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 new standard for space sustainability which will be designed to encompass existing guidelines and principles in relation to space sustainability and fill the gaps in […]
Finance
SES successfully prices 750 million eurobond
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 of 750 million euros. The new notes will bear a coupon of 3.50% and were priced at 99.725% of their nominal value, representing a credit […]
Satellogic’s Agreement With UP42 Enables Direct Access To Satellogic’s Earth Observation Data
During pre-processing, Satellogic imagery is optimized for analysis by Machine Learning (“ML”) and Artificial Intelligence (“AI”) applications — a significant benefit for UP42 users who will have access to more than 75 ML/AI algorithms on the UP Satellogic Inc. provider of sub-meter resolution Earth Observation (“EO”) data collection, has entered into an agreement with UP42, […]
Plan-S Ramps Up To Launch Three IoT Tech Demo Satellites Onboard SpaceX’s Falcon 9
These Turkish companies have grown at hyper speed and Plan-S will complete a full cycle in less than a year. From developing to manufacturing and launching three satellites. Plan-S Satellite and Space Technologies, a Turkish provider of end-to-end satellite solutions for global IoT services, have signed a series of agreements to launch three IoT tech […]
SatLease Capital Signs With Inmarsat’s Application And Solution Provider Program
SatLease Capital (SLC) has joined the Inmarsat Application and Solution Provider (ASP) Program, an ecosystem for providers of software, hardware and solutions, and original equipment manufacturers (OEMs) in commercial land markets. As an ASP member, SatLease Capital will gain access to Inmarsat’s global L-band satellite connectivity network, ELERA, and worldwide reach to scale its solutions into new […]
Beam Budget’s Release With Special DoD Enhancement
INTEGRASYS’ Beam Budget 2022 has been released, with its link budget tool bringing new capabilities for U.S. DoD providers. The new capability is focused on the DoD guidelines when calculating link budgets. Now the tool enables the users to obtain a tailor-made report which includes the required information, mandatory by the US Government Agencies, just […]
SatRevolution’s Values Increase With Series B Funding From Virgin Orbit
SatRevolution S.A. (“SatRev” or the “Company”), Polish developer and manufacturer of nanosatellites and nanosatellite technologies, announced that it has secured Series B funding (the “Transaction”) from Virgin Orbit, the U.S.-based responsive launch and space solutions company that has announced a planned business combination with NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA). The Transaction values SatRev […]
Euroconsult Projects Government Space Project Budgets To Reach $1 Billion During The Next Decade
Euroconsult has released their highly anticipated “Government Space Programs” report for 2021. The highlight of this year’s findings is a continued, even accelerated, volume of governmental investment in the space sector, driven by two major drivers: ambitious space exploration programs by leading space countries and rivalries driving the militarization of space. Euroconsult’s “Government Space Programs” […]
Swedish Space Corporation To Finalize The Building Of A New Spaceport At Esrange Space Center
Swedish Space Corporation (SSC) and the Nordic Investment Bank (NIB) have signed a 12 million euros loan agreement for the finalization of a new spaceport at Esrange Space Center in Kiruna, northern Sweden. The 12-year maturity loan will finance the investments to enable the use of reusable rockets and the ability to launch smallsats into […]
Eutelsat Increases Their Shareholding In OneWeb
Eutelsat Communications (Euronext Paris: ETL) has exercised a call option on a portion of the latest OneWeb funding round subscribed by Bharti, for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%. The transaction was undertaken on identical financial terms to Eutelsat’s initial investment of $550 million announced in April and completed […]