Terran Orbital held a virtual Town Hall meeting for shareholders on October 26th in an attempt to quell dissent amongst certain shareholders. The event provided some key news, not all of it positive, but its share price recovered a little to 84 cents (€0.80). Last week, the share were trading at about 64 cents. Marc […]
S4C’s International’s inaugural Commercial Content Fund is up and running, and actively looking for projects and partners in Wales and Internationally. The fund was set up to support projects that are ambitious and appealing to international audiences. The aim is to share Wales’ unique culture and storytelling capabilities with the world whilst providing a boost to the creative […]
Italian largest bank, Intesa Sanpaolo, has announced that it intends to invest in Elon Musk’s SpaceX rocket business. The bank is Italy’s largest. Intesa Sanpaolo said in a press release that the move is in line with the bank’s business plan for 2022-2025. In the plan, innovation represents one of the most important aspects of […]
Germany-based Mynaric, which manufactures sophisticated laser technology for use in satellites, is raising cash by selling up to 20 million American Depositary Shares (ADS) equal to 5 million of the company’s ordinary shares. Dated September 29th, the offer says that the ADS value is currently $4.80 according to their listing on Nasdaq. Mynaric’s German ordinary […]
Sky Sports has announced partnerships with ten content creators selected for the New Focus Fund, a new project launched through a selection process in July, designed to uncover fresh talent in sports content creation. The successful finalists are Beno Obano; Damilola Oluokun; Danielle Sellwood; Geoff Small; Michael Gunning; Mordecai Attoh; Nelson Adeosun in a creative […]
The European Commission’s first report on the State of the Digital Decade provides a comprehensive look at progress towards achieving the digital transformation to empower a more digitally sovereign, resilient, and competitive EU. It includes an assessment of the EU’s performance towards Europe’s 2030 objectives and targets focusing on four main pillars: digital skills, digital […]
Analysts at research consultancy BryceTech say that investment in commercial space ventures attracted about $8 billion (€7.5bn) in 2022. Bryce says that this investment was in the form of 154 deals, involving more than 400 investors, in 123 companies based in 20+ countries. For eight of these companies, 2022 saw their first publicly announced funding. […]
The UK Space Agency has announced up to £65 million (€75.2m) of funding for innovations that could boost UK leadership in space technologies and applications. The National Space Innovation Programme (NSIP) will support high-risk, high-reward projects designed by British organisations with the potential to accelerate the development of new space technologies, satellite applications, and services. […]
Sierra Space, based in Colorado, has raised $290 million in Series B funding and which takes its overall funding to $1.7 billion (€1.6bn) – and takes the valuation of the business to $5.3 billion. The overall cash raised is stated as “the largest ever capital raise by a commercial space company over the combined Series […]
French billionaire businessman Xavier Niel is investing €200 million in AI, split between a future research lab to be located in Paris, cloud supercomputing capabilities powered by Nvidia Corp. hardware, and funding for startups. The project hopes to lure top French AI engineers — who left to work for big tech firms — back to […]