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Asian Development Bank Gives $50M Financing To Kacific

The Asian Development Bank (ADB) signed a $50 million financing package on 2 December 2019 with Kacific Broadband Satellites International Limited (Kacific) to provide satellite-based, low cost, high-speed, wholesale broadband internet connections to countries in Asia and the Pacific, especially in remote areas of small island nations in the Pacific, and larger island nations like Indonesia and the Philippines.

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#SpaceWatchGL Op’ed: Towards Space 3.0 by Malcolm Davis

The space age has gone through two paradigm shifts since the launch of Sputnik 1 in 1957. Until the early 1990s, ‘Space 1.0’ was the province of government-run, taxpayer-funded space programs. Civil space agencies such as NASA, Russia’s Roscosmos and the European Space Agency, along with military and major aerospace prime contractors, were the main players. Then a paradigm shift to ‘Space 2.0’ got underway when the commercial space sector entered the global market and began to  achieve dominance.

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