Greg Wyler’s new constellation project secures seed funding and launch for first demo sats

by | Mar 29, 2022 | commercial launch services, Constellation, Finance, Satellites, Seradata News

Noted space industry entrepreneur Greg Wyler (whose track record in this field includes founding the O3b and OneWeb projects) has secured seed funding of US$50 million for his next constellation aimed at bridging the digital divide. E-Space, of which Wyler is Founder and Chairman, announced its funding in February. The project is working with the Government of Rwanda which has secured the rights to a over 300,000 strong constellation to “democratize space”. 

This constellation is intended to provide global communications services but with the idea of “space sustainability” at the core of the project. To this end E-Space intends to build its satellites entirely inhouse to help ensure the “100% demise” of its spacecraft upon Earth re-entry. The company is not expecting “mass production” of its satellites until 2023.

 

Later on the company announced that using some of its newly raised funding it had contracted with Rocket Lab to launch its first three demonstration satellites in Q2 2022, on 21 March. These spacecraft will reportedly be included on a rideshare mission Rocket Lab is planning in that timeframe. In E-Space terminology it refers to this mission as “Beta 1”. The company states that it is planning a second launch, “Beta 2” later in the year. It is unclear how many satellites will be part of this second mission or whether Rocket Lab will be launching this too. 

About Seradata

Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to www.seradata.com/spacetrak

Related Articles

SpaceX Falcon 9 launches Starlink Group 5-2

On 26 January 2023, at 0932 GMT, a Falcon 9v1.2FT Block 5 successfully launched 56 Starlink Gen2 satellites from Space Read more

Tianwen 1 mission’s Zhurong-1 Mars rover may have expired in its sleep

SpaceNews reports (quoting the South China Morning Post) that the Zhurong 1 Mars rover as part of the Tianwen 1 Read more

Japan completes its first launch of the year of the radar reconnaissance satellite IGS RADAR-7

Kicking off its launch year, Japan has placed a radar reconnaissance satellite into near-500 km sun-synchronous low Earth orbit (LEO). Read more

Tom Cruise may have saved cinema industry with Top Gun-Maverick but he has even higher movie plans with space station studio module now ordered

While action film actor Tom Cruise has his detractors, you cannot say he is not successful. Recently starring in the Read more

Rocket Lab’s Electron KS rocket performs another successful launch – this time from the US East Coast

After another day's delay due to bad weather, a Rocket Lab Electron KS rocket successfully launched three 30 kg Hawk Read more

SpaceX Falcon 9 launches Starlink Group 2-4 from Vandenberg

At 1543 GMT on 19 January a SpaceX Falcon 9v1.2FT Block 5 rocket conducted its first Starlink mission of 2023. Read more

SpaceX deploys GPS satellite for US Space Force

SpaceX successfully launched a Falcon 9v1.2FT Block 5 from Cape Canaveral, USA at 1224 GMT on 18 January.  The vehicle Read more

Categories

Archives