Relativity Space, based in Long Beach, Los Angeles, and very much focused on tapping into the latest production techniques, has raised a further $650 million in funding. This means it has now raised some $2.3 billion in the past 5 years. The cash will help support development of ‘Terran R’ which the company describes as […]
US pay-radio operator SiriusXM, helped in the knowledge that its latest satellite is on its way to orbit, is to raise $2 billion in the form of 4 per cent senior notes “subject to market conditions”. The new borrowings will be used to repay all of its outstanding 3.875 per cent Senior Notes due next […]
After a record year in 2020, the first quarter of 2021 has marked a turning point, according to findings from telecoms regulator Arcep, which show that more than half of all Internet access subscriptions as of March 31st 2021 are now to superfast services Arcep’s (Autorité de régulation des communications électroniques et des postes) scoreboard […]
California-based satellite broadband supplier Viasat has filed an objection to the FCC’s granting of $885 million to SpaceX and its Starlink satellite service. The FCC’s Rural Digital Opportunity Fund (RDOF) awarded the sum to SpaceX’s Starlink satellite service in December 2021. The award was part of a massive $9.2 billion granted to successful applicants, and […]
Germany says it is prepared to help its citizens living in rural areas to access better Internet services with subsidies. The government’s Transport Ministry says it will subsidise the purchase of SpaceX’s Starlink satellite dishes and similar providers of wireless Internet connections with grants to households worth €500, business daily Handelsblatt reported. The €500 on […]
UK digital infrastructure provider Openreach has outlined plans to build ultrafast, ultra-reliable Full Fibre broadband to at least three million more homes and businesses in some of the nation’s hardest-to-serve communities – meaning fewer homes and businesses will require taxpayer subsidies to upgrade. The company’s updated build plan will be fundamental to the UK Government […]
While Afrobeats and Nollywood have garnered international attention, Africa’s burgeoning gaming industry is frequently overlooked. The sector has had to overcome key barriers – such as affordability and low penetration of smartphones – but is now poised for unprecedented growth. The industry isn’t just taking internationally-produced games and republishing them in Africa, but is nurturing […]
AnyClip, fuelled by the closing of a new $47 million (€38.3m) investment led by JVP, is positioning itself as The Visual Intelligence Company. The company is introducing the expanded AnyClip platform, saying it is “ushering in a new era in video analytics with the goal of providing businesses the next generation AI tools necessary to […]
A group of UK space tech companies are developing a new beam-hopping satellite designed to allow satellites to switch which part of the world they cover, managing real-time surges in commercial demand or responding to emergencies such as natural disasters, thanks to Government funding. Led by LEO satellite communications network OneWeb, the industrial partners have […]
Some 120 public figures, including many from the UK film and TV industries, have written an open letter to Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport, complaining that a government panel on the future of public service broadcasting meets in secret, with no undertaking to publish its final report. In the […]