Entrepreneurship

Singaporean New Space debris removal company Astroscale has announced that it has raised U.S.$50 million from investors led by INCJ Ltd., as well as from SBI Investment Co. Ltd. and Mitsubishi Estate Co. Ltd. This fourth round of funding means that the company has now raised U.S.$102 million in total …

Spacety, the Chinese small satellite startup, is expected to carry out two further launch missions on behalf of clients in November and December 2018, but exact dates are not yet confirmed according to the intrepid Andrew Jones in GBTimes. These two missions will follow the successful launch of four Spacety-built …

Australian New Space satellite communications company Fleet Space Technologies has selected U.S. commercial satellite launch company Rocket Lab to launch two Proxima small satellites from Rocket Lab’s New Zealand launch complex in November 2018. This pair of identical 1.5 U CubeSats are designed and built by Fleet. The satellites will …

The world’s first space security token was announced on 29 October 2018 at the Zurich Crypto Summit, by SpaceFund Inc., a Texas-based venture capital firm focused on using new blockchain technology to fund ‘frontier enabling’ space startups. “SpaceFund’s goal is to support the development and profitability of amazing new space …

A Chinese Long March 2C satellite launch vehicle successfully took off from the Jiuquan Satellite Launch Centre in Northwest China on Monday, 29 October 2018, lofting the China-France Oceanography Satellite (CFOSAT) as its primary payload as well as four Cubesats for Chinese New Space satellite manufacturer Spacety. One other satellite belonging to …

Satellite Vu has taken the title of Best International Start-Up at the Supernova Challenge, part of the Future Stars event held during GITEX in Dubai last week. Satellite Vu, was invited to attend by the UAE’s Mohammed Bin Rashid Space Centre (MBRSC) as part of its Innovation Challenge. MBRSC aims …

Chinese New Space launch company LandSpace suffered a failure of the third stage of its Zhuque-1 satellite launch vehicle Saturday, 27 October 2018, as it attempted to become the first Chinese private launch company to reach orbit, according to Andrew Jones in Space News. The three-stage Zhuque-1 launch vehicle, named …

New Zealand startup ZENNO Astronautics, a satellite propulsion and software company founded by three students at the University of Auckland, has won a NZ$25,000 (U.S.$16,240) share of a NZ$100,000 (U.S.$64,950) total prize fund of the university’s 2018 Velocity Challenge. ZENNO Astronautics was founded in 2017 with the aim of developing …

Spacety, a Chinese small satellite startup, is set to launch four CubeSats for a range of clients on a Long March 2C launch vehicle on Monday, 29 October 2018, according to GBTimes’Andrew Jones. The four satellites were delivered from Spacety’s facility to the Jiuquan Satellite Launch Centre during the first …

The UK’s Goonhilly Earth Station has opened an office in Farnborough, UK, as part of its expansion plans to offer consultancy, design, engineering, and small-scale manufacturing services to the global space and satellite sector. The new facility, located at the Cody Technology Park in Farnborough, Hampshire, provides Goonhilly with room …