Ovzon’s first fully owned satellite is ready to start commercial services following successful tests in geostationary orbit, the Swedish broadband operator announced July 5.

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NASA is just months away from closing off its data relay satellite fleet to new users in preparation for switching over to commercial alternatives.

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Saudi Arabia is stepping up efforts to become a major force in space as commercial activity in the industry rises across the Middle East.

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Sentinel-2C is ready to be shipped from Germany for a two-week trip across the Atlantic Ocean to the European spaceport in French Guiana, where Europe’s latest Earth science satellite is due to launch on the final flight of the original version of the Vega rocket.

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Bulgarian cubesat specialist EnduroSat announced plans July 3 to build Botswana’s first satellite in partnership with a university from the landlocked country in Southern Africa.

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Europe must improve how it allocates capital for the space industry to avoid missing out on the fruits of rising early-stage investments, the head of Luxembourg-based private equity firm NewSpace Capital has warned.

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Initial Project Kuiper broadband services have slipped into 2025, Amazon said June 27 amid plans to launch its first batch of production satellites on an Atlas V rocket in the last three months of this year.

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Starfish Space aims to extend the operational life of a geostationary Intelsat satellite in 2026 after reaching a deal for its first commercial servicing mission.

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Skynopy has raised $3.1 million to break into the ground satellite services market by leveraging underutilized infrastructure from constellation operators, the eight-month-old French startup announced June 24.

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SpaceX successfully launched Astra 1P for Luxembourg fleet operator SES June 20 toward geostationary orbit, where it is eventually due to replace four older broadcast satellites over Europe. 

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U.S. manufacturing giant Honeywell plans to buy defense electronics maker CAES for $1.9 billion to enhance its military hardware for space and other domains.

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FOSSA, a Spanish operator of tiny picosatellites, has secured funds for around 20 slightly larger cubesats to start offering full commercial connectivity services for remote monitoring and tracking devices.

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CesiumAstro, a startup specializing in phased array communications payloads, raised $65 million in a Series B+ investment round announced June 18.

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Spanish small satellite propulsion developer Ienai Space has raised 3.9 million euros ($4.2 million) to start demonstrating electrospray thrusters in low Earth orbit around the end of this year.

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Israel’s Gilat Satellite Networks announced plans June 17 to buy Stellar Blu Solutions, a Texas-based aircraft equipment integration specialist, in a deal worth up to $245 million to chase the emerging market for multi-orbit Wi-Fi on planes.

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Ovzon’s first fully owned satellite has reached its geostationary position after a five-month journey in space and passed initial health checks, the Swedish broadband operator announced.

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Global satellite industry revenue climbed 2% year-on-year to $285 billion for 2023, according to the Satellite Industry Association’s 27th annual space economy snapshot released June 13.

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German startup Vyoma has picked six-year-old Belgian venture Aerospacelab to build a second small satellite for its proposed space debris-monitoring constellation.

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Kongsberg NanoAvionics hopes to significantly expand its government business after appointing national security specialist Atle Wøllo to lead the Lithuanian small satellite builder.

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Kepler Communications has successfully tested optical inter-satellite links between a pair of data relay prototypes in low Earth orbit, the Canadian operator announced June 11.

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Yahsat ordered a pair of low Earth orbit satellites from Airbus amid a $1.1 billion program for its next two geostationary broadband spacecraft, the Emirati operator announced June 10.

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Planet’s first hyperspectral satellite is ready for launch to help push the Earth observation operator to profitability by early next year.

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The FCC has made a landmark foray into space debris enforcement but it’s unclear how it would translate greater visibility into action.

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Seraphim said the total value of early-stage space investments in its publicly traded trust increased 1.4% to 201 million pounds ($257 million), despite a hit from debris removal venture Astroscale’s discounted initial public offering.

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