Advanced Television

Space

Mynaric raises extra cash

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 […]

October 2, 2023By Chris Forrester

Research: $8bn invested in space start-ups

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. […]

September 29, 2023By Chris Forrester

Report: Lunar ambitions boost space exploration funding

Lunar exploration is the catalyst behind an unprecedented surge in the space exploration sector which saw global government investment rise to $26 billion (€25.4bn) during 2023. Ambitious lunar missions are projected to boost investment to nearly $33 billion by 2032, a growth trajectory which underscores lunar exploration’s pivotal role in shaping the future of space […]

September 29, 2023

Rivada, Artel link for US military contract

Virginia-based Artel, a provider of secure network communication services to US government agencies, has been awarded a contract from the US Space Force and is partnering with Rivada Space Networks to provide the next generation network critical to support US Government communications. Artel is a carrier-agnostic network integrator – which it says allows it to […]

September 29, 2023By Chris Forrester

Sierra Space raises extra $290m

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 […]

September 28, 2023By Chris Forrester

Starlink’s laser craft update

A SpaceX rocket has successfully placed into orbit another batch of its Starlink satellites, and again equipped with inter-satellite laser links. Starlink says its satellites are able to connect thousands of kilometres apart, beyond the view of ground stations, and maintain pointing accuracy to enable data transfer up to 100 Gbps on each link. The […]

September 28, 2023

ESPI launches Europe in Space vision

The European Space Policy Institute (ESPI), Europe’s independent Think Tank for Space, has presented ESPI-2040 – Space for Prosperity, Peace and Future Generations, a bold policy vision for Europe in space in the coming decades. ESPI-2040, advocates for Europe as a strong partner in space for the world. It outlines how space can provide solutions […]

September 26, 2023By Chris Forrester

AST SpaceMobile achieves space-based 5G connectivity

AST SpaceMobile, a company building space-based cellular broadband network accessible directly by standard mobile phones, has announced another unprecedented leap in telecommunications by successfully making the first-ever 5G connection for voice and data between an everyday, unmodified smartphone and a satellite in space. Company engineers demonstrated space-based 5G connectivity by placing a call from Maui, […]

September 20, 2023

Virgin Galactic 04 flight scheduled

Space tourism business Virgin Galactic launched its Galactic 03 flight successfully on September 8th and says that its next flight, Galactic 04, will take place early in October. Galactic 03 was the company’s fourth successful spaceflight in the past four months and the third flight of Virgin Galactic’s inaugural commercial spaceflight season. The flight followed […]

September 14, 2023By Chris Forrester

QinetiQ wins US space contract

UK-based technology company QinetiQ has won a 5-year contract from the US Space Development Agency. The contract goes to QinetiQ’s US arm based in Virginia. The contract, worth $224 million (€207.3m), is for systems engineering and technical assistance for the Agency’s upcoming mesh network and in particular its Proliferated Warfighter Space Architecture which is itself […]

September 4, 2023By Chris Forrester