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Space

#SpaceWatchGL Opinion: Risks and Benefits of Venture Capital for Space Firms

Rotoiti interviewed several finance experts in the space industry. This brief, based on those conversations, summarizes the risks and benefits that venture capital poses to space firms. Many firms assume that they must attract venture capital (VC) in order to succeed, but it is important to first define success and then assess if VC is necessary to achieve that success.

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Airbus to develop PMAD for lunar Gateway module

Airbus Crisa, an affiliate company of Airbus, has signed a contract with Northrop Grumman to develop the Power Management and Distribution (PMAD) system for the Habitation and Logistics Outpost (HALO), Airbus announced. The contract worth over US $50M marks Airbus’ first contribution to the Lunar Gateway, part of NASA’s Artemis program.

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Masten prepares for Moon Mission 2 in 2024

Space infrastructure company, Masten, announced they were already preparing for their second Moon mission, although Mission 1 has not left Earth yet. The company claims that they are capable of launching Mission 2 as early as six months after Mission 1.  Masten’s first mission to the Moon, landing near the Haworth Crater, is scheduled for the end of 2023.

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Euroconsult estimates global space economy totaled US $370B

Space consulting and market intelligence company, Euroconsult, estimates that the global space economy totaled US $370B last year. The figures leading up to the estimation can be found in their Space Economy report for 2021. These include the commercial and governmental space market (US $337B), internal costs and R&D of government organizations (US $33B).

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President nominates new eighth lead for NGA

President Joe Biden has nominated Navy Vice Admiral Frank Whitworth to lead the National Geospatial-Intelligence Agency (NGA), the institution responsible for analyzing and distributing satellite imagery for intelligence purposes. Career intelligence official Whitworth, currently serves as a director among top military officers advising the president and senior defense officials.

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Gilmour Space fires up Australia’s largest rocket engine

Rocket engineers at Gilmour Space Technologies have successfully test fired the most powerful rocket engine ever developed in Australia, Gilmour Space reported.The company achieved the full thrust of 110 kN (kilonewtons) during the 75-second test. Generating enough force to lift four SUVs off the ground, the test is a significant milestone for Gilmour Space.

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#SpaceWatchGL Column: Dongfang Hour China Aerospace News Roundup 3 – 9 January 2022

As part of the partnership between SpaceWatch.Global and Orbital Gateway Consulting we have been granted permission to publish selected articles and texts. We are pleased to present “Dongfang Hour China Aerospace News Roundup 3 - 9 January 2022 ”. Hello and welcome to another episode of the Dongfang Hour China Space News Roundup! I’m Jean Deville, joined as always by my co-host Blaine Curcio

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