Tag Archives: New Space Economy

Chinese New Space company Chengdu GuoXing Aerospace Technology Co. Ltd., also known as ADA Space, is building satellites powered by Artificial Intelligence (AI); the company has already launched two and is preparing for a third launch in early December 2018.

Skyrora, the Scottish New Space satellite launch company, has moved its corporate headquarters to Princes Street in the heart of Edinburgh, Scotland's capital city, under a five year lease.

MIURA-1, the suborbital rocket developed by PLD Space, will be launched from "El Arenosillo" Experimentation Center (CEDEA), of the Instituto Nacional de Técnica Aeroespacial (INTA), Spain's national space agency, during the third quarter of 2019. This technological demonstrator, whose development began in 2011, is designed to provide scientific and commercial access to space from Spain.

Australia's leading rocket company, Gilmour Space Technologies, has signed a long-term collaboration and supply agreement with global launch industry supplier, RUAG Space.

The first of 320 satellites in the Chinese Hongyan low-Earth orbit (LEO) satellites communications mega-constellation is expected to be launched by the end of 2018 on board a Long March-2D satellite launch vehicle, according to reporting by Andrew Jones in the GBTimes.

Chinese New Space satellite launch company LandSpace Technology announced on 20 November 2018 that it has received 300 million Yuan (U.S.$43 million) in a just-completed Series B funding round, according to Chinese news platform Weixin.

The French national space agency, the Centre national d’études spatiales (CNES), in partnership with the European Space Agency (ESA) and CapDecisif Management, has created a venture fund called CosmiCapital to help create a European New Space ecosystem. The CosmiCapital fund, launched by the CNES in May 2018 and managed by …

Japanese company ANA Holdings, best known for operating All Nippon Airlines, and trading house Marubeni Corporation have partnered to build a spaceport in Japan as early as 2021, according to a report in the Nikkei Asian Review. The spaceport will be used for private space travel, such as space tourism, …

Sky and Space Global, the Australian New Space narrowband satellite communications company, are making significant inroads in the African and Brazilian communications markets by participating in the AfriCom conference in South Africa and signing MoU’s with two Brazilian telecommunications companies.

U.S. New Space launch provider Rocket Lab has closed a Series E financing round of U.S.$140 million. The funding round closed last month, prior to the launch of the successful mission ‘It’s Business Time,’ and was led by existing investor Future Fund, with strong participation from current investors including Greenspring Associates, Khosla Ventures, Bessemer Venture Partners, DCVC (Data Collective), Promus Ventures and K1W1.