Lockheed Martin dives into Satellite Vu’s £20m funding round March 2, 2022 Lockheed Martin has dived into a £20m funding round for Seraphim Space-backed Satellite Vu, as the US aerospace giant looks to plant a new space base in the UK. The London-based satellite firm, which uses infrared imaging and data to observe the Earth from space, has caught the eye of Lockheed in hopes of luring [...]
Satellite Vu teams up with SpaceX to launch thermal imaging satellite February 21, 2022 Satellite Vu has signed a launch deal with Elon Musk’s SpaceX to launch the world’s highest resolution thermal imaging satellite in early 2023.
The race to replace the ISS: ‘A full-scale industrial revolution and we’re at the very start of it’ February 16, 2022 The race for a commercial space station is officially a-go, with businesses poised for a new privately funded post to orbit Earth by the end of the decade. Nanoracks, Voyager Space and Lockheed Martin are collaborating to develop a free flying commercial space station known as Starlab. While London’s Space Entertainment Enterprise (SEE) has teamed [...]
EU set to launch internet satellite system moving away from Chinese dependency February 15, 2022 The EU is gearing up to launch its own satellite internet system to keep up with the likes of Amazon and Elon Musk owned SpaceX, removing European reliance on Chinese-built infrastructure.
Trials and tribulations: SpaceX loses majority of satellites one day post-launch February 9, 2022 SpaceX is expected to lose up to 40 satellites, due to a geomagnetic storm in space that hit just one day after they launched. After sending off 49 Starlink satellites on Thursday via its Falcon 9, Elon Musk’s space venture has confirmed that it will suffer a major loss as a result of the storm [...]
Business of Space: Is there anything slowing down space-tech investing? February 5, 2022 This week Orbex files for UK launch licence More than £100m in fresh investment for ICEYE Military eye Isotropic Systems’ landmark tech Orbex applies for licence as UK heads for landmark launches this year The countdown has begun for the UK’s first-ever launches from British soil this year, which has prompted rocket firm Orbex to [...]
SpaceX’s mega-rocket Starship could make or break space industry, say experts January 18, 2022 The rise of mega-rockets, such as SpaceX’s Starship, could make or break the ‘New Space’ industry, according to experts. Countries including South Korea, Japan, India and UAE are planning to launch their first missions the Moon, which will require the use of so-called mega-rockets. “Public enthusiasm for space will remain high with the launch of [...]
Musk urges there is room for ‘billions’ of satellites in Earth’s orbit, following SpaceX backlash December 30, 2021 Elon Musk has urged that there is room for “tens of billions” of satellites in Earth’s orbit, amid concerns that SpaceX is hoarding space for its own. The European Space Agency suggested that Musk was blocking out smaller rivals in space. It is not the first time the billionaire has drawn criticism from the agency, [...]
Collision risk: China files official UN complaint against US’ space etiquette December 28, 2021 China has filed an official complaint with the United Nations regarding the US’ space etiquette. Two near collisions involving SpaceX’s Starlink Internet Services and the China Space Station on July 1 and October 21 prompted the filing. China’s foreign minister urged the US to act responsibly, after it accused it of ignoring its obligations to [...]
Elon Musk says he will pay $11bn in taxes this year December 20, 2021 Celebrity entrepreneur Elon Musk has said he will pay $11bn in taxes this year, an amount which could constitute the biggest contribution in history.