Seraphim Space investment trust manager sells assets to itself to unlock value Investment trusts Seraphim Space investment trust has sold its stake in all nine of its early stage companies to a new venture capital fund managed by Seraphim.
If space is the ultimate frontier how do you explain all the rubbish? Michael Mainelli There is a huge risk literally hanging over us, with over 1m pieces of junk orbiting earth. London can be at the forefront of helping clean it up says Michael Mainelli A new space age has dawned, one that’s increasingly led by the private sector, whether that be Starlink, Virgin Galactic, or Blue Origin, as [...]
Odysseus Moon lander may have tipped sideways but is ‘stable’ Space Lunar lander Odysseus, which became the first privately owned spacecraft to land on the Moon, is “stable” and is likely lying on its side with its head resting against a rock. Intuitive Machines’ Nova-C Odysseus lander, a private spacecraft, touched down in the Moon’s south pole region at 11.23pm UK time on Thursday. Steve Altemus, [...]
US lands on moon for first time in 52 years with spacecraft the size of a red phone box February 23, 2024 Intuitive Machines’s Nova-C Odysseus lander touched down on the Moon at 23.23pm UK time on Thursday.
Bezos chases Musk: Amazon to launch first satellites into space in global internet mission October 6, 2023 Amazon is set to launch its first satellites into space as part of a mission to bring fast internet connection to all corners of the globe. The multinational technology giant will launch two test satellites from a space station in Florida on Friday afternoon. It is part of mission, called Project Kuiper, to bring fast [...]
SpaceX Starship: Elon Musk owned rocket – the biggest and most powerful ever – explodes minutes after take off April 20, 2023 SpaceX’s Starship – the biggest and most powerful space rocket ever developed – has exploded minutes after blasting off. The launch, which took place from SpaceX’s Starbase in the US state of Texas, came after a stuck valve forced a launch attempt on Monday to be aborted. While Thursday’s launch saw the rocket leave the [...]
Has Branson’s satellite dream been grounded? Virgin Orbit files for bankruptcy in the US April 4, 2023 Sir Richard Branson’s satellite launch firm Virgin Orbit has filed for Chapter 11 bankruptcy in the US after failing to secure rescue funding. It comes after a Virgin Orbit rocket failed to complete the first satellite launch from UK soil in January. On Tuesday, the business lodged a filing with the US Bankruptcy Court for [...]
Virgin Orbit shares crash back to earth after failed Cornwall space launch January 10, 2023 Virgin Orbit shares have come plummeting back to earth after its much-anticipated UK space launch failed last night. Shares for the Richard Branson-headed company dropped by 23 per cent on NASDAQ pre-trading and were trading down around 16 per cent this afternoon. It comes after the Virgin Orbit rocket, the first launch from UK soil, [...]
Crash landing in sea: British space firm’s Iceland rocket launch ends in failure October 13, 2022 A British space company’s attempted rocket launch off the coast of Iceland ended in failure, with the projectile travelling just 500 metres before crashing into the sea. Rival to Elon Musk’s SpaceX firm, Skyrora held an unannounced launch of its Suborbital Skylark L rocket today, ahead of a full UK launch from next year. The [...]
UK’s space industry costs average taxpayer just £1 a year August 17, 2022 The Government’s investment in the country’s burgeoning space sector costs the average taxpayer just £1 a year, according to a UK Space Agency (UKSA) lead today. Speaking to BBC Breakfast about how the UK’s space ambitions fit into cost of living concerns, exploration science manager at (UKSA) Libby Jackson explained that the Government’s current investment [...]