Communications satellite

KinetX Aerospace Named Most Innovative Company in Space in 2024 Amidst Award Recognitions

Retrieved on: 
Tuesday, April 2, 2024
NEO, OSIRIS-REx, Moon, NAA, Spacecraft, Collier Trophy, NASA, OSIRIS, OSIRIS-APEX, KinetX, Asteroid, Communications satellite

TEMPE, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- KinetX Aerospace , the first commercial company to provide mission design and navigation services for NASA’s deep space missions, has been recognized for its innovation and leadership in the space industry, in addition to being named Fast Company’s Most Innovative Company in Space in 2024 , and ranked 10th overall on Fast Company’s list of the World’s 50 Most Innovative Companies of 2024 .

Key Points: 
  • TEMPE, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- KinetX Aerospace , the first commercial company to provide mission design and navigation services for NASA’s deep space missions, has been recognized for its innovation and leadership in the space industry, in addition to being named Fast Company’s Most Innovative Company in Space in 2024 , and ranked 10th overall on Fast Company’s list of the World’s 50 Most Innovative Companies of 2024 .
  • KinetX has been at the forefront of the commercialization of space for over 30 years and is made up of a team of highly qualified engineers with deep space expertise and experience.
  • The team is focused on leading, developing, and demonstrating innovative solutions to global and space-based challenges.
  • “The OSIRIS-REx mission team is well-deserving of the Collier Trophy and Goddard Memorial Trophy,” said Coralie Adam, KinetX Optical Navigation Lead for OSIRIS-REx.

Telesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed

Retrieved on: 
Monday, April 1, 2024
LEO, Government, Letter, Documentation, Growth, Speed of light, Goldberg, History, TSAT, TSX, Interest, Communications satellite

The letter states that, following several months of negotiations between Telesat and federal officials, the Government of Canada (GoC) is prepared to invest C$2.14 billion in Telesat Lightspeed by way of a loan to Telesat LEO Inc., a wholly owned subsidiary of Telesat, that is developing and will own and operate the highly advanced Telesat Lightspeed Low Earth Orbit (LEO) global broadband satellite constellation.

Key Points: 
  • The letter states that, following several months of negotiations between Telesat and federal officials, the Government of Canada (GoC) is prepared to invest C$2.14 billion in Telesat Lightspeed by way of a loan to Telesat LEO Inc., a wholly owned subsidiary of Telesat, that is developing and will own and operate the highly advanced Telesat Lightspeed Low Earth Orbit (LEO) global broadband satellite constellation.
  • The loan will carry a floating interest rate that is 4.75% above the Canadian Overnight Repo Rate Average (CORRA) with a 15-year maturity.
  • Interest is payable in-kind during the Telesat Lightspeed construction period, followed by a 10-year sculpted amortization.
  • Furthermore, Telesat LEO Inc. will provide the GoC with warrants for 10% of the common shares of Telesat LEO based upon an equity valuation for Telesat LEO of US$3 billion.

AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Retrieved on: 
Friday, March 29, 2024
LEO, MEO, Communication, AKOM, Aerospace, Telecommunications, BCA, Boeing, Low Earth orbit, Aviation, Private sector, HEO, Business analyst, NTN, Earnout, Unmanned aerial vehicle, OTCQX, Data-rate units, Annual report, PIPE, GEO, Defense, Communications satellite

SILICON VALLEY, Calif., March 29, 2024 (GLOBE NEWSWIRE) -- AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, “AERKOMM”), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp (Nasdaq: IXAQU, “IXAQ”), a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement (“BCA”) and raised US $35 million in a private placement.

Key Points: 
  • Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.
  • Transaction supported by a fund-raise of US $35 million common equity PIPE (Private Investment in Public Equity) subscribed concurrently with the signing of the BCA.
  • There may be more capital raised prior to the business combination, but there is no minimum cash condition for the transaction.
  • AERKOMM is developing partnerships with both public and private sector clients that have increasing demands for multi-beam and multi-orbit satellite communications solutions.

Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024
LEO, DTH, FCC, Annual report, Government, Falcon 9, Growth, System, Speed of light, International, International Financial Reporting Standards, Webcast, Sale, TSAT, Public expenditure, Insurance, TSX, Hertz, Ecosystem, SpaceX, DARPA, Communications satellite

We also expect meaningful increases in operating and capital expenditures as we accelerate the development of Telesat Lightspeed.

