Advanced Television

Space

Luxembourg backs Virgin Orbit

Luxembourg is a satellite-friendly nation. The country is already the home of SES and the formal domicile of Intelsat. Luxembourg has now signed a Letter of Intent with Virgin Orbit to help bring Virgin’s air-launch business to the country. Luxembourg’s deputy Prime Minister and Minister of Defence, François Bausch and Virgin Orbit signed a Letter […]

October 20, 2022

Seraphim Space hurt by investment values

The Seraphim Space Investment Trust, which has its cash invested in dozens of space-related businesses, has seen the value of its holdings dramatically reduced in its latest disclosure. While it reported a 36.7 per cent increase in the values of the 26 businesses that it is participating in (to £239.3 million) in the year to […]

October 19, 2022

OneWeb joins The Earth & Space Sustainability Initiative board

OneWeb has announced it will join the Board of Directors of The Earth & Space Sustainability Initiative to establish the first-ever industry-led kitemark, dedicated to responsible space practices. Maurizio Vanotti, Vice President of Global New Markets at OneWeb, will represent the company on the inaugural Board of Directors for the Institute. The Earth & Space […]

October 11, 2022

ClearSpace wins clean-up UK contract

In October 2021, the UK Space Agency (UKSA) commissioned the ClearSpace UK-based subsidiary to perform a feasibility study for a mission to remove at least two UK-registered derelict objects from low Earth orbit (LEO). In this study, the team explored different mission scenarios, defined the mission and system requirements and selected the technologies necessary for the […]

September 26, 2022

Space Sustainability Roadmap published

Scotland’s space sector has declared its commitment to reducing its impact on the environment through the publication of a new sustainable space roadmap, claiming it as a first of its kind. The roadmap sets out the steps needed to achieve the long-term goals of Scottish space missions, which are to be space debris neutral, zero […]

September 7, 2022

D-Orbit backs out of Breeze merger

Satellite business D-Orbit has terminated plans to merge with a US-based special purpose acquisition company (SPAC) in the form of Breeze Holdings. The pair say the decision was reached mutually. “Since this agreement was first announced in January, financial markets have changed substantially, and it is clear that the merger agreement is no longer viable […]

August 16, 2022By Chris Forrester

Space Tug heads for launch

Washington State-based Spaceflight Industries’ subsidiary Andrews Space is readying its Shrpa so-called Space Tug, or satellite orbital recovery craft. Its latest version (Sherpa LTC-2) is a chemically powered satellite and was delivered on August 10th to SpaceX’s facility at Cape Canaveral in Florida ahead of a launch in September. The craft had already been delivered […]

August 15, 2022By Chris Forrester

ISRO earns huge Forex revenues

India’s State Research Organisation (ISRO) earned a record $279 million (€273.7m) in valuable foreign exchange as a result of its rocket and space activity. Minister Jitendra Singh told parliament that ISRO had successfully launched 345 foreign satellites from 34 countries. ISRO works though a commercial division, New Space India, which looks after cash-generating activity for […]

July 28, 2022By Chris Forrester

Report: Space economy worth $368bn

Virginia-based Bryce Tech, in its latest State of the Satellite Industry Report, says that the overall global space economy was worth $368 billion (€359.4bn) at the end of 2021. The launch industry itself, while valuable, is said by Bryce to be valued at just $5.7 billion, while consumer-based satellite services are worth over $118 billion. […]

July 19, 2022By Chris Forrester

Putin fires Roscosmos boss

Dmitry Rogozin, head of Russia’s Roscosmos space agency has been fired. The Kremlin issued a decree on July 15th saying his position had been terminated, effective immediately. Rogozin’s replacement is Yuri Borisov, a former deputy prime minister whohas followed a very similar path to Roscosmos as Rogozin with his demotion. Both men served as deputy […]

July 18, 2022By Chris Forrester