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SES bets more than $1 billion that Boeing satellites can lure Amazon Web Services et al
PARIS— Satellite fleet operator SES’s seven-satellite contract with Boeing is valued at about $750 million and is the centerpiece of a total investment exceeding $1 billion that includes major new spending on ground terminals and gateway antennas, industry officials said. The O3b mPower...
AMC-9 satellite builder says ‘there’s absolutely no sign’ of an in-orbit breakup
UPDATE SEPT. 19: ExoAnalytic Solutions, in response to this story, said: We stand by our previous video and data. We will be releasing an enhanced video and a scientific paper this week at the AMOS [Advanced Maui Optical and Space Surveillance Technologies conference. PARIS — On June 17,...
ArianeGroup lays out transition to Ariane 6, phase-out of Ariane 5 and Soyuz
PARIS — Europe’s ArianeGroup plans to launch just one new-generation Ariane 6 rocket in 2020 — the lighter-version Ariane 62 — and will wait until mid-2021 to start operations of the commercial workhorse, the heavier-lift Ariane 64, under a schedule presented to Ariane users. Under a scenario...
Seraphim Space Fund closes at $91M, invests in U.S., Finnish geospatial satellite companies
PARIS — With satellite fleet operator SES joining its investor team, Seraphim Capital passed the $90-million mark for its Seraphim Space Fund and closed it with the announcement of two initial investments in Spire Global and Iceye Oy. London-based Seraphim is no longer the outlier it appeared to...
Spaceflight, Thales Alenia Space to jointly develop BlackSky geospatial-imagery satellites
PARIS — The investment and joint-venture agreement between Spaceflight Industries and both Thales Alenia Space and Telespazio values Spaceflight’s BlackSky geospatial services provider at around $80 million, industry officials said, and satisfies both sides’ long-held goals. For Seattle-based...
Interview: Intelsat CEO Stephen Spengler
PARIS — Intelsat Chief Executive Stephen Spengler skipped the annual Euroconsult World Space Business Week conference — a Goldman Sachs conference took precedence — but his company nonetheless was a topic of conversation. The drama of Intelsat’s leverage — you’re welcome, private equity — and the...
Interview: Magnitude Space CEO Ernst Peter Hovinga
PARIS — Dutch IoT/M2M satellite connectivity startup Magnitude Space has signed an MoU with mobile satellite services provider Iridium Communications to investigate how their complementary constellations might work together. Magnitude expects to start commercial service in 2018 with just one or...
Boeing wins SES contract to build second-generation O3b satellite constellation
PARIS — Satellite fleet operator SES has awarded Boeing a contract to build seven satellites as part of SES’s second-generation medium-Earth-orbit constellation, formerly known as O3b, according to industry officials. The selection of Boeing Satellite Systems International is a blow for O3b’s...
U.S. regulators propose to relax satellite constellation in-service, coverage rules
PARIS — U.S. regulators propose to relax requirements for satellite constellations in non-geostationary orbit to give them more time to deploy their systems, and to permit networks that focus on specific geographic areas and do not cover all U.S. territory. But they remain undecided about how to...
Iridium, eyeing low-cost end of IoT/M2M, enters MoU with start-up Magnitude Space
PARIS — Mobile satellite services provider Iridium Communications has signed an MoU with a startup Dutch company planning a constellation of low-cost, narrowband satellites for IoT/M2M applications, whose first satellite is scheduled for launch in early 2018. For now, Iridium’s relationship with...
22 startups, all with $1 million or more in the bank, selected as FinSpace Awards finalists
PARIS — Twenty-two startup space companies, each having raised $1 million or more, have been selected as finalists in competition for “most promising” in terms of growth opportunities, with the five winners to be announced Sept. 11. The FinSpace Awards, organized by the space-industry consultancy...
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