Thaicom, the Asian satellite operator, has announced the signing of a strategic partnership agreement with US-based Orbital Insight, a player in geospatial analytics and location intelligence technology, to enable Thaicom to deliver data insights and intelligence services leveraging space-based technology and other sources with Orbital Insight’s geospatial analytics platform to its customers in Thailand and […]
Washington State-based Spaceflight Industries’ subsidiary Andrews Space is readying its Shrpa so-called Space Tug, or satellite orbital recovery craft. Its latest version (Sherpa LTC-2) is a chemically powered satellite and was delivered on August 10th to SpaceX’s facility at Cape Canaveral in Florida ahead of a launch in September. The craft had already been delivered […]
A report from BryceTech, which analyses and updates global rocket launch activity over Q2, says that SpaceX had the most launches during the three-month period. The 16 launches placed an overall 473 spacecraft into orbit, by far the most of any launch provider. Second place went to CASC, the China Aerospace Science & Technology Corporation, […]
Abu Dhabi-based satellite operator Yahsat has declared a Q2 profit of $25.3 million (€24.4m), and recorded its highest-ever revenues for the half-year, up 8.1 percent. Yahsat (officially the Al Yah Satellite Communications Co), which is listed on the Abu Dhabi stock exchange, reported revenues for the half-year of $206 million. Yahsat’s growth momentum continued in […]
Satellite network communications specialist Gilat has reported revenue of $55.5 million (€54.3m), up 1.2 per cent, operating profit $1.5 million (vs a loss last year of $400k) and Adjusted EBITDA of $5.3 million. The Israel-based company reiterated its 2022 guidance of overall revenues between $245 to $265 million, representing y-o-y growth of between 14-23 per […]
California-based Viasat has told shareholders that its Q1 results are on track and that the operator is “confident” in achieving its 2023 expectations. Revenue for Q1/2023 – its current trading year – was $678 million (€662m), a 2 per cent Y-o-Y increase from Q1/2022. “Satellite Services earned record revenue in Q1/2023, where growth in in-flight […]
Satellite technology company Thales Alenia Space is partnering Italy-based MIPRONS on an innovative propulsion system for satellites which uses water as a fuel. Based on MIPRONS’ proprietary technology, with the Italian patent being extended to 49 other countries, this miniaturized, high-thrust thruster will use a green, cost-effective propellant — water. An electrolysis process breaks down […]
Virginia-based Bryce Tech, in its latest State of the Satellite Industry Report, says that the overall global space economy was worth $368 billion (€359.4bn) at the end of 2021. The launch industry itself, while valuable, is said by Bryce to be valued at just $5.7 billion, while consumer-based satellite services are worth over $118 billion. […]
Astraius, the UK-based, horizontal launch company, has announced two key suppliers for its launch solution. Northrop Grumman has been selected as the first and second stage motor supplier, and Exquadrum will provide the upper-stage motor. Astraius is on-track for first launch in Spring 2024. The announcement received the support of the UK Space Agency at […]
The United Arab Emirates is to invest some 3 billion dirham (€801m) in order to start developing and building its own satellites. The funds will help support an ambitious space programme which will include scientific missions which extends to a plan to explore Mars and Venus. UAE Ruler Sheikh Mohammed bin Zayed stated that the […]