Doubling-down on its investment in LEO-constellation contender OneWeb, Eutelsat has agreed to contribute an additional US$165 million. This transaction will result in Eutelsat owning a 22.9 per cent stake (up from 17.6 per cent) in the company. The French FSS...
In a surprise announcement UK newspace company In-Space Missions has been acquired by multinational defence and aerospace giant BAE Systems. Transaction was announced on 14 September and according to the In-Space Missions press release, is enacted “with...
American company Spire Global, fresh off the back of its SPAC merger in mid-August, has entered into an agreement to purchase Canada-based exactEarth. Both companies provide a space-based, Sat-AIS (Satellite Automatic Identification System) product to the maritime and...
SpaceX was awarded the launch contract for the GOES U weather satellite by NASA on 10 September. A Falcon Heavy rocket will be provided by SpaceX for this launch, planned for April 2024. GOES U is the fourth and last in the current series of GOES (Geostationary...
Launch company Virgin Orbit has joined the growing number of space companies to use a special-purpose acquisition company (SPAC) to fund its future development by merging with NextGen Acquisition Corp II, a SPAC that holds US$383 million in its trust account. The...
Blue Origin’s disagreement with NASA over its failure to win a contract for the Human Landing System (HLS) finally reached its apogee on 13 August when the company filed a suit in the US Court of Federal Claims. The nub of the company’s claim is that NASA failed to...
