New Space

ICEYE raises USD 136M in Series D funding round

Retrieved on: 
Thursday, February 3, 2022

HELSINKI, Feb. 3, 2022 /PRNewswire/ -- ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space. New strategic investors to ICEYE also include BAE Systems and Kajima Ventures. In addition, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, the UK's National Security Strategic Investment Fund (NSSIF), Space Capital and Promus Ventures have also participated in the funding round. Morgan Stanley & Co. LLC served as placement agent for the transaction.

Key Points: 
  • HELSINKI, Feb. 3, 2022 /PRNewswire/ -- ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space.
  • With this latest funding round, ICEYE has raised a total of $304M in financing since 2015.
  • "This round of funding shows the confidence our new and returning investors have in ICEYE and ensures the company will continue on its path for growth," said Susan Repo, Chief Financial Officer at ICEYE.
  • ICEYE designs, manufactures, and operates its SAR satellites in-house, with manufacturing timelines brought down to a few months for its spacecraft.

Telesat Selects Cobham SATCOM for Telesat Lightspeed Landing Station Terminals

Retrieved on: 
Tuesday, February 1, 2022

Based on Cobham SATCOMs successful TRACKER Gateway series, the Landing Station terminals offer industry-leading performance, high reliability, and low total cost of ownership.

Key Points: 
  • Based on Cobham SATCOMs successful TRACKER Gateway series, the Landing Station terminals offer industry-leading performance, high reliability, and low total cost of ownership.
  • Cobham SATCOMs innovative antenna technology delivers robust, resilient and highly-efficient performance with compelling economics, said Aneesh Dalvi, Telesats Director of LEO Landing Stations and User Terminals.
  • I am extremely proud that we have been selected by Telesat for this critical element of Telesat Lightspeed, said Leif Ottosson, CEO at Cobham SATCOM.
  • Each Telesat Lightspeed Landing Station will host multiple TRACKER antennas, along with the baseband, network and control systems.

BigBear.ai Enters into Commercial Partnership with Terran Orbital to Support Satellite Constellation Manufacturing and Operations

Retrieved on: 
Friday, November 19, 2021

BigBear.ais AI-powered insights will enhance Terran Orbitals manufacturing, operations, and multi-source Earth imaging offering for U.S. government, international defense and commercial clients.

Key Points: 
  • BigBear.ais AI-powered insights will enhance Terran Orbitals manufacturing, operations, and multi-source Earth imaging offering for U.S. government, international defense and commercial clients.
  • The commercial agreement represents a long-term partnership between BigBear.ai and Terran Orbital.
  • Terran Orbital combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the most demanding military, civil and commercial customers.
  • In addition, Terran Orbital is developing the worlds largest, most advanced NextGen Earth Observation constellation to provide persistent, real-time earth imagery.

Morpheus Space Launches Sphere Safe, a First-Of-Its-Kind, Hardware-As-A-Service Pricing Model to Democratize Access to Space Mobility Technology

Retrieved on: 
Monday, November 15, 2021

Spire Global, a leading provider of space-based data, analytics and space services, is the first company to adapt Sphere Safe for its upcoming satellite missions.

Key Points: 
  • Spire Global, a leading provider of space-based data, analytics and space services, is the first company to adapt Sphere Safe for its upcoming satellite missions.
  • Morpheus Space and Spire Global are seeking to lead the New Space industry to this new era by example with Sphere Safe and the shared vision of a more collaborative and inclusive industry.
  • Morpheus Space is committed to help drive a sustainable future in space and on Earth.
  • Through Sphere Safe, customers can now afford the propulsion technology that enables deorbiting and space debris removal, creating a new industry standard for sustainability.

Morpheus Space Accelerates Momentum, Launches New Ecosystem 'SPHERE' and Proprietary Propellant

Retrieved on: 
Thursday, November 11, 2021

LOS ANGELES, Nov. 11, 2021 /PRNewswire/ -- Morpheus Space , leading provider of spacecraft electric propulsion systems, today announced the launch of the SPHERE ecosystem,as well as a new proprietary propellant and rebrand.

Key Points: 
  • LOS ANGELES, Nov. 11, 2021 /PRNewswire/ -- Morpheus Space , leading provider of spacecraft electric propulsion systems, today announced the launch of the SPHERE ecosystem,as well as a new proprietary propellant and rebrand.
  • A natural extension of the devices and systems that brought Morpheus Space to market in 2018, SPHERE will act as a command center for all things propulsion.
  • To help power SPHERE, Morpheus is unveiling its new proprietary alloy propellant.
  • With this new propellant, Morpheus' systems can provide customers continuous thrust for more than five years with unmatched efficiency.

Blue Canyon Technologies Delivers the First of Four CubeSats to NASA’s Ames Research Center for Starling Technology Demonstration

Retrieved on: 
Wednesday, October 20, 2021

Small satellite manufacturer and mission services provider Blue Canyon Technologies LLC ("BCT" or "Blue Canyon"), a wholly-owned subsidiary of Raytheon Technologies, delivered the first of four 6U CubeSats to NASA's Ames Research Center in Californias Silicon Valley.

