Australia’s Southern Launch and the Koonibba Community Aboriginal Corp have combined for a new space launch facility at the Koonibba Test Range in South Australia. Planning consent has been granted for the development. Koonibba is about 586 kms northwest of state capital Adelaide. The Test Range was established in 2019 and is surrounded by an […]
UK-based Seraphim Space says it will buy back some of its own shares. It also says that 11 of the companies it has invested in have completed their fund-raising rounds. Seraphim hasn’t said how big its buy-back will be except to say that it wouldn’t use all of its current permission to buy back up […]
Space advisory firm, Euroconsult, has announced a major process of evolution for the group and its shareholders, as the company seeks to enable and drive forward its next decade of success via a fully integrated operational structure. Since its establishment in 1983 Euroconsult has been at the heart of the space sector, providing strategic decision-making […]
India’s Space Research Organisation (ISRO) is to transfer its Small Satellite Launch Vehicle (SSLV) rocket launcher to the private sector. ISRO already has a commercial arm (NewSpace India) which took over responsibility for selling access to space in March 2019 and selling services to non-India clients. NewSpace India, wholly government owned, took over responsibility from […]
Germany’s government has dramatically cut the amount of money in its 2024 budget going to support Europe’s space industries. The numbers are: National Space Programme: Was €371 million. New budget €313 million. Contribution to ESA for IRIS2: Was €189 million. New budget €70 million. There are also reports that further cuts may come to Germany’s […]
Seraphim Space, the global space investment company, has announced it is supporting 100 space companies with equity funding. In 2016 Seraphim launched a venture fund focused on space, followed by a dedicated SpaceTech Accelerator in 2017 (now on its 11th cohort). Following an oversubscribed IPO of £250 million in 2021 the first publicly listed growth […]
Virgin Galactic will re-start commercial flights before the end of June. Its first mission, dubbed ‘Galactic 01’, and the first commercial flight of its SpaceShipTwo suborbital vehicle will happen between June 27th-30th on a scientific mission for the Italian Air Force. SpaceShipTwo will fly from Spaceport America in New Mexico. It will carry three people […]
Sweden’s Space Corp (SSC) and the Swedish Royal Institute of Technology have signed a Letter of Intent (LoI) with the government of Colombia regarding joint space activities. The aim includes the establishment of a Colombia Space Agency. The agreement aims to strengthen Colombia’s ambitions to develop its national space program, with the help of Swedish […]
Strategy consulting and market intelligence firm, Euroconsult, has launched its new Financing and Transactions Database, which aims to equip investors, governments and wider stakeholders with the means of tracking space financing flows, active players (investors and funding recipients) and business models via a comprehensive dashboard. The value for those accessing the data platform will include […]
Boeing’s aerospace division is being sued for alleged theft of IP concerning the counterfeiting of highly specialised tools used on NASA projects. The action comes from Colorado-based Wilson Aerospace which is suing Boeing over what Wilson alleges is its ‘Fluid Fitting Torque Device-3’ developed by Wilson, and which Boeing used to attach four main engines […]