Neptune Flood and ICEYE Enter Strategic Collaboration on Flood Insights

ST. PETERSBURG, Fla. (Neptune Flood PR) — Neptune Flood, the first AI-driven flood insurance company to provide fast, easy, and superior flood insurance, has entered a strategic collaboration with ICEYE – an international, satellite imagery company providing earth observation data via the world’s largest synthetic-aperture radar (SAR) constellation. 

As part of the collaboration, ICEYE will provide Neptune Flood with high-resolution flood hazard data in the immediate aftermath of a flood event to enable monitoring of Neptune’s insured geolocations for micro changes in water depths around properties. The agreement also allows for exploration of future initiatives including triggers for parametric insurance products offered through Neptune’s Jumpstart brand. 

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Japanese Radar Constellation iQPS Selects Virgin Orbit for 2023 Orbital Launch

LauncherOne ignites on its way to space. (Credit: Virgin Orbit)

LONG BEACH, Calif. (Virgin Galactic PR)–Virgin Orbit (Nasdaq: VORB), a leading satellite launch provider, announced today the signing of a launch services agreement with Japanese earth observation constellation operator Institute for Q-shu Pioneers of Space, Inc. (“iQPS”). The satellite is expected to join Virgin Orbit’s manifest for early 2023.

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Capella Space Closes $97M Series C Financing Round to Meet Exponential Customer Demand for Its Radar-Powered, High-Quality Satellite Imagery and Intelligence

Capella will use the funding, led by NightDragon, to expand its AI-enabled geospatial analytics and imaging offerings for its satellite sensors that penetrate all weather conditions – clouds, fog, smoke, rain – and capture clear imagery 24-7, day and night, across the globe

SAN FRANCISCO (Capella Space PR) — Capella Space, the leading earth observation company, today announced a $97M Series C financing round led by NightDragon, with significant participation from existing investors DCVC and Cota Capital. Capella plans to use the funding to expand its offerings and continue its mission to provide 24-7 access to frequent, timely and high-quality satellite analytics and imagery products to customers with demanding geospatial intelligence needs worldwide.

Capella’s SAR (synthetic aperture radar) sensors are deployed across its seven satellites in orbit today, with more satellites ready to launch across 2022 and 2023. This constellation can penetrate all weather conditions – clouds, fog, smoke, rain – and capture clear imagery 24-7, day and night, providing unparalleled insight into what is happening anywhere on the globe at any given moment. Recent global events in Ukraine and Russia have shown that access to accurate and timely earth observation data has never been more critical.

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IHI Aerospace Receives First Commercial Launch Order for 2 iQPS Commercial Earth Observation Satellites on Epsilon

Epsilon launch (Credit: JAXA webcast)

TOKYO (IHI Aerospace PR) — IHI Aerospace Co., Ltd (hereinafter ‘IA’) received order for launching the small SAR satellites owned by Institute for Q-Shu Pioneers of Space, Inc. (hereinafter ‘iQPS’). IA and iQPS signed the contract for launch service of QPS-SAR-3 and QPS-SAR-4 on April 18, 2022.

QPS-SAR-3 and QPS-SAR-4 are under manufacturing by iQPS with more than 25 partner companies in northern Kyushu and other parts of Japan. Two satellites will be launched by Epsilon flight #6 in Japanese FY 2022 from Uchinoura Space Center in Kyushu. This is first commercial launch order for IA.

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EigenRisk® Adds ICEYE’s Flood Insights to Its Global Catastrophe Risk Management Platform

HELSINKI, Finland, April 20, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in environmental flood hazard data, and EigenRisk®, a leading and independent insurance technology platform provider, have today announced a new agreement to incorporate ICEYE’s unique flood insights for large-scale flood events into the EigenPrism® catastrophe risk management platform.

EigenPrism provides a single, cloud-based platform for catastrophe data, analytics, modeling and reporting. Spanning all major perils, the system is designed to support enhanced planning, monitoring and response capabilities for global catastrophes.

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Capella Space Announces New Data Products to Automate SAR Imagery Analysis Via Its Image-Tasking Console

With new offerings for Vessel Detection, Change Detection, and Global Change Monitoring, Capella Space offers first-in-class image analytics for its customers around the globe 

Port of Gibraltar. (Credit: Capella Space)

SAN FRANCISCO (Capella Space PR) — Capella Space, an information services company that provides high-quality Earth observation data on demand, today announced three new integrated analytics capabilities into its image-tasking web application, the Capella Console. Vessel Detection, Change Detection, and Global Change Monitoring support Capella’s vision to offer a fully automated image tasking system that provides customers with timely, reliable, and accurate imagery capture and data analysis.

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Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Synthetic aperture radar satellite (Credit: Synspective)

TOKYO, 29 March 2022 (Synspective PR) – Synspective Inc., a SAR satellite data and solutions provider, announced that the company has raised US $100M (11.9 billion yen) including a Series B funding round. The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc. (Tokyo, Japan), and Pavilion Capital Pte. Ltd. (Singapore) among others, as well as bank loans, and it is supposed to be ranked within the top ten largest startups in Japan. This puts our total funding value at US $200M (22.8 billion yen) since our founding.

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NASA Funds Development of Winged Vehicles to Fly Through Venus’ Clouds

Graphic depiction of BREEZE – Bioinspired Ray for Extreme Environments and Zonal Exploration. (Credits: Javid Bayandor)

by Douglas Messier
Managing Editor

Inflatable winged vehicles could one day explore the clouds of Venus under a project being funded by NASA.

