Space Tech Expo Bremen - 2021 Nov

North America

Will Richard Branson go to space before Jeff Bezos?

Space race between billionaires: “It looks like Richard Branson could beat fellow billionaire Jeff Bezos to space next month”, Parabolic Arc reported. Citing “a source who requested anonymity”, Parabolic Arc reported that Virgin Galactic is working on a plan to send Branson on a suborbital flight over the July 4 holiday weekend.

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Astra buys electric propulsion Apollo Fusion for up to $145m

The launch company Astra wants to acquire Apollo Fusion for up to $145 million, the company said. Apollo Fusion manufactures electric propulsion engines. The acquisition allows Astra to provide launch and space services beyond low Earth orbit (LEO), to medium Earth orbit, geosynchronous, and lunar orbits, Astra said.

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Seraphim arm eyes London listing, Sky News reports

The Venture Capital fund Seraphim prepares a flotation at the London Stock Exchange, Sky News reported. The “world's first dedicated space VC fund” is working with banks on plans for a London flotation”, Sky News said. An arm of Seraphim Capital is working with bankers on plans for a public share sale that could raise in the region of £250m, the news channel said.

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TPG’s Rise Fund invests $100 million in weather platform Climavision

The weather platform Climavision raised $100 million from TPG’s The Rise Fund, the fund announced. The San Francisco-based Rise Fund announced a $100 million strategic investment in Climavision, a pioneering weather services and intelligence platform powered by a private network of high-resolution radars, GPS-RO data, and proprietary software.

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Register Today For Our Space Café Canada On 18 June 2021

This Space Café Canada will feature Tim Kopra, Vice President of Robotics and Space Operations at MDA, one of Canada’s most successful space technology companies, in conversation with Dr. Jessica West, Senior Researcher at Project Ploughshares and a friend of SpaceWatch.Global.

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LeoLabs raises $65 million for its LEO data services

The Californian startup LeoLabs has closed a $65 million Series B financing round, led by Insight Partners and existing investor Velvet Sea Ventures. With this round, LeoLabs has raised over $100 million in total capital, the company said. LeoLabs provides commercial low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services.

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IIAS sends researcher Kellie Gerardi on Virgin into space

The International Institute for Astronautical Sciences (IIAS) will send its bioastronautics researcher Kellie Gerardi to space on a dedicated research mission with Virgin Galactic, the institute said. “The contract marks the world’s first industry-sponsored, human-tended research spaceflight on a commercial vehicle”.

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