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Entrepreneurship

China’s New Space Race: Space Industry Value Chain Worth $16 Bn, Euroconsult Report

According to Euroconsult’s latest report, China Space Industry 2018, the China space value chain had an estimated size of more than U.S.$16 billion in 2017, with the downstream market accounting for just over 85%. Satellite Navigation, one of the key satellite applications in China, was the main revenue generator in …

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China’s New Space Race: LandSpace Technology Launch Company Gets $43 Million In Series B Funding

Chinese New Space satellite launch company LandSpace Technology announced on 20 November 2018 that it has received 300 million Yuan (U.S.$43 million) in a just-completed Series B funding round, according to Chinese news platform Weixin. The U.S.$43 million funding round was led by Huachuang Capital along with Zhongyi Investment, Xidian …

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France’s CNES, ESA, And CapDecisif Management Kickoff CosmiCapital Fund For European New Space

The French national space agency, the Centre national d’études spatiales (CNES), in partnership with the European Space Agency (ESA) and CapDecisif Management, has created a venture fund called CosmiCapital to help create a European New Space ecosystem. The CosmiCapital fund, launched by the CNES in May 2018 and managed by …

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ESA Pioneering Use Of Virtual And Augmented Reality In Space

What do astronauts, Pokemon, wildlife park rangers, and surgeons all have in common? The answer is virtual and augmented reality, or VR and AR. Usually associated with video games, this ultra-immersive technology is quickly being recognised for its real-world potential. VR is a computer-generated environment that simulates physical presence and …

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Australia’s Sky & Space Global Makes Inroads In Brazil and Africa

Sky and Space Global, the Australian New Space narrowband satellite communications company, are making significant inroads in the African and Brazilian communications markets by participating in the AfriCom conference in South Africa and signing MoU’s with two Brazilian telecommunications companies. The AfricaCom conference, held in Cape Town, was attended by …

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New Space Launch Unicorn Rocket Lab Announces $140 Million Investment

U.S. New Space launch provider Rocket Lab has closed a Series E financing round of U.S.$140 million. The funding round closed last month, prior to the launch of the successful mission ‘It’s Business Time,’ and was led by existing investor Future Fund, with strong participation from current investors including Greenspring …

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#SpaceWatchGL Interviews: Daniel L. Dumbacher of American Institute of Aeronautics and Astronautics

Established in 1963, the American Institute of Aeronautics and Astronautics (AIAA) has seen a Member of its organisation achieve virtually every milestone in modern American flight. With more than 30,000 individual members from 88 countries, and 95 corporate members, AIAA is the world’s largest technical society dedicated to the global aerospace profession. SpaceWatch.Global’s …

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South Africa’s MzansiSat Looking To Build MzansiSat-1 For Low-Cost Satellite Broadband

MzansiSat, a New Space satellite broadband company located in Stellenbosch, South Africa, is looking to launch and operate its own Geostationary orbit communications satellite, to be called MzansiSat-1, by 2022 in order to provide low-cost satellite broadband Internet across Africa in what its Chief Operating Officer, Victor Stephanopoli, calls a …

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Australia’s Myriota Teams Up With AIMS For Ocean Sensor Project

Australian New Space start-up Myriota, which focuses on providing satellite connectivity for the Internet of Things (IoT), is partnering with the Australian Institute of Marine Science (AIMS) to deploy marine buoys called drifters that are fitted with satellite-connected IoT sensors in order to track currents, sea surface water temperature, and …

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Finland’s ICEYE To Launch ICEYE-X2 SAR Satellite On SpaceX Falcon-9

ICEYE, the Finnish Earth observation company creating the world’s largest synthetic aperture radar (SAR) satellite constellation, confirmed on 8 November 2018 that it is launching the company’s second SAR satellite, ICEYE-X2, into low Earth orbit on Spaceflight’s SSO-A: SmallSat Express mission. The mission is currently targeted to launch on 19 …

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