Author: Mark Holmes
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…
April 15, 2024
Ovzon has received its first Spanish renewal for its Satcom-as-a-Service. Its Spanish partner Aicox has renewed for a further six months, and the extension will mainly be delivered during the first half of this year. Ovzon announced the deal April 12. Ovzon’s Satcom-as-a-Service Plus solution is a fully integrated solution that includes satellite bandwidth, Ovzon…