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Satellite Launch Business

Japan And France Strengthen Space Cooperation In Preparation For Macron Visit

President of the Centre national d’études spatiales (CNES), Jean-Yves Le Gall, was in Tokyo on 6 June 2019 to lay the groundwork for the space agenda of the State Visit of President Emmanuel Macron to Japan on 26 and 27 June. On this occasion and in the presence of Laurent …

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ESA Looks To Boost Commercial Space Launch Services At Space 19+

Europe is part of a new era in space transportation with new commercial initiatives offering services to space, in space, and back from space springing up within the privately led and funded space sector. ESA welcomes this development towards further European industrial growth and competitiveness. ESA, tasked with growing and supporting …

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Vector Names Former Blue Origin Director and Treasurer as New Chief Financial Officer

"As we look to our future and transition from a period of development into full operations, we needed someone to guide us through this exciting time," said Jim Cantrell, CEO and co-founder of Vector. "Stephanie's proven experience in finance, growth, and strategy for some of the world's largest aerospace companies makes her well-suited to help us achieve our aggressive business goals." Koster joins Vector from Blue Origin where she spent nearly seven years as Director and Treasurer of its domestic and international affiliates. While at Blue, she oversaw finance and business operations for the consolidated companies. Koster has also held senior leadership roles at The Boeing Company, where she was involved in programs pertaining to its global venture capital, corporate venturing & innovation programs, international M&A, corporate development and technology acquisition. "Over the past several years, I've witnessed Vector quickly join the ranks to make a name for itself among the leaders in the small satellite launch industry," said Koster. "As the company continues to forge ahead, I look forward to working alongside the team to meet its goals in the most thoughtful and efficient way possible." The appointment of Vector's new CFO follows its $70 million Series B funding, which is directly contributing to the expansion of its team. As the company dedicates focus toward its first orbital flight from the Pacific Spaceport Complex-Alaska this year, and continues on its mission towards lowering the barriers of entry to space, Koster will be responsible for ensuring Vector's business operations are aligned with these goals.

Vector is welcoming Stephanie Koster to the company’s team as Chief Financial Officer (CFO). Koster brings more than 20 years of extensive experience in domestic and international strategy, finance, and operations across several Fortune 50 and high growth aerospace companies. As CFO, Koster will lead finance and business operations to …

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SES President and CEO Steve Collar to Chair World Space Week 2020

Steve Collar, SES President & CEO

SES and World Space Week Association have confirmed that SES President and CEO Steve Collar will be Honorary Chair of World Space Week 2020. “I’m excited to chair World Space Week, the biggest space event on Earth, as it focuses global attention on the broad benefits of satellite technology to …

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Relativity to Build Autonomous Rocket Factory and Expand Testing Facilities at NASA Stennis Space Center

Rendering of Relativity Space's factory in Stennis

Relativity has announced that it has secured an agreement with the National Aeronautics and Space Administration (NASA) and an incentive package from the Mississippi Development Authority to expand facilities and infrastructure at NASA’s historic Stennis Space Center in Hancock County, Mississippi. Through this agreement, Relativity will leverage valuable existing NASA …

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Equatorial Space Industries Secures Angel Funding

Equatorial Space Industries has secured Angel capital from individual investors earlier this year enabling the company to continue the development of its innovative, hybrid rocket systems. The investment round allows the previously all-volunteer organisation to move towards a full-time business operations, and to secure new premises in the Pioneer area …

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UK Space Agency to Support Development of Cornwall Launch Base for Virgin Orbit

Spaceport Cornwall, courtesy Virgin Orbit

The UK Space Agency and Cornwall Council intend to make available up to £20 million for Spaceport Cornwall and US launch operator Virgin Orbit to develop facilities and operational capabilities that would enable small satellite launch from Cornwall in the early 2020s. This investment remains subject to business case approval …

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Kleos Space’s Scouting Mission Launch By Rocket Lab Set For August 2019

Kleos Space S.A., the space-powered Radio Frequency Reconnaissance data provider, advises that the Kleos’ Scouting Mission-1 launch is confirmed for August 2019 on a Rocket Lab Electron launch vehicle. All preparations by Kleos on the Kleos’ Scouting Mission satellites are on track for mission readiness and will be onsite, ready …

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Kleos Space Receives Satellite Concession From Luxembourg Government

Kleos Space S.A., the space-powered Radio Frequency Reconnaissance data provider, has been granted the Luxembourg Government Concession to establish and operate a Luxembourg satellite system (Concession). The Concession, signed by Prime Minister, Xavier Bettel, is required to launch and operate the Kleos Scouting Mission-1 and any subsequent satellite constellations under …

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UK’s Avanti Communications Group Secures $55 Million Credit Line

Avanti Communications Group Plc has announced that it has now closed its new U.S.$55 million two-year 1.5 lien credit facility. The 1.5 Facility matures in May 2021 or, if the Company’s existing super senior facility (the “Super Senior Facility”) is extended, in July 2021. Loans made under the 1.5 Facility …

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