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Satellite Launch Business

Isar Aerospace Announces Closing of Series C Round

Isar Aerospace has announced the closing of its USD 165m (EUR 155m) Series C round, making it one of the largest SpaceTech financing rounds globally and one of the largest European DeepTech fundraises. 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventures all backed the round.

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HLAG Submits Report on Europe Autonomous Space Capability

In a bid for Europe, through the European Space Agency (ESA), to significantly increase its autonomy in human and robotic space exploration, a 12-person High-Level Advisory Group (HLAG) has presented an independent report on the state of European space exploration to the 315th session of the ESA Council at ESA Headquarters in Paris on 23 March 2023. The HLAG, which includes leaders across industry, Government, academia and civil society, came about in the summer of 2022 at the request of ESA’s Council.

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Virgin Orbit to Resume Part Operations after Funding

Virgin Orbit

In light of Virgin Orbit's pause operations amidst financial uncertainties, the Launch Company will partly resume operations after nearing a $200 million deal with Venture capital firm Matthew Brown Companies. According to Reuters, the Texas-based company will prevent Virgin Orbit's rocket from bankruptcy via a private share placement. 

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Spirit AeroSystems Signs MoU with Astraius

Spirit AeroSystems, Inc., and Astraius Ltd. have announced a collaboration to enhance future satellite launch capabilities from Prestwick Spaceport. During a visit to the Spaceport by Scottish Government Minister for Business, Trade, Tourism, and Enterprise, Ivan McKee, the companies commemorated the announcement with a signing ceremony.

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Northrop Grumman Launches Final C-Band Satellites

Two C-band Northrop Grumman Corporation satellites have successfully launched. The launch will enable SES to achieve another milestone of the Federal Communications Commission’s program to clear C-band spectrum to enable wireless operators to deploy 5G services across the U.S. (CONUS) and to continue delivering uninterrupted TV, radio, and critical data transmission services to millions of Americans.

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Space Café Radio – Munich Security Conference Special – with Andreas Lindenthal

In this  Space Café Radio - SpaceWatch.Global publisher Torsten Kriening spoke with Andreas Lindenthal, Head of Business Operations & Products at Airbus Space Systems, about his personal views of the Munich Security Conference in February 2023. We also spoke about "Zeitenwende" in Space and where Germany and Europe stand. 

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Register Today for our Space Café ,,33minutes with Dr. Gilles Rabin” – 28 March 2023

"French-German Space - Of course, I still love you" The failure of Vega C and the delay of Ariane 6 put Europe and the Franco-German couple in front of their responsibilities. Do we accept being dependent on our best friend, the USA, for access to space? Do we renounce the ambition to remain in Europe, a great space power?

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UKspace welcomes Cornwall as first space cluster member

Satellite view of Earth

UKspace has announced on the 6th of March that the Cornwall Space Cluster will be the first to benefit from its new membership band. This is part of UKspace’s new strategy to broaden the models of membership and widen knowledge of the space sector within companies that can benefit from engaging with the industry. The new membership band is specifically for space clusters in the UK. 

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Space Café 33 minutes with Pierre Lionnet, The space economist that challenges the “new space” narrative

The  Space Café “33 minutes with  Pierre Lionnet", Research and Managing Director at ASD-Eurospace, in conversation with Torsten Kriening, publisher of SpaceWatch.Global was conducted on 28th February 2023. Pierre is an economist with >25 years of experience in the space sector. He is a well-known expert of space markets and technology trends. He is tweeting on space economics and markets

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Independent Enquiry Commission Concludes Vega-C VV22 Failure

The Arianespace and ESA-set up independent inquiry commission has disclosed its conclusions on the reasons for the loss of the Vega-C VV22 mission after its launch in French Guiana on Tuesday, 20 December 2022. According to the Commission, after the nominal functioning of the Vega-C first stage P120C and nominal ignition of the second stage (Zefiro 40), a progressive decrease in the chamber pressure 151 seconds after lift-off led to the loss of the mission.

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