The International Astronautical Congress (IAC) to be held in the city of Milan, Italy later this year (October 14th-18th) but its collection of submitted abstracts has already been published. Azerbaijan, which hosted the 2023 event, is in the Top 5 of countries in the world in terms of scientific articles published. It should be noted […]
Spacecraft launch company Astra, which went public in July 2021, is being taken back into private ownership. The company has admitted that the only alternative was to declare bankruptcy. Chris Kemp, CEO, and Adam London, CTO, the joint founders of the business, announced on March 7th that the company would be taken private with existing […]
The European Space Policy Initiative (ESPI), in a major report, says that an increasing number of startups are unable to progress to subsequent funding rounds despite the overall growth in sector investment. ESPI pointed to potential challenges in the scalability and sustainability of these startups, and asked for both public and private sectors, which entity […]
Boca Raton-based Terran Orbital says it has been awarded a $15.2 million (€13.9m) contract to supply its Ambassador Class satellite platforms complete with solar arrays and support equipment to the US Air Force Research Laboratory AFRL. The contract, managed through Axient Corp, will integrate payloads onto these space vehicle platforms to support specific US Space […]
A rescue satellite is being moved from coverage of Alaska to serve a Middle East operator. The Astranis craft had plans to beam broadband to Alaska but cut short by a solar array issue and is now on is on its way to a geostationary position over Asia for a very different mission. Astranis will […]
2023 was not a stellar year for the space insurance market. The second half of the year saw losses totalling $826 million (€764.9m) according to analysts and the year’s total claimed losses will be around $1.2 – $1.3 billion. More than 85 per cent of those losses, including those from Viasat-3 and Inmarsat 6-F2, stemmed […]
Airbus last week announced its financials for 2023, but one major segment stood out which was a massive €600 million ‘write down’ in costs set against its development of its OneSat software defined satellite. The craft has suffered delays, cost increases and a consequential damaging reassessment of its market prospects. Airbus has reported that it […]
It is always fun going back a few years and Pierre Lionnet, director of research at ASD Eurospace, has done exactly that and gone back to Federal Aviation Administration’s (FAA) forecasts for the space industry as they saw things in 2015. Lionnet is too polite to say the forecasts were rubbish, but points out that […]
Go Button Media has announced a partnership with ZDF Studios. The German producer/distributor has commissioned its first major factual series from the Canadian indie and will also be responsible for its global distribution (excluding Canada). Go Button will also be continuing its successful partnership with Canadian broadcaster Super Channel on this series. Into the Universe: […]
Euroconsult, the strategy consulting and market intelligence firm specialised in the space sector and satellite-enabled verticals, has launched its latest white paper, Beyond the Stars: The Middle East’s Space Ecosystem on the Move. The analysis reveals the significant growth potential of the Middle East’s space sector, projecting a monumental surge to $75 billion (€68.4bn) by […]