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SES has announced that it has successfully launched the first two O3b mPOWER satellites into space aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States. With a design that will deliver unprecedented performance with a first-of-its-kind software-driven payload, O3b mPOWER is SES’s second-generation medium earth orbit (MEO) system.

EUMETSAT has announced the successful launch of its Meteosat Third Generation-Imager 1 (MTG-I1) from the European Space Centre in Kourou. As a result, EUMETSAT Director-General Phil Evans said the successful launch of MTG-I1 was a critical milestone for the organization, bringing the goal of delivering essential data from the satellite’s instruments to meteorologists one step closer

The US Patent and Trademark Office (PTO) has granted OQ Technology patents for its “frequency synchronization” and “timing synchronization” technology. The two synchronization technologies are already in use for communicating with the satellites in the company’s growing 5G IoT (Internet of Things) constellation connecting IoT devices globally.

Isar Aerospace and the German Space Agency at DLR have announced the selection of payloads for the company’s launch vehicle, Spectrum's second flight, planned for 2023-2024. The announcement came at the first German Small Satellite conference on December 6 2022.

 E-Space, a global space company focused on bridging Earth and space with the world’s most sustainable low Earth orbit (LEO) network, announced that it entered into a definitive agreement to acquire CommAgility from the Wireless Telecom Group, Inc. CommAgility is a stand-alone developer of embedded signal processing and Radio Frequency (RF) modules, with its own LTE PHY/stack source code for commercial grade 4G and 5G mobile networks, air-to-ground (ATG), satellite communications (Satcom) and related applications.

Eutelsat has appointed Christophe Caudrelier as its Chief Financial Officer, after successfully launching the EUTELSAT 10b. His appointment follows the announcement by Sandrine Téran that she is stepping down as Chief Financial Officer to move on to other professional projects

The Council and the European Parliament have reached a provisional agreement on a regulation establishing the EU's secure connectivity program for the period 2023-2027. The program sets goals for the European Union to deploy an EU satellite constellation called 'IRIS2' (Infrastructure for Resilience, Interconnectivity, and Security by Satellite), which will enable secure communication services by 2027

Rivada Space Networks GmbH, a European network company launching a unique connectivity constellation for Government and Enterprise communications, announced that it has issued its request for proposals for 600 low earth orbit (LEO) satellites, having released the RFP for the associated heavy-lift launch services two weeks ago.

SpaceX’s Falcon 9 successfully launched Eutelsat’s Hotbird-13F geostationary communications satellite, NASA said. This was the 47th Falcon 9 flight this year and the third flight for booster B1069.

Being part of a growing economy is where you want to be these days. And Space promises to be among one of the fastest growing sectors, with huge spillover potential into other industries. Currently, the space economy has been estimated to be at around 386 billion USD in revenue, and expectations predict it to be at 1 trillion USD by 2040. The outlook is attractive and moving within the space sector one could have the impression of booming space businesses. But are those numbers legitimate?