Manufacture
May 30, 2023
Canadian satellite operator Telesat announced Tuesday that it contracted Space Flight Laboratory (SFL) to build a new demonstration satellite named LEO 3, providing its first update on the development of its Lightspeed LEO constellation since announcing its Q1 results earlier this month. Telesat said it was decommissioning the Phase 1 LEO satellite it launched in…
May 19, 2023
Inmarsat has ordered three small Geostationary Orbit (GEO) satellites from Swissto12 for the eighth-generation of its L-band network. The three I-8 satellites will be based on Swissto12’s HummingSat satellite platform that is about five times smaller than a conventional GEO satellite at just 1.5 cubic meters in volume. It includes the company’s proprietary technique that…
May 19, 2023
German space startup Reflex Aerospace has booked a slot on a SpaceX mission to launch its demonstration satellite in fall 2024. Reflex also expanded its seed funding round with a 1.75 million euro ($1.9 million) investment from existing investors and Bayern Kapital through its EFRE Bayern innovation fund. Reflex now has nearly 9 million euros…
May 16, 2023
Terran Orbital recorded record revenue of $28 million in the first quarter of 2023 and a new 16-satellite deal, but the company is burning through cash quickly. The manufacturer announced its Q1 financial results on Monday, news of a new $87 million award to manufacture 16 Low-Earth Orbit (LEO) satellites for a new, unnamed customer. …