Entrepreneurship

Infostellar, a highly innovative ground-segment-as-a-service (GSaaS) provider, announced on 30 April 2020 that it has raised a total of US$3.5 million in convertible bonds with existing investors Airbus Ventures and Sony Innovation Fund,

Astroscale Holdings Inc., the market-leader in developing technology and services to remove space debris and secure long-term orbital sustainability, announced on 4 May 2020 that it has signed a Memorandum of Understanding with Professor Chris Newman, Professor of Space Law and Policy at Northumbria University, Newcastle, UK,

By Alessandra Albano The global space industry is expected to generate revenue of US$1.1 trillion or more in 2040, up from the current US$350 billion, according to Morgan Stanley. Investors are also taking an upbeat view of the prospect of investing in space innovations amidst the risk of technical recession. According …

VodafoneZiggo, the leading Dutch communications service provider, announced on 28 April 2020 that it is launching 5G with Ericsson Spectrum Sharing and Ericsson 5G Core, for an economic and seamless roll-out of the latest mobile technology offering enhanced network performance.

Virgin Galactic  and The Spaceship Company have announced the successful completion of its first SpaceShipTwo test flight from Spaceport America. This glide flight marks the inaugural solo flight of VSS Unity in New Mexico and as such is an important flight test milestone in preparation for commercial service. On SpaceShipTwo’s …

Maxar Technologies, a trusted partner and innovator in Earth Intelligence and Space Infrastructure, announced on 1 May 2020 that it has been selected to support Dynetics, a wholly-owned subsidiary of Leidos, in designing and building a Human Landing System for NASA's Artemis program, which will send the first woman and the next man to the Moon by 2024 and enable future crewed missions to Mars.

Rocket Lab, a leading space systems company, announced on 30 April 2020 that it has closed the transaction to acquire Sinclair Interplanetary, a leading provider of high-quality, flight-proven satellite hardware.

At present, there exists a global gridlock in the optical downlink domain due to both a lack of industrialized ground stations made available for regular service, and an insufficient number of spacecrafts using optical downlinks.

NASA has selected three U.S. companies to design and develop human landing systems (HLS) for the agency’s Artemis program, one of which will land the first woman and next man on the surface of the Moon by 2024. NASA is on track for sustainable human exploration of the Moon for the first time in history.

COMSAT Inc., the global satellite connectivity solutions provider, has ratified an agreement with ABS, a Bermuda-based global satellite operator, to enhance and strengthen the COMSAT global network.