Parties will deliver innovative geospatial services using the high revisit rate BlackSky constellation
WASHINGTON, March 13, 2018 (Spaceflight Industries PR) – At the Satellite 2018 conference, The Space Alliance formed by Thales Alenia Space (Thales 67%, Leonardo 33%) and Telespazio (Leonardo 67%, Thales 33%) announced today it has officially taken a minority stake in Seattle-based Spaceflight Industries, having received all government approvals for the transaction.
Spaceflight Industries is seeking to raise a lot of money:
Seattle-based Spaceflight Industries is seeking as much as $150 million in new investment as it gets ready for a key rocket launch and a dramatic expansion of its satellite presence.
The outlines of the offering are described in documents filed today with the Securities and Exchange Commission. The filing reports that $40,656,523 worth of securities have been sold, with $110 mlllion remaining to sell. The first sale was recorded on Oct. 19, according to the filing.
This offering isn’t exactly your run-of-the-mill funding round. The filing says the total amount includes a $60 million convertible debt facility and $50 million in capital stock, the sale of which is subject to regulatory approval.
Paris, September 15, 2017– The Space Alliance, formed by Thales Alenia Space (Thales 67%, Leonardo 33%) and Telespazio (Leonardo 67%, Thales 33%), today signed a partnership with the U.S.-based company Spaceflight Industries which includes the following elements:
A minority investment in Spaceflight Industries, which through its BlackSky business, has developed a geospatial platform and plans to build and operate a constellation of 60 small high-resolution observation satellites featuring very short revisit times;
The creation of an industrial Joint Venture in the United States between Thales Alenia Space and Spaceflight Industries specialized in the production of small satellites;
The implementation of a Joint Cooperation and Marketing Agreement between Telespazio and BlackSky enhancing their respective product and analytics portfolios on the market.
SEATTLE, August 29, 2017 (Spaceflight Industries PR) – Spaceflight Industries today announced that BlackSky has been awarded a two-year $16.4 million cost-plus-prime contract with the Air Force Research Lab to develop and deliver a cloud-based geospatial intelligence broker platform. The brokering platform will provide on-demand analytics, collection, and information services from global data sources.
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…)
Airbus’s Pléiades, SPOT6/7, KazEOSat-1, and TerraSAR-X Join Growing Satellite Imagery Service
SEATTLE, April 5, 2017 (Spaceflight Industries PR) – Spaceflight Industries today revealed BlackSky Spectra, its on-demand satellite imagery service which enables customers to discover archive images and task new images from 13 high-resolution imaging spacecraft, all from one convenient web platform. BlackSky Spectra enables customers to easily look at the planet across every spectrum, from visual imagery to multi-spectral data including synthetic aperture radar (SAR), hyperspectral data, and radio frequency detection, which provides a more comprehensive view of the changing world.
SEATTLE, Dec. 14, 2016 (Spaceflight Industries PR) – Spaceflight Industries today announced the availability of its BlackSky global intelligence platform, as well as its Early Adopter Program (EAP) participants, and the diverse partner ecosystem fueling the platform. The highly scalable, cloud-based platform enables organizations to observe, analyze and act on global events as they happen. Unparalleled in the industry, the BlackSky platform integrates diverse sensors and data – including satellite imagery, social media and other data feeds – to reveal timely and relevant insights around specific topics or locations.
SEATTLE – Nov. 14, 2016 – Spaceflight Industries, a next-generation space company enabling access to space and redefining global intelligence, has revealed some of the first photos captured by its BlackSky Pathfinder-1 satellite after a successful launch on September 26 from Satish Dhawan Space Center in Sriharikota, India. Additional images from Pathfinder-1 can be found on the BlackSky blog.
SEATTLE, Oct. 11, 2016 (Spaceflight Industries PR) – Spaceflight Industries, a next-generation space company enabling access to space and redefining global intelligence, announced today that Terra Bella has signed an agreement with its launch services entity, Spaceflight, for a SpaceX Falcon 9 launch of Terra Bella SkySats.
Terra Bella will be the co-lead on Spaceflight’s SSO-A dedicated rideshare mission scheduled to launch from Vandenberg Air Force Base in California in late 2017.
SEATTLE, Sept. 26, 2016 (Spaceflight Industries PR) – Spaceflight Industries, a next-generation space company enabling access to space and redefining global intelligence, announced the successful launch of its BlackSky Pathfinder-1 satellite into a sun synchronous orbit from India’s Polar Satellite Launch Vehicle (PSLV). From Satish Dhawan Space Center in Sriharikota, India, liftoff occurred on Sunday Sept. 25 at 11:42 p.m. EDT with the satellite separating from the rocket’s upper stage at 1:57 a.m. EDTMonday.
Andrews honored among region’s top business leaders for innovations in the commercialization of space
Seattle, December 3, 2015 – Spaceflight Industries founder and CEO Jason Andrews has been recognized by GeekWire as one of the region’s most significant newsmakers this year. The selection committee commended Andrews for his active role in leading Spaceflight Industries to the front runner position in the commercialization of space, as well as for securing substantial funding for the company and its two subsidiaries, Spaceflight and BlackSky.
SEATTLE, July 13, 2015 – Spaceflight Networks, Spaceflight Industries’ line of business providing cost-effective satellite communications and data services, today announced partnerships with satellite data company Spire Global, Inc. and spacecraft radio providers Tethers Unlimited, BitBeam Inc. and Syrlinks. The partnerships will support Spaceflight Networks as it builds out its “cell phone network for space,” a low-latency data network to meet the communications needs of the burgeoning small-satellite sector.
“The small-satellite revolution requires massive improvements in latency, data throughput and operating costs compared to what is available today,” said Jason Andrews, CEO of Spaceflight Industries. “With Spaceflight Networks, we are building out that enabling infrastructure and are pleased to have Spire, Tethers Unlimited, BitBeam and Syrlinks as key partners in that initiative.”
RRE Venture Capital and Paul Allen’s Vulcan Capital Co-Lead Investment in Future Expansion of Next-Generation Space Services Company
SEATTLE, March 11, 2015 (Spaceflight Industries PR) – Spaceflight Industries, a next-generation, integrated space products and services company aimed at transforming the use of space, today announced it has secured $20 million in Series B funding co-led by RRE Venture Capital and Vulcan Capital with additional investment from Razor’s Edge Ventures.
Spaceflight Industries (Spaceflight) is the parent company of two well-established Seattle-area aerospace and space logistics companies: Andrews Space and Spaceflight Services. These businesses have now been combined under the Spaceflight brand to form a consolidated space products and services company focused on enabling new applications through the commercialization of space. This funding will accelerate the ongoing growth and development of Spaceflight’s subsidiaries: Spaceflight Systems (formerly Andrews Space), Spaceflight Services and Spaceflight Networks, which together provide comprehensive, cost-effective small-satellite solutions and services from development to launch, communications and operations.