SpaceX

Singapore's top general insurer debuts trading on Asia's leading digital exchange, AltaX

Retrieved on: 
Freitag, Mai 3, 2024
SpaceX, PSPL, Investment, Income Insurance, Partnership, OpenAI, Growth, Security (finance)

SINGAPORE, May 3, 2024 - (ACN Newswire) - Alta, a leading private markets digital securities exchange in Asia and Phillip Securities Pte.

Key Points: 
  • SINGAPORE, May 3, 2024 - (ACN Newswire) - Alta, a leading private markets digital securities exchange in Asia and Phillip Securities Pte.
  • The program provides a liquidity solution to almost 16,000 shareholders holding shares valued as much as S$840 million (US$619 million).
  • Additional windows for Income Insurance shareholders to sell their shares to PSPL will follow this first window, later this year.
  • PSPL would then sell these shares on AltaX where they then become available to investors for trading.

Alta Partners with Scenic to Enable Enhanced Access to Booming Secondaries Space

Retrieved on: 
Dienstag, April 2, 2024
SpaceX, Income Insurance, Revolut, SPA, Partnership, IPO, ByteDance, Security (finance)

SINGAPORE, Apr 2, 2024 - (ACN Newswire) - Alta Alternative Investments (Alta), Southeast Asia's leading digital securities exchange for alternative assets, has partnered with US-based investment adviser Scenic Management LLC (Scenic) to launch the Scenic Private Access (SPA) Fund on its platform, enabling access to direct venture secondaries to its global investor community.

Key Points: 
  • SINGAPORE, Apr 2, 2024 - (ACN Newswire) - Alta Alternative Investments (Alta), Southeast Asia's leading digital securities exchange for alternative assets, has partnered with US-based investment adviser Scenic Management LLC (Scenic) to launch the Scenic Private Access (SPA) Fund on its platform, enabling access to direct venture secondaries to its global investor community.
  • Through the SPA fund, Alta will provide direct access to late stage, VC-backed companies that have proven technology and commercially successful products.
  • At Alta too we saw a year-on-year increase of over 300 per cent in order volume on our secondary platform.
  • This partnership with Scenic adds to the vibrant secondaries opportunities on our platform, providing our investor community with an exclusive and compelling option to invest in the booming secondaries space for wealth creation", said Yifei Li, Managing Director, Head of Client Business, Alta.

KINO Secures $4.35M Pre-Seed Stealth Extension, Led by Cathie Wood's ARK Venture Fund

Retrieved on: 
Donnerstag, Mai 9, 2024
ARK, Entertainment, SpaceX, Lili Simmons, Investment, Capital, News, AI, Lunch meat, Zosia, Heart, Growth, Entrepreneurship, Epic Games, Television, LOS, Mindfulness, Molli railway

LOS ANGELES, May 9, 2024 /PRNewswire-PRWeb/ -- KINO, the ground-breaking interactive digital cinema platform, announced today it has raised another $2.35M in stealth, led by Cathie Wood's ARK Venture Fund. This news comes on the heels of KINO's initial $2M pre-seed round which included Slow Ventures and Sequoia Capital, bringing KINO's total pre-seed raise to more than $4.35M.

Key Points: 
  • ARK Venture Fund Becomes Leading Investor in KINO, the Company Reshaping the Entertainment Industry
    LOS ANGELES, May 9, 2024 /PRNewswire-PRWeb/ -- KINO , the ground-breaking interactive digital cinema platform, announced today it has raised another $2.35M in stealth, led by Cathie Wood's ARK Venture Fund.
  • In addition to ARK Venture Fund, the round saw participation from prominent investors including Lightning Capital, Hyperithm, Mindfulness, WAGMI, and several other global venture capital firms.
  • KINO disrupts the traditional model of film distribution by empowering filmmakers and connecting fan communities through its interactive, data-driven platform.
  • Through innovation and inclusivity, KINO seeks to amplify these voices, making film and television more accessible, efficient, and equitable for all.

