Space Economy
July 26, 2024
Former Made in Space and Redwire leaders Andrew Rush and Michael Snyder are launching a new venture Star Catcher Industries to build the first power grid in space to bring more power to satellites in Low-Earth Orbit (LEO). Star Catcher announced a $12.25 million seed round on July 24, led by Initialized Capital and B…
July 17, 2024
Japanese satellite manufacturer Axelspace is debuting a new service for in-orbit demonstration of space components, called AxelLiner Laboratory or AL Lab. The service allocates space on Axelspace’s 100 kg-class microsatellites to customers for their in-orbit demonstration equipment. Axelspace said that the Japan Aerospace Exploration Agency (JAXA) has provided in-orbit demonstration opportunties through the Innovative Satellite…
July 1, 2024
The world of commercial space exploration is in its early stages and likely to see significant progress over the next decade. One European venture, The Exploration Company (TEC), aims to be a leader here. The company designs spacecraft and produces space capsules. Its first small capsule, Bikini, will soon launch on the inaugural Ariane 6…
June 28, 2024
MDA Space has won a large new contract worth around $730 million from the Canadian Space Agency (CSA) for the for the next phases of the Canadarm3 program, an advanced space robotics system. Canadarm3 will be used aboard Gateway, a multinational collaboration led by NASA to establish a space station in lunar orbit to support…