Business of Space: Not only doing the hard things, but the ‘right thing’ April 2, 2022 This week Blue Origin creates six more astronauts SpaceX teams up with OneWeb Seraphim Space piles into Pixxel Blue Origin: Space tourists aplenty Jeff Bezos’ Blue Origin successfully completed its fourth tourist flight to space on Thursday, marking the increasing accessibility of space – to the few that can afford it. Bezos, who made his [...]
SpaceX’s Starlink to branch out into Asia, says Filipino trade secretary March 31, 2022 Starlink, the satellite broadband service founded by billionaire entrepreneur Elon Musk, has branched out into the Philippines, according to the country’s trade secretary today. Starlink, part of Musk’s SpaceX, is currently scouting out locations for where its ground terminals will be based, while its business permit application is being processed, trade minister Ramon Lopez said. [...]
Business of Space: Can the relationship with Roscosmos ever be repaired? March 25, 2022 This week: Isotropic Systems on track for first commercial launches Space cooperation between Russia and Europe “destroyed” OneWeb goes on deal-making spree Isotropic Systems Satellite firm Isotropic Systems is on track for its first commercial launches this year, following the final successful round of testing its multi-link satellite tech. The ground terminal provider has developed technology which [...]
When Musk met OneWeb: UK satellite firm teams up with SpaceX March 21, 2022 Taxpayer backed OneWeb has announced it will be teaming up Elon Musk's SpaceX to move forward with satellite launches.
Capital punishment: private sector sanctions in Russia March 21, 2022 The corporate response to Russia’s invasion of Ukraine is representative of a wider shift in the role of the private sector in society. Russia’s invasion of Ukraine is first and foremost a human tragedy and has far-reaching consequences for millions of people. Our thoughts are with those caught in the atrocious situation, those that have [...]
BMW cuts 2022 profit margins as Ukraine war worsens supply chain issues March 16, 2022 BMW announced today it was cutting its 2022 profit margin forecast after the war in Ukraine caused new supply chain disruptions. The automotive maker said its EBIT margin will go down from between 8 and 10 per cent to between 7 and 9 per cent, warning supply chain issues could severely hinder production. Despite engaging [...]
Ukraine-induced surge in raw material costs forces Tesla to increase prices for second time in less than a week March 15, 2022 A war-induced surge in raw material costs has continued to hit the global automotive sector, causing giants such as Tesla to increase prices. The Austin-based car maker was forced today to increase its Chinese and US prices for the second time in a few days, following a surge in the cost of aluminium, palladium and [...]
Ofcom to widen UK satellite regulation as the number of space launches explodes March 15, 2022 The UK’s broadcast and communications regulator is set to embed itself further into the space sector as the increasing number of satellites in orbit calls for a more hawkish watchdog. Ofcom will oversee the radio spectrum – an essential part of wireless communications – to ensure it is used efficiently as more people and businesses [...]
Business of Space: Has Roscosmos imposed its own restrictions? March 11, 2022 This week Russian space chief hits out on Twitter… again SpaceX takes in-orbit satellite tally above 2,000 Range applications sent off for UK’s first-ever vertical launch site Roscosmos Russia’s invasion of Ukraine has seen a number of governments impose sanctions on the country, which range from having assets frozen to being locked out of certain [...]
Business of Space: What’s the deal with space traffic? March 5, 2022 This week Starlink makes a stance UK’s SaxaVord enters French market What’s the deal with space traffic? SpaceX SpaceX boss Elon Musk said today that its Starlink, a satellite broadband service, has been urged to block Russian news sources by some governments, but not Ukraine. Tweeting on Saturday, the billionaire entrepreneur said: “We will not [...]