Globalstar Announces First Quarter 2024 Financial Results and Operational Updates

Retrieved on: 
Mittwoch, Mai 8, 2024
Technology, Finance, Entertainment, Satellite, Banking, Accounting, Telecommunications, Professional Services, Mobile Entertainment, Networks, SpaceX, GSAT, Ecosystem, Duplex, Risk, Commercial, FCC, MDA, ARPU, Wi-Fi, Webcast, Human, Federal, Public expenditure, Pressure, SPOT, RAN, MFC, Adjustment, XCOM, POC, ID, Government, Federal Communications Commission, File, GAAP, Hertz

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024.
  • Service revenue increased $0.5 million during the first quarter of 2024 from the first quarter of 2023.
  • Loss from operations was $4.7 million during the first quarter of 2024, compared to income from operations of $7.2 million during the first quarter of 2023.
  • Net loss was $13.2 million for the first quarter of 2024, compared to net loss of $3.5 million for the first quarter of 2023.

Forge Global Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results

Retrieved on: 
Dienstag, Mai 7, 2024
Professional Services, Data Management, Technology, Finance, Software, Fintech, SpaceX, Table, Capital market, Depreciation, New York Stock Exchange, ICE, Trust, UBS, Forecasting, Epic Games, Nasdaq, Inc., Acquisition, Vii, Arhopala, Privately held company, Adjustment, Name, ID, GAAP

Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended March 31, 2024.

Key Points: 
  • Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended March 31, 2024.
  • "I’m pleased to share that in the first quarter of 2024, Forge delivered our 4th consecutive quarter of revenue improvement as the market continues its recovery,” said Kelly Rodriques, CEO of Forge.
  • Net Loss: Net loss was $19.0 million compared to net loss of $26.2 million in the quarter ended December 31, 2023.
  • Headcount: Forge finished out the quarter ended March 31, 2024 with a total headcount of 337.

Odyssey’s New ENCORETM Software Chosen by Astrolab for the FLEX Rover

Retrieved on: 
Montag, Mai 6, 2024
Engineering, Technology, Satellite, Aerospace, Manufacturing, Software, Odyssey, L.L.C, SpaceX, Moon, Safety, Commercial, GN&C, NASA, Spacecraft, Life, Odyssey Space Research, Lunar Terrain Vehicle, FLEX, Science, Systems analysis, JPL, Artemis, Veteran, LTV, Video game

ENCORETM is Odyssey’s full-featured, configurable, and scalable spacecraft flight software framework built from the ground up with our trail-blazing Commercial Class A software processes. These processes ensure the highest reliability for a wide range of spacecraft and projects -- from small satellites and science missions to sophisticated rovers and complex, safety-critical, embedded systems. ENCORETM will be presented and demonstrated publicly for the first time at the 17th Annual Flight Software Workshop hosted by the Southwest Research Institute in San Antonio, Texas from May 6 to 9, 2024.

Key Points: 
  • (Odyssey) announced that Venturi Astrolab, Inc. (Astrolab) will use ENCORETM, Odyssey’s new, commercial software framework specifically designed for space applications, on Astrolab’s FLEX rover.
  • "We’re thrilled Odyssey is teamed with Astrolab and using our ENCORETM software framework as the foundation for the brains of FLEX,” said Bryan Lunney, Odyssey COO and former NASA Flight Director.
  • “We’ve harnessed 20-years' worth of human spaceflight and software experience to create a modern flight software infrastructure that will support even the most demanding space missions, such as Astrolab’s FLEX rover."
  • ENCORETM is Odyssey’s full-featured, configurable, and scalable spacecraft flight software framework built from the ground up with our trail-blazing Commercial Class A software processes.

Starshot Capital Launches $35M Fund to Invest in Climate Companies That Can Avert 1 Gigaton of Emissions by 2050

Retrieved on: 
Donnerstag, Mai 9, 2024
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Green Technology, Finance, SpaceX, Digestion, Ruminant, Methane, Air Products, Capital, Cattle, Built environment, Drawdown (climate), Carbon, Titanium, Engineering, CSO, Trust, HVAC, Climate, Renewable energy

Starshot Capital , a venture capital firm dedicated to finding and supporting high-impact companies in underinvested climate sectors, today announced the launch of Starshot Fund I, a $35M fund for companies working toward ambitious decarbonization goals.

Key Points: 
  • Starshot Capital , a venture capital firm dedicated to finding and supporting high-impact companies in underinvested climate sectors, today announced the launch of Starshot Fund I, a $35M fund for companies working toward ambitious decarbonization goals.
  • Starshot backs early-stage companies that have the potential to eliminate a cumulative 1 gigaton of carbon emissions by 2050 while simultaneously delivering returns on par with the most successful venture-backed startups.
  • “The climate transition is the largest financial opportunity of the next decade,” said Starshot Managing Partner Jeremy Brewer.
  • “Through Work on Climate and our other networks, we frequently meet and assist exceptional climate founders at the idea stage.

