Bright Ascension Secures Additional Funding to Support Product Suite Expansion

DUNDEE, UK, February, 01, 2022 (Bright Ascension PR) — Bright Ascension Ltd ., an industry leading space software technology provider, is pleased to announce that it has secured an additional £500k [US $675,100] of funding through private investments to support further expansion and development of its product offering. This follows the successful fund raising round completed by the company in August 2021, which raised £1M [US $1.35 million] of equity through the issue of new shares to match the development funding, previously awarded to Bright Ascension by the European Space Agency (ESA).

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Bright Ascension Completes Fund Raising for Development of End To End Space Software Product Suite

DUNDEE, UK, August, 23, 2021 (Bright Ascension PR) — Bright Ascension Ltd ., an industry leading space software technology provider, is pleased to announce that it has successfully completed a fund raising round and secured financing commitments through private investments to support further expansion and development of its product offering. The company has raised £1m of additional equity through the issue of new shares to match development funding that has been awarded to Bright Ascension by the European Space Agency (ESA).

Bright Ascension will use the new funds for the development of next generation satellite software infrastructure, which will offer its customers a complete end to end software solution for space based service provision. This expansion stage c losely correlates to the company’s participation in ESA ARTES Pioneer programme, a multi year project set to design and develop a cutting edge end to end solution which will enable a wide range of companies to create innovative satellite constellation services at a significantly reduced cost and within a reduced timeframe.

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Bright Ascension Launches Academic Programme and Support for Space Software Users

DUNDEE, UK, August 4, 2021 (Bright Ascension PR) — Bright Ascension Ltd ., an industry leading space software technology provider, is pleased to announce the launch of its Bright Start Academic Programme. Building on the support provided to academic institutions over the recent years, the company has created an extensive programme to support the student community and enhance learning opportunities for building future industry skills and expertise within academic settings. Bright Ascension will be holding a free online launch event and invites all interested parties to attend.

The Bright Start Academic Programme aims to support academic research by offering free or heavily discounted bundles of Bright Ascension’s Flight Software Development Kit and Mission Control Software. Through significant improvements in efficiency, lower service delivery costs and increased capabilities, these software products will allow students and researchers to launch their missions sooner, reduce risks, automate processes and operate spacecraft more efficiently.

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UKube-1 Completes Mission

UKube-1 satellite
UKube-1 satellite (Credit: Clyde Space)

SWINDON, UK (UKSA PR)– UKube-1, the UK Space Agency’s first national spacecraft, has now completed its nominal mission following over 14 months of operations.

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