4iG Group and its subsidiary REMRED have laid the foundation stone of Hungary’s first space industry manufacturing center in Martonvásár, Hungary. The factory named REMTECH manufactures, assembles, integrates and tests satellites, with modular technology uniquely in Europe. The greenfield project implements solutions in line with aerospace standards and will be supplied by an independent photovoltaic […]
Eutelsat has invested in a new space-based venture fund managed by Seraphim Space Ventures. Eutelsat joins Japan’s SkyPerfect JSAT along with Japanese telco NEC in the new fund. The fund (Seraphim SSV II) says it will be focused on investing in Seed and Series A-stage companies. Seraphim said the SSV II fund aims to build […]
Significant and ongoing transformations in the High Throughput Satellites (HTS) market are confirmed in the 7th edition of the High Throughput Satellites report from space consulting and market intelligence firm Novaspace. The report underscores the pivotal role of Non-Geostationary Orbit (NGSO) constellations in reshaping the satellite connectivity industry, with the latter to emerge as the […]
mu Space, the satellite technology company based in Thailand, has entered into a Memorandum of Understanding (MOU) with RBC Signals, a provider of satellite data communication products and solutions. The MOU is the beginning of a collaboration aimed at exploring opportunities related to Satellite Ground Station Facilities in Thailand and Southeast Asia countries. The two […]
The satellite communications market has seen significant changes across its value chain, bringing forth new technological innovations that include flexible satellites and more specifically, software-defined satellites (SDS). Geostationary Earth Orbit (GEO) satellite operators have been compelled to respond to increased competition amidst these market shifts. One approach is to optimise the utilisation of GEO satellites; […]
In the week that SpaceX has been given a market valuation of some $180 billion (€165.7bn) it is no great surprise that the overall space economy is forecast to triple in value to around $1.8 trillion and growing at twice the rate of global GDP, according to an Insight Report from the World Economic Forum, […]
It was recently reported how Intelsat was facing up to its future and how it would compete with rival satellite operators. More detail has now emerged. Intelsat has been through something of a nightmare this past few years, emerging – more or less – from Chapter 11 bankruptcy with much reduced interest obligations and the […]
Space consulting players, Euroconsult and SpaceTec Partners, are merging to create Novaspace, which will serve as a specialist in professional services dedicated to the space industry. Euroconsult has a 40-year legacy in consulting, market intelligence and executive summits; and SpaceTec Partners brings two decades of experience in management consulting, including strategy, innovation advisory and market […]
The European Space Agency (ESA) has secured €900 million in funding for the European Commission’s (EC) IRIS2 proposed mega-constellation (Infrastructure for Resilience, Interconnectivity and Security by Satellite). ESA is the multi-orbit project’s technical manager. ESA delivered a briefing on March 27 and its director of telecommunications and navigation, Javier Benedicto, explained that the final bid […]
Abu Dhabi-based businesses, YahSat and Bayanat, announced their merger last December. The final stage in the plan which is to create a new holding company called Space42 is close. Both companies in the merger have announced special General Assembly meetings to be held simultaneously on April 25th in order to vote on the scheme. The […]