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Isar Aerospace raises US$165 million as it readies for Spectrum maiden launch

Isar Aerospace raises US$165 million as it readies for Spectrum maiden launch

by Farah Ghouri | Mar 29, 2023 | commercial launch services, Finance

German satellite launch company Isar Aerospace has raised US$165 million in a Series C round. The new injection of funds comes at a a fortuitous time for the startup, as it prepares for the inaugural flight of its launch vehicle Spectrum in the second half of 2023....
Italian government gives Vega C vote of confidence with a three-launch order for its IRIDE constellation

Italian government gives Vega C vote of confidence with a three-launch order for its IRIDE constellation

by Farah Ghouri | Mar 23, 2023 | commercial launch services, Constellation, ESA, Finance, Satellites

Arianespace has won a contract for up to three Vega C launches for IRIDE, the Italian government’s Earth observation constellation. The European Space Agency (ESA), acting on behalf of the Italian government, signed a contract with the French company for at least two...
SATELLITE 2023: Regional GEO operators talk about LEO constellation threat… not the end of the world yet

SATELLITE 2023: Regional GEO operators talk about LEO constellation threat… not the end of the world yet

by Matt Wilson | Mar 15, 2023 | Constellation, Finance, Seradata News

Seradata Data Manager Matt Wilson dissects how some of the biggest names in regional GEO operators really feel about the rise of low Earth orbit (LEO) constellations The chief execs of the heavyweight regional GEO operators sat down to discuss the advance of low Earth...
Raytheon gets US$250 million contract to build missile-tracking satellites for Space Development Agency

Raytheon gets US$250 million contract to build missile-tracking satellites for Space Development Agency

by Farah Ghouri | Mar 3, 2023 | Constellation, Finance, Military space, Satellites

Raytheon Technologies has secured a contract valued at over US$250 million from the US Space Development Agency (SDA) to build a constellation of seven low Earth orbit (LEO) missile-tracking satellites. The SDA will use the constellation to warn of, track, and target...
Babcock consortium secures £400 million UK military contract beating Airbus and Lockheed Martin

Babcock consortium secures £400 million UK military contract beating Airbus and Lockheed Martin

by Farah Ghouri | Feb 28, 2023 | Finance, Military space, Satellites

British defence company Babcock have won a £400 million contract to manage Skynet, the UK Ministry of Defence’s (MoD) military satellite communications system. Babcock will manage the MoD’s constellation as a consortium along with partners: SES, GovSat and...
Astroscale raises US$76 million for on-orbit servicing

Astroscale raises US$76 million for on-orbit servicing

by Farah Ghouri | Feb 27, 2023 | Finance

Orbital debris removal company Astroscale has raised US$76 million at the close of a Series G fundraising round. The latest boost brings Astroscale’s total funding to US$376 million since the company was set up in 2013.  Based in Japan, Astroscale is developing...
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