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Satellite 2022: SpaceX raises prices in wake of inflation and falls out with launch arranger Spaceflight

Satellite 2022: SpaceX raises prices in wake of inflation and falls out with launch arranger Spaceflight

by Matt Wilson | Mar 24, 2022 | Constellation, Finance, Seradata News, SpaceX

While SpaceX representatives were speaking at the Satellite 2022 conference, Washington DC on 22 March, the company was also telling customers that it was raising the price of some services to combat inflation. Most pertinent to those in the space industry is the...
Russian invasion of Ukraine makes Russian satellites very difficult to insure fully (Updated)

Russian invasion of Ukraine makes Russian satellites very difficult to insure fully (Updated)

by David Todd | Mar 10, 2022 | Finance, Military space, Russia, Satellites, Seradata News, Space Insurance

The Russian government’s official policy on its invasion of Ukraine – and its lack of success – seems to be “Don’t mention the War!”. Yet despite media restrictions most of Russia’s public realises that something is going on. Most obviously, Western commercial...
Lockheed Martin invests in prospective British satellite operator Satellite Vu

Lockheed Martin invests in prospective British satellite operator Satellite Vu

by Matt Wilson | Mar 9, 2022 | Finance, Seradata News

British start-up Earth Observation (EO) company Satellite Vu has closed another phase of its Series A financing, bringing its total funds raised to GBP£20 million (US$27.5 million). As part of this second phase the company has also attracted interest from some bigger...
Terran Orbital receives three-sat order from Lockheed ahead of public listing

Terran Orbital receives three-sat order from Lockheed ahead of public listing

by Matt Wilson | Mar 1, 2022 | Finance, Military space, Satellites, Seradata News

Lockheed Martin contracted with Terran Orbital to provide it with three microsatellites “in support of product demonstration” on 17 February. Terran Orbital is to be responsible for providing the satellites, launch procurement, integration and operations....
Globalstar awakens to order 17 new satellites from Canadian MDA Corp, Rocket Lab to act as sub-contractor

Globalstar awakens to order 17 new satellites from Canadian MDA Corp, Rocket Lab to act as sub-contractor

by Matt Wilson | Feb 25, 2022 | Constellation, Finance, Satellites, Seradata News

Globalstar, one of the original LEO constellation operators, has ordered 17 new satellites – the first such activity in a decade. On 24 February, the US operator contracted with recently independent Canadian manufacturer MDA Corp for the new satellites to ensure...
Lockheed Martin ends attempt to purchase Aerojet Rocketdyne

Lockheed Martin ends attempt to purchase Aerojet Rocketdyne

by Matt Wilson | Feb 18, 2022 | Finance, Seradata News

American aerospace and defence mainstay Lockheed Martin has stopped its planned purchase of Aerojet Rocketdyne, as announced on 13 February. Lockheed proposed its purchase of its fellow industry participant in December 2020 but ran into issues concerning...
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