A coronavirus pandemic spending package introduced in the Senate this week would provide $1.5 billion in supplemental funding for NASA, although agency leadership says the exact amount of money the agency needs to cover its costs remains to be determined.
Global Eagle Entertainment, a provider of media services and satellite Wi-Fi to aircraft, boats and remote locations, filed for Chapter 11 bankruptcy protection July 22, citing the coronavirus pandemic’s impact on global travel.
Four months after closing centers because of the coronavirus pandemic, NASA has been able to keep its highest priority missions on track, even as others have suffered delays.
The European Commission slashed its space budget for the next seven years, agreeing to a maximum of 13.2 billion ($15.2 billion) focused mainly on continuing the Galileo and Copernicus satellite programs.
Three months after the coronavirus pandemic upended American society, there are signs of recovery. NASA is also taking the first initial steps back to normal operations.
Phasor Solutions, a company that ran out of cash trying to develop a phased array antenna for satellite communications, was purchased by Hanwha Systems, a South Korean defense company.
Three months after the coronavirus pandemic brought large swaths of the global economy to a near halt, Asia-Pacific satellite operators say they are still trying to identify a new normal.
Yuri Prokhorov, RSCC’s chief executive, said the company wants to have the satellites in orbit in 2024 to provide Ku-band coverage to Russia’s Far North.
COVID-19’s lesson for nuclear detonation warning is that satellite-based nuclear detonation detection broadcasts must be declassified now so that in the future they can be received directly by cellphones in time to save lives.
Rationalization of the startup landscape and the right sizing of company balance sheets is inevitable, paving the way for “Space 3.0,” which will see the profitable and sustainable exploitation of entirely new market opportunities, backed by a growing base of enlightened stakeholders.
Japanese ground station startup Infostellar announced $3.5 million in new funds April 29 from Airbus Ventures and other investors, but is seeking $1.2 million more by June as a bulwark against challenges stemming from the coronavirus pandemic.
The coronavirus pandemic is making it harder for Iridium to line up customers for its recently upgraded satellite constellation, but isn’t expected to reverse the company’s six-year annual growth streak, according to CEO Matt Desch.