Chinese automotive and technology giant Zhejiang Geely Holding Group announced on 3 March 2020 that it is investing 2.27 billion Yuan (US$326 million) in a satellite manufacturing facility to be located in the coastal city of Taizhou, Zhejiang province, considered to be the ‘hometown’ of the company. The satellite manufacturing …
Read More »E2MC Update On Space Financing Rounds In February 2020
By Raphael Roettgen The over US$220 million of announced space-related financing rounds in February 2020 handily beat the January number (US$170 million). Two satellite communication companies, American Astranis (with its $90 million in equity and venture debt) and French Kinéis, were responsible for US$200 million of the total amount. Just …
Read More »Fleet Space Selects Tyvak To Mass-Produce Satellites For Its Low Earth Orbit constellation.
Australian New Space company Fleet Space Technologies has selected Italian aviation and aerosapce firm Tyvak International SRL to mass-produce satellites for its Low Earth Orbit constellation, according to an online statement by Flavia Tata Nardini, Fleet's co-founder and CEO, posted on 21 February 2020.
Read More »India’s Ananth Technologies Signs Deals To Build Six Satellites For Foreign Customers
Aerospace firm Ananth Technologies has signed deals to build six foreign-owned satellites in India, a first for a private firm, leveraging the country's low cost base to attract global customers.
Read More »Intelsat Selects Maxar Technologies To Build Geostationary Communications Satellite
Maxar Technologies has been chosen to manufacture Intelsat 40e, a next-generation geostationary communications satellite scheduled to launch in 2022. Maxar will integrate NASA's Tropospheric Emissions: Monitoring of Pollution (TEMPO) payload with the Intelsat 40e satellite.
Read More »UAE Space Agency Launches Satellite Challenge As Part Of UAE Hackathon 2020
The UAE Space Agency launched a "Satellite Challenge" event as part of “UAE Hackathon 2020 - Data for Happiness and Wellbeing.” During UAE Innovation Month.
Read More »Kazakhstan To Start Its Own Satellite Design And Manufacturing Industrial Base
Kazakhstan has revealed that it intends to stand up and establish its own satellite manufacturing capabilities and industry with the aim of being able to build and launch its own communications and Earth observation satellites, as well as scientific and technological testbed spacecraft.
Read More »Canada’s Kepler Communications To Build Satellites In-House With New Manufacturing Facility
Kepler Communications, a Canadian satellite telecommunications company, is to begin production in its newly commissioned satellite manufacturing facility in Toronto, Canada.
Read More »Iran Preparing To Launch Zafar Earth Observation Satellites
Iran is believed to be preparing to launch two satellites from its Imam Khomeini Satellite Launch Centre over the coming days, according to numerous reports in Iranian and international news media.
Read More »Germany’s OHB System AG Appoints Chiara Pedersoli To Management Board
The Supervisory Board of the German space technology company OHB System AG, a subsidiary of OHB SE, has appointed Chiara Pedersoli to the company’s Management Board effective 1 January 2020
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