SpaceForum_2020_banner
Home / Space / Entrepreneurship (page 30)

Entrepreneurship

Rakuten and Vodafone Invest in AST & Science’s Space Venture

Rakuten and Vodafone have become the lead investors in a venture to extend mobile coverage to more people and devices across the planet, using the first mobile broadband network that will be broadcast from space. Branded SpaceMobile, the low-Earth-orbit (LEO), low-latency satellite network from AST & Science will be the …

Read More »

OroraTech Releases New Version Of Wildfire Detection System

  Today, OroraTech announces the release of a new version of their wildfire intelligence system. The company specializes in early wildfire detection and monitoring from space using satellite data. After carefully evaluating customer feedback received over the last months, OroraTech has added several new features to their system. The first …

Read More »

PredaSAR Completes US$25 Million Seed Financing Round, Names CEO

PredaSAR Corporation which is building and will operate the world’s largest and most advanced commercially operated Synthetic Aperture Radar (SAR) satellite constellation, announced on 2 March 2020 that it successfully completed a US$25 million seed financing round. Funds were raised from a diverse network of global institutional investors, including Miami-based lead investor, …

Read More »

China’s Geely Announces US$326 Million Satellite Investment For Mobility Revolution Connectivity

Chinese automotive and technology giant Zhejiang Geely Holding Group announced on 3 March 2020 that it is investing 2.27 billion Yuan (US$326 million) in a satellite manufacturing facility to be located in the coastal city of Taizhou, Zhejiang province, considered to be the ‘hometown’ of the company. The satellite manufacturing …

Read More »

Virgin Galactic Invites Aspiring Astronauts To Take “One Small Step” As Company Experiences Rocketing Global Demand

Virgin Galactic Holdings, Inc. announced on 25 Febrary 2020 that in preparation for the re-opening of spaceflight sales, it is introducing the One Small Step initiative. The company formally closed its doors to new ticket sales after its history-making first space flight in December 2018. In addition to more than …

Read More »

Saber Astronautics Plans App To Allow Hobbyists To Track Satellites And Space Debris

Sydney-based Australian space company Saber Astronautics plans to launch an app to allow anyone with a telescope to track satellites and space debris, according to a report in spaceconnectonline.com/au published on 27 February 2020. This app would offer even backyard hobby astronomers a role in space situational awareness, keeping track …

Read More »

E2MC Update On Space Financing Rounds In February 2020

By Raphael Roettgen The over US$220 million of announced space-related financing rounds in February 2020 handily beat the January number (US$170 million). Two satellite communication companies, American Astranis (with its $90 million in equity and venture debt) and French Kinéis, were responsible for US$200 million of the total amount. Just …

Read More »