The UK Space Agency used the Farnborough Air Show to announce awards totalling more than £33 million (€39.2m) to 20 UK space innovation projects. Former British astronaut Tim Peake was on hand to help out, saying: “So many exciting, innovative companies represented, doing amazing things in the space industry for the benefit of people on […]
Japan’s Astroscale’s UK subsidiary has received around $15 million (€17.8m) from the UK Space Agency and the European Space Agency to de-orbit a dead OneWeb satellite. The funding goes into ELSA-M, or End of Life Services mission, and is scheduled for 2026. The new cash comes on top of an €18 million grant which covered […]
The European Space Agency’s 2024 Space Environment Report has some hard-hitting criticism of certain satellite operators. The ESA said some satellite orbits “are getting crowded and increasingly churning with deadly, fast-moving pieces of defunct satellites and rockets that threaten our future in space.” The ESA added: “Without further change, the collective behaviour of space-faring entities […]
In a significant move that underscores Qatar’s growing prominence in the space industry, Es’hailSat, the national satellite company, has announced the integration of new DataMiner services into its operations, building on its years-long partnership with Skyline Communications. This strategic expansion aims to empower Es’hailSat to monitor and manage their satellite operations with unparalleled efficiency and […]
The European Space Agency (ESA) has always worked on the basis that it would reward contributing nations with contracts that were more or less equal to their investments into ESA. There are 22 member states in ESA including the UK. This return on investment is dubbed by ESA as its “geographic return”. A meeting of […]
Munich-based Alpine Space Ventures has raised $155 million (€144.6m) for its space-focused venture capital fund, and says it expects this to grow to $160 million by the end of June. Co-founder of the business Joram Voelklein says the fund has received “sizeable” investments from the European Investment Fund (EIF) of €60 million and NATO’s Innovation […]
Following its acquisition by Space Norway Group in January, Telenor Satellite will now be recognised by its new name, Space Norway. Space Norway provides critical satellite services to governments, commercial maritime, land-based industries, and major broadcasters. With a portfolio of satellites, submarine cables and teleport infrastructure, the company serves clients throughout Europe, the Arctic, the […]
A report from analysts at GlobalData suggests that space-based robotics is now at a recognised pivotal moment and expected to enjoy “explosive growth” prospects. The report says that more than 40 pioneering companies have entered the space robotics arena, attracting more than $200 million (€185m) in venture capital, according to the firm’s Technology Foresights. Space […]
McKinsey senior partner Ryan Brukardt and global editorial director Lucia Rahilly state the global space economy where innovation in space-based technology is generating a range of public- and private-sector opportunities that could reach $1.8 trillion (€1.65tn) by 2035. The two McKinsey staffers, in a major report, say there is an “allure” about space, yet most […]
Neo Space Group (NSG), a Public Investment Fund (PIF) global space services company, has joined forces with a global satellite communications operator SES, to bring the SES Open Orbits Inflight Connectivity network to the international airlines market. SES Open Orbits is an advanced open architecture Ka-band network that allows satellite assets from multiple operators and […]