Key Points: 
  • Small satellite manufacturer and mission services provider Blue Canyon Technologies LLC ("BCT" or "Blue Canyon"), a wholly-owned subsidiary of Raytheon Technologies, delivered the first of four 6U CubeSats to NASA's Ames Research Center in Californias Silicon Valley.
  • NASAs Small Spacecraft Technology program within the agencys Space Technology Mission Directorate funds the demonstration.
  • The delivery of CubeSats will allow Ames to continue with payload integration and testing of the integrated flight unit, said Stephanee Borck, senior program manager at Blue Canyon Technologies.
  • We look forward to delivering the next three CubeSats and seeing what the technology demonstration can do on-orbit.

Nebula, an Innovative In-Orbit Cloud Computing and Storage Platform, is Successfully Demonstrated in Space

Retrieved on: 
Monday, October 11, 2021

HARWELL, United Kingdom, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Space transportation and logistics company D-Orbit has successfully completed the orbital testing of Nebula, a cloud platform designed to provide distributed high-performance data analytics computing and storage capabilities in space.

Key Points: 
  • HARWELL, United Kingdom, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Space transportation and logistics company D-Orbit has successfully completed the orbital testing of Nebula, a cloud platform designed to provide distributed high-performance data analytics computing and storage capabilities in space.
  • ION can also accommodate multiple third-party payloads like innovative technologies developed by startups, experiments from research entities, and instruments from traditional space companies requiring a test in orbit.
  • The testing on Nebula was performed in space as part of the WILD RIDE mission, which is still ongoing.
  • ION can also accommodate multiple third-party payloads like innovative technologies developed by startups, experiments from research entities, and instruments from traditional space companies requiring a test in orbit.

Slingshot Aerospace Launches Educational Space Simulation Tool

Retrieved on: 
Wednesday, September 29, 2021

Slingshot Aerospace, Inc. , a company building world-class space simulation and analytics solutions, announced today that Slingshot Laboratory , an intuitive and interactive space simulation tool designed from the ground up to bring space understanding within reachregardless of technical expertise, is now available for customers.

Key Points: 
  • Slingshot Aerospace, Inc. , a company building world-class space simulation and analytics solutions, announced today that Slingshot Laboratory , an intuitive and interactive space simulation tool designed from the ground up to bring space understanding within reachregardless of technical expertise, is now available for customers.
  • View the full release here: https://www.businesswire.com/news/home/20210929005176/en/
    Slingshot Aerospace announced today that Slingshot Laboratory, an intuitive and interactive space simulation tool designed from the ground up to bring space understanding within reachregardless of technical expertise, is now available for customers.
  • The educational tool is a cutting-edge technology that is invaluable to any student who is interested in space and space exploration.
  • Slingshot Aerospace initially secured a contract to develop Slingshot Laboratory for the U.S. Space Force, and delivered an initial version in July 2021.

Rocket Lab Lands Multi-Launch Deal to Deploy Entire IoT Satellite Constellation for Kinéis

Retrieved on: 
Wednesday, September 8, 2021

Rocket Lab USA, Inc (Rocket Lab or the Company) (Nasdaq: RKLB), a leading launch provider and space systems company, today announced it has been awarded a contract to deploy an entire satellite constellation across five dedicated Electron missions for Kinis, a global Internet-of-Things (IoT) connectivity provider.

Key Points: 
  • Rocket Lab USA, Inc (Rocket Lab or the Company) (Nasdaq: RKLB), a leading launch provider and space systems company, today announced it has been awarded a contract to deploy an entire satellite constellation across five dedicated Electron missions for Kinis, a global Internet-of-Things (IoT) connectivity provider.
  • Kinis CEO, Alexandre Tisserant, says: We are glad to entrust our constellation of 25 satellites to Rocket Lab.
  • Deploying an entire constellation and having it operational quickly requires each satellite to be deployed to exactly the right orbit.
  • Thanks to its technological innovation capabilities, Kinis forges links between New Space and IoT and connects hundreds of customers with satellite IoT.

D-Orbit UK Signs Contract with ESA for Development of Debris Removal Technology

Retrieved on: 
Wednesday, September 8, 2021

The kit and the know-how developed are also foundational capabilities that can be used in the future as part of active debris removal mission concepts.

Key Points: 
  • The kit and the know-how developed are also foundational capabilities that can be used in the future as part of active debris removal mission concepts.
  • This type of equipment is traditionally left in a gradual disposal orbit, which although compliant with current international guidelines, represents a contribution to the growing debris problem.
  • This contract is an important milestone for D-Orbit group and for the entire space sector, said Luca Rossettini, CEO of D-Orbit.
  • Today, we are working to make sure the space debris problem turns into a commercial opportunity and a resource for the future development of space.