Author: Mark Holmes
April 19, 2024
Apogeo Space, an Italian space company, is teaming up with Korean launch company Innospace as looks to launch and complete its IoT picosatellite constellation by 2027. Apogeo Space aims to create Italy's first private satellite constellation to provide telecoms services for IoT devices. The deal was announced April 18. The deal with Innospace sees Apogeo…
April 18, 2024
Orbex, the U.K. rocket company, received 16.7 million pounds ($20.8 million) in funding from a group of six significant investors in an update to its Series C funding round. Investors involved in the deal include 10.5 million pounds ($13 million) of follow-on investment from the Scottish National Investment Bank, venture capital firms Octopus Ventures, BGF,…
April 17, 2024
The UK Space Agency (UKSA) is going to bring further financial assistance to U.K- based space startups. It is launching a 8 million pound ($9.95 million) Space Portfolio within the UK Innovation and Science Seed Fund (UKI2S), managed by Future Planet Capital. The Space Portfolio aims to address a crucial funding gap that early-stage space…
April 16, 2024
Intelsat has secured two new broadcasting deals in Latin America. It will manage broadcast distribution services for MVS Television in Mexico and Caracol Television in Colombia. Intelsat announced the two deals, April 15. Under the agreement with MVS Television, the company will send content to several of Intelsat’s Points of Presence (PoPs) where it enters…