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Astrobotic and AFRL Announce Rocket R&D Collaboration

Astrobotic

Astrobotic and the U.S. Air Force Research Laboratory (AFRL) Rocket Propulsion Division at Edwards Air Force Base have entered into a Cooperative Research & Development Agreement (CRADA) to enhance both organizations’ capabilities and collaborate in the development of advanced liquid rocket engine, rotating detonation rocket engine (RDRE) technologies, and on-base rocket flight testing capabilities using Astrobotic reusable rockets.

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Helicity Space Secures Investment from Lockheed Martin Ventures

Helicity Space

Helicity Space, a commercial space company developing in-space propulsion and power technology based on fusion power, has announced an investment from Lockheed Martin Ventures, the venture capital arm of Lockheed Martin. This latest raise from Lockheed Martin Ventures comes on the heels of a $5 million seed round of Helicity Space funding from investors including Airbus Ventures, TRE Ventures, Voyager Space Holdings, E2MC Space, Urania Ventures and Gaingels in December.

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Planet Labs to Provide Carbon Mapper with Hyperspectral Data

Planet Labs PBC has signed a multi-year data-license agreement with Carbon Mapper, Inc. to provide hyperspectral core imagery to the non-profit and its partners until 2030. The $20 million agreement is made possible by initial funding led by a major climate philanthropy. Carbon Mapper, Inc. has been a key partner to Planet in developing the Tanager hyperspectral constellation, and this contract extension marks an important step in the continuation of the coalition’s shared mission to help improve understanding of and accelerate reductions in global methane and carbon dioxide (CO2) emissions.

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Telesat LEO Inc Receive Loan Investment from Canada

Telesat Lightspeed image. Credit Telesat

Telesat has announced that it received a letter from Canada’s Minister of Innovation, Science and Industry regarding an investment in Telesat Lightspeed. The letter states that following several months of negotiations between Telesat and federal officials, the Government of Canada (GoC) is prepared to invest C$2.14 billion in Telesat Lightspeed by way of a loan to Telesat LEO Inc., a wholly owned subsidiary of Telesat, that is developing and will own and operate the highly advanced Telesat Lightspeed Low Earth Orbit (LEO) global broadband satellite constellation.

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Vast Announces Claw Mowry as Newest Advisor

Vast, a space habitation technologies company, has announced the appointment of Clay Mowry as its newest Advisor. Mowry’s career spans over two decades in the commercial launch, satellite, and space station sectors. Furthermore, as President of the International Astronautical Federation (IAF), Mowry is a globally recognized leader in the space community, within industry and government alike.

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Spire Global to Scale Constellation for HANCOM InSpace

Spire Global logo. Credit Spire Global

Spire Global, Inc. has announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3, two additional satellites with Spire Space Services. Under this agreement, Spire will build and operate the satellites, expanding the capabilities of HANCOM-1 (Sejong-1). Together, these satellites will form a constellation for Korea’s first three-satellite remote sensing image data service.

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#SpaceWatchGL Geopolitics – State of the Union Address – Lost in Space

The 2024 State of the Union Address was given by the 46th President of the United States, Joe Biden, on March 7, 2024, at 9:00 p.m. EST, in the chamber of the House of Representatives to the 118th Congress. Since it took place only two weeks after the “successful” landing of NASA CLPS Intuitive Machine M1 Odysseus on the Moon, and as anticipated during a re-election campaign, many were curious about how the President would capitalize on recent US geopolitical and economic forays in space. Why not even expect the presence of NASA Administrator Bill Nelson, astronauts, and space CEOs, among the honoured invitees? But while the SOTU address did cover essential domestic political ground, there was not one word about space! But how is that even possible?!

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SS&T Committee Expresses Cautious Support for MSR Mission

JPL

The Space and Aeronautics Subcommittee of the House Science, Space, and Technology (SS&T) Committee held a hearing on NASA’s science programs, which revolved around the fate of the Mars Sample Return mission (MSR). The JPL had earlier cut back on its activities around the mission in light of a federal budget that could limit spending on the Mars Sample Return mission.

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Ingersoll Rand Acquires ILC to Expand Presence in Life Sciences

Ingersoll Rand

Ingersoll Rand Inc. has entered into an agreement to acquire ILC Dover (ILC) from New Mountain Capital, LLC, a growth-oriented investment firm with approximately $50 billion in assets under management. The deal includes an upfront cash purchase price of approximately $2.325 billion and an earnout tied to the achievement of select operating efficiency metrics in 2024. At its maximum payout, the earnout increases the 17x upfront purchase multiple by less than one turn.

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