023 will be decisive for European space. Matthias is Managing Director of the German NewSpace Initiative and Head of International Cooperation, Security Policy, Raw Materials and Space at the Federation of German Industries (BDI).

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