Key Points: 
  • We also expect meaningful increases in operating and capital expenditures as we accelerate the development of Telesat Lightspeed.
  • For the quarter ended December 31, 2023, Telesat reported consolidated revenue of $166 million, a decrease of 20% ($41 million) compared to the same period in 2022.
  • An amount of $344.9 million (US$259.6 million) was recognized during the three months ended June 30, 2023, and was recorded under other operating gains (losses), net and the payment was received in the three months ended September 30, 2023.
  • ET to discuss its financial results for the three months and one year periods ended December 31, 2023.

Space Flight Laboratory (SFL) Confirms Successful Deployment of HawkEye 360 Microsatellite Clusters 8 and 9

Retrieved on: 
Monday, April 8, 2024
Satellite, Air, Technology, Aerospace, Transport, Manufacturing, Telecommunications, NEMO, Hawk-Eye, Ridesharing, HawkEye 360, RF, SFL, Navigation, CubeSat, Radio, Multimedia, SpaceX, Orbit, Communications satellite

Space Flight Laboratory (SFL) confirmed that six radio frequency geolocation microsatellites developed for HawkEye 360 of Herndon, Va., have successfully communicated with ground control.

Key Points: 
  • Space Flight Laboratory (SFL) confirmed that six radio frequency geolocation microsatellites developed for HawkEye 360 of Herndon, Va., have successfully communicated with ground control.
  • The HawkEye 360 Cluster 8 and 9 satellites were launched yesterday at 7:16 pm EDT from Florida aboard the SpaceX Bandwagon-1 Rideshare.
  • View the full release here: https://www.businesswire.com/news/home/20240408902780/en/
    HawkEye 360 Cluster 9 in the Space Flight Laboratory (SFL) cleanroom being readied for launch, March 2024.
  • The HawkEye 360 constellation detects, characterizes and geolocates RF signals for a variety of communications, navigation, and security applications.

Knowles to Release First Quarter 2024 Financial Results on May 1, 2024

Retrieved on: 
Monday, April 8, 2024
Automotive Manufacturing, Consumer Electronics, Aerospace, Technology, Manufacturing, Semiconductor, Telecommunications, Packaging, Engineering, Mobile, Wireless, Hardware, ID, MEMS, Corporation, Radio, Toll, Communications satellite

Knowles Corporation (NYSE: KN), a leading global supplier of high performance components and solutions, including ceramic capacitors and radio frequency (“RF”) filters, advanced medtech microphones and balanced armature speakers and MEMS microphones for the consumer electronic market, today announced the date for the release of its first quarter 2024 financial results.

Key Points: 
  • Knowles Corporation (NYSE: KN), a leading global supplier of high performance components and solutions, including ceramic capacitors and radio frequency (“RF”) filters, advanced medtech microphones and balanced armature speakers and MEMS microphones for the consumer electronic market, today announced the date for the release of its first quarter 2024 financial results.
  • Knowles will issue its first quarter 2024 financial results on May 1, 2024, immediately after market close followed by a conference call at 3:30 p.m. Central time (4:30 p.m. Eastern time) to discuss the results and company outlook.
  • The conference ID is 3966457 followed by # key.
  • A webcast replay will also be accessible via the Knowles website at http://investor.knowles.com for a limited time.

Vast’s Haven-1 to Be World’s First Commercial Space Station Connected by SpaceX Starlink

Retrieved on: 
Tuesday, April 9, 2024
Research, Mobile, Wireless, Internet, Hardware, Other Travel, Technology, Travel, Satellite, Science, Aerospace, Manufacturing, Telecommunications, Bit, The Gentle Touch, Wi-Fi, Partnership, Spacecraft, NASA, Starlink, Multimedia, SpaceX, Orbit, Communications satellite

View the full release here: https://www.businesswire.com/news/home/20240408752903/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408752903/en/
    Vast’s Haven-1 commercial space station (with docked Dragon spacecraft) connecting via laser terminals to SpaceX Starlink satellite network.
  • (Illustration: Vast)
    “If you need to provide high-speed, low-latency, continuous internet connectivity on a space station in orbit in 2025, SpaceX Starlink is the only option,” said Max Haot, Vast’s CEO.
  • “We are excited for Vast’s Haven-1 to be the first commercial space station to stay connected with Starlink.”
    Vast and SpaceX have reached an agreement for SpaceX to provide Starlink connectivity to future Vast platforms beyond Haven 1, including connectivity for Vast’s next space station, which the company plans to bid for in NASA's upcoming commercial Low Earth Orbit destinations (CLDs) competition.
  • In May 2023, Vast announced that SpaceX will launch Haven-1, followed by two human spaceflight missions to the Haven-1 space station.

