Tomorrow.io said Dec. 7 it stands to raise up to $420 million for its planned network of weather satellites by merging with Pine Technology Acquisition Corp., the latest special purpose acquisition company (SPAC) to invest in the space industry.

Valley Tech Systems, a firm recently acquired by Voyager Space, won a $94 million contract from Lockheed Martin to provide a solid propulsion subsystem for the U.S. Missile Defense Agency’s Next Generation Interceptor.

A new Chinese constellation for disaster prevention, early warning and natural resource monitoring will bring yet more players into developing small synthetic aperture satellites in the country.

The growth generated from investments will be left unrealized if the government falls short in protecting the space domain.

SpaceNews

The world’s next generation cosmic observatory, the James Webb Space Telescope, is due for launch on an Ariane 5 from Europe’s Spaceport in French Guiana.

Webb is a joint project between NASA, the European Space Agency, and the Canadian Space Agency and is a remarkable feat of engineering and technology. The telescope is fitted with the largest astronomical mirror ever flown in space, sophisticated new scientific instruments, and a sunshield the size of a tennis court.

Ariane 5 is one of the most reliable launch vehicles in the world and special modifications have been made for the preparation and

Reconnecting the ecosystem. From December 13th to 16th Euroconsult will host the World Satellite Business Week in Paris, 822 days after the last one.

SpaceNews

NASA announced a new class of astronauts that will be eligible for missions to the moon on the same day the agency’s safety advisers called for strategic planning to ensure success in those exploration efforts.