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SpaceLink optical data-relay constellation hangs in balance after EOS cuts financial cord

SpaceLink optical data-relay constellation hangs in balance after EOS cuts financial cord

by Farah Ghouri | Nov 10, 2022 | Constellation, Finance, Satellites

US startup SpaceLink may be forced to file for insolvency, after its Australian parent company Electro Optic Systems Holdings (EOS) announced that it would no longer fund the satellite optical data-relay constellation subsidiary. In a statement on 31 October, EOS said...
Multi-launch collaboration between European companies Exotrail and Isar Aerospace

Multi-launch collaboration between European companies Exotrail and Isar Aerospace

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

Prospective French in-space transportation company, Exotrail, has signed an agreement with upcoming German launch provider Isar Aerospace.  The contract covers several launches to low Earth (LEO) and geostationary transfer orbits (GTO) on Isar’s in-development...
SDA awards contracts to Ball Aerospace and York Space Systems

SDA awards contracts to Ball Aerospace and York Space Systems

by Farah Ghouri | Oct 7, 2022 | Finance, Satellites, Seradata News

New space company York Space Systems and Ball Aerospace have each won construction and operation contracts from the Space Development Agency (SDA), an agency within the USA’s Space Force. Colorado based York Space was awarded a US$200 million contract from the...
European connection: Unseenlabs orders six more satellites from GomSpace

European connection: Unseenlabs orders six more satellites from GomSpace

by Farah Ghouri | Sep 28, 2022 | commercial launch services, Finance, Satellites, Seradata News

French new-space company Unseenlabs has ordered another six 6U-CubeSats from nanosatellite manufacturer and operator GomSpace, to expand its growing fleet. The six new satellites, which will be modelled on an upgraded platform jointly developed with Unseenlabs, will...
August newspace fundraising in the USA and China

August newspace fundraising in the USA and China

by Matt Wilson | Aug 31, 2022 | China, Finance, Seradata News

Fundraising in the world of newspace has continued for companies in the USA and China during August. Xona Space Systems American newspace company Xona Space Systems (Xona) announced that it had completed a round of fundraising on 3 August. The company raised...
D-Orbit and $1.2 billion SPAC merger falls apart

D-Orbit and $1.2 billion SPAC merger falls apart

by Farah Ghouri | Aug 18, 2022 | Finance, Satellites

Italian satellite delivery company D-Orbit and Breeze Holdings Acquisition Corp, a special purpose acquisition company (SPAC), have cancelled a planned merger. D-Orbit initially announced its plans for a merger with the SPAC in January. The deal valued D-Orbit at...
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