18 August 2022

• R3-IoT now named Krucial, representing the importance of making digital transformation available for all, no matter location or conditions
• Launch of flagship product Krucial CONNECT, which connects smart devices anywhere on earth regardless of infrastructure or conditions, already garnering worldwide interest 

GLASGOW, Scotland (Krucial PR) — Satellite-enabled connectivity scale-up R3-IoT has announced a bold, forward-looking full rebrand as Krucial and officially launched its game-changing new flagship product, Krucial CONNECT, to market.

• Space debris is a major threat to the satellite services we rely on
• 13 projects involve industry and academia across the UK

SWINDON, UK (UK Space Agency PR) — The UK Space Agency is providing £1.7 million [US $2.3 million] for new projects to support sustainable space operations, Science Minister George Freeman announced today.

The 13 new projects will help track and remove dangerous debris in space. They include an AI-based tool which can take autonomous action to avoid a collision and another which will see multiple small spacecraft fired at debris before taking it into the atmosphere to dispose of it.

SWINDON, UK (UK Space Agency PR) — Trailblazing technology that will help tackle climate change and predict global disasters using satellites is receiving new funding from the UK Space Agency.

Eleven UK organisations have been awarded a share of just under £7 million of government funding to put into action the latest advances in space innovation. The majority of the projects focus on climate change or environmental management, with others designed to secure our telecommunication systems and protect digital infrastructure against cyber-attacks.

UPPSALA, Sweden, November 9, 2011 (AAC Clyde Space PR) — AAC Clyde Space and its partners, have successfully completed the first phase of the xSPANCION project with a successful Preliminary Design Review, conducted jointly with the European Space Agency (ESA). Together with the partners, the company has agreed to accelerate the project by kicking off the Spacecraft Manufacturing Preparation Phase. To achieve this, a Phase 2 has been introduced to the project valued at 5.6 MEUR (approx. 57.3 MSEK), of which the UK Space Agency, through the ESA’s Pioneer Partnership Projects, will contribute 2.8 MEUR (approx. 28.7 MSEK).

The 3-year project, previously announced 18^th November 2020 by AAC Clyde Space aims to develop an innovative satellite constellation service. The total 19.7 M€ (approx. 201.7 MSEK) project is co-funded by the UK Space Agency, through ESA’s Pioneer Partnership Projects, with 9.9 M€ (approx. 100.9 MSEK).

Seed investment round set to accelerate the company’s international growth strategy in Europe and North America, where its already seeing strong demand.

GLASGOW, Scotland (R3-IoT PR) — Satellite-enabled connectivity start-up, R3-IoT is gearing up for international expansion after closing a £3.1million ($4.3m) seed investment round led by US-based VC Space Capital, joined by the Scottish National Investment Bank.

Other investors include the University of Strathclyde, alongside North American-based Ryan Johnson, former CEO of BlackBridge, Nathan Kundtz, CEO of Rendered.ai, and Loren Padelford, former GM of Revenue at Shopify. Scottish Enterprise also become shareholders and continue to support the company.

21 UK organisations have been awarded a share of over £7 million of funding to put the UK at the forefront of the latest advances in space innovation

SWINDON, UK (UK Space Agency PR) — The cash injection is going to high-risk, high-reward projects that support companies and universities with radical ideas for how we tackle climate change through Earth Observation or address satellite communications challenges, from providing greater connectivity to remote places to increasing the efficiency of our homes.

Projects set for the cash boost include The Open University who will use the money to create the UK’s first Precision Forestry tool, TreeView, which will support efforts to tackle the climate emergency through detailed measurement of tree-planting initiatives aimed at increasing carbon dioxide removal.

Seven UK companies have been awarded a share of over £1 million [$1.3 million] to help track debris in space

• Currently there are approximately 160 million objects in orbit – mainly debris – which could collide with satellites vital to services we use every day
• UK Space Agency and Ministry of Defence sign formal agreement to work together on monitoring threats and hazards in orbit

SWINDON, UK (UK Space Agency PR) –Seven pioneering projects which will develop new sensor technology or artificial intelligence to monitor hazardous space debris, have been announced today by the UK Space Agency.

NEWPORT, Wales (UK MOD PR) — Defence Minister Anne-Marie Trevelyan has announced a £1.5 million [$1.85 million] investment in 12 ground-breaking space innovation projects.

The announcement marks the next step in the Defence Science and Technology Laboratory’s (Dstl) ‘Space to Innovate’ competition, which sought to find and fund new technologies that could improve the UK’s resilience, awareness and capability in space.

The competition, run on behalf of Dstl by the Defence and Security Accelerator, the MOD’s innovation hub, received more than 60 bids from innovators around the world.

GLASGOW, Scotland (University of Strathclyde PR) — Technology for the removal of satellites from space is to be developed in a €2.8 million project involving the University of Strathclyde.

The (TeSeR – Technology for Self-Removal of Spacecraft) programme, led by Airbus Defence & Space, with funding from the European Commission, will carry out initial research for the development of a prototype of a cost-efficient but highly-reliable removal module.

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CLYDE SPACE PR — Clyde Space has been awarded funding for two advanced space technology development projects. The projects are joint developments; the first with the Advanced Space Concepts Laboratory at University of Strathclyde and the second with Mars Space Ltd in Southampton. These projects are part of the UK Space Agency’s National Space Technology Programme (NSTP) where twenty-nine projects are receiving grant funding to develop commercial products and services using space technology or space-derived data and are part of the ‘Space for Growth’ competition lasting between 6 and 9 months.

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