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Tag Archives: Commercial Space

China’s Geely Announces US$326 Million Satellite Investment For Mobility Revolution Connectivity

Chinese automotive and technology giant Zhejiang Geely Holding Group announced on 3 March 2020 that it is investing 2.27 billion Yuan (US$326 million) in a satellite manufacturing facility to be located in the coastal city of Taizhou, Zhejiang province, considered to be the ‘hometown’ of the company. The satellite manufacturing …

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E2MC Update On Space Financing Rounds In February 2020

By Raphael Roettgen The over US$220 million of announced space-related financing rounds in February 2020 handily beat the January number (US$170 million). Two satellite communication companies, American Astranis (with its $90 million in equity and venture debt) and French Kinéis, were responsible for US$200 million of the total amount. Just …

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The European Commission Finances A Disruptive Recovery Solution For Small Launch Vehicles

With the rise of the small satellite, industry launch vehicles need new solutions to offer  tailored and cost-effective access to space. The space industry took a big leap forward when SpaceX started recovering the first stage of its rockets, thus decreasing launch prices drastically. Currently, reusability is one of the trending topics in the launcher industry.

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