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The newspace SPAC craze continues with established players Rocket Lab and Spire Global going public

The newspace SPAC craze continues with established players Rocket Lab and Spire Global going public

by Matt Wilson | Mar 1, 2021 | Finance, Seradata News, Technology

Rocket Lab announced on 1 March 2021 that it plans to merge with Vector Acquisition Corporation, a SPAC (Special-purpose acquisition company) to become listed on the NASDAQ. The deal is expected to close in “Q2 2021” and has valued the company at US$4.1...
After a long process Telesat selects Thales Alenia Space to build its newly christened Lightspeed constellation

After a long process Telesat selects Thales Alenia Space to build its newly christened Lightspeed constellation

by Matt Wilson | Feb 9, 2021 | Constellation, Finance, Satellites, Seradata News

Canadian FSS operator Telesat took one of the final steps towards the establishment of its long-planned LEO constellation on 9 February. It announced who it had selected to build its constellation as well as revealing its new name, Telesat Lightspeed. The multi-year...
OneWeb aims to “streamline” future constellation from 48,000 to 6,000 sats and announces further funding

OneWeb aims to “streamline” future constellation from 48,000 to 6,000 sats and announces further funding

by Matt Wilson | Jan 15, 2021 | Constellation, Finance, Seradata News

In a surge of activity, OneWeb – recently purchased by British/Indian interests – has applied to the US FCC for a “minor” amendment to its Phase 2 constellation proposal involving a considerable reduction in its planned number of satellites. In addition to this, on 15...
After negotiations Intelsat places order for two Airbus OneSat satellites

After negotiations Intelsat places order for two Airbus OneSat satellites

by Matt Wilson | Jan 5, 2021 | Finance, Satellites, Seradata News

Peter B. de Selding (spaceintelreport.com) has revealed that after initially wanting three units in November 2020, Intelsat has had to place an order for two satellites from Airbus DS. This renegotiated order was placed on 31 December after its Creditors would not...
Lockheed Martin announces intention to acquire Aerojet Rocketdyne for US$4.4 billion

Lockheed Martin announces intention to acquire Aerojet Rocketdyne for US$4.4 billion

by Matt Wilson | Dec 21, 2020 | Finance, Military space, Seradata News

One of the giant American aerospace companies, Lockheed Martin, has announced its intention to buy US rocket engine manufacturer Aerojet Rocketdyne. The transaction is valued at US$4.4 billion. A purchase of Aerojet by Lockheed will expand its offering in munitions,...
UK-based future launch provider Orbex secures a further round of financing

UK-based future launch provider Orbex secures a further round of financing

by Matt Wilson | Dec 10, 2020 | commercial launch services, Finance, Seradata News

Orbex has announced the finalisation of a second round of funding. Orbex is a prospective launch provider based in Scotland, planning to build and launch a light launch vehicle from the region. The announcement on 10 December disclosed the US$24 million raised and...
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