If the grant application is successful, Fleet Space will become a major satellite manufacturing hub and increase its payroll from 31 staff today to 128 by 2024… Australia’s satellite manufacturer, […]
Funding
Pixxel To Build World’s Highest Resolution Hyperspectral Satellite Array
“We are very excited to finally speak about what we are building at Pixxel. Our new funding enables us to build a health monitor for the planet through the world’s most advanced […]
Speedcast Exits Chapter 11 Via Centerbridge Partners Ownership
Speedcast has successfully completed its restructuring process and has emerged from Chapter 11 proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s $500 million equity investment […]
Indonesian Satellite Construction To Start In September Of This Year
PT Pasifik Satelit Nusantara (PSN) has initiated their Multifunction Satellite (SMF) project called Satellite of Republic of Indonesia (SATRIA). Through its subsidiary, PT Satelit Nusantara Tiga (SNT), and the PSN […]
ALE Company Sparks Continued Funding
ALE Co., Ltd. (ALE), led by CEO Lena Okajima, has allocated new shares to third parties that are underwritten by the Space Frontier Fund (operated by SPARX Innovation for Future […]
OQ Technology To Manage + Operate The MACSAT Mission For ESA
OQ Technology recently signed a 2 million euros contract with the European Space Agency as part of the Luxembourg National Space program (“LuxIMPULSE”) for the on-orbit pathfinder mission (MACSAT). The […]
Rocket Lab SPAC’s Up To Become A Publicly Traded Company + Unveils Their New Launch Vehicle, Neutron
If you happened to attend the recent SmallSat Symposium 2021, you know that one of the “hot’ topics for keynotes, panels and discussions targeted the information regarding the Special Purpose […]
Telesat Lightspeed to Receive $400 Million from the Government of Québec
The Lightspeed program is expected to bring $1.8 billion of investment into the Québec aerospace sector, creating 600 new highly-skilled, high-paying jobs and billions of dollars in economic growth… Telesat […]
Ellipsis Drive Spatial Data Platform Gains Millions With Successful Funding Efforts
Ellipsis Drive has announced their seed round funding of $2.3 million, with this funding round led by Pierre Festal, partner at Promus Ventures, with participation from Techstars, represented by Dr. […]
Telesat Signs An MoU With Québec + Receives Millions Of C$ For Investment In The Lightspeed Constellation
Telesat has entered into a Memorandum of Understanding (MOU) with the Government of Québec for an investment of C$400 million into Telesat Lightspeed, Telesat’s LE) satellite network. Telesat will invest […]