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Entrepreneurship

Two South Australian manufacturers awarded AU $1 million grant to enter space

Two South Australian companies, engineering and fabrication company Ferretti International, and family-owned manufacturing company Hydroil, will start manufacturing for the space industry after winning the contract to build and supply a mobile launch rail for Australian spaceport and space mission provider Southern Launch, the company said.

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Northrop Grumman and Firefly Aerospace to develop Antares upgrade

Northrop Grumman and end-to-end space transportation company Firefly Aerospace, are collaborating to provide an American-built first-stage upgrade for the Antares rocket as well as a new medium launch vehicle to serve commercial, civil and national security space launch markets, Northrop Grumman said. 

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SpaceLink enters into cooperative R&D agreement with U.S. Army

Space communications infrastructure company, SpaceLink, has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Space and Missile Defense Command Technical Center (USASMDC-TC) in Redstone Arsenal, Alabama, SpaceLink said. The organizations will explore alternative space communications pathways together to ensure resiliency and reduce sensor-to-shooter latency.

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Antarctica Capital acquires Descartes Labs

International private equity firm, Antarctica Capital (Antarctica), acquired a controlling interest in geospatial intelligence company, Descartes Labs, providing solutions for commercial and government clients. Antarctica's portfolio comprises companies such as New Space, Data Analytics and Digital Infrastructure.

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Spire to host second optical payload for South Korea

Space-based data, analytics, and space services provider, Spire Global, will host a second Earth-imaging payload, Hancom-2 satellite, for South Korean space services company, Hancom InSpace as part of expanding its East Asian operations. Hancom is the first South Korean private company to operate a commercial satellite mission

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