Global Optical Satellite Industry Research 2024 Featuring Key manufacturers - Airbus, Israel Aerospace Industries, Thales Group, and Maxar Technologies - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Technology, Other Defense, Engineering, Satellite, Military, Photography, Aerospace, Manufacturing, Defense, MEO, European Space Agency, University, CEOS, United Nations, IAF, SpaceX launch vehicles, Investment, Wildfire, Environmental monitoring, Cyclone, Vandenberg Space Force Base, NGA, Committee, Observation, Make, VHR, Australian Space Agency, NASA, OECD, Energy, GEO, Geostationary orbit, SpaceX, International Astronautical Federation, Emergency management, Organization, Intelligence, Airbus, International Academy, Research, International Academy of Astronautics, Earthquake, LEO, IAA, IIRS, Technology education, Growth, UNOOSA, COVID-19, Natural Resources, Israel Aerospace Industries, Flood, Data collection, Forestry, Government, UN, Communications satellite

Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.

Key Points: 
  • Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.
  • Optical satellites offer the capability to capture detailed images with high spatial resolution, enabling precise analysis and decision-making.
  • The increasing institutional space budget positively impacts the optical satellite market by fostering innovation, research, and development of advanced satellite technologies.
  • The key manufacturers in the global optical satellite market are:

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

Retrieved on: 
Monday, April 8, 2024
Technology, Contracts, Satellite, Other Technology, Military, Aerospace, Manufacturing, Government Technology, Hardware, Defense, Neutron, Research, USSF, Launch, VLEO, Lab, Wallops Flight Facility, Spaceport, Launch Complex 2, Monolith, SSC, NASA, Multimedia, Rocket Lab, Air Force Research Laboratory, Space Systems Command, Space force, Communications satellite

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”) today announced it has been awarded a $14.49 million task order by the U.S. Space Force (USSF) to launch an Electron mission from Launch Complex 2.
  • The mission, called Space Test Program-30 (STP-S30) falls under the Space Systems Command (SSC) Assured Access to Space organization and is part of Orbital Services Program-4 (OSP-4).
  • View the full release here: https://www.businesswire.com/news/home/20240408470615/en/
    Electron at Launch Complex 2 at the Mid-Atlantic Regional Spaceport within NASA Wallops Flight Facility in Virginia.
  • "Flexible, responsive, and reliable launch is critical to ensuring resilient space capabilities for the nation and we’re proud to deliver it to the Space Force once again with Electron,” said Rocket Lab founder and CEO Peter Beck.

Sierra Space Ghost Enters Flight Test Enabling Global Payload Delivery in 90 Minutes

Retrieved on: 
Monday, April 8, 2024
Aerospace, Technology, Manufacturing, Transport, Satellite, Military, Other Defense, Logistics, Supply Chain Management, Defense, Contracts, Engineering, Altitude, Freedom, Space Florida, Spacecraft, Architecture, Sierra Nevada Corporation, LLF, Multimedia, Sikorsky S-76, Orbital, Orbit, Communications satellite

(Photo: Sierra Space)

Key Points: 
  • (Photo: Sierra Space)
    This new technology propels Sierra Space into a new era of national security space and space logistics, promising to redefine the way critical defense supplies are delivered across the globe.
  • The Sierra Space Ghost Beta decelerator, part of the company’s recently announced Sierra Space Axelerator™ incubator , is a cutting-edge thermal protection system tailored for the safe return of small payloads from space.
  • Last month, the first drop test of the Sierra Space Ghost was completed in Florida, enabling Sierra Space test engineers to fully understand the flight characteristics of the system and how recovery operations can be rapidly completed on the ground.
  • “We envision having an inventory of Sierra Space Ghost vehicles strategically positioned and readily accessible and deployable within 90 minutes to critical locations anywhere on Earth.