Bryce Space and Technology has produced a new report, Start-up Space: Update on Investment in Commercial Space Ventures.
Below is the executive summary. You can also download the full report.
The Start-Up Space series examines space investment in the 21st century and analyzes investment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide. Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products. Large valuations and exits are demonstrating the potential for high returns. (more…)
SPRINGFIELD, Va.(NGA PR) — The National Geospatial-Intelligence Agency announced today a $14 million, one-year subscription to Planet, a commercial imagery provider.
The purchase takes advantage of the new NGA and General Services Administration (GSA) partnership for Earth Observation Solutions that can be acquired via GSA schedules. The subscription, made through Planet’s GSA Information Technology Schedule Contract (GS-35F-309GA), enables the Department of Defense and the Intelligence Community to access Planet’s imagery of over 25 select regions of interest, ranging from portions of the Middle-East, Asia, and Africa to Central and South America.
SAN FRANCISCO (Planet PR) — Today we’re excited to release Planet Explorer Beta, an online tool that lets users browse geospatial data through time and see change across the globe. In short, Planet has introduced a time axis to maps.
Planet operates 149 satellites—the largest fleet in human history—giving us the capacity to collect a new image of everywhere on Earth’s land area every day. Most satellite imagery online today is years old. Planet’s imagery is different—it’s being constantly updated. With Planet Explorer Beta users can for the first time browse and see change month by month across the whole planet: every port, every farm, every forest, every city.
NEW YORK (SSPI PR) — The Society of Satellite Professionals International (SSPI) named today the first annual Rising Five, the five New Space Companies in the satellite industry that have made the most substantial progress over the past year. Decided by an international editorial advisory board, the 2017 Rising Five are the Kymeta Corporation, OneWeb, Planet, Spire Global and Virgin Galactic.
“The Rising Five represent the Society’s assessment of the progress made by innovative companies that are raising money, creating new technologies and pioneering new business models in this 60-year-old industry,” said SSPI Chairman Bryan McGuirk, chief commercial officer of Globecomm. “With so many new entrants in the market, the question is always who has the right idea, the right financing and the staying power to overcome the hurdles facing any new business and to find sustainable success. Our membership represents companies that know what it takes to succeed in one of the world’s most challenging technologies.”
The Annual Compendium of Commercial Space Transportation: 2017
Federal Aviation Administration Office of Commercial Space Transportation (FAA AST)
State of the Payload Industry
Space industry companies and organizations worldwide, sometimes the same as launch vehicle manufacturers but also those specifically dedicated to spacecraft manufacturing, produce these spacecraft. Commercially launched payloads are typically used for the following mission types:
Commercial communications satellites;
Commercial remote sensing or Earth observation satellites;
Commercial crew and cargo missions, including on-orbit vehicles and platforms;
Technology test and demonstration missions, usually new types of payloads undergoing test or used to test new launch vehicle technology; and
Other commercially launched payloads, usually satellites launched for various purposes by governments of countries not having indigenous orbital launch capability.
SAN FRANCISCO (Planet PR) — Today Planet successfully launched 88 Dove satellites to orbit—the largest satellite constellation ever to reach orbit. This is not just a launch (or a world record, for that matter!); for our team this is a major milestone. With these satellites in orbit, Planet will reach its Mission 1: the ability to image all of Earth’s landmass every day.
It looks as if Google’s foray into satellites could be short lived:
Alphabet Inc.’s Google is in talks to sell its satellite business to competitor Planet Labs Inc., a satellite-imagery startup that is seeking a new round of funding to help pay for the possible acquisition, according to people familiar with the talks.
The sale of its satellite-imagery unit, Terra Bella, would be a rapid about-face for Google, which has recently shed some of its bolder ventures. Google bought the company for $500 million in 2014, when it was known as Skybox Imaging.
Discussions about the possible acquisition, which were first reported by Bloomberg News on Monday, are focused on a possible cash plus equity deal, the people said. Planet, founded in 2011, is seeking to raise funds to help finance the deal and pay for continuing operations, one of the people said.
Today, astronauts Scott and Mark Kelly are visiting the White House to talk to the President about developing innovative new space technologies. One critical area for technology development is making satellites more affordable, adaptable, and adept at providing the sorts of real-time information that will help advance knowledge out in space and on Earth.
The National Geospatial-Intelligence Agency has entered into a $20 million data purchase agreement with Planet to buy imagery from its constellation of small remote sensing satellites, the White House announced this week.
The contract is part of more than $50 million in new Federal investments into small satellites, the White House said in a fact sheet.
“As part of this initiative, NASA will invest $30 million to support public-private partnership opportunities that allow for Earth Science observations to be provided by constellations of commercial small spacecraft,” the fact sheet stated.
The spending is part of an effort to tap into a “revolution” in small satellites brought about by advances in electronics and information technologies.
“In the coming weeks, Federal agencies will announce investments and new steps they will take to advance the state of the art in small-satellite technology and increase the adoption of ‘smallsats’ for commercial, scientific, and national security needs,” the fact sheet stated.
“Advancing smallsat technology and adoption could, for example, allow companies to provide ubiquitous high-speed Internet connectivity and offer continuously updated imagery of the Earth,” it added.
Paris, Washington D.C., Montreal, Yokohama, July 7, 2016 (Euroconsult PR) — According to Euroconsult’s latest report, Prospects for the Small Satellite Market, we are on the cusp of a major revolution for the space sector and overall space ecosystem, as more than 3,600 smallsats are expected to be launched over the next ten years, a significant increase from the previous decade.
SEATTLE, June 21, 2016 (Spaceflight PR) – Spaceflight, the leading provider of integrated launch services for small satellites, today announced it has successfully launched a flock of 12 Planet Dove satellites from India’s Polar Satellite Launch Vehicle (PSLV). The 12 spacecraft are shoebox-sized satellites that will be delivered into lower Earth orbit to provide imaging data.