China successfully launches all satellites that make up its own satellite positioning system On June 23, China Aerospace Exploration Group (CASC) announced that it launched a positioning satellite, Beidou (BD3 GEO-3), into geosynchronous orbit with a long-distance 3B rocket. With this launch, all the satellites that make up the Beidou… Read More »China completes its own satellite positioning system and other satellite industry news
New African satellite data platform, Norwegian military use of nanosatellites and US defense support for small rocket companies.
US Department of Defense announces support for six small rocket companies The US Department of Defense (DoD) has announced a joint launch agreement with six small rocket companies following a plan to rescue domestic industries affected by the new coronavirus. Specifically, it is a contract that orders two government payloads… Read More »New African satellite data platform, Norwegian military use of nanosatellites and US defense support for small rocket companies.
Astroscale enters the geostationary orbit service market Astroscale Holdings Co., Ltd., which is engaged in space debris removal, announced the acquisition of the intellectual property and other assets of Effective Space Solutions R&D Ltd, an Israeli satellite life-extension and servicing company. With this agreement, Astroscale will expand its business domain… Read More »Commercial space debris removal, China’s space station and ownership of space resources
Russia’s Sputnix expands its sales channel in partnership with Mitsui & Co. On May 25, Russia announced that Russia’s Sputnix and Mitsui Bussan Moscow, a subsidiary of the Mitsui Bussan Group, have signed a memorandum of understanding. Founded in 2011, Sputnix builds and provides satellite components and platforms. This agreement… Read More »Russia’s Sputnix expands its sales channel in partnership with Mitsui & Co.
Marubeni forms alliance with Phase Four, which develops small satellite propulsion engines. Space Four, a space venture that develops and manufactures thrusters for small satellites, has entered into a financial agreement with Marubeni and has signed an exclusive distributor / sales contract in Japan for a small thruster named “Maxwell”. … Read More »Marubeni enters cooperation with satellite propulsion engine manufacturer
Intelsat applied for Chapter 11 On May 13th, major satellite communications service company – Intelsat announced that it has applied for company rehabilitation proceedings under Section 11 of the US Bankruptcy Code (Chapter 11). By applying for Chapter 11, Intelsat seems to want to eliminate half of its $ 15… Read More »Intelsat applied for Chapter 11 & OneWeb announces frequencies auction
Infostella Co., Ltd., which is involved in the development of the ground station sharing platform ” StellarStation ” for satellites , announced to complete another round of funding. In addition to existing investors – Airbus Ventures and Sony Innovation Fund, the other companies such as Daiwa Energy Infrastructure Co., Ltd.,… Read More »Infostella raises new funding
Origin Space signs contract with satellite manufacturer for optical telescope development Origin Space, a start-up company from Shenzhen, China, has announced that it has signed a contract with DFH Satellite to develop an optical space telescope. Origin Space was established in 2017 with the aim of mining mineral resources from… Read More »Satellite industry in April (Part 2)
Read our monthly briefing on satellite industry developments. Assure Space decided to cancel satellite collision insurance amid growing risks of pay out Assure Space is an insurance company established in 2011 to provide insurance for space industry players. Since 2016 it has been operating as a part of AmTrust, a… Read More »Satellite industry in April