DoD Releases Unidentified Aerial Phenomena Report
Through 60 Minutes, Congress, and incremental declassification, American citizens have been treated to a closer look into what the US government’s “aliens(???)” desktop folder looks like. Driving the news: The intelligence community’s (IC) quest to understand elusive UFO-esque unidentified aerial phenomena (UAP) sightings has borne fruit. Those fruits, though, don’t offer any conclusive evidence of…
Uncertain Future Hangs over Esrange Inauguration
The Swedish Space Corporation completed the inauguration of its Esrange orbital launch facility today with a ribbon-cutting ceremony. The ceremony was attended by Swedish and European dignitaries, including the King of Sweden, Carl XVI Gustaf; President of the EU Commission, Ursula von der Leyen; and Swedish Prime Minister Ulf Kristersson. The trio concluded the short…
JWST and TESS Spot Rocky, Earth-like Exoplanets
JWST has confirmed its first exoplanet—and it’s a good one. Using the NIRSpec (Near-Infrared Spectrograph) instrument aboard the orbiting telescope, scientists identified an exoplanet (i.e., a planet in a star system besides our own) in the LHS 475 star system that’s about as similar to Earth as any we’ve found. The planet, called LHS 475…
Aerospace, Defense M&A Sees Second Busiest Year Ever
2022 was the second largest year of ADG deal-making on record, according to a comprehensive analysis published Wednesday by market intelligence firm HigherGov. BTW…ADG = aerospace, defense, and government, and M&A = mergers and acquisitions. With this one simple trick—using ADG and M&A rather than writing the phrases out in full—we’ve given you seconds of…
EU Lends SES $323M for Trio of Broadcast Satellites
Yesterday, the European Investment Bank (EIB) announced that it will lend €300M (~$323M) to Luxembourg-based SES to finance a trio of broadcast satellites that will serve Western Europe, Africa, and the Middle East. It’s the largest investment the EU’s investing arm has made to date into a Luxembourg-based company. ESA head Josef Aschbacher has repeatedly…
Astranis Taps Doug Abts to Scale Commercial Sales
Doug Abts is joining Astranis’s C-suite as its new chief commercial officer. Abts, a former Navy SEAL and grad of Harvard Business School, comes to Astranis by way of Viasat, where he was GM of the publicly traded company’s in-flight connectivity (IFC) business. Abts grew Viasat’s IFC biz into a “multi-hundred million dollar in annual…
Roscosmos to Send Replacement Soyuz Capsule to ISS
A lifeboat for members of the ISS crew is on the way. A Roscosmos investigation of a leak in the Soyuz MS-22 spacecraft found that the ship is unsafe to use for a ride home, and the agency announced this morning that it will send an uncrewed Soyuz to the station to use instead. What…
Exclusive: Quub Emerges from Stealth Mode, Announces Two Air Force Contracts
Today, satellite startup Quub emerged from stealth mode with two Air Force contracts in tow. Pronounced like “cube,” the Lancaster, PA-based startup bills itself as a “data company,” placing an emphasis on the value of its eventual downstream analytics products. But don’t get it twisted—Quub is taking a verticalized approach to Earth observation (EO) and…
Exclusive: Magnestar Raises $1.1M for RF Interference Tracking
Magnestar, a new startup based in Toronto, has raised a $1.1M pre-seed round to kickstart the development of a platform to help satellite operators predict and avoid potential radiofrequency (RF) interference. 1862 Capital, the Business Development Bank of Canada, BoxOne Ventures, and Entrepreneur First participated in the round. With its platform, Magnestar hopes to give…
2022 Orbital Launches, by Country
Here’s our official graphs of launches by country in 2022, along with a look back at activity for the seven years prior. These visualization stands on the shoulders of a giant, Jonathan McDowell, who did great work in cataloging space activities in 2022. The increase in the US’ number of launches can primarily be attributed…
Historic Virgin Orbit UK Launch Ends in Failure
Virgin Orbit’s historic first launch from the Spaceport Cornwall in the United Kingdom, Start Me Up, failed to reach orbit on Monday evening. Shares of Virgin Orbit ($VORB) were off by as much as 22% in pre-market trading on Tuesday morning. What happened? Virgin Orbit reported that LauncherOne had reached space, but the webcast’s mission…
Exclusive: Euroconsult Values 2022 Space Economy at $464B
In its flagship Space Economy Report published this morning, Paris-based Euroconsult finds that the space market grew 8% in 2022. This report is the gold standard for market intelligence on the end-to-end space economy, from upstream manufacturers to downstream service providers and end users across civil, military, and commercial space. The space value chain… …as…
