The Pulse
Space Insider
Making Space accessible through data, industry insights & market intelligence
Happy Friday Space Enthusiasts!
Please read below -- and check out Space Impulse as well -- to review the most interesting space industry and science news that showcase how scientists and engineers are leveraging the power and resources of space to solve problems on Earth.
From agriculture, the insurance sector, through maritime and infrastructure, Earth observation satellites even help mitigate problems arising from climate change on our planet. Space-based research in microgravity environments improve healthcare, while numerous scientific experiments and technical demonstrations give us deeper understanding of the world surrounding us as well as making everyday life easier for us.
With his eyes set on “Space for Earth” and the future of biotechnology, Mark Kugel, Co-founder of Yuri, is pioneering a revolution in space research. As we discuss Yuri’s projects, Kugel’s passion for the cosmos is palpable – a fascination that dates back to his youth.
NASA’s OSIRIS-REx team successfully landed a capsule of rocks and dust collected from asteroid Bennu. The capsule was transported by helicopter to a temporary clean room set up in a hangar on the training range, where it now is connected to a continuous flow of nitrogen. The returned samples will help scientists worldwide make discoveries to better understand planet formation and the origin of organics and water.
Yahsat’s government services arm, Yahsat Government Solutions, has received from the UAE Government an Authorization to Proceed to provide satellite capacity and managed services for 17 years. This mandate, valued at AED 18.7 billion (USD 5.1 billion), combines related operations, maintenance and technology management services of ground segment satellite systems and terminals currently provided under a separate contract. Under the new mandate Yahsat will provide the Government with secure and reliable satellite capacity and related managed services.
Sierra Space has closed a US $290 million Series B funding round. Round is co-led by a Japanese strategic partnership comprising MUFG Bank, Kanematsu, and Tokio Marine & Nichido Fire Insurance; expands Sierra Space global partnership network. Also includes investment by General Atlantic, Coatue, Moore Strategic Ventures & Sierra Holding Company with participation from funds and accounts managed by BlackRock Private Equity Partners, AE Industrial Partners and Vice Family Trust. Sierra Space increases total investment to US $1.7 billion; industry record for combined Series A and B raises. Company achieves US $5.3 billion valuation in closing US $290 million Series B funding round; Sierra Space also has US $3.4 billion in active contracts.
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Xage Security Gov received a US $17 million contract awarded by U.S. Space Force’s Space Systems Command (SSC) to offer its zero trust access control and data protection across SSC’s current and next-generation ground and space architectures. Zero trust is a high priority Department of Defense (DOD) cybersecurity strategy that can reduce attack surfaces, block attacks, and enable risk management to quickly contain and remediate adversary activities. Xage’s zero trust-based cybersecurity mesh provides unique protection to U.S. critical infrastructure against emerging cyber challenges.
Primo Space and CDP Venture Capital SGR?reaffirm their confidence in the potential of Sidereus Space Dynamics with a collective Seed+ investment of €5.1 million. This capital injection aims to propel the company into the pre-flight and flight test phases preceding its experimental orbital launch campaign. Building on the success of its initial prototypes and tested subsystem technologies, the funds from this round will allow Sidereus to expand its team as well.
Eutelsat Communications announced the completion of its all-share combination with OneWeb, following the approval today at the Ordinary and Extraordinary General Meeting of Eutelsat shareholders. This combination forms Eutelsat Group. Eutelsat Group becomes the first GEO-LEO integrated satellite group, transforming space communications and addressing the fast-growing connectivity market.
The UK Space Agency has announced up to ￡65 million (US $79.59 million) of funding for ground-breaking innovations that could boost UK leadership in space technologies and applications. The National Space Innovation Programme (NSIP) will support high-risk, high-reward projects designed by British organisations. NSIP funding will be split between major projects and kick starter funding.
Satellites' primary task is to gather and disseminate information, forming an intricate constellation of data exchange that galvanizes the world’s communication networks. Indeed, the process of satellite communication—particularly how they interact with each other—is revolutionary in its own right. Following the Memorandum of Understanding signed between Intelsat and Aalyria to advance multi-orbit connectivity, and the cooperation announcement between Skyloom and Satellogic to use optical communications for Earth observation data delivery, this article aims to shed light on this fascinating process.
Interested in Deep Tech? Check out?The Metaverse Insider?and?The Quantum Insider?to take your knowledge of deep tech farther and even deeper.