Also news about Anuvu & Starlink, AAC Clyde Space, Space Forge, Mynaric, Orbital Assembly Corporation & ESA’s 5G/6G Hub Expansion
Contracts & Deals
Intuitive Machines Announces Agreement to Deliver AstroForge’s Asteroid Mining Payload
Houston-based Intuitive Machines, LLC has signed an agreement to deliver AstroForge’s Brokkr-2 spacecraft to deep space to observe an asteroid the California company is targeting for mining operations. Brokkr-2 is expected to launch during Intuitive Machines’ second lunar mission in the second half of 2023.
A pair of Chinese companies recently announced they were teaming up to build a massive new spaceport in Djibouti. If you were like me, you probably wondered: where is Djibouti? And why is China building a spaceport there?
Shares of SatixFy Communications (NYS: SATX) plunged by $4.94 (68.3 percent) to $2.29 on Tuesday following the announcement that the Israeli satellite communications equipment manufacturer is looking to sell up to 28.4 million shares and $1 million in redeemable warrants.
When Shri S. Somanath assumed the chairmanship of the Indian Space Research Organisation (ISRO) last January, he took over a space agency that had been hit hard by the COVID-19 pandemic. ISRO conducted only four launches in 2020-21, one of which failed. The pandemic had wrecked an ambitious plan to launch Indian astronauts into orbit before the 75th anniversary of the nation’s independence from Britain in August 2022.
Rocket Lab is scheduled to launch its Electron rocket from U.S. soil for the first time on Tuesday. The window for the launch three signal collection satellites for HawkEye 360 from the Mid-Atlantic Regional Spaceport (MARS) in Virginia runs from 6-8 pm EST (23:00-01:00 UTC). The company will webcast the launch on YouTube.
Welcome to this week’s business roundup. In today’s edition: ClearSpace, Stell and Magnestar complete raises; World View is set to become the world’s first space SPAC; CesiumAstro acquires an UK startup; Thales Alenia Space, Spaceflight Inc., Sidus Space announce new business deals; and multiple companies make executive appointments.
There were 12 suborbital flights last year that tested inflatable heat shields, scramjet and hypersonic propulsion, spy satellite cameras, and reusable launch vehicle technologies. Flights were conducted from the United States, India, Japan, Germany, Brazil and North Korea.
Once a sleepy backwater largely focused on scientific research, the suborbital launch sector has boomed in recent years. Private companies and governments across the globe conducted 29 flights to test orbital and suborbital launch vehicles and a range of technologies last year.
This week BigBear.ai sells more stock, management is shaken up at three space SPACs, Momentus signs a contract with FOSSA, Planet Labs teams with NASA to mitigate global food shortages, and Virgin Orbit’s price target gets cut in half after launch failure.
Swedish and European Union (EU) officials inaugurated Spaceport Esrange on Friday as the sounding rocket range moved toward its first orbital launch later this year by an as-yet unidentified company. The ceremony came only days after Spaceport Cornwall in England hosted the first orbital launch attempt from Western Europe.
On June 21, South Korea’s domestically manufactured Nuri rocket roared off the pad at the Naro Space Center and placed satellites into orbit for the first time. Six months later, South Korea’s first lunar probe entered orbit around the moon, putting an exclamation point on a breakthrough year for the emerging Asian space power.