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Finance

ESA’s CubeMAP mission development terminated

June 4, 2023

After very careful consideration, ESA’s Earth Observation Program Board has taken the decision to terminate the development of CubeMAP as a Scout satellite mission. This decision is based on the […]

Filed Under: Climate, Earth Observation (EO), ENPULSION, European Space Agency (ESA), Finance, GomSpace, New Space, RAL Space, SCOUT, SmallSat

SpinLaunch’s Chief Financial Officer and Chief Strategy Officer is veteran aerospace investment strategist

May 18, 2023

SpinLaunch, a pioneering space company enabling rapid and sustainable low-cost access to space, has announced that aerospace-industry veteran Matthew Mejía has joined the company as Chief Financial Officer and Chief Strategy […]

Filed Under: Aerospace, Appointments, Bank Financing, Business Moves, Chief Executive Officer (CEO), Chief Strategy Officer, Constellation, Consultancy, Defense, Ecosystems, Finance, Investor, Launch, LEO, Sierra Space, SmallSat, Space Software Suite, SpinLaunch

Forrester’s Digest: Virgin Orbit secures $31.6 million in DiP financing & SpaceX wants more satellites

April 6, 2023

By Chris Forrester, Advanced Television Virgin Orbit has secured $31.6 million (€29.9m) in ‘Debtor in Possession’ financing from its U.S. bankruptcy court in Delaware. The satellite services company said it […]

Filed Under: Bankruptcy, Finance, Virgin Investments, Virgin Orbit Tagged With: Featured

Airbus and VDL Group to produce UltraAir, an airborne laser communication terminal 

January 11, 2023

Airbus and VDL Group have signed a partnership agreement for the development and manufacturing of a laser communication terminal for aircraft, known as UltraAir. Based on the development led by […]

Filed Under: Airbus, Business Moves, Comms, Data Transfer, Data Transmission, Development, ESA, Finance, Laser, Manufacturing, News, Partnerships, Prototypes, SATCOM

Vyoma’s seed investment for Space Traffic Management enables development of novel tracking system and automation services

October 16, 2022

Vyoma, a Darmstadt-based company with operating offices in Munich, announces the successful closing of an extended Seed financing round during the Summer of 2022. This investment follows an earlier Seed […]

Filed Under: Algorithms, ESA, Finance, Imagery, Investment Agreement, Launch, Space Debris, Space Traffic, Space Traffic Management, Spacecraft, Venture Capital

Outpost raises million$ in seed round to develop reusable satellites for Earth return service

September 1, 2022

Outpost Technologies Corporation (“Outpost”) has closed a $7.1 million series Seed round. This round was oversubscribed, demonstrating Outpost’s visionary approach to disrupting the satellite market. The company has developed and […]

Filed Under: Finance, Outpost Technologies, Satellite Earth Return Service, Seed Funding, SmallSat

Signals is arriving from Comtech

August 29, 2022

Comtech’s company-wide blog — Signals — has debuted, offering timely information about the company’s financial and operating performance and how our technology meets the needs of the markets we serve. […]

Filed Under: BLog, Comtech, Finance, Markets, Operations

It’s official… OneWeb to bond with Eutelsat

July 26, 2022

Eutelsat Communications (Euronext Paris: ETL) and key OneWeb shareholders have signed a Memorandum of Understanding (MoU) with the objective of creating a leading, global player in Connectivity through the combination […]

Filed Under: B2B, B2C, Business Moves, Connectivity, Constellations, Executive Board, Finance, France, GEO, HTS, Hybrid Terminals, LEO, Merger, Satellites, SmallSat, United Kingdom (UK) Tagged With: Featured

UK Government to offer financial support for debris removal missions + space legislation review

June 26, 2022

The UK’s Department for Business, Energy and Industrial Strategy will begin to develop a number of initiatives to help protect the planet’s orbital environment. This announcement pledged to develop a […]

Filed Under: Agencies, Finance, Government, Space Debris, Space Liability Insurance, Space Sustainability, Space System Licensing, United Kingdom (UK) Tagged With: Featured

SES successfully prices 750 million eurobond

June 7, 2022

SES S.A. has successfully launched and priced a bond offering in which the company has agreed to sell senior unsecured fixed rate notes due in 2029 for a total amount […]

Filed Under: Bond, Europe, Finance

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