Month: May 2021

UK-based terminal developer Isotropic Systems received an investment of more than 18.5 million euros ($22.5 million) from the UK Space Agency to co-fund the company’s activity in the European Space...

South Korean defense company Hanwha Systems Co. (HSC) has received U.S. regulatory approval for its $30 million investment into Kymeta Corp., allowing the companies to move forward to close the...

Lockheed Martin and General Motors are working together to develop lunar rovers that could be used to help astronauts explore the surface of the Moon. The companies said the collaboration,...

SpaceChain and Eurasian Space Ventures (ESV) have extended their collaboration and will look to develop joint projects in the field of space and blockchain technologies. The two companies announced a...

The global space economy will provide a cumulative space and satellite market revenue opportunity of more than $1 trillion over the next 10 years. There is an expanding need for...

Despite signs of a cooldown in the month of April 2021, the recent boom in special purpose acquisition companies (SPACs) public offerings has put this innovative financial mechanism under the...

Now in its fifth year at the SATELLITE conference and exhibition, the Startup Space entrepreneur pitch contest has become both a must-win for the aerospace industry’s new entrants and a...

The satellite industry is bullish on the In-Flight Connectivity (IFC) market. While aviation has had a tough time since the COVID-19 pandemic started, there are high hopes for a return...

COVID-19 has had a particularly devastating impact on the aviation industry, with travel restrictions and stay-at-home orders resulting in the widespread grounding of aircraft around the world. Airlines have lost...

U.S. Defense Department agencies are working with a who’s-who of military contractors, commercial satellite operators, and technology companies to finally demonstrate the feasibility of a proliferated constellation of satellites in...