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The Space Café Podcast #72: Kevin O’Connell – ret. director at U.S. Department of Commerce, on the broadening commercial potential of the space industry

Kevin O'Connell is a former Director of the Office of Space Commerce at the U.S Department of Commerce. He is now the founder of Space Economy Rising LLC, a company that works with clients and partners worldwide on all aspects of the space economy. He is an expert in the field of space commerce and has been involved in space issues for over 30 years. In this episode, he talks about the commercial potential of space and takes unexpected turns. It seems space is looking for any talent out there.

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Capella Space Raises $60M in Growth Equity

Capella Space, an American space technology company with data and satellite solutions for government and commercial applications, announced $60 million in growth equity financing in a follow-on to their Series C funding round through Thomas Tull’s US Innovation Technology Fund (USIT). Capella Space is one of the first companies to close financing through Tull’s USIT Fund, bringing the company’s total funding to approximately $250M.

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RFA’s First Launch to Take Place from SaxaVord Spaceport

Rocket Factory Augsburg AG (RFA) and SaxaVord Spaceport have announced their launch operations partnership. As a result of the partnership, RFA will have exclusive access to Launch Pad Fredo for orbital launches. Consequently, the company’s first launch of its RFA ONE launch system – currently planned for the end of 2023 – will take place from the northernmost point in the UK.

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NorthStar Earth & Space partners with Axelspace to provide combined SSA services

Commercial near-Earth orbit monitoring service provider, NorthStar Earth & Space, signed an agreement with Japanese microsatellite company Axelspace, to use existing space-based sensors to contribute to NorthStar’s more comprehensive coverage of the space domain. The collaboration will leverage Axelspace’s operational AxelGlobe constellation of five Earth observation low Earth orbit satellites to provide complementary Space Situational Awareness (SSA) data.

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NASA’s MURI Instrument Measure Earth’s Surface Temperature

A new NASA radiometer is now in low Earth orbit, paving the way for future satellite constellations dedicated to measuring infrared energy radiating from Earth’s surface. With development happening at Leonardo DRS with support from NASA’s Earth Science Technology Office, the SpaceX Transporter 6 launched the Multiband Uncooled Radiometer Imager (MURI) instrument on Tuesday, January 3, as one of several hosted payloads within Loft Orbital’s YAM5 washing machine-sized satellite.

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Space Economy Reaches $424 billion in 2022

Euroconsult has released the 9th edition of its annual space market overview to cover the past 12 months and forecast the next 10 years for the industry. The report charts highs that contributed to the continued growth of many aspects of the commercial sector, together with the ongoing challenges of the world geopolitical and world economic environment.

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