French startup Exotrail raises $13 million for propulsion, space software and on-orbit transport systems
Exotrail, a French startup that builds electric propulsion systems and designs flight software for smallsats, has raised 11 million euros ($13 million) from investors, the company announced July 16.
French Internet of Things startup Kinéis has raised 100 million euros ($110.5 million) from private and public investors to fund a constellation of 25 cubesats.
A cubesat launched Dec. 18 is testing hardware from French component makers jockeying for smallsat constellation work.
An expanding U.S. civil space budget is a main force behind recent growth in government space spending, but new civil space expenditures in Asia, the Middle East and Africa also contributed.
Sometimes, even when you’re No. 1, it pays to follow another’s lead. A case in point is the French Government’s recent announcement to develop bodyguard spacecraft to protect its satellites against Russian and Chinese robotic spacecraft capable of rendezvous and proximity operations.
European launch provider Arianespace completed its final launch of the year Dec. 19, sending the French spy satellite CSO-1 into orbit on a Soyuz ST-A rocket.
Spacecraft manufacturers have complained of stress on their supplier base as operators purchase fewer traditional geostationary satellites. One company in France is bucking that trend, however.
The French space agency CNES has agreed to allocate an additional 10 million euros ($11.7 million) to further the economic and social development of French Guiana, the South American territory home to Europe’s spaceport.
An internal research and development program using widely available telescopes has evolved into a space situational awareness business for ArianeGroup.
The French space agency, CNES, on Feb. 5 concluded its annual internal seminar on international outreach, a meeting that is as much an order of battle on behalf of France’s space industry as a review of future bilateral space-research partnerships.
French President Francois Hollande’s affirmation that intelligence, surveillance and reconnaissance would be top priorities after the Nov. 13 terrorist attacks in Paris comes at a time when France’s already-stressed defense budget is committed to major capital spending on three space programs.