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Space Economy News

Goonhilly Set to Reorganize its Services to Prioritize Customers


Goonhilly Earth Station Ltd. (“Goonhilly”) has announced it will organize its services in three dedicated divisions Commercial Satcom, Defence and Security, and Lunar and Deep Space Communications. The purpose is to put customer needs front and center. The shift will ensure that Goonhilly’s customers can benefit from more specialised expert support and that the company can accelerate its growth.

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CST Grants Neo Space Group Permit for EO Platform Service

Saudi Space Agency

The Communications, Space and Technology Commission (CST) of the Kingdom of Saudi Arabia has announced that the Neo Space Group has won the competition for obtaining a permit to provide Earth Observation (EO) Platform Service. This aims to create the appropriate environment to enable the private sector to establish and develop Earth Observation services and emerging businesses in the Kingdom and to stimulate its contribution to the Kingdom’s gross domestic product (GDP) by developing value-added Space products.

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Ramon.Space Expands Into the UK With New Subsidiary

Ramon.Space, has launched its new subsidiary, Ramon.Space UK, marking the company's first European office and continuing its mission to advance space computing and communications on a global scale. Consequently, Ramon.Space UK will serve as a key engineering hub, driving innovation and accelerating advancements in space computing and communications both within the UK and globally.

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Southern Launch and UNASTELLA Partner for Rocket Launches

Southern Launch and UNASTELLA

Southern Launch has signed an agreement with South Korean rocket manufacturer UNASTELLA Corporation which will enable UNASTELLA to aim for at least four launches per year. UNASTELLA is aiming to develop a small lift rocket based on South Korean technologies. The company is taking an iterative approach to the development of their orbit-capable rocket and the missions from Australia will provide valuable flight heritage, and a site for regular satellite launches

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D-Orbit Expands to the US, Establishing D-Orbit USA


D-Orbit has announced its formation of D-Orbit USA, a joint venture with Mike Cassidy, Mark Krebs, Miles Gazic, Danny Field, and David Harrower to strengthen their presence in the US satellite bus market. As a result, D-Orbit USA becomes the latest addition to the D-Orbit Group and will focus on satellite bus design, manufacturing, and sales. The team comprises aerospace executives with extensive expertise, particularly in rigorous and comprehensive Qualification Test and Acceptance Test programs, honed through their experience at top aerospace organizations

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SETS Secures International Contract to Deliver Hall Thrusters


Space Electric Thruster Systems (SETS) has won a contract to deliver its ST-25 Hall Thrusters to South Korea’s EPS Tech, a producer of satellite electrical power systems (EPS). According to the contract, SETS will produce two ST-25 Hall Thrusters for EPS Tech in the coming months. SET’s ST-25 Hall Thrusters, a significant component of the SPS-25 electric propulsion system, underwent successful testing in orbit in 2023

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Novaspace Reports Substantial Growth in EO Satellite Market

According to the latest Earth Observation Satellite Systems report from Novaspace, a merger between Euroconsult Group and SpaceTec Partners, the global Earth Observation satellite market will undergo substantial growth over the coming decade, with the number of EO satellites in orbit to almost triple as the manufacturing market grows by 40% and the value of the launch market increases by 55%.

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Fire Arrow Partners Arup for Sustainable Spaceport Development

Arup and Fire Arrow.

Fire Arrow has announced its partnership with Arup, a global engineering consultancy, dedicated to sustainable development the first in a series of high-profile strategic partners, to boost its ability to provide sustainable, responsive and low-cost access to space. As a collective of designers, consultants and experts working globally, Arup collaborates with clients and partners, using imagination, technology, and rigour to deliver complex projects and shape a better world. 

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