Satellite Launch Business

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Future spaceports can apply for a share of two million pounds to support plans for small satellite launch from aircraft and sub-orbital flight from the UK, Science Minister Chris Skidmore announced Wednesday, 22 May 2019. Sites such as Newquay in Cornwall, Campbeltown and Glasgow Prestwick in Scotland, and Snowdonia in …

Private Chinese company, LandSpace, has successfully tested an oxygen-methane engine. Called TQ-12, the 80-tonne thrust engine completed the 20-second test and has the third highest thrust level in comparison with the same engine type, in the world. Using gas that is readily available, the engine is low cost and also …