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Satellite Launch Business

Virgin Group Cuts Off Space Investment Talks With Saudi Arabia Amidst Khashoggi Murder Allegation

The Virgin Group, the parent company of Virgin Galactic and Virgin Orbit, has withdrawn from all discussions over a U.S.$1 billion investment in its space activities with Saudi Arabia’s Public Investment Fund (PIF) following the alleged torture and murder of dissident Saudi journalist Jamal Khashoggi in the Saudi Consulate in …

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Chinese New Space: Space Angels Report Reveals China Leading Global New Space Investment

U.S. New Space investment company Space Angels has released its Space Investment Quarterly for the third quarter of 2018, and the report reveals that China is now the leading investor in New Space companies, expanding its market share more than any other country. “The investment landscape is seeing steady global growth, …

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Firefly Aerospace Creates MoU With York Space Systems For Integrated Launch And Satellite Missions

Firefly Aerospace, Inc., a developer of orbital launch vehicles for the small to medium satellite market, announced on 10 October 2018 the execution of a Memorandum of Understanding (MoU) with York Space Systems for the development of integrated launch services and spacecraft mission solutions. “Firefly is pleased to enter into …

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Thai Space Entrepreneur James Yenbamroong To Launch $100 Million SE Asia New Space Fund

Thai Space entrepreneur James Yenbamroong, founder and CEO of Thai New Space company mu Space, announced on 9 October 2018 a plan to establish a venture unit in 2019 in a move to go international and to create opportunities other than satellite communications. Yenbamroong said that the planned venture unit …

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69th IAC 2018 in Bremen celebrates record-breaking levels of attendance

The International Astronautical Congress held in Bremen, Germany last week welcomed a record 6,500 delegates and 83 registered countries, reaffirming a global love affair with space. In addition, more than 10.000 participants attended the public day on Wednesday 3 October to tune-in live to the International Space Station (ISS) for …

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Japan’s Space BD Signs Agreements With ISIS And NanoRacks At IAC Bremen

Space BD, the Japanese New Space startup company specializing in business development of Japanese space technologies and projects, announced that it has signed a distribution agreement with Innovative Solutions In Space n.v. (ISIS), to be the distributor of the Dutch company’s small satellite solutions and components for the Japanese market. …

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EgyptSat-A EO Satellite To Be Launched By Russia In December 2018

Russia will launch the EgyptSat-A Earth observation satellite on a Soyuz-2.1B space launch vehicle on 27 December 2018, according to Russian press reports. The December date is a month later than the one cited in earlier reports in early September, though no reason has been given for the revised date. …

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#SpaceWatchGL Op’Ed: Brexit’s Shadow – An Update On UK Space Policy Developments

By Dr. Christopher Newman The passage of the UK Space Industry Act 2018 into law has not, as yet, seen any further developments, however crucial questions in relation to liability, insurance and charging still need to be addressed. There has been a call for evidence to inform on these crucial …

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Australian-Singaporean Gilmour Space Technologies Raises US$13.7 Million In Series B Investment Round

Gilmour Space Technologies, the Australian-Singaporean New Space satellite launch company headquartered in Queensland, Australia, has secured U.S.$13.73 million (AUS$19 million) in a Series B investment round to scale up its operations and launch its first commercial hybrid launch vehicle into orbit by 2020. The Series B investment round was led …

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