Entrepreneurship

Audacy, a space communications service provider based in the U.S. and Singapore and deploying the first commercially licensed inter-satellite data relay network, has announced  that it had achieved a significant milestone by securing pre-service commercial agreements valued at over U.S.$100 million. The companies represented in these agreements span across the …

Space BD, the Japanese New Space startup company specializing in business development of Japanese space technologies and projects, announced that it has signed a distribution agreement with Innovative Solutions In Space n.v. (ISIS), to be the distributor of the Dutch company’s small satellite solutions and components for the Japanese market. …

By Sergey Kutovoy The huge expansion in the space industry, with a rapidly growing market and new satellite applications, is revolutionary but financing many of these projects is still a challenge, especially for small investors who have something to contribute to this revolution and want in. The space market saw …

Gilmour Space Technologies, the Australian-Singaporean New Space satellite launch company headquartered in Queensland, Australia, has secured U.S.$13.73 million (AUS$19 million) in a Series B investment round to scale up its operations and launch its first commercial hybrid launch vehicle into orbit by 2020. The Series B investment round was led …

Chinese commercial satellite launch vehicle company ExPace successfully launched an experimental positioning, navigation, and timing (PNT) satellite called Centispace-1-S1 on board a Kuaizhou-1A launch vehicle from the Jiuquan Satellite Launch Centre (JSLC) on 29 September 2018. The launch from JSLC in the Gobi Desert took place at 04:13 universal time (12:13 …

By Dr. Olga Stelmakh Space activities are risky and challenging by their nature due to their reliance on highly sophisticated technologies, and the impact of a variety of factors on their successful conduct and significant investments at stake. However, we have been accustomed to such activities being performed by traditional, …

Japanese New Space exploration and space resources company Ispace has signed a launch agreement with SpaceX to launch their first privately-funded Lunar mission in 2020. The agreement was signed on 26 September 2018 and covers the launch of an Ispace probe that will orbit the Moon by a SpaceX Falcon-9 …

Sky and Space Global (SAS), the New Space narrowband satellite communications company listed on the Australian Stock Exchange (ASX), has signed a Memorandum of Understanding (MoU) with the Organisation of Eastern Caribbean States (OECS) to explore how SAS’ communications service can be integrated into their respective national telecommunications infrastructure. Under …

China’s government is considering building a commercial space launch centre for the country’s New Space private launch companies, a number of which will be attempting their first orbital flights by the end of 2018, according to a report by Andrew Jones in GBTimes. The Chinese government made the decision to …

The UAE Space Agency is partnering with Krypto Labs – an innovation hub and startup incubator in Abu Dhabi – to identify three Emirati space and satellite startups and then scale their ideas into commercially viable products. This agreement will enable the creation of a GeoTech Innovation Programme, which will …