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 […]

UBS Switzerland is injecting €26.15 million into fellow-Swiss business SWISSto12 for further development of its HummingSat satellite division. The extra financing will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat HummingSat. SWISSto12 has won a major order for one of its geostationary HummingSat craft from Intelsat (for IS-45) […]

The Digital TV Group (DTG), in partnership with Ateme, Imaginary Pictures, Virgin Media O2 and University of Surrey have successfully secured Government funding to develop a solution to optimise mobile network performance in High Demand Density (HDD) environments such as music festivals, sporting events, and major public gatherings. The 5G ONE4HDD consortium aims to design […]

Karista and Eutelsat Communications have announced a new strategic partnership which will see Eutelsat become a new subscriber to the venture capital (VC) firm’s Spacetech fund. For Eutelsat, the new partnership consolidates its existing close ties with the industry’s start-ups and plays a key role in the development of a vibrant space ecosystem featuring the […]

Figures released by Screen Cornwall show that film and TV production was worth more than £5 million (€5.8m) to the Cornish economy in 2022. The figures are taken from the first economic impact analysis into the Gross Value Added (GVA) of film and TV production in the region that the screen agency has produced since […]

Axiom Space has raised $350 million (€322.9m) in its most recent funding round as it continues to develop a private orbiting space station in a partnership with NASA. The cash, from an array of diverse backers that include deep-tech venture capital funds and strategic brand partners have positioned Axiom Space as second to SpaceX for […]

Consumer research carried out by Ampere Analysis over the last six years has revealed that engagement with public service media (PSM) linear or their Video on Demand (BVoD) services has fallen by 15 per cent in Europe’s largest markets. This is particularly prominent among younger age groups. With PSM navigating a rapidly changing content landscape, […]

Sky has announced Grub Club, Milliways, Ocean Bottle, OceanSaver and UpCircle as the five winners of its Sky Zero Footprint Fund. Now in its third consecutive year, the £2 million advertising fund uses the power of TV advertising to tackle climate change by supporting campaigns that drive behaviour change for a more sustainable world. The five […]