Satellite builder Thales Alenia Space on Sept. 2 said it had signed a contract with the Italian government to build one of the two planned next-generation radar reconnaissance satellites and to purchase the needed equipment for the second.
European suppliers of satellite navigation chipsets, user terminals and related services said they risk being overrun by U.S., Chinese and Russian competitors, all of which benefit from government support.
Inmarsat confirmed that the satellite was healthy and had been placed in the correct super-synchronous transfer orbit 15 hours and 31 minutes after the launch from Russia’s Baikonur Cosmodrome in Kazakhstan.
AsiaSat blamed market conditions and slow licensing approvals for two new satellites for an 8 percent sales drop for the six months ending June 30.
Emerging companies in the space industry, ranging from launch vehicle developers to satellite services providers, have raised more than $2 billion from investors since 2012, although the vast majority of that funding came from just two deals earlier this year.
The U.S. Air Force will award SpaceX $1 million to study the ins and outs of mating national security satellites to the company’s Falcon 9 rocket.
Boeing Co. on Monday told its workers that it expected to cut as many as "several hundred" jobs in its satellite business through the end of 2015 due to a downturn in U.S. military spending and delays in commercial satellite orders.
Commercial space transportation company Blue Origin said Aug. 24 that it will make an announcement in Florida in September widely believed to be linked to proposals to build and launch rockets from there.
To keep up with growing demand, Hispasat plans to expand its fleet of seven satellites now in orbit to 10 in 2017.
Europe’s Ariane 5 heavy-lift rocket on Aug. 20 launched two commercial telecommunications satellites in the vehicle’s 67th consecutive success and the fourth of six missions planned for 2015.
Having delayed the award of follow-on Commercial Resupply Services (CRS) contracts until at least November, NASA is considering ordering more International Space Station cargo deliveries from Orbital ATK and SpaceX, both of which had already quietly hauled in additional orders under CRS deals signed in 2008.
Satellite fleet operator Avanti Communications Group of London closed a combined debt and equity financing deal that netted $136.3 million.
NASA ordered two more cargo deliveries to the International Space Station from Orbital ATK under a 2008 Commercial Resupply Services (CRS) contract, a company spokeswoman said Aug. 12.