Orbit

Flourish / Wealth Management IQ Survey Finds Advisors Vastly Underestimate Clients’ Held-Away Cash Holdings

Retrieved on: 
Tuesday, March 26, 2024

Key findings and insights include:

Key Points: 
  • Key findings and insights include:
    Clients’ cash holdings are vastly underestimated: Surveyed advisors believe their average client holds 7% of their net worth in cash, while high net worth individuals actually hold more than 30% of their net worth in cash .
  • Clients want high yield on their cash: 92% of advisors report that their clients have expressed interest in high-yield savings accounts (HYSAs).
  • Advisors have the opportunity to improve relationships while helping clients earn more by offering a cash management solution to every client."
  • Flourish Cash , Flourish’s cash management solution, built explicitly for RIAs, offers clients competitive interest rates and elevated FDIC insurance through its Program Banks.

Space Flight Laboratory (SFL) Confirms Successful Deployment of HawkEye 360 Microsatellite Clusters 8 and 9

Retrieved on: 
Monday, April 8, 2024

Space Flight Laboratory (SFL) confirmed that six radio frequency geolocation microsatellites developed for HawkEye 360 of Herndon, Va., have successfully communicated with ground control.

Key Points: 
  • Space Flight Laboratory (SFL) confirmed that six radio frequency geolocation microsatellites developed for HawkEye 360 of Herndon, Va., have successfully communicated with ground control.
  • The HawkEye 360 Cluster 8 and 9 satellites were launched yesterday at 7:16 pm EDT from Florida aboard the SpaceX Bandwagon-1 Rideshare.
  • View the full release here: https://www.businesswire.com/news/home/20240408902780/en/
    HawkEye 360 Cluster 9 in the Space Flight Laboratory (SFL) cleanroom being readied for launch, March 2024.
  • The HawkEye 360 constellation detects, characterizes and geolocates RF signals for a variety of communications, navigation, and security applications.

Vast’s Haven-1 to Be World’s First Commercial Space Station Connected by SpaceX Starlink

Retrieved on: 
Tuesday, April 9, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408752903/en/
    Vast’s Haven-1 commercial space station (with docked Dragon spacecraft) connecting via laser terminals to SpaceX Starlink satellite network.
  • (Illustration: Vast)
    “If you need to provide high-speed, low-latency, continuous internet connectivity on a space station in orbit in 2025, SpaceX Starlink is the only option,” said Max Haot, Vast’s CEO.
  • “We are excited for Vast’s Haven-1 to be the first commercial space station to stay connected with Starlink.”
    Vast and SpaceX have reached an agreement for SpaceX to provide Starlink connectivity to future Vast platforms beyond Haven 1, including connectivity for Vast’s next space station, which the company plans to bid for in NASA's upcoming commercial Low Earth Orbit destinations (CLDs) competition.
  • In May 2023, Vast announced that SpaceX will launch Haven-1, followed by two human spaceflight missions to the Haven-1 space station.

Sierra Space Ghost Enters Flight Test Enabling Global Payload Delivery in 90 Minutes

Retrieved on: 
Monday, April 8, 2024

(Photo: Sierra Space)

Key Points: 
  • (Photo: Sierra Space)
    This new technology propels Sierra Space into a new era of national security space and space logistics, promising to redefine the way critical defense supplies are delivered across the globe.
  • The Sierra Space Ghost Beta decelerator, part of the company’s recently announced Sierra Space Axelerator™ incubator , is a cutting-edge thermal protection system tailored for the safe return of small payloads from space.
  • Last month, the first drop test of the Sierra Space Ghost was completed in Florida, enabling Sierra Space test engineers to fully understand the flight characteristics of the system and how recovery operations can be rapidly completed on the ground.
  • “We envision having an inventory of Sierra Space Ghost vehicles strategically positioned and readily accessible and deployable within 90 minutes to critical locations anywhere on Earth.

Firefly Aerospace Announces Agreement with Klepsydra Technologies to Demonstrate Edge Computing in Space

Retrieved on: 
Tuesday, April 9, 2024

CEDAR PARK, Texas, April 9, 2024 /PRNewswire/ -- Firefly Aerospace, Inc., an end-to-end space transportation company, today announced a new agreement to host the Klepsydra Artificial Intelligence (AI) application on Firefly's Elytra vehicle that will launch aboard Alpha later this year. By serving as an edge computing platform in space, Elytra is equipped to support a variety of hosted software applications with real-time data processing on orbit.

Key Points: 
  • By serving as an edge computing platform in space, Elytra is equipped to support a variety of hosted software applications with real-time data processing on orbit.
  • "Edge computing in space is the key to overcome critical bandwidth challenges that come with downlinking massive volumes of data from spacecraft to ground stations on Earth," said Jana Spruce, Vice President of Spacecraft.
  • As part of Elytra Mission 1 , Klepsydra Technologies will utilize Elytra's edge compute platform to further test and validate its AI navigation application.
  • "We are deeply honored by the trust Firefly has placed in us as we demonstrate our ground-breaking AI software for space processors," said Pablo Ghiglino, CEO of Klepsydra Technologies.

SATLANTIS AND ENCINO ENVIRONMENTAL SERVICES ANNOUNCE ONE OF THE LARGEST COMMERCIAL CONTRACTS FOR SATELLITE-BASED METHANE DETECTION AND SUCCESSFUL LAUNCH OF SECOND METHANE SATELLITE

Retrieved on: 
Monday, April 8, 2024

SATLANTIS successfully launches HORACIO, its sixth successful mission and second satellite capable of methane detection.

