Space Economy News

We are in #london for DGI - Geospatial Intelligence for defence and security. CEO Torsten Kriening talks to us live from the event, highlighting the necessity of defence and security applications within geospatial services in today's world. Space is becoming a part of the critical infrastructure of defence with two wars at the doorstep of #europe .

SpaceX has launched the Starship rocket into orbit on its third flight test, getting farther than the first and second test flights before eventually succumbing and disintegrating in Earth's upper atmosphere during reentry.

Sierra Space has announced the launch of Sierra Space Axelerator™, an innovation-at-speed incubator that aims to fast-track the development of revolutionary defense technologies and mission solutions. Axelerator hopes to redefine industry standards by delivering cutting-edge products with unprecedented efficiency.

Array Labs and Esper Satellite Imagery have announced a strategic partnership to co-enrich each other's products, creating a powerful, one-of-a-kind dataset that combines high-resolution 3D with cutting-edge hyperspectral. The co-enrichment commitment allows both companies to provide even more value to their respective customers and markets.

The German Aerospace Center (DLR), the European Space Agency (ESA) and the Free State of Bavaria plan to establish the Human Exploration Control Center for future human spaceflight missions to the Moon in Oberpfaffenhofen, Germany. The Declaration of Intent was signed by Minister-President of Bavaria Markus Söder, DLR Divisional Board Member for Space Anke Pagels-Kerp and ESA Director General Josef Aschbacher on 13 March 2024 at the Bavarian State Chancellery.

Omnispace has announced a collaboration with MTN, which will explore the use of S-band for satellite services to expand MTN's portfolio of wireless services in their markets. This initiative underscores Omnispace and MTN's joint commitment to developing cost-effective global connectivity solutions beyond existing cellular, land-based networks

Arabsat and Aldoria have announced the signing of a Memorandum of Understanding (MoU) to collaborate on enhancing space safety and security. The MoU is one of the fruitful outcomes of the 1st Space Debris Conference in Saudi Arabia held in Riyadh on February 11-12, which the Saudi Space Agency organized.

Space One, a Japanese private launch services provider, suffered a setback during its inaugural rocket launch as the rocket, KAIROS, exploded midair a few seconds after liftoff. The Company aimed to be the first private Japanese outfit to launch a satellite into Orbit, launching the ill-fated rocket from a new space facility in Kushimoto, Wakayama Prefecture. The rocket carried a small intelligence satellite for the Japanese Government, which it planned to insert into orbit about 500 km above the Earth's surface. 

What is China's position on space resource activities? The following is a commentary on the Chinese approach following its submission to the Working Group on Legal Aspects of Space Resource Activities of the Legal Subcommittee of the Committee on the Peaceful Uses of Outer Space (COPUOS).

Rocket Lab USA, Inc. has launched its 45th Electron rocket, successfully deploying a fourth synthetic aperture radar satellite to Synspective’s Earth-observation constellation. "Owl Night Long", a dedicated mission for Synspective, launched from Pad B at Rocket Lab’s Launch Complex 1 in New Zealand. The mission delivered a single spacecraft, the StriX-3 satellite, to a 561km Sun Synchronous Orbit, where it joined Synspective’s growing constellation.