SES Invests in Seraphim Space Fund

LUXEMBOURG (SES PR) – SES announced today that it is investing in the Seraphim Space Fund in order to support innovation in the satellite industry and to encourage Research and Development (R&D) efforts across the markets served by satellite. The world-leading satellite operator will also participate in the fund’s Advisory Board.

Seraphim Space Fund is a new venture capital fund launched by Seraphim Capital. Its primary focus is to invest in projects that are commercialising data about the Earth, collected by either satellite or Remotely Piloted Aircraft Systems (RPAS). Seraphim also invests in the broader technology ecosystem which supports the satellite and RPAS infrastructures and applications across a broad range of vertical markets, including construction, logistics, agriculture, finance, with a key focus on the insurance market – using insights from airborne data to evaluate risk, monitor assets and assess claims.

“SES is focused on providing reliable and secure satellite solutions to customers in our Video and Networks market segments. By investing in the Seraphim Space Fund, we will be working with other leading industry partners to push beyond the capabilities of satellites. We look forward to identifying innovative developments along the value chains and key markets,” said Christophe De Hauwer, Chief Strategy & Development Officer at SES.

SES is renowned for its leading role in technological and business innovation in the satellite industry, and actively promotes innovation through various initiatives.

Seraphim Space Tech Venture Capital Fund Reaches $95 Million Close

  • The world’s only dedicated space tech Venture Capital fund reaches £70m close
  • Europe’s leading space companies collectively supporting pioneering new fund
  • Former Google Earth CTO Michael Jones joins Seraphim as Managing Partner
  • Completed first 2 investments in leading nanosat constellations – Spire & Iceye

LONDON (Seraphim Capital PR) — A new revolution in Earth Observation is underway driven by low cost satellites and drones/UAVs enabling data that will be defining our changing world over the next decade. A new venture fund launched by Seraphim Capital has been established to capitalize on this opportunity.

(more…)

SES Selects Arianespace for Launch of SES-17

An Ariane 5 rocket soars into orbit on Dec. 29, 2010. Credits: ESA / CNES / Arianespace / Photo Optique vidéo du CSG

PARIS (Arianespace PR) — SES has selected Arianespace to launch its high-power, high-throughput satellite SES-17 on an Ariane 5 in 2021 from the Guiana Space Center in Kourou, French Guiana. This was announced by SES and Arianespace in Paris today.

SES-17 is a powerful satellite delivering high-speed inflight connectivity and high-powered data services over the Americas and the Atlantic Ocean. SES-17 is the 53rd satellite entrusted to Arianespace for launch by SES (Euronext Paris and Luxembourg Stock Exchange: SESG).

(more…)

SES Selects Arianespace to Launch O3b Satellites

Arianespace’s Soyuz lifts off from the Spaceport’s ELS launch facility during the daytime launch with four more connectivity satellites for O3b Networks. (Credit: Arianespace)

PARIS (Arianespac PR) — SES has selected Arianespace for its fifth launch of four O3b satellites joining the O3b Medium Earth Orbit fleet. The mission on a Soyuz rocket will be conducted from the Guiana Space Center in Kourou, French Guiana, in 2019.

(more…)

Boeing to Build Seven Medium Earth Orbit Satellites for SES

The O3b mPOWER satellites will include Boeing’s most-advanced digital payload technology and will be built using electronics from the flight-proven 702 satellite platform customized to support the unique MEO environment. (Credit: Boeing)

EL SEGUNDO, Calif., Sept. 11, 2017 (Boeing PR) – Boeing [NYSE: BA] will design and build seven super-powered medium earth orbit (MEO) satellites for SES, delivering efficient high-performance data communications services to users around the world.

(more…)

Start-up Space Blasts Off

Bryce Space and Technology has produced a new report, Start-up Space: Update on Investment in Commercial Space Ventures.

Below is the executive summary. You can also download the full report.

Executive Summary

The Start-Up Space series examines space investment in the 21st century and analyzes investment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide. Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products. Large valuations and exits are demonstrating the potential for high returns.
(more…)

MDA Forms Space Infrastructure Services for Satellite Servicing

Satellite refueling mission (Credit: MDA)

SAN FRANCISCO, June 28, 2017 (SSL MDA PR) — SSL MDA Holdings Inc., a global communications and information company, today announced important milestones in its progress to bring transformational on-orbit satellite servicing to market.

Space Infrastructure Services LLC (SIS), a new U.S. company, will commercialize sophisticated satellite servicing capabilities, including refueling. SIS will be majority owned by Finance Technology Leverage LLC (FTL), a global investment company headquartered in Silicon Valley, along with other U.S. investors, with SSL MDA Holdings maintaining a minority ownership share.  Full financing for the venture is expected to conclude in the coming weeks.

(more…)

Falcon 9 Launch Succeeds, Reused First Stage Lands on Ship

Reused Falcon 9 first stage after landing on drone ship. (Credit: SpaceX webcast)

SpaceX successfully launched the SES10 communications satellite on Thursday evening, with its reused first stage performing as expected and landing on an off-shore drone ship.

In a brief statement during the live webcast, SpaceX Founder and CEO Elon Musk called the flight a historic day for the company and the space industry. It had taken 15 years to get to this moment, he said.

In a video prior to launch, SpaceX President Gwynne Shotwell said the company spent about four months refurbishing and testing the first stage booster after it landed on the drone ship after launching a Dragon resupply vehicle to the International Space Station last April. That flight marked the first time a first stage had landed on the drone ship.

