Entrepreneurship

Israel’s Space Agency (ISA) and the Israeli Ministry of Science and Technology announced on 10 October 2018 that they will support the Lunar projects of the SpaceIL organization with up to U.S.$2 million in funding. SpaceIL is an Israeli startup founded in 2010 by engineers Yariv Bash, Kfir Damari, and …

Astroscale Japan Inc., an affiliate of Singaporean-Japanese New Space company Astroscale that aims to utilise technology top remove space debris in Earth orbit, has contracted with Russian satellite launch provider Glavkosmos/GK Launch Services to launch its End of Life Services by Astroscale –demonstration (ELSA-d) spacecraft on a Soyuz-2 cluster mission …

Space industry startup, Space Impulse, has assembled a team of veteran technologists and orbital-class aerospace leaders with a mission to lower costs and accelerate times to orbit by streamlining supply chain integration on a comprehensive, global business-to-business (B2B) platform. The platform is designed specifically to address the challenges of complex, …

Rocket Lab, the U.S. headquartered New Space launch company with a launch complex in New Zealand, has now also established an assembly facility for its launch vehicles in Auckland, New Zealand. The facility was officially opened by Star Trek actor William Shatner. The new 7,500 sq/m (80,700 sq/ft) rocket development …

Pioneering NewSpace company, Satellite Vu, will take part in GITEX Future Stars, the fastest growing start-up event in MENA and Southeast Asia. Satellite Vu, an earth observation company with a difference, is preparing to provide a disruptive service that will enable governments and organisations to take on the enormous challenge …

At UNISPACE50+, held earlier this year to celebrate 50 years of space, a new competition was launched by NewSpace 2060 in collaboration with the Moon Village Association (MVA) to encourage everyone to engage with the vision of a NewSpace economy by 2060. The competition encourages interested parties from entrepreneurs and …

U.S. New Space investment company Space Angels has released its Space Investment Quarterly for the third quarter of 2018, and the report reveals that China is now the leading investor in New Space companies, expanding its market share more than any other country. “The investment landscape is seeing steady global growth, …

Firefly Aerospace, Inc., a developer of orbital launch vehicles for the small to medium satellite market, announced on 10 October 2018 the execution of a Memorandum of Understanding (MoU) with York Space Systems for the development of integrated launch services and spacecraft mission solutions. “Firefly is pleased to enter into …

Sky and Space Global (SAS), the New Space narrowband satellite communications company listed on the Australian Stock Exchange (ASX), made a number of announcements this week that mark the company’s progress in its aim to provide operational services to customers. In what it describes as “a significant operational landmark,” SAS …

Thai Space entrepreneur James Yenbamroong, founder and CEO of Thai New Space company mu Space, announced on 9 October 2018 a plan to establish a venture unit in 2019 in a move to go international and to create opportunities other than satellite communications. Yenbamroong said that the planned venture unit …