Latest News

Luxembourg Approves Funding for Access to SES O3b mPOWER 
Luxembourg’s Parliament approved funding for a new program for the country to acquire services from SES’s O3b mPOWER for 10 years.  Thursday’s news marks the approval of the Medium Earth Orbit (MEO) Global Services (MGS) program announced earlier this year. It is valued at €195 million ($213 million) over 10 years, and gives Luxembourg and...
Government/Military
Luxembourg Approves Funding for Access to SES O3b mPOWER 
Comtech and E-Space to Partner on Communications Solutions 
Comtech and E-Space have a new agreement to work together to deliver communications solutions and IoT services to support government and targeted commercial customers.  E-Space is building a satellite constellation for IoT connectivity that it says will resemble terrestrial communications network capabilities. The companies said in a Wednesday announcement that this agreement will combine Comtech’s...
Technology
Comtech and E-Space to Partner on Communications Solutions 
Forsway Appoints Bengt Jonsson as Chairman
Forsway has appointed Bengt Jonsson as its new chairman, the company announced June 14. A long-time investor with strong roots in Forsway, Jonsson previously served as managing director of the company. Jonsson takes over from Mats Andersson, who served as chairman for nine years. The company, which has been going almost 20 years, aims to...
Finance
Forsway Appoints Bengt Jonsson as Chairman
Tomorrow.io Raises $87M in Series E Round
Tomorrow.io announced an $87 million Series E funding round, along with the successful launch of its second satellite on this week’s SpaceX rideshare mission. Activate Capital led the round for the weather intelligence startup, and new investors include RTX Ventures, Seraphim, and Chemonics.  Existing investors SquarePeg Capital, Canaan, ClearVision, JetBlue Ventures, and Pitango participated as...
Finance
Tomorrow.io Raises $87M in Series E Round
Terran Orbital Hires Virgin Orbit Exec Tony Gingiss as COO 
Terran Orbital has hired Tony Gingiss as the company’s new COO, snagging the executive after Virgin Orbit’s bankruptcy.  Gingiss has a long career in the space industry including more than two decades with Boeing Satellites Systems and Airbus OneWeb Satellites, which he led as CEO. Gingiss was COO of Virgin Orbit and had been with...
Finance
Terran Orbital Hires Virgin Orbit Exec Tony Gingiss as COO 
Viasat’s Rick Baldridge to Retire 
Viasat’s former CEO Rick Baldridge is retiring from his role as vice chairman with the completion of the Inmarsat acquisition, and will remain on the company’s board of directors.  Baldridge is a longtime executive at Viasat and served as CEO for about a year and half while founder Mark Dankberg stepped away from the role....
Finance
Viasat’s Rick Baldridge to Retire 
SpaceX Delivers 72 Spacecraft to Orbit in Transporter-8 Rideshare Mission
SpaceX delivered 72 spacecraft to orbit on Monday in the Transporter-8 launch, its eighth mission in its dedicated smallsat rideshare program. The Falcon 9 mission launched from Space Launch Complex 4E at Vandenberg Space Force Base in California at 2:35 p.m. PT on June 12.  It was SpaceX’s second launch in one day, after SpaceX...
Launch
SpaceX Delivers 72 Spacecraft to Orbit in Transporter-8 Rideshare Mission
UNIO Hires Frederic Baker as CTO 
New European startup UNIO has hired Frederic C. Baker as CTO. He will lead the architecture build-out of the company’s commercial satellite constellation focused on the automotive and mobility sector. Baker has held roles in the past with the European Space Agency, Ball Aerospace, and LeoSat. Most recently, Baker worked with space debris removal company...
Finance
UNIO Hires Frederic Baker as CTO 
Airbus Ventures Invests in Zero-Error Systems Building Semiconductor Solutions for Space
Singapore-based startup Zero-Error Systems (ZES) has closed an oversubscribed $7.5M Series A funding round, with participation from Airbus Ventures. The company specializes in semiconductor solutions for space and power management applications. The funding round announced Monday also included participation from the Dart Family Office.  ZES was founded in 2019 as a university spin-off from Nanyang...
Finance
Airbus Ventures Invests in Zero-Error Systems Building Semiconductor Solutions for Space