French Space Command

EQS-News: Look Up Space raises €14m to secure in-orbit space activities and make space sustainable

Retrieved on: 
Wednesday, June 21, 2023
Maintenance, CNES, ESA, Military, Orbit, MIG, Radar, Risk, Growth, SSA, Investment, Safety, French Space Command, Security (finance), Shipbuilding, Communications satellite, Satellite navigation device, Renewable energy, New Space

Look Up Space is now positioned as a key player in Europe's New Space and aims to become a world leader in space security.

Key Points: 
  • Look Up Space is now positioned as a key player in Europe's New Space and aims to become a world leader in space security.
  • This makes Look Up Space the recipient of the second-largest seed funding round for a Space Tech in Europe, and the largest to date in France (sources: Crunchbase, Space Tech Database by dealroom.co).
  • The funds raised will enable Look Up Space to develop its "SORASYS" space surveillance radar demonstrator and its "SYNAPSE" multi-source data fusion and processing platform by the end of 2024.
  • "Look Up Space is committed to sustainable space.

Destinus Unveils Hydrogen-Powered Supersonic Demonstrator Destinus 3 at Paris-Le Bourget Air Show, Sets Course for Sustainable Hypersonic Aviation

Retrieved on: 
Tuesday, June 20, 2023
Hydrogen, Mach, French Space Command, Kerosene, General Michel, Atmosphere, Aviation, Mach 5, Commander, Concorde, Hypersonic speed, Airline, Jet fuel, Economics

PARIS, June 20, 2023 /PRNewswire-PRWeb/ -- Destinus (http://www.destinus.com), a European aerospace firm advancing the frontiers of high-speed, hydrogen-powered aviation, unveiled its third demonstrator, the Destinus 3, at the grand opening of the 54th Paris-Le Bourget International Air Show. This groundbreaking model is set to be the world's first hydrogen-powered supersonic unmanned vehicle, aiming to achieve a speed of Mach 1.3. Destinus has slated its supersonic flight campaigns, propelled by liquid hydrogen, for 2024.

Key Points: 
  • PARIS, June 20, 2023 /PRNewswire-PRWeb/ -- Destinus ( http://www.destinus.com ), a European aerospace firm advancing the frontiers of high-speed, hydrogen-powered aviation, unveiled its third demonstrator, the Destinus 3, at the grand opening of the 54th Paris-Le Bourget International Air Show.
  • Destinus is on a mission to launch the world's first commercial hypersonic passenger plane entirely powered by hydrogen, the Destinus S, between 2030 and 2032.
  • These engines would include a turbojet component for subsonic and supersonic speeds and a ramjet for hypersonic speeds.
  • Leveraging hydrogen not only promotes efficiency but also significantly reduces the environmental impact of future hypersonic flights, highlighting Destinus's commitment to sustainable aviation.

E-Space Strengthens Leadership in France with Appointment of New Board Members

Retrieved on: 
Tuesday, June 20, 2023
O3b, French Space Command, Internet of things, O3b Networks, Committee on European Affairs and Oversight of the European Funds, Parliament, SAS, SES, Partner, French Parliament, European, BNP Paribas Asset Management, Growth, Boilermaker, Management, OneWeb

The new board members bring a wealth of expertise and diverse backgrounds, which will bolster the Company's plans to bring advanced space-powered IoT and Smart-IoT solutions and services to the market.

Key Points: 
  • The new board members bring a wealth of expertise and diverse backgrounds, which will bolster the Company's plans to bring advanced space-powered IoT and Smart-IoT solutions and services to the market.
  • Greg Wyler expressed enthusiasm about the new appointments, commenting, "We welcome this highly respected group of leaders to the E-Space SAS Board.
  • Our Board's collective insights will help accelerate innovation, enhance operational excellence and ensure sustainable value creation for all stakeholders."
  • The newly appointed E-Space SAS board members will collaborate closely with the E-Space SAS executive team to shape the Company's strategic direction, strengthen corporate governance practices and drive key growth initiatives in the European Union.

E-Space Opens New European Headquarters in Toulouse, France

Retrieved on: 
Tuesday, June 20, 2023
O3b, French Space Command, Internet of things, O3b Networks, Committee on European Affairs and Oversight of the European Funds, USD, Parliament, SES, Partner, French Parliament, LEO, BNP Paribas Asset Management, Architecture, Growth, Space, Renewable energy, Management, Boilermaker, OneWeb

TOULOUSE, France, June 20, 2023 /PRNewswire/ -- After raising USD$90 million since inception, E-Space, the company bridging Earth and space to enable hyper-scaled deployments of IoT solutions and services, today announced that it has opened a new European headquarters, E-Space SAS, in Toulouse, France.

Key Points: 
  • TOULOUSE, France, June 20, 2023 /PRNewswire/ -- After raising USD$90 million since inception, E-Space , the company bridging Earth and space to enable hyper-scaled deployments of IoT solutions and services, today announced that it has opened a new European headquarters, E-Space SAS, in Toulouse, France.
  • By establishing expanded activities in Toulouse, E-Space will be part of the prestigious French and European aerospace communities.
  • Greg Wyler, Founder and CEO of E-Space commented: "The opening of the E-Space European headquarters in Toulouse marks a significant milestone in our company's growth.
  • Karim Michel Sabbagh, E-Space SAS Managing Director, Europe and Middle East Lead added: "We believe our new European headquarters will be a catalyst for radical innovation and development.

Audacia, Starburst and Rymdkapital join forces to form the first pan-European VC fund in New Space, New Air Mobility, and Defence sectors

Retrieved on: 
Tuesday, September 20, 2022
Observation, CNES, Partner, Central African Mining and Exploration Company, Volocopter, Marshall Aerospace and Defence Group, Knowledge, Airbus Defence and Space, Geodesic, Investment, Venture capital, CEO, Starburst, UK National Quantum Technologies Programme, Ecosystem, Regulatory News Service, Research, ASD, Innovation, Expansion, Exploration, Technology, French Space Command, Pension fund, Renewable energy, Video game, Management, Boilermaker, New Space Order, Nordic, New Space

Audacia, Starburst and Rymdkapital join forces to form the first pan-European VC fund in New Space, New Air Mobility, and Defence sectors

Key Points: 
  • Audacia, Starburst and Rymdkapital join forces to form the first pan-European VC fund in New Space, New Air Mobility, and Defence sectors
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • Entitled EXPANSION, this fund project is unprecedented in Europe and is designed to invest in startups in the sector, from Seed to Series B.
  • EXPANSION is targeting a size of 300M and plans a first closing at 100M in Q1 2023.
  • Starburst has built an ecosystem of more than 12,000 startups and 60 public and private partners (large corporations).