MetTel's Transformative SD-WAN Over Starlink Solution Recognized by Internet Telephony Magazine's SD-WAN Award

Retrieved on: 
Dienstag, Mai 7, 2024
SpaceX, Starlink, Internet, Communication, Digital divide, INTERNET, Communications satellite

NEW YORK, May 7, 2024 /PRNewswire/ -- MetTel, a digital transformation and communications leader, was awarded the  SD-WAN Product of the Year Award by INTERNET TELEPHONY Magazine. This accolade recognizes MetTel's groundbreaking deployment of SD-WAN over SpaceX's Starlink service, which is revolutionizing satellite connectivity.

Key Points: 
  • NEW YORK, May 7, 2024 /PRNewswire/ -- MetTel , a digital transformation and communications leader, was awarded the SD-WAN Product of the Year Award by INTERNET TELEPHONY Magazine.
  • This accolade recognizes MetTel's groundbreaking deployment of SD-WAN over SpaceX's Starlink service, which is revolutionizing satellite connectivity.
  • MetTel's innovative solution seamlessly integrates Starlink's capabilities with its SD-WAN technology, overcoming traditional challenges associated with satellite communications such as latency issues.
  • The result is business-grade connectivity that defies geographical limitations, effectively transforming internet accessibility in previously unreachable locations.
    "

First Two WorldView Legion Spacecraft Performing Well After Launch

Retrieved on: 
Donnerstag, Mai 2, 2024
Technology, Air, Satellite, Transport, Photography, Telecommunications, Aerospace, Manufacturing, Government Technology, Defense, SpaceX, Intelligence, Maxar Technologies, Raytheon Technologies, Vandenberg Space Force Base, SpaceX launch vehicles, Spacecraft, Multimedia, Communications satellite

View the full release here: https://www.businesswire.com/news/home/20240423533459/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240423533459/en/
    Images of the deployments of Maxar Intelligence's first two WorldView Legion satellites provided by SpaceX.
  • “The successful launch of the first two WorldView Legion satellites represents a transformational moment for our business,” said Maxar Intelligence CEO Dan Smoot.
  • WorldView Legion spacecraft are a new approach to Earth imaging satellites.
  • "We are proud to partner with Maxar Intelligence on the WorldView Legion program,” said Maxar Space Systems CEO Chris Johnson.

Former SpaceX Recruiter's GalaxyTek Named Global Top 10 Fastest Growing Longhorn Owned Business

Retrieved on: 
Donnerstag, Mai 2, 2024
SpaceX, Acqui-hiring, University, Small business, Mechanical engineering, Tech, Starship, Spacecraft, Aerospace, Growth, Falcon 9, Aviation, RPO, Longhorn, Acquisition, Financial services, Partner, Moses Austin, Falcon Heavy, Defense

HOUSTON, May 2, 2024 /PRNewswire/ -- GALAXY TECHNOLOGY HIRES LLC, founded by former SpaceX, Talent Acquisition leader, Brandon Garrett, in 2015, has been announced as a 2024 Longhorn 100 winner. As one of the fastest growing Longhorn led businesses in the world, GalaxyTek specializes in providing customized recruitment services, primarily to the Aerospace and Defense industry, among other industries: Tech, Healthcare, Manufacturing, Oil and Energy, Telecommunications, Financial Services, and Aviation.

Key Points: 
  • As one of the fastest growing Longhorn led businesses in the world, GalaxyTek specializes in providing customized recruitment services, primarily to the Aerospace and Defense industry, among other industries: Tech, Healthcare, Manufacturing, Oil and Energy, Telecommunications, Financial Services, and Aviation.
  • GalaxyTek successfully made the Top 10 List, within the Longhorn 100 , and will be honored along with the other recipients at a special annual awards event, with a robust program and presentation at the University of Texas.
  • Prior to founding the firm in 2015, Garrett had a successful career at SpaceX, where he hired over 700 engineers and technical professionals for Elon Musk.
  • Other Longhorn alumni include Michael Hentrich , (Mechanical Engineer and Partner in the firm) who was also a member of the University of Texas Drumline.