D-Orbit Secures €15M Financing from EIB

FINO MORNASCO, Italy (D-Orbit PR)– Despite the global challenges brought by the events of 2020, D-Orbit, an Italian systems and services provider for the space sector, is steadily moving forward with its roadmap.

In September, D-Orbit secured €15 million [$17.8 million] financing from the European Investment Bank (EIB), marking the first time that the EIB has funded a space firm. The funds will advance the expansion of the company, whose ultimate goal is redefining the standards of
the orbital transportation industry.

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Government Backs UK Companies Tackling Dangerous Space Junk

Distribution of space debris around Earth (Credit: ESA)

Seven UK companies have been awarded a share of over £1 million [$1.3 million] to help track debris in space

  • Currently there are approximately 160 million objects in orbit – mainly debris – which could collide with satellites vital to services we use every day
  • UK Space Agency and Ministry of Defence sign formal agreement to work together on monitoring threats and hazards in orbit

SWINDON, UK (UK Space Agency PR) –Seven pioneering projects which will develop new sensor technology or artificial intelligence to monitor hazardous space debris, have been announced today by the UK Space Agency.

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What’s On Board Vega Booster

The European Vega rocket that launched this evening was carrying 53 satellites on its first rideshare mission as part of the Small Spacecraft Mission Service Proof of Concept Flight.

The payloads included 14 Flock 4V Earth imaging satellites from Planet, 12 SpaceBEE Internet of Things spacecraft from Swarm Technologies, and 8 maritime monitoring satellites from Spire.

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