EUSPA to Further Boost Space Investments with CASSINI Entrepreneurship Fund

PRAGUE (EUSPA PR) — The European Commission, the EU Agency for the Space Programme (EUSPA), the European Space Agency (ESA), and the European Investment Fund (EIF) committed to multiplying the benefits of space technology to businesses. This initiative implies attracting more private investment funds, running capacity building activities, sharing expertise, organizing matchmaking, and promoting the markets. CASSINI is central to this endeavour.

DG DEFIS Director-General Timo Pesonen, EUSPA Executive Director, Rodrigo da Costa, ESA Director-General Josef Aschbacher, Chief Executive of the European Investment Fund Alain Godard gathered at the Egmont Palace in Brussels on the occasion of the 14th edition of the European Space Conference 2022. During this event, they agreed on the principles of cooperation to support SMEs in the space sector, fostering on exchange of information and engaging in joint cross-functional actions towards space entrepreneurship. 

Dedicated to promoting the commercialization of Galileo, EGNOS, and Copernicus data and services to increase the market share of the EU space actors, EUSPA has been engaging with companies of all sizes from a broad spectrum of industries, many of which had not used space services in their activities before.

Through capacity-building, and supporting their access to financial resources, mentoring and market know-how, EUSPA helps to create breakthroughs for space entrepreneurship. 

The ‘’New Space’’ paradigm is however reshaping the industry’s landscape resulting in a greater need for better access to risk capital and other forms of growth financing. Anticipating this need, EUSPA is ready to take EU space entrepreneurship to the next level by leveraging investments, its know-how and capacity building within CASSINI Space Entrepreneurship Growth Funding Initiative, together with European Investment Fund, the European Commission, and the European Space Agency.   

These organisations are committed to bringing together their expertise and experience to leverage new investment support for the European space-based economy. The common objective is to create high-skilled jobs in the EU and improve the day-to-day lives of Europeans by supporting innovative companies and accelerating the development of new applications that use European global navigation satellite systems and earth observation services.

‘’EUSPA has a long history of cooperation with the European Investment Bank group and other private and public investors. I am pleased to see that today we reinforce our collaboration to support developing innovative, creative, and successful companies using EU space technologies,’’ said EUSPA Executive Director, Rodrigo da Costa. ‘’It is another step to contribute to the growth of the EU Space industry and its market share to boost our common economy in this very competitive global environment,’’ he concluded.

For more information, visit https://www.euspa.europa.eu.

EU Space: $1 Billion CASSINI Investment Fund Launched to Spur European Competitiveness

BRUSSELS (European Commission PR) — On the 25th of January 2022 in Brussels, and in the context of the CASSINI Initiative, European Commissioner for Internal Market Thierry Breton signed a joint statement, together with Vice-President of the European Investment Bank Kris Peeters and Chief Executive of the European Investment Fund Alain Godard, officialising their joint commitment for the “Cassini Seed and Growth Funding Facility.

The objective of this €1 billion space investment fund is to attract more venture capital funds to become active investors in European small and medium size companies developing space technology and digital services using space data.

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Inspiration4 Raffle Winner Too Heavy to Fly to Orbit on SpaceX Crew Dragon

Inspiration4 crew in orbit. (Credit: Inspiration4)

For months everyone has wondered who it was who gave up his seat aboard the Inspiration4 commercial space mission to Chris Sembroski. Now we know. The New York Post reports:

Kyle Hippchen, 43, said he’s still struggling with the disappointment of learning that he could not claim his seat on the space flight last September since he weighs 330 pounds, above the 250-pound weight limit for the voyage.

“It hurts too much,” he said. “I’m insanely disappointed, but it is what it is.” 

Hippchen, a Florida-based captain for Delta’s regional carrier Endeavor Air, purchased about $600-worth of sweepstakes entries before he realized that he exceeded the weight limit.

With 72,000 entries in the random drawing last February, he didn’t believe he’d win.

Hippchen gave the ticket to his old college roommate Sembroski.

Shift4 Payments founder and CEO Jared Isaacman paid for the three-day orbital flight aboard a SpaceX Crew Dragon spacecraft in September. Sian Proctor and Hayley Arceneaux were also aboard the flight.