The space agency has provided a NASA Innovative Advanced Concepts (NIAC) phase II grant to Javid Bayandor of the State University of New York to continue research on Bioinspired Ray for Extreme Environments and Zonal Exploration (BREEZE) project.

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Rocket Lab Successfully Launches Second Mission for Synspective, Deploys 110th Satellite to Orbit

Electron lifts off on Feb. 28, 2021. (Credit: Rocket Lab)

MAHIA, New Zealand, March 1, 2022 (Rocket Lab PR) – Rocket Lab USA, Inc (Nasdaq: RKLB), a leading launch and space systems company, has successfully deployed a second Synthetic Aperture Radar (SAR) satellite to orbit for data and solutions provider Synspective, bringing the total number of satellites deployed by Rocket Lab to 110. ‘The Owl’s Night Continues” mission is Rocket Lab’s 24th Electron launch.

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China Launches Two Rockets on Sunday

China launched two rockets with 23 satellite aboard on Sunday, the state-run Xinhua news agency reported.

A Long March 4C launched the L-SAR 01B Earth observation satellite from the Jiuquan Satellite Launch Center. The synthetic aperture radar satellite will provide data for land resources use, mapping, forestry, and disaster prevention and relief efforts.

L-SAR 01B joins its twin satellite, L-SAR 01A, which was launched on Jan. 26, Xinhua reported. The spacecraft were built by Shanghai Academy of Spaceflight Technology, a subsidiary of the China Aerospace Science and Technology Corporation. 

A Long March 8 rocket set a new domestic record for the number of spacecraft launched when it orbited 22 satellites from the Wenchang Spacecraft Launch Site in Hainan Province, Xinhiua reported.

The spacecraft will be used for commercial remote sensing, marine environment monitoring, forest fire protection and disaster mitigation. The satellites were placed in sun synchronous orbit.

It was the second launch of the Long March 8 rocket. The booster placed five satellites into orbit during its maiden flight on Dec. 22, 2020.

HKATG to Launch 25 Satellites This Year

The firm foresees substantial economic benefits from its entry into the aerospace sector

HONG KONG, Feb. 10, 2022 (HKATG PR) — Hong Kong Aerospace Technology Group, Ltd. (HK: 1725) (HKATG), a leading aerospace firm traded on the Hong Kong stock exchange (HKEx) announced that its wholly owned subsidiary Gang Hang Ke (Shenzhen) Space Technology (“SZ Gang Hang Ke”) has entered into a second satellite launch service confirmation agreement with China Great Wall Industry Corporation (CGWIC), a state-owned enterprise in Mainland China.

Under the agreement, SZ Gang Hang Ke is tentatively scheduled to launch the two satellites, Golden Bauhinia Satellite No. 3 and Golden Bauhinia Satellite No. 4, in July of this year. The continued launching of satellites is expected to speed up the timetable for the completion the Golden Bauhinia Constellation project as well as enhance the operations of the smart city in the process of being rolled out in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA). HKATG plans to launch 25 satellites in 2022.

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Rocket Lab Brings Forward Launch for Earth Imaging Company Synspective

Electron launches from New Zealand on Dec. 9, 2021. (Credit: Rocket Lab)

The mission is the first of three upcoming dedicated Electron launches for Synspective and demonstrates Rocket Lab’s flexible and responsive launch capability

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a globa leader in launch services and space systems, today announced the launch window for a dedicated Electron mission for Japanese Earth imaging company Synspective. The 14-day launch window opens February 28th UTC and will lift-off from Rocket Lab’s Launch Complex 1 in New Zealand. Originally slated to launch after Rocket Lab’s next mission for another customer, Rocket Lab has brought the Synspective mission forward in the manifest to accommodate shifts in customer timelines.

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Magellan Aerospace to Provide Satellite Avionics Subsystems for CHORUS, MDA’s Next-generation Commercial Earth Observation Mission

TORONTO, February 9, 2022 – Magellan Aerospace Corporation (“Magellan”) announced today a contract award from MDA Ltd. (“MDA”) to provide spacecraft avionics for their next Earth observation mission named CHORUS. The new spacecraft builds on MDA’s RADARSAT heritage and will continue the work of RADARSAT-2, which remains operational serving its worldwide customer base. The avionics subsystems for CHORUS will be developed at Magellan’s Winnipeg facility, home of western Canada’s Advanced Satellite Integration Facility.

Magellan has expertise in the development of satellites buses and spacecraft avionics. In 2019, Magellan delivered three satellite buses for the Canadian Space Agency’s RADARSAT Constellation Mission under subcontract from MDA. These satellites, launched into orbit in June 2019, combine the Magellan satellite buses and the MDA C-band Synthetic Aperture Radar (SAR) payload.

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ICEYE Raises USD 136 Million in Series D Funding Round

HELSINKI, Finland, February 3, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space. New strategic investors to ICEYE also include BAE Systems and Kajima Ventures. In addition, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, the UK’s National Security Strategic Investment Fund (NSSIF), Space Capital and Promus Ventures have also participated in the funding round. Morgan Stanley & Co. LLC served as placement agent for the transaction.

With this latest funding round, ICEYE has raised a total of $304M in financing since 2015. ICEYE owns and operates the world’s largest constellation of SAR satellites and the company has successfully launched 16 satellite missions in total since its first-ever spacecraft was placed into orbit only four years ago.

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