The entrepreneur and investor Max Polyakov acquired a majority stake in the South African startup Dragonfly Aerospace, Polyakov announced. Dragonfly Aerospace was founded in Stellenbosch, South Africa, by a team of five satellite engineers led by Bryan Dean, a global specialist in microsatellites and high-resolution cameras.
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D-Orbit, an Italian systems and services provider for the traditional and New Space sectors, has announced a new funding round led by Seraphim Capital, the world's largest venture capital fund dedicated to investing in New Space companies.
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The Ukrainian parliament passed the country’s first commercial space law, titled “On Amendments to Certain Laws of Ukraine on the State Regulation of Space Activities,” that was signed on 25 October 2019 by Ukrainian President Volodymyr Zelensky, according to Oleksiy Burchevskyy of the Kinstellar law firm writing in Lexology.
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Firefly Aerospace, the New Space launch company that aims to serve the small to medium-sized satellite launch market with its Alpha and Beta rockets and is owned by Ukrainian-American entrepreneur Dr. Max Polyakov, has announced the appointment of Leslie Kovacs as its Vice President for Business Development.
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