Southern Launch and TiSPACE Release VS01 Rocket Launch Footage

ADELAIDE, South Australia (Southern Launch PR) — Southern Launch and TiSPACE have today released footage from their maiden test launch attempt of the Hapith I launch vehicle from the Whalers Way Orbital Launch Complex.

The video features never-before-seen footage as the two companies worked collaboratively together to conduct Australia’s first commercial space launch attempt in over 50 years.

Lloyd Damp, Southern Launch CEO said, “We are thrilled to present this film to the public, to showcase the tremendous work of our launch teams. This launch campaign may not have taken Australia to space; however, it has provided our teams with valuable data and insights that will further refine our launch capabilities”.

Dr Yen-Sen Chen, TiSPACE Founder and CEO said, “With more test launches ahead, we shall soon journey into space, amongst other exciting achievements to come”.

Southern Launch and TiSPACE are planning to livestream future test launches from the Whalers Way Orbital Launch Complex.

Comtech Debuts New Satellite-Focused Business Lines

MELVILLE, NY (Comtech PR) — Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today that, in keeping with generational renewal cycles occurring across its core businesses, Comtech has established two business units focused on exploiting long-term and growing business opportunities in the satellite ground station market.

These two new business units, each of which will have its own agile and nimble business structure, will formalize and improve Comtech’s ability to serve U.S. and allied governments as a defense contractor and will facilitate the establishment of a major innovation center for Comtech’s growing commercial very-small aperture terminal (“VSAT”) platforms based in Canada. Daniel Gizinski and Dr. Vagan Shakhgildian have been appointed Presidents of two recently created U.S. and Canadian-based subsidiaries, respectively.

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KBR Selected as Primary Provider of Space Medicine Support to European Space Agency

HOUSTON, Jan. 31, 2022 (KBR PR) – KBR (NYSE: KBR) was selected to continue providing high-end astronaut medical support services for the European Space Agency’s (ESA’s) European Astronaut Centre (EAC) Space Medicine Office in Cologne, Germany.

Under the terms of the recompete contract, KBR will be the primary provider of space medicine support services to ESA, which is introducing a new service model. This work is scheduled to be performed over a three-and-a-half-year period.

A partner to ESA for more than 20 years, KBR’s major activities include astronaut medical care, engineering support, rehabilitation, fitness, project management, healthcare administration, psychology and behavioral health, nutrition, radiation, education coordination, and operational research.

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Thales Alenia Space to Provide State-of-the-Art Digital Processor for Korea’s GEO-KOMPSAT-3 Communications Satellite

GEO-KOMPSAT-3 satellite (Credit: ETRI)

MADRID, January 31, 2022 (Thales Alenia Space PR) – Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), announced today that it has signed a contract with the South Korean aerospace manufacturer and defense company, LIG Nex1 Co., Ltd., to provide a state-of-the-art Digital Processor for the GEO-KOMPSAT-3 communications satellite.

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Energomash Moves Forward on Developing Engines for Soyuz-5, Angara-A5M

Soyuz 5 launch vehicle

Translated by Google Translate

MOSCOW (Roscosmos PR) — General Director of the Research and Production Association Energomash named after Academician V.P. Glushko (part of the Roscosmos State Corporation) Igor Arbuzov, in an interview with the Roscosmos program Big Space, spoke about the results of the enterprise’s work in 2021.

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NASA Selects Relativity Space for Venture-class Acquisition of Dedicated and Rideshare (VADR) Mission

Rendering of Terran 1 rocket launching from potential future Vandenberg launch site. (Credit: Relativity Space)

LONG BEACH, Calif., January 27, 2022 (Relativity Space PR) – Relativity Space,  announced today that the company has been selected by NASA as one of 12 companies to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions, providing new opportunities for science and technology payloads and fostering a growing U.S. commercial launch market.

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Virgin Orbit Adds Distinguished Spaceflight Engineering Executive Amid Operations Scale Up

LONG BEACH, Calif., JANUARY 28, 2022 (Virgin Orbit PR) — Leading US-based space launch and space services company Virgin Orbit (Nasdaq: VORB) announced today the addition of industry leader Dr. Candace Givens as its new Vice President of Engineering. Dr. Givens joins the Virgin Orbit team as the company scales up its flight rate to accommodate high demand seen from commercial customers, the national security community, the international community, and NASA.

