Successful Launch of PingAn-3 Satellite Empowers Inclusive Finance

HONG KONG and SHANGHAI (Ping An Group PR) — Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318; SSE:601318) announced the successful launch of PingAn-3, also known as Taijing-1 01, Ping An’s first earth observation optical remote sensing satellite. PingAn-3, launched at the Jiuquan Satellite Launch Center, will join Internet of Things (IoT) satellites PingAn-1 and PingAn-2, to support the supply chain financial services of Ping An Bank and the development of inclusive finance.

Due to a lack of loan collaterals and reliable credit information, micro-, small and medium-sized enterprises (MSMEs) face challenges in raising funds required for business expansion and production upgrades. It is difficult and risky for financial institutions to review financing applications from MSMEs due to the long industrial chains, numerous cross-regional businesses, difficulties in due diligence, and receivables that are small amounts and high frequency.

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R3-IoT rebrands as Krucial

Krucial co-founders Allan Cannon (L) and Kevin Quillien (R). (Credit: Krucial)

18 August 2022

  • R3-IoT now named Krucial, representing the importance of making digital transformation available for all, no matter location or conditions
  • Launch of flagship product Krucial CONNECT, which connects smart devices anywhere on earth regardless of infrastructure or conditions, already garnering worldwide interest 

GLASGOW, Scotland (Krucial PR) — Satellite-enabled connectivity scale-up R3-IoT has announced a bold, forward-looking full rebrand as Krucial and officially launched its game-changing new flagship product, Krucial CONNECT, to market.

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D-Orbit Announces Multi-Year Launch and Deployment Contract with Swiss Satellite Internet of Things (IoT) Network Operator Astrocast

The agreement covers the launch and deployment of 20 satellites, which are part of Astrocast’s growing constellation for the Internet of Things, over a three-year time span.

FINO Mornasco, Italy, August 9, 2022 (D-Orbit PR) — D-Orbit, a space logistics company, announced today the signing of a multiple launch and deployment contract with Astrocast, a leading Swiss IoT-focused nanosatellite company.

According to the agreement, D-Orbit will launch twenty of Astrocast’s satellites aboard ION Satellite Carrier, D-Orbit’s versatile and cost-effective orbital transfer vehicle (OTV) designed to precisely deploy satellites and perform technology demonstrations of third-party payloads in orbit. The satellites, which will join Astrocast’s constellation of satellites for the Internet of things (IoT), will be delivered to space over a period of three years, through multiple missions.

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Terran Orbital Commissions Fleet Space CENTAURI-5 Payload

The satellite brings new capabilities to the existing constellation and forthcoming Alpha constellation
CENTAURI-5 is a pathfinder satellite designed for use in the energy, utilities, and resource industries (Image Credit: Fleet Space Technologies / Terran Orbital Corporation)

BOCA RATON, Fla. (Terran Orbital Corporation PR) -– Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced the commissioning of the Fleet Space CENTAURI-5 payload. The payload provides Machine to Machine (M2M) and Internet of Things (IoT) connectivity to ground terminals and is an improved version of the payloads flown on CENTAURI-3 and CENTAURI-4.

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Astrocast Acquires Hiber, Accelerates OEM Strategy

LAUSANNE, Switzerland, 30 May 2022 (Astrocast PR) – Astrocast, a leading global nanosatellite IoT network operator, today announced the signature of an agreement to acquire Hiber, a Netherlands-based, IoT-as-a-Service provider. Under the agreement, Astrocast agreed to acquire all of Hiber’s shares in exchange for the issuance of new Astrocast shares, representing 16.5% of Astrocast’s share capital, calculated prior to its previously announced public offering on Euronext Growth Paris. Hiber’s shareholders also agreed to invest €10.45 million in Astrocast’s public offering.

Hiber provides asset monitoring and tracking solutions to industrial customers, through satellite-connected devices that allow customers to monitor and track assets in remote locations. Its services include wellhead monitoring for major oil and gas companies and asset tracking for off-grid worksites in sectors such as agriculture, forestry, and mining. Its business model is based on multi-year subscriptions covering sensors, network hardware, satellite connectivity and a dashboard.

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Spire Global to Launch Five Satellites on SpaceX Transporter-5 Mission

Falcon 9 Transporter mission liftoff (Credit: SpaceX)

Launch will include three satellites and hosted payloads for Space Services, the company’s Space-as-a-Service (SPaaS) business

VIENNA, Va., May 18, 2022 (Spire Global PR) — Spire Global, Inc.(NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it will launch five satellites on the upcoming SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station in Florida. The launch will take place this month.

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Launcher Announces Customers for Orbiter’s Inaugural Flight

Orbiter payload plate containing customer spacecraft. (Credit: Launcher)

HAWTHORNE, CA, May 16, 2022 (Launcher PR) – Launcher, the space logistics company focused on providing access to anywhere in space at the lowest cost, today announced the customers on the first flight of its satellite transfer vehicle and hosted payload platform Orbiter. Orbiter’s first mission, SN1, is scheduled to reach orbit in October 2022 on SpaceX’s Falcon 9 Transporter-6 rideshare launch. Launcher’s customers, spanning academia, startups and established industry leaders, demonstrate the growing demand for orbit transfer and hosted payload services.

