NorthStar Earth and Space Raises $39.5 Million for Global Environment Information Platform

Earth as seen from the DSCOVR spacecraft. (Credit: NASA)

MONTREAL (NorthStar Earth and Space PR) — Human beings have left a legacy to Earth which threatens the sustainability of our planet and the livelihoods of future generations.  The cause: a lack of tools to manage and monitor our impact on the environment. NorthStar Earth & Space Inc. (NorthStar E&S) is pleased to announce C$52 million [US$39.5 million] in additional financing from strategic partners for the development of NorthStar, a global environment information platform which will transform humanity’s ability to manage our impact on Earth and its natural resources.

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First Quarter Commercial Space Investment Reached Nearly $1 Billion

SpaceX Falcon 9 lifts off with a Dragon resupply ship on April 2, 2018. (Credit: NASA)

by Douglas Messier
Managing Editor

SpaceX received $500 million of the nearly $1 billion in investment raised by commercial space companies during the first quarter of 2018, according to the Space Investment Quarterly report from Space Angels.

“SpaceX shows no signs of slowing down—after the inaugural flight of the Falcon Heavy, the company secured $500 million from Fidelity Investments to drive development of their satellite communications network, Starlink,” the report added.

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Thales Alenia Space, Telespazio & Spaceflight Industries Finalize Alliance to Manufacture Smallsats at Scale

Global-1 satellite (Credit: BlackSky)

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.

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Seraphim Space Tech Venture Capital Fund Reaches $95 Million Close

  • The world’s only dedicated space tech Venture Capital fund reaches £70m close
  • Europe’s leading space companies collectively supporting pioneering new fund
  • Former Google Earth CTO Michael Jones joins Seraphim as Managing Partner
  • Completed first 2 investments in leading nanosat constellations – Spire & Iceye

LONDON (Seraphim Capital PR) — A new revolution in Earth Observation is underway driven by low cost satellites and drones/UAVs enabling data that will be defining our changing world over the next decade. A new venture fund launched by Seraphim Capital has been established to capitalize on this opportunity.

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Spaceflight Industries Forges Strategic Partnership to Fully Fund BlackSky Constellation

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.

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Vega Orbits OPTSAT-3000 and Venµs Satellites

Veta lifts off with OPTSAT-3000 and Venµs aboard. (Credit: Arianespace)

KOUROU, French Guiana (Arianespace PR) — For the second time this year – and the 10th overall since entering service in 2012 – Vega has successfully launched a payload from the Spaceport, with this lightweight vehicle’s latest mission delivering the OPTSAT-3000 and Venµs Earth observation satellites to Sun-synchronous orbits.

Lifting off from the Spaceport’s SLV launch complex at precisely 10:58:33 p.m. French Guiana time on August 1, Vega lofted its multi-passenger payload during a flight sequence lasting 1 hour, 37 minutes.
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ESA Signs Agreement With Venture Capital Fund

ESA logoPARIS (ESA PR) — ESA will give the most promising European space applications, services and technologies the chance to access a substantial new source of venture capital finance.

ESA has signed an agreement with the £83 million (€116 million) Seraphim Space & Special Situations Fund to work alongside ESA’s Advanced Research in Telecommunications Systems (ARTES) Applications programme. The Fund will also back other space-related investment opportunities beyond ESA.

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Telespazio Eyes Ownership of Avio

Inaugural Vega flight. (Credits: ESA - S. Corvaja, 2012)
Inaugural Vega flight. (Credits: ESA – S. Corvaja, 2012)

Space News reports that Italy’s Avio launch vehicle builder is attracting some suitors:

The new chief executive of satellite services provider Telespazio said he is positioning the company to better compete with Astrium Services, and that ownership of Italy’s Avio rocket builder would enhance his product portfolio.

In a June 19 interview here at the Paris Air Show, Luigi Pasquali declined to say whether Rome-based Telespazio’s parent company, Finmeccanica, would enter the bidding for Avio in competition with France’s Safran/Snecma and with the EADS-owned Astrium Space Transportation company of France and Germany.

Other bidders may appear, depending on whether the Italian government weighs in with an opinion on the future of Avio, which is the industrial prime contractor for Europe’s Italian-led Vega small-satellite launcher. Vega has flown twice and is the first European rocket to succeed in its first two missions.

OHB AG of Germany ultimately may take part in an Avio bid but is unlikely to seek to purchase the entire stake of Avio’s majority owner, European private-equity investor Cinven, industry officials said.

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