Dr. Givens joins a team that has uniquely demonstrated the ability to bring new technology to spaceflight and move it into regular launch operations—Having now completed their third commercial spaceflight and having deployed 26 satellites during the first 12 months of operations. In her role as Vice President of Engineering Dr. Givens will work closely with Virgin Orbit chief engineer and senior vice president of technology Kevin Sagis who has been instrumental in developing, proving and establishing the air-launched LauncherOne System. 

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Officials Provide Updates on Russian Lunar & Mars Missions, Radar Satellite Program

Luna 25 undergoes acoustics tests. (Credit: RSC Energia/Roscosmos)

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MOSCOW (Roscosmos PR) — On Wednesday, January 26, 2022, the Russian Academy of Sciences hosted the Council on Space, which was attended by representatives of the State Corporation Roscosmos and the Scientific and Production Association named after S.A. Lavochkin (Khimki).

Alexander Shirshakov, First Deputy General Director – General Designer of NPO named after Lavochkin, spoke about the progress of work on the creation of automatic interplanetary stations Luna-25 and ExoMars 2022. The Luna-25 apparatus, which is to go to the Moon in July 2022, is at the stage completion of ground experimental testing.

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Space 11 Corp. Announces Selection of Nanoracks as Partner for Outer Space Collaborations on Movies, TV Series and More

Space station concept (Credit: Space 11 Corp.)
  • Company Plans to Build and Deploy Space Station Designed for Entertainment and Film Production
  • Zero Gravity Fight Competition “Galactic Combat” Set Beyond Earth’s Atmosphere is First TV Series from Space 11

LOS ANGELES (Space 11 Corp. PR) — It was revealed today that Space 11 Corp, an aerospace company pioneering outer space entertainment productions including film, TV, sports and special events, founded by veteran movie producer Andrea Iervolino and run by its Vice President and Head of Operations, MMA legend and movie producer John Lewis, is developing a first-of-its-kind partnership with Nanoracks, a Voyager Space company, and the largest commercial user of the International Space Station.

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NASA Selects Spaceflight Inc. to Support Dedicated and Rideshare Missions

Spaceflight to provide launch services for VADR missions for science and technology payloads

SEATTLE, January 27, 2022 (Spaceflight Inc. PR) — Spaceflight Inc., the leading global launch services provider, was selected by NASA to provide launch services for the agency’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions. Spaceflight and 11 other companies selected will support missions designed to provide new opportunities for science and technology payloads and foster a growing U.S. launch market.

Spaceflight has a long-standing relationship with NASA, coordinating the launch of more than 20 payloads for the organization over the years. With more than a decade of experience providing comprehensive launch, mission management, and in-space transportation services, Spaceflight has launched nearly 400 satellites, ranging from CubeSats to a 700-kilogram satellite, across about 40 missions. In 2021 alone, Spaceflight launched 81 spacecraft across 11 different missions via a global launch vehicle network. 

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China’s Galactic Energy Aims to Ramp Up Production, Launches in 2022

Employees stand in front of a Ceres-1 rocket. (Credit: Galactic Energy)

Translated from Chinese via Google Translate

by Wang Yuqing
Galactic Energy Intern

At 12:13 on December 7, 2021, Galactic Energy successfully launched the Ceres-1 (Yao-2) carrier rocket from the Jiuquan Satellite Launch Center, and successfully sent five commercial satellites into a 500km sun-synchronous orbit. So far, Galactic Energy has become the first domestic commercial rocket company with the ability to launch multiple satellites with one rocket.

In 2022, Galactic Energy is about to usher in a large-scale launch, that is, 5-6 launch missions, achieving an annual production capacity of 24 rounds. This also means that the final assembly and testing department will face unprecedented challenges. How they will provide guarantee for Galactic Energy to successfully complete the large-scale launch, the focus of this week’s Galactic Magazine is on the final assembly and final testing team.

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