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.
Read More »Telesat LEO Inc Receive Loan Investment from Canada
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.
Read More »SKY Perfect JSAT Announces Investment With Space Startups
SKY Perfect JSAT Corporation has announced its decision to invest 10 billion yen in domestic and international space-related startups and space venture funds. In addition to this investment, SKY Perfect JSAT will collaborate with the acceleration program “AXELA” from the SPACETIDE Foundation. This collaboration aims to combine SKY Perfect JSAT’s accumulated insights and assets with the new technologies of startups, fostering the co-creation of new space businesses for a sustainable future.
Read More »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.
Read More »Space Café Radio – Innovating Space Access: The HyImpulse Story
In this episode of Space Café Radio, Christian Schmierer and Mario Kobald, the co-founders and CEOs of HyImpulse, discuss their upcoming suborbital rocket launch from Australia and the unique hybrid rocket technology they are using.
Read More »Spire Global to Scale Constellation for HANCOM InSpace
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.
Read More »Ingersoll Rand Acquires ILC to Expand Presence in Life Sciences
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.
Read More »UKSA Announces New Headquarters and Regional Offices
The UK Space Agency (UKSA) is opening new headquarters in Harwell, Oxfordshire and regional offices in Scotland, Wales and the Midlands as it works to support the space sector across the UK. Aligned with the UK Government’s Levelling Up strategy, the expansion will enable the Agency to collaborate more closely with the UK’s thriving space sector while promoting regional skills and job opportunities to deliver increasingly ambitious missions and capabilities.
Read More »Qosmosys and LSA Partner to Advance Lunar Economy Initiatives
Qosmosys, a company in the field of lunar economy, has signed a Letter of Intent (LoI) with the Luxembourg Space Agency (LSA) to collaborate on cutting-edge research and development projects in the burgeoning field of the growing lunar economy.
Read More »Hanwha Phasor to Release Flat-Panel Satellite Antenna
Hanwha Phasor, a UK-based satellite communications company, has announced it will release its land antenna, for mobile communications, the Phasor L3300B, to the market in Q3 of 2024. The Phasor L3300B is an active electronically steered antenna (AESA) which has been developed for commercial and military use.
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