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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 …

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CNES President Participates In Inaugural Aerospace Europe Conference (AEC2020)

The Centre national d’études spatiales (CNES) President, Jean-Yves Le Gall, attended the first edition of the Aerospace Europe Conference (AEC2020), held 25-28 February 2020  in Bordeaux. The theme of the conference, organized by 3AF, the French aeronautical and astronautical association, was ‘Greener Aerospace Innovative Technologies and Operations for a human …

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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 …

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UAE’s MBRSC To Host Fifth Annual Emirates Mars Mission Science Workshop

The Mohammed Bin Rashid Space Centre (MBRSC) is hosting the fifth edition of the Annual Emirates Mars Mission (EMM) Science Workshop between 15-17 March 2020 across three cities in the UAE. Featuring talks and engaging workshops by scientists and leading experts from the UAE and around the world, the event …

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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 …

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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 …

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