The Pulse
Space Impulse
Making Space Technology accessible through media, news, insights and data
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.
The House Committee on Science, Space, and Technology passed two significant bills which advance our leadership in quantum sciences and strengthen our commercial space sector. The purpose of the Commercial Space Act of 2023 is to modernize government oversight of commercial space activities. The Act also works to ensure that the U.S. remains the world leader in commercial space activities.
The United States, United Kingdom and Australia announced a trilateral initiative called the Deep Space Advanced Radar Capability (DARC) today following the signing of a Memorandum of Understanding in September. The memorandum of understanding between the three countries will last 22 years. DARC offers higher sensitivity, better accuracy, increased capacity and more agile tracking than current radars capable of tracking objects in Geosynchronous Earth Orbit.
SatixFy received written notice from the NYSE American LLC (“NYSE American”) stating that the Company is not in compliance with the continued listing standards. Generally, Section 1003(a) of the Company Guide requires companies to have a minimum stockholders’ equity of US $2,000,000 in 2 of its 3 most recent fiscal years. In order to maintain its listing, the Company must submit a plan of compliance within a 30 day deadline after its receipt of the notice addressing how it intends to regain compliance with the applicable listing standards by May 30, 2025.
Kreios Space and Elecnor Deimos announce a Memorandum of Understanding to jointly develop and commercialize the world’s first commercial satellite designed to operate indefinitely in Very Low Earth Orbits (VLEO). Deimos will design the satellite platform to integrate Kreios Space’s ABEP propulsion system. This will be the world’s first commercial satellite platform capable of operating indefinitely in very low Earth orbits (VLEO).
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Aalyria has been awarded a development contract with the European Space Agency (ESA), supported by the UK Space Agency (UKSA), to help unlock new 5G/6G Terrestrial (TN) and Non-Terrestrial Network (NTN) capabilities. The project aims to develop a first-of-its-kind O-RAN compliant orchestration system that can stitch together disparate connectivity assets. Aalyria UK will serve as a hub for innovation, collaboration, and the development of world-class technologies, as the company works to establish Europe as the center of its 5G TN/NTN business.
Uzma and Satellogic announced a groundbreaking collaboration aimed to evolve the landscape of satellite imagery capabilities and geospatial services in Southeast Asia. The agreement includes leveraging a state-of-the-art EO satellite designed and manufactured by Satellogic. Uzma will leverage access to high-temporal and high-resolution satellite imagery from Satellogic’s commercial fleet of sub-meter resolution EO satellites, which is the largest in the world.
NorthStar Earth & Space has closed a CA$20 million (US $14.71 million) Series D funding round with investments from Telesystem Space Inc., the government of Quebec, and the Luxembourg Future Fund – Co-Investments SA. Funds will support the company’s on-going operations to deploy the initial block of four satellites of NorthStar’s constellation to monitor space from space. NorthStar’s near-synoptic coverage of Earth orbits will help Space Sustainability.
Northrop Grumman’s board of directors has authorized an additional US $2.5 billion for the repurchase of the company’s common stock, increasing the outstanding authorized amount to approximately US $3.8 billion. Share repurchases will take place from time to time, subject to market conditions and management’s discretion, in the open market or in privately negotiated transactions.
OurSky has closed US $9.5 million in seed funding led by Upfront Ventures and Venrex Investment Management alongside Oceans Ventures, Marlinspike Partners, and Embedded Ventures. The Los Angeles-based startup provides real-time observational data and analysis of objects and activities in space via its software platform and global array of telescopes. OurSky is on track to become the largest telescope network in the world, making the cosmos more accessible than ever before.
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