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Spaceflight Inc. and Astrocast Extend Launch Contract

Additional missions provide flexibility and support for growing IoT constellation

SEATTLE, March 22, 2022 (Spaceflight Inc. PR) Spaceflight Inc., the leading global launch services provider, today announced an extended multi-launch agreement (MLA) with long-time customer, Internet of Things (IoT) constellation developer, Astrocast. This agreement will add two missions to accommodate Astrocast’s fast-growing IoT constellation which helps track assets in some of the world’s most remote regions.

In February of 2020, Astrocast and Spaceflight signed an MLA for the launch of 10 additional IoT nanosatellites, representing the sixth launch booked with Spaceflight. In total, Spaceflight is now set to launch a majority of the satellites that will complete the Astrocast IoT Nanosatellite Network.

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Enisa Backs Sateliot with New Loan of 640,000 Euros for the Launch of its Second Nanosatellite

Satellites in orbit. (Credit: Sateliot)
  • Sateliot plans to launch its second nanosatellite in October this year for end-to-end service demonstration
  • This ‘Growth Line’ complements a first ‘Entrepreneur Line’ that Enisa already granted in the early stages of the company in 2019

BARCELONA (Sateliot PR) — Enisa, the company under the Spanish Ministry of Industry, Trade and Tourism dedicated to the alternative financing of innovative business projects, has backed Sateliot, the company that will put into orbit the first commercial constellation of 5G-IoT nanosatellites, with a new loan of 640,000 euros for the launch of its second nanosatellite.

The public body thus revalidates its confidence in the project by contributing to financing the company’s growth, after it already granted it a first line of financing of €200,000 in its early stages in 2019.

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DEWA Improves Management of Power Grid, Water Transmission and Distribution Networks Worldwide Through its Leadership in Launching Nanosatellites

DUBAI, UAE (DEWA PR) — Dubai Electricity and Water Authority (DEWA) has achieved a new world record through its launching of the 3U nanosatellite DEWA-SAT1 in collaboration with NanoAvionics. It has proved once again that it is one of the most prominent global utilities and the most distinguished in all its operations. After the success of the pilot project, DEWA has become the world’s first utility to use nanosatellites to improve the maintenance and planning of electricity and water networks.

The launching of the satellite is part of DEWA’s Space-D programme launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in January 2021 to consolidate Dubai’s leadership in developing and using the latest global technologies. Through Space-D, DEWA researches the use of space technology to support utilities to improve their operations and planning. This will support sustainable development and a green economy in the UAE and worldwide.

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Lynk Completes Pre-Commercial Trials for 5th Satellite Ahead of Commercial Launch

Credit: Lynk
  • New milestones achieved in the company’s planned 2022 deployment of global cell-towers-in-space service
  • Lynk publishes image of new satellite design

FALLS CHURCH, Va., Feb. 8, 2022 (Lynk Global PR) – Lynk Global, Inc. (Lynk), the world’s leading satellite-direct-to-phone telecoms company, today announced the successful completion of pre-commercial tests for its fifth satellite. The completion of this technical milestone advances toward Lynk’s planned deployment of its global ‘cell-towers-in-space’ service later this year.

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Sateliot is Finalizing the Closing of a Capital Increase of 10 Million Euros with Indra and Cellnex as New Partners

  • Indra is expected to enter this Series A of Sateliot with an approximate 10.5% stake in the company and Cellnex with another 3.5%
  • Sateliot expects to reach a turnover of more than 1 billion euros and an EBITDA of 370 million euros by 2025

MADRID Sateliot, the company that will put into orbit the first commercial constellation of 5G-IoT nanosatellites that will act as a coverage extension for mobile operators, is finalizing the closing of a capital increase divided into two tranches for 10 million euros through which Indra and Cellnex are incorporated as new shareholders and industrial partners.

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Hat-trick for Exolaunch with SpaceX Transporter Missions

  • Exolaunch’s Most Technologically and Geographically Diverse Mission of Smallsats Launched via SpaceX’s Transporter-3 Rideshare Mission
  • Company Completed International Launch Campaign for 29 Satellites, Including Microsatellites, Cubesats up to 16U and PocketQubes
  • New and Returning Customers from Four Continents and Seventeen Countries

CAPE CANAVERAL, Fla., & BERLIN, Germany, January 27, 2022 (Exolaunch PR) – In its third dedicated rideshare mission with SpaceX, Exolaunch, the leading global provider of launch, in-space logistics and deployment services, successfully integrated and launched 29 small satellites from customers across the globe. The company’s rideshare clusters aboard the SpaceX  Transporter-3 mission were an amalgamation of microsats, cubesats (up to 16U) and PocketQubes. The combination of customers from 17 countries across four continents, and an unprecedented number of very sophisticated payloads made it the most technologically rich and geographically spread integration effort for the company yet.

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OHB, LuxSpace and OQ Technology Sign MOU to Explore Collaboration for IoT Services

LUXEMBOURG, 18 Jan 2022 (OHB SE PR) – OHB SE (OHB), one of Europe’s leading space companies, its subsidiary LuxSpace, a provider of space systems, applications and services, and OQ Technology (OQ), a global satellite operator, have signed a memorandum of understanding (MOU) to explore opportunities in the Internet-of-Things (IoT) service sector.

The cooperation between LuxSpace, OHB and OQ will include satellite-based IoT upstream and downstream activities to enhance the portfolio of services available to customers in different markets, including, but not limited to, energy, agriculture, defence and the green economy.

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