Entrepreneurship

LEOcloud and Ramon.Space partner to build a satellite-hosted cloud, the companies announced. They entered into a partnership to develop satellite-hosted cloud edge computing capabilities for commercial, government and military customers, the companies said.

They will try again: Israel’s SpaceIL, the company that lost the Beresheet satellite on the Moon two years ago, raised $70 million for its second mission in 2024, media reports and SpaceIL said. SpaceIL estimates the total cost of the mission at $100 million.

He made it: Sir Richard Branson and three colleagues from his space company Virgin Galactic took the round trip to the edge of space. Virgin Galactic’s VSS Unity successfully reached space yesterday, completing the company’s fourth rocket-powered spaceflight.

In this Space Cafe German edition, Andreas Schepers talked with Daniel Metzler,, co-founder and CEO of Isar Aerospace , provided insights into the development and future of the launcher start-up. As of today, IsarAerospace has 170 employees. According to Metzler, these are mainly young professionals who are often hired directly from university. A locational advantage as a German company

An underrecognized yet critical segment of the space sector is downlinking. Launch vehicles and satellites capture most of the headlines, but in and of themselves they have little value. They are a means to an end: they enable the flow of data that benefits people back here on Earth. Put differently, downstream applications justify investing in and developing new launch vehicles and satellites.

As Orbofleet’s market research report on Non-Geostationary Orbit (NGSO) satellite operators will be soon available for purchase, here we present key pointers that provide a brief outlook on the current status of the major global NGSO satellite operators.

Secure World Foundation (SWF) successfully concluded its third annual Summit for Space Sustainability this past month (June 22-24, 2021), marking yet another milestone in what is becoming a marquee tradition for the space community. Even though this year’s event had to be virtual, SWF once again managed to create an engaging and interactive platform

June 2021 saw over $1.5 billion raised in private fundraising for space-related companies. No space company mergers with SPACs in June but, as we already know by now, SPACs will appear again in the July edition of our financing review, with Satellogic’s and Planet’s mergers already having been announced.

The European Space Agency (ESA) has mandated the British defense and security group QinetiQ to demonstrate and validate innovative satellite technologies on a spacecraft built on QinetiQ’s PROBA platform, the company announced. Funded by ESA, QinetiQ is to deliver and operate a satellite that will host up to 13 different on-board experiments.

More Boeing in Bavaria: MT Aerospace partners with Boeing to supply solutions for Boeing’s commercial, defense and space programs over the next few years, the OHB affiliate said. Both companies signed a partnership agreement to further diversify and expand MT Aerospace’s supplier activities for Boeing, the company based in Augsburg, Germany, said.