Shotwell said the company’s eventual goal is to land the first stage, refuel the booster, and then launch it again the same day. She did not give a time table for when such a flight would be possible.

Musk has said that such a rapid turnaround is crucial to making first-stage reuse truly economical and significantly bringing down the cost of launches.

SpaceX does not recover the second stage of the Falcon 9 booster. So any same-day re-flight would include the installation of a new second stage as well as the payload.

There were reports that SpaceX would attempt to recover the payload shroud used for Thursday’s launch for later reuse. There is no word yet on whether that effort was successful.

Falcon 9 Launch Set for This Evening

The U.S. Air Force’s 45th Space Wing supported SpaceX’s successful launch of the EchoStar XXIII spacecraft aboard a Falcon 9 rocket from Launch Complex 39A at NASA’s Kennedy Space Center March 16 at 2 a.m. EDT. (Credit: SpaceX webcast)

SpaceX is set to launch its Falcon 9 booster with the SES-10 communications satellite tonight at 6:27 pm EDT (3:27 pm PDT, 10:27pm UTC). It will be the first attempt to launch a used first stage booster.  SpaceX will stream the launch at www.spacex.com.

SpaceX to Refly Falcon 9 First Stage on Thursday

Falcon 9 first stage after landing on drone ship (Credit: SpaceX)

SpaceX looks to make history on Thursday by re-flying a Falcon 9 first stage for the first time.

Elon Musk’s company is targeting a 6 p.m. EDT liftoff from the Kennedy Space Center in Florida. The booster is carrying the SES-10 communications satellite.

The refurbished first stage was used to launch a Dragon supply ship to the International Space Station last April. The stage landed on a drone ship off shore.

A brief static fire of the first stage’s 9 Merlin 1-D engines is scheduled for today.

A Look at Launches in 2016

Atlas V launches the NROL-61 satellite. (Credit: ULA)

Excerpt from

The Annual Compendium of
Commercial Space Transportation: 2017
Federal Aviation Administration
Office of Commercial Space
Transportation (FAA AST)

January 2017

2016 Launch Events

Space launch activity worldwide is carried out by the civil, military, and commercial sectors. This section summarizes U.S. and international orbital launch activities for calendar year 2016, including launches licensed by the Federal Aviation Administration’s Office of Commercial Space Transportation (FAA AST). Countries and jurisdictions worldwide that possess functional and operating indigenous launch industries are the United States, Russia, China, European Union, India, Japan, Israel, Iran, North Korea, and South Korea. Several other countries, including Argentina, Brazil, and Indonesia, are developing launch vehicle technologies.

(more…)

SpaceX Again Aims for High Launch Cadence

Falcon 9 launch (Credit: SpaceX)

SpaceX’ is hoping the fourth time will be a charm.

For the fourth year in a row, SpaceX is trying to significant increase its launch rate.

Space Exploration Technologies Corp, better known as SpaceX, plans to launch its Falcon 9 rockets every two to three weeks, its fastest rate since starting launches in 2010, once a new launch pad is put into service in Florida next week, the company’s president told Reuters on Monday.

“We should be launching every two to three weeks,” SpaceX President Gwynne Shotwell told Reuters in an interview on Monday.

During each of the past three years, the company tried to vastly improve its launch cadence only to hit significant setbacks.

(more…)

The Year Ahead in Space

Donald Trump (Credit: Michael Vadon)
Donald Trump (Credit: Michael Vadon)

It’s going to be busy year in space in 2017. Here’s a look at what we can expect over the next 12 months.

A New Direction for NASA?

NASA’s focus under the Obama Administration has been to try to commercialize Earth orbit while creating a foundation that would allow the space agency to send astronauts to Mars in the 2030’s.

Whether Mars will remain a priority under the incoming Trump Administration remains to be seen. There is a possibility Trump will refocus the space agency on lunar missions instead.

Rep. Jim Bridenstine (R-OK), who is currently viewed as a leading candidate for NASA administrator, has written two blog posts focused on the importance of exploring the moon and developing its resources. Of course, whether Bridenstine will get NASA’s top job is unclear at this time.

(more…)

SES to Launch Satellite on Reused SpaceX Falcon 9 Rocket

A Falcon 9 first stage lands after launching the SES-2 satellite. (Credit: SpaceX)
A Falcon 9 first stage lands after launching the SES-2 satellite. (Credit: SpaceX)

LUXEMBOURG & HAWTHORNE, Calif., August 30, 2016 (SES/SpaceX PR) — SES (Euronext Paris:SESG) (LuxX:SESG) and SpaceX announced today they have reached an agreement to launch SES-10 on a flight-proven Falcon 9 orbital rocket booster.

The satellite, which will be in a geostationary orbit and expand SES’s capabilities across Latin America, is scheduled for launch in Q4 2016. SES-10 will be the first-ever satellite to launch on a SpaceX flight-proven rocket booster.

(more…)

SES Takes Controlling Share in O3b Networks

SES_LogoLUXEMBOURG (SES PR)–SES S.A. (NYSE Paris:SESG) (LuxX:SESG) has agreed to increase its interest in O3b Networks (O3b) to 50.5% and, in doing so, will take a controlling share in the company. The transaction is subject to regulatory approvals which are expected to be completed during H2 2016.

SES will pay USD 20 million to increase its fully diluted ownership of O3b from 49.1% to 50.5%, bringing its aggregate equity investment in O3b to date to USD 323 million (EUR 257 million). On completion, SES will consolidate O3b’s net debt, which is currently USD 1.2 billion. The transaction is expected to generate returns exceeding SES’s hurdle rates for infrastructure investments.
(more…)