Key Points: 
  • SATLANTIS successfully launches HORACIO, its sixth successful mission and second satellite capable of methane detection.
  • GAINESVILLE, Fla., April 8, 2024 /PRNewswire/ -- SATLANTIS and a subsidiary of Encino Environmental Services ("Encino"), leaders in methane leak detection & quantification, have furthered their groundbreaking partnership by sealing one of the largest contracts within the SmallSat industry.
  • This alliance aims to monitor infrastructure for high resolution visual applications and methane emission detection through satellite technology.
  • "The SATLANTIS solution for high-resolution visual monitoring combined with methane detection is extremely unique," said Scott McCurdy, Chief Executive Officer of Encino Environmental Services.

HawkEye 360's Clusters 8 & 9 Satellites Ready for Spring Launch with SpaceX

Retrieved on: 
Sunday, April 7, 2024

HERNDON, Va., April 7, 2024 /PRNewswire/ -- HawkEye 360 Inc., the world's leading defense technology company for space-based radio frequency (RF) data and analytics, announced today that its clusters 8 and 9, which contain six satellites total, will launch aboard SpaceX's Bandwagon-1 Rideshare mission from Florida no earlier than April 2024. This is the first time HawkEye 360 is placing two clusters simultaneously into orbit, positioned at mid-inclination for increased coverage over the busiest maritime traffic corridors of the world.

Key Points: 
  • These six satellites will enhance data discoveries and increase coverage over high-demand Mid-latitude regions of the world.
  • This is the first time HawkEye 360 is placing two clusters simultaneously into orbit, positioned at mid-inclination for increased coverage over the busiest maritime traffic corridors of the world.
  • The mid-inclination orbit of Clusters 8 and 9 will further support HawkEye 360's work to help monitor and prevent Illegal, Unreported, and Unregulated (IUU) fishing across the Indo-Pacific region.
  • HawkEye 360 currently operates a constellation of 23 satellites.

Flourish Announces New Relationship with Focus Financial to Bring Flourish Cash to More Focus Firms

Retrieved on: 
Tuesday, March 19, 2024

New York, March 19, 2024 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (“RIAs”) improve their clients’ financial outcomes, today announced a new formal relationship with Focus Financial Partners (“Focus”), a leading partnership of independent, fiduciary wealth management firms, to make Flourish Cash available to additional Focus firms.

Key Points: 
  • New York, March 19, 2024 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (“RIAs”) improve their clients’ financial outcomes, today announced a new formal relationship with Focus Financial Partners (“Focus”), a leading partnership of independent, fiduciary wealth management firms, to make Flourish Cash available to additional Focus firms.
  • Flourish already works with over a dozen Focus firms, including Buckingham Strategic Wealth, LLC, which has previously shared its success in leveraging Flourish , and The Colony Group, LLC.
  • This new relationship formalizes the existing strong organic relationship between Flourish and Focus and sets the stage for making Flourish Cash available to additional Focus firms as Focus enters its next phase of growth.
  • “Formalizing our relationship recognizes the mutual benefits that Focus firms, their end clients, Focus, and Flourish have already enjoyed so far.

Orbit Media and iHeartPodcasts Announce ‘The Burden,’ a New Podcast about a Jailhouse Law Firm, a Legendary Cop, and a Quest for Justice

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- Today, Orbit Media, the podcast company co-founded by Oscar winner Fisher Stevens, and iHeartPodcasts, the no.1 podcast publisher according to Podtrac, announced “The Burden.” A companion to “Empire on Blood,” the #1 podcast produced by Orbit’s creators, “The Burden” will invite listeners into a crazy world of murder where voiceless, convicted murderers must take down a legendary cop and disrupt the entire system to gain their freedom.

Key Points: 
  • Scarcella ran into a group of wrongfully convicted murderers-turned-elite jailhouse lawyers.
  • The show’s narrative will interweave past and present and bring listeners face-to-face with the complexities of the criminal justice system.
  • Or was he the product of a system that would not let truth stand in the way of justice: its view of justice.
  • Editor’s Note: Embed the podcast audio player directly into your article or website using the code below.

Canon Electronics Successfully Launches CE-SAT-IE Satellite into Orbit

Retrieved on: 
Monday, March 18, 2024

Melville, NY, March 18, 2024 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, is pleased to announce the CE-SAT-IE, micro-satellite developed and manufactured by Canon Electronics, entered orbit and communicated with the ground station installed at Canon Electronics’ Akagi Plant.

Key Points: 
  • Melville, NY, March 18, 2024 (GLOBE NEWSWIRE) -- Canon U.S.A., Inc., a leader in digital imaging solutions, is pleased to announce the CE-SAT-IE, micro-satellite developed and manufactured by Canon Electronics, entered orbit and communicated with the ground station installed at Canon Electronics’ Akagi Plant.
  • Based on the data received, it was confirmed that the satellite was operating normally.
  • Date of Launch of the launch vehicle that put the CE-SAT-IE into orbit was February 17, 2024.
  • Canon Electronics will also aim to acquire high resolution images using Canon’s EOS R5 digital camera, which is the main optical system in combination with a 400 mm aperture telescope.