SpaceWatch.Global An independent perspective on space

Primo Space Fund has announced two new deals: Lithium Lasers and Ecosmic, investing about €2,6 million across both deals. This round of investments brings Primo Space Fund’s portfolio to fourteen companies. Lithium Lasers S.r.l., an Italian startup, developed a USPL called FemtoFlash for material processing, biophotonics and non-linear optics applications in several industries, and is particularly useful when dimensional accuracy and tighter tolerances are necessary.

For SpaceWatchers, it doesn’t come as a surprise that Thailand has manifested several of its space ambitions. SWGL has covered the last decade of the country’s space developments at the government and private sector levels. So, when in early April 2024, Thailand became the latest country to join the China-led International Lunar Research Station (ILRS) program,  SWGL assessed it as a significant development in the context of Thailand’s space ambitions. But that needs to be put in perspective. What are the short and long term implications? Let’s find out.

In the last decade, space weather has become the subject of serious consideration in the scientific community and global scientific organizations. Solar activity plays an important role in both space operations and terrestrial infrastructure. Flares, storms, and coronal mass ejections are all manifestations of solar activity that can affect the operation of satellites, navigation, surveillance, radio communications, and other important structures. As a consequence, there is a need for a reliable and independent ecosystem for monitoring and forecasting solar weather. Today, the European space sector faces the challenge of creating infrastructure capable of competing with existing international initiatives.

Primo Space Fund has announced two new deals: Lithium Lasers and Ecosmic, investing about €2,6 million across both deals. This round of investments brings Primo Space Fund’s portfolio to fourteen companies. Lithium Lasers S.r.l., an Italian startup, developed a USPL called FemtoFlash for material processing, biophotonics and non-linear optics applications in several industries, and is particularly useful when dimensional accuracy and tighter tolerances are necessary.