Paris, France (SPX) Jan 30, 2024
Eutelsat Group has completed the sale of OneWeb's 50% share in the Airbus OneWeb Satellites joint venture (AOS). This development marks a crucial step in Eutelsat's strategic management of its assets, aiming at portfolio optimization and debt reduction. The stake in Airbus OneWeb Satellites, a Florida-based business responsible for constructing the satellites for the OneWeb First Generatio

Brussels, Belgium (SPX) Jan 30, 2024
In a significant move to bolster the European space sector, the European Commission (EC), the European Investment Bank (EIB), and the European Space Agency (ESA) have announced a collaborative arrangement. This partnership, unveiled at the Space Conference, is set to provide a substantial boost to small and medium-sized enterprises (SMEs) and startups, aiming to enhance Europe's competitive stan

Sydney, Australia (SPX) Jan 30, 2024
The University of South Australia (UniSA) is taking a significant step in bolstering its support for the burgeoning space industry. In a collaborative effort, UniSA's Innovation and Collaboration Centre (ICC) and the Australian Centre for Business Growth (AuCBG) have unveiled a new scaleup pathway for space startups. This initiative builds upon the already established Venture Catalyst Space acce

Madrid, Spain (SPX) Jan 30, 2024
PLD Space has been named the sole contractor in the second phase of a project aimed at developing a Spanish launcher for small satellites. This endeavor, part of the Aerospace Strategic Project for Economic Recovery and Transformation (PERTE), carries a significant tender value of 40.5 million euros. The awarding of this contract to PLD Space follows a comprehensive evaluation by the Contr

Sydney, Australia (SPX) Jan 26, 2024
Researchers from the China Meteorological Administration have achieved a significant milestone in Earth observation with the successful deployment of the FengYun 3G (FY-3G) satellite, a novel technology designed to collect detailed precipitation data from space. This satellite represents the first of two planned missions aimed at improving our understanding of global precipitation patterns, incl

Los Angeles CA (SPX) Jan 30, 2024
ClearSpace and Orbit Fab has unveiled a comprehensive strategic partnership that is aiming to significantly advance in-space refueling and servicing capabilities which will crucual for a sustainable space economy to develop and grow.s Under and MoU agreement, Orbit Fab and ClearSpace are committed to developing critical technologies. This initiative builds upon their prior collaborative ef

Los Angeles CA (SPX) Jan 30, 2024
Zeno Power has recently announced a strategic partnership with Westinghouse Electric Company, a significant move in the pursuit of advancing radioisotope power systems (RPSs). This collaboration is set to transform the way RPSs are fabricated, leveraging Westinghouse Electric's extensive experience in handling radioisotope materials. b>Westinghouse Electric to Process Radioisotopes for Ze

Los Angeles CA (SPX) Jan 30, 2024
Sidus Space, Inc. (Nasdaq: SIDU), a Space and Data-as-a-Service developer, has announced pricing for its underwritten public offering. The company is offering 1,251,700 shares of its Class A common stock. This offering also includes the option of pre-funded warrants in lieu of the common stock. Each unit, whether it is a share of common stock or a pre-funded warrant, has been priced at $4.50. Th

Los Angeles CA (SPX) Jan 30, 2024
In a significant advancement for space communication technology, TNO has reported the successful testing and commissioning of its compact laser satellite communication terminal, CubeCAT. This milestone not only validates TNO's innovative approach in laser technology but also establishes a robust space flight heritage for the technology at the core of FSO Instruments' product lineup. Laser

Los Angeles CA (SPX) Jan 30, 2024
Redwire Corporation has announced a strategic maneuver to extend its in-space manufacturing technology. This development involves the launch of the first pathfinder mission for its autonomous semiconductor manufacturing platform, known as MSTIC. The MSTIC platform is scheduled to be sent to the International Space Station (ISS) on Northrop Grumman's upcoming 20th cargo resupply mission (NG-20).