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D-Orbit and $1.2 billion SPAC merger falls apart

D-Orbit and $1.2 billion SPAC merger falls apart

by Farah Ghouri | Aug 18, 2022 | Finance, Satellites

Italian satellite delivery company D-Orbit and Breeze Holdings Acquisition Corp, a special purpose acquisition company (SPAC), have cancelled a planned merger. D-Orbit initially announced its plans for a merger with the SPAC in January. The deal valued D-Orbit at...
Eutelsat and OneWeb sign US$3.4 billion merger deal

Eutelsat and OneWeb sign US$3.4 billion merger deal

by Farah Ghouri | Jul 26, 2022 | China, Constellation, Finance, India, SpaceX

French satellite operator Eutelsat and UK government part-owned OneWeb have signed a merger deal that values the latter at US$3.4 billion. The acquisition by Eutelsat will see the creation of a new company to compete in the commercial space race with Elon Musk’s...
Fundraising continues internationally for newspace companies

Fundraising continues internationally for newspace companies

by Matt Wilson | May 31, 2022 | Finance, Satellites, Seradata News

Astrocast/Hiber Swiss satellite-IoT provider Astrocast SA revealed plans on 30 May to purchase European compatriot and fellow IoT services provider Hiber Global, of the Netherlands. Astrocast is currently working towards a second IPO, on the Euronext Growth Paris...
Capella Space scores US$97 million in Series C funding as demand for SAR satellite tech grows

Capella Space scores US$97 million in Series C funding as demand for SAR satellite tech grows

by Farah Ghouri | Apr 27, 2022 | Finance, Satellites, Seradata News

Earth observation start up Capella Space has secured US$97 million in its latest Series C fundraising round. According to the newspace company, the new money will be put towards growing its satellite imagery and analytics services after it saw an...
Newspace fundraising for Pixxel and Synspective in March

Newspace fundraising for Pixxel and Synspective in March

by Matt Wilson | Apr 1, 2022 | Finance, Seradata News

Pixxel Space an Indian newspace company announced the closing of a Series A funding round on 28 March. This raised US$25m and included Seraphim Space Investment as a participant. Also in March Synspective Inc, Japan, reported that it had completed a Series B round of...
Greg Wyler’s new constellation project secures seed funding and launch for first demo sats

Greg Wyler’s new constellation project secures seed funding and launch for first demo sats

by Matt Wilson | Mar 29, 2022 | commercial launch services, Constellation, Finance, Satellites, Seradata News

Noted space industry entrepreneur Greg Wyler (whose track record in this field includes founding the O3b and OneWeb projects) has secured seed funding of US$50 million for his next constellation aimed at bridging the digital divide. E-Space, of which Wyler is Founder...
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