HELSINKI, August 23, 2017 (ICEYE PR)– ICEYE, the leader in synthetic-aperture radar (SAR) technology for microsatellites providing expanded access to reliable and timely Earth observation data, today announced $13M in new funding, including an $8.5M financing round led by Draper Nexus. ICEYE will use the latest funding to scale up operations, including manufacturing of the company’s SAR technology built from off-the-shelf components, and launch additional satellites. ICEYE plans to launch the first three microsatellites equipped with SAR sensors over the next 12 months, delivering Earth observation data to select customers shortly thereafter.
TUCSON, Ariz., June 29, 2017 (Vector PR)– Vector, the micro satellite launch company that’s decreasing barriers to entry and increasing speed to orbit, today announced $21M Series A funding led by Sequoia Capital, with participation from Shasta Ventures and Lightspeed. This round brings Vector’s total funding to $31M and follows a landmark first half of 2017 for the company.
CANTIL, Calif. (Vector PR) — Vector, a micro satellite space launch company comprised of new-space and enterprise software industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas, Sea Launch and VMware, today announced the successful test launch of the P-19H engineering model of the Vector-R launch vehicle.
This flight test is the first of several upcoming launches which will enable Vector to evaluate critical technologies and functions of the operational family of Vector launch vehicles.
Undaunted by a launch failure last month, JAXA has decided to try another flight of its new SS-520-4 micro-satellite booster later this year.
January’s rocket was a three-stage version of the existing two-stage SS-520, modified to carry a miniature satellite. Off-the-shelf consumer product technology was incorporated to keep costs down. The rocket blasted off successfully. But during the first stage of the launch sequence, transmission of such critical data as its temperature and position ceased. The agency aborted the second stage, letting the vehicle fall into the ocean.
After the failed launch, JAXA scrutinized data from minirocket’s communications equipment and other components, and conducted new vibration tests. It eliminated parts that could have been responsible for the failure and put in place measures to prevent a recurrence of the problems. It will report in detail on the findings of its inspections at a section meeting of the technology ministry starting Monday.
ATLANTA, February 1, 2017 (SpasceWorks PR) – SpaceWorks Enterprises, Inc. (SEI) announced today the annual update to its nanosatellite and microsatellite market forecast. The report details the latest observations and trends in the nano/microsatellite market.
Projections indicate more than 450 nano/micro satellites will need launches annually in the year 2023 and beyond. The summary is available in presentation form as a free download on the website, http://www.spaceworksforecast.com.
Canon, best known for its high-quality cameras, is getting into the space business. It is working with the Japanese space agency JAXA to upgrade a sounding rocket to launch microsats into orbit.
The company’s experience designing and manufacturing devices such as digital cameras will help the team choose the best rocket parts as well as make key control instruments smaller and lighter.
Systems for changing the rocket’s orientation or separating stages once in space have already been developed. IHI unit IHI Aerospace is handling development of key engine parts such as fuel injectors.
The three-stage rocket is an upgrade to JAXA’s two-stage SS-520, which carries instruments for research observations. Measuring 52cm in diameter and less than 10 meters in length, the new version will cost less than one-tenth as much to launch as leading rockets and is expected to be used to lift microsatellites in orbit.
An initial launch is slated for early next year from the Uchinoura Space Center in Kagoshima Prefecture.
PUNE, India (ReportsnReports.com PR) — According to research report, “Global Small Satellite Market (By Type, By Application, By End-Use): Trends, Opportunities and Forecasts (2016-2021)” the industry is projected to exhibit a CAGR of over ~19.54% during 2016 – 2021, driven by the increasing number of launches and, design and development of low cost satellites. On the basis of market segment, the market has been segmented on basis of type (Nano Satellite, Micro Satellite and Mini Satellite).
The Small Satellite 2016 Conference is now over. Below are links to Parabolic Arc’s coverage of the conference and the CubeSat Workshop that preceded it last weekend. There are also links to announcements made during the conference and in recent weeks.
MOJAVE, Calif., Aug. 2, 2016 (Vector Space Systems PR) — Vector Space Systems, a micro satellite space launch company comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today announced the successful launch of its P-20 rocket, a sub-scale test vehicle for the Vector 1, in advance of orbital launches in 2018.
The test, conducted July 30 in Mojave, CA, also carried Vector’s first customer payload through a partnership with Finnish-based Iceye. Iceye launched a prototype of its micro satellite’s core computing and communications systems to test its electrical and mechanical resilience in a launch environment.
Partnership will launch Iceye’s radar satellite constellation on the Vector Micro Satellite Launch Vehicle beginning in 2018
TUCSON, Ariz., Aug. 2, 2016 (Vector Space Systems PR) — Vector Space Systems, a micro satellite space launch company comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today finalized an agreement with Finnish-based Iceye to conduct 21 launches for Iceye’s commercial SAR (synthetic aperture radar) satellite constellation. The payload flights, Vector’s first customer flights since it started operations in early 2016, will be conducted over a four-year span as part of a larger partnership with Iceye.
The first test launch as part of this agreement was successfully completed July 30 in Mojave, which included hosting a prototype of Iceye’s microsatellite’s core computing and communications systems to test its electrical and mechanical resilience in a launch environment on Vector’s P-20 sub-orbital launch vehicle. Iceye and Vector continue to explore future elements of their partnership related to space flight hardware development and data resale agreements.
NASA’s new publication, “Economic Development of Low Earth Orbit,” consists of a series of papers that examines a number of important policy questions that will be of rising importance as NASA transitions human spaceflight in LEO to the private sector.
One of the papers, “Venture Capital Activity in the Low-Earth Orbit Sector,” has detailed information on what U.S. venture capitalists have invested in. Key excerpts from the paper follow. (more…)
TUCSON, Ariz., May 19, 2016 (Vector Space Systems PR) — Vector Space Systems, a Micro Satellite space platform enterprise comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today announced the successful test of its second stage engine, a major milestone in advance of the company’s first sub-orbital test flight as Vector Space Systems this summer.
The test, which took place in Mojave, California on May 14, featured the company’s second stage high-performance engine for its launch vehicle. Employing 3D printed components, the engine produces 500 pounds of thrust with a high specific impulse for maximum fuel efficiency. This development test was one in a series of second-stage engine tests leading to flight qualification in 2017.
TUSCON, Ariz., April 26, 2016 (Vector Space Systems PR) — Vector Space Systems, a Micro Satellite space launch enterprise comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today announced it has secured more than $1M in angel funding at Space 2.0 in Silicon Valley. Vector Space Systems, which sports a roster of technology and aerospace giants to provide industry insight, expertise and leadership, was formed to fundamentally change the dynamics and economics of the space launch industry.
More than just another satellite launch company, Vector Space Systems connects space startups with affordable and reliable launch-enabling platforms and vehicles at a cost point never before possible for accessing space. Featuring the only launch system dedicated to serving the rapidly growing Micro satellite market, Vector Space Systems aims to foster innovation throughout the market segment to spark space commerce growth through reliable and frequent launch opportunities. In addition, Vector Space Systems is developing a platform approach to broaden the access of space technology to non-experts, extending the traditional launch vehicle only model to include space systems that permit anyone to innovate and create space applications without the need for hiring an entirely new satellite development team.