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Space Resources

ESA Becomes CubeSat Central For Smaller Space Missions From Europe

The European Space Agency (ESA) has set up a dedicated unit to work on the standardised nanosatellites called ‘CubeSats’, teaming up with European companies to develop low-cost technology-testing missions. Missions in preparation include a double CubeSat to test rendezvous and docking techniques, and one to explore near-Earth asteroids. A fast-growing …

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NSR Predicts Significant Growth of In-Orbit Servicing Market Over Next Decade

NSR’s In-Orbit Servicing Markets, 2nd Edition (IoSM2) report forecasts $4.5 billion in cumulative revenues from In-Orbit Satellite Services by 2028. While growth is anticipated across all applications in all orbits, GEO satellite life extension will yield the largest share of revenues. As more LEO constellations start to launch, NGEO players …

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Luxembourg And Belgium To Cooperate In Exploration And Exploitation Of Space Resources

Didier Reynders, Deputy Prime Minister, Minister for Foreign Affairs and Defence of the Kingdom of Belgium, and Etienne Schneider, Deputy Prime Minister and Minister of the Economy of the Grand Duchy of Luxembourg, signed a joint declaration at the Palais d’Egmont in Brussels on 23 January 2019 in which the …

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#SpaceWatchGL Op’Ed: Privateering the Solar System – A Long View of Commercial Space and National Security

By Dr. John B. Sheldon The role of commercial space in today’s national security environments is known well enough. There are useful policy debates to be had over what national security space systems a state should absolutely provide for to ensure sovereign decision making in war versus where commercial entities …

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Success for China’s historic Chang’e 4 Mission to the lunar ‘far side’

Human space exploration has received another significant boost with the successful landing of a Chinese probe on the far side of the moon – a feat that has never before been accomplished. Chinese state media confirmed that the spacecraft had performed a ‘soft landing’ at 10.26am (2.26am GMT) on January …

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#SpaceWatchGL Op’Ed: Why We Should Continue To Invest In Space Exploration

By James Yenbamroong Mankind has always been defined by our collective curiosity. We constantly push for greater things, expanding our knowledge and influence over the world around us. Some achieved things that were previously thought impossible. The Wright brothers flew the first fixed-winged aircraft, Yuri Gagarin was the first man …

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Firefly Aerospace Selected By NASA To Provide Launch For Commercial Lunar Payloads

Firefly Aerospace, Inc. (Firefly), a provider of economical, and dependable launch vehicles, spacecraft and in-space services, have announced that they have been selected by NASA for the award of a Commercial Lunar Payload Services (CLPS) contract. The principal purpose of NASA’s CLPS program is to acquire end-to-end commercial payload services …

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New Space Moon Race: NASA Taps Nine U.S. Companies For Commercial Lunar Payload Services

Nine U.S. companies are nows eligible to bid on NASA delivery services to the lunar surface through Commercial Lunar Payload Services (CLPS) contracts, as one of the first steps toward long-term scientific study and human exploration of the Moon and eventually Mars. These companies will be able to bid on …

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Morgan Stanley Forecasts Space As A Trillion-Dollar Industry By 2040

It’s been nearly half a century since humans left footprints on the moon and during that time human space exploration has largely centered on manned low-Earth orbit missions and unmanned scientific exploration. But now, high levels of private funding, advances in technology, and growing public-sector interest is renewing the call …

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