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Newspace sees action as Aerial & Maritime is shutdown, Predasar finishes early financing & RapidEye is finally retired

Newspace sees action as Aerial & Maritime is shutdown, Predasar finishes early financing & RapidEye is finally retired

by Matt Wilson | Jun 26, 2020 | Finance, History, Satellites, Seradata News

European CubeSat and satellite component manufacturer GomSpace, has shut-down its fledgling Aerial & Maritime business. This news came from an announcement by the company on 16 June 2020. Aerial & Maritime Ltd. was formed in 2016 by an agreement between...
Sale completed of rideshare launch arranger Spaceflight Inc to Japanese companies

Sale completed of rideshare launch arranger Spaceflight Inc to Japanese companies

by Matt Wilson | Jun 17, 2020 | commercial launch services, Finance, History, Seradata News

The previously announced sale of Spaceflight Inc – the rideshare organising part of Spaceflight Industries – to a partnership of two Japanese companies has been completed. The buyers are Mitsui & Co and Yamasa Co. Both companies will hold 50 per cent of...
Bumper crop for US satellite manufacturers with six Intelsat orders and four from SES as other nations also see GEO upturn

Bumper crop for US satellite manufacturers with six Intelsat orders and four from SES as other nations also see GEO upturn

by Matt Wilson | Jun 17, 2020 | Finance, Satellites, Seradata News

Intelsat, the global satellite operator undergoing Chapter 11 proceedings in the USA, confirmed on 15 June that it had ordered six new GEO satellites from American manufacturers. These are broken down into four satellites ordered from Maxar and two from Northrop...
Orbital debris removal company Astroscale to buy satellite life extension firm Effective Space

Orbital debris removal company Astroscale to buy satellite life extension firm Effective Space

by Matt Wilson | Jun 12, 2020 | Finance, Seradata News, Technology

Astroscale Holdings, Japan, announced on 3 June 2020, that their American subsidiary, Astroscale US Inc., had entered into an agreement to purchase Israeli company Effective Space. Astroscale is a newspace company formed in 2013, to develop orbital debris mitigation...
FCC C-band clearing payments unlocked after SES and Intelsat commit to the accelerated process

FCC C-band clearing payments unlocked after SES and Intelsat commit to the accelerated process

by Matt Wilson | May 28, 2020 | Finance, Seradata News

Not to be out-done by fellow satellite operator SES, Intelsat also submitted their commitment to the accelerated C-band clearing process to the FCC on 26 May 2020, (before the 29 May deadline). With the confirmation that both SES and Intelsat (accounting for 91 per...
Intelsat files for Chapter 11 to help it secure US$4.87 billion in FCC C-band compensation…hints at identity of Maxar multi-satellite orderer

Intelsat files for Chapter 11 to help it secure US$4.87 billion in FCC C-band compensation…hints at identity of Maxar multi-satellite orderer

by Matt Wilson | May 14, 2020 | Finance, History, Seradata News

Intelsat, one of the primary FSS operators globally, announced on 13 May that it had entered into Chapter 11 bankruptcy protection via a Court in the USA. The company described the move as a “financial restructuring” process. This new status, which protects the...
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