Astroscale buys struggling satellite life-extension startup Effective Space: Series E funding round to test investor reaction

by Peter B. de Selding

UPDATE Sept. 4: This story was updated to reflect the closing of the acquisition of Effective Space Solutions (ESS) by Astroscale U.S. Inc. and Thaicom's announcement that it terminated its contract with ESS prior to the Astroscale purchase.

PARIS-- Astroscale U.S. closed the acquisition of Effective Space Solutions (ESS), keeping the company’s Israel-based technology center and renaming it Astroscale Israel Ltd., now a subsidiary f Astroscale U.S.

The company issued the following statement on Sept. 3 in response to questions about its satellite . . .

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