Focus: In-Space Services
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 22, 2024
Astroscale secured $15 million to support the final phase of its End-of-Life by Astroscale-Multiple (ELSA-M) in-orbit demonstration. The contract from the UK Space Agency (UKSA) and the European Space Agency (ESA) is another key milestone for the company. It was announced July 22. The funding was released following the securing of the contract with Eutelsat…
July 19, 2024
Thales Alenia Space recently received contracts for space-based carbon monitoring and an in-orbit capture and inspection service, both supported by the France 2030 national investment plan. On July 18, Thales announced a deal with French space agency CNES and Bpifrance to lead a consortium along with Magellium Artal Group to demonstrate an in-orbit capture and…
July 10, 2024
Redwire Space and Phase Four have a new strategic cooperation to jointly develop Hall effect thrusters (HETs). The companies announced Tuesday they are developing the Valkyrie System family of propulsion systems based on the NASA-designed H71M Hall effect thruster. The Valkyrie system will be designed to be re-programmable after launch; provide multiple set-points for optimization;…