U-Space Nanosatellites’ Post

LatConnect 60 Ltd's SWIRSAT mission will deliver high resolution SWIR data which is at least 5 times better resolution than the market, leading to more accurate and effective methane and other emissions measurements, initially in the oil and gas sector. This satellite mission funded by the Australian Space Agency via the International Space Investment (ISI) India Program of almost $5.8 Million will be the first of a larger constellation concept of mid-inclined Low Earth Orbit (LEO) satellites with LatConnect 60’s proprietary SWIR sensors and advanced technology to enable regular and near real-time measurement and onboard calibration of data. This mission is an essential step not only in the delivery of the LatConnect 60 constellation concept, but also enabling LatConnect 60 to work more closely with the Australian Space Agency, as well as its Australian and Indian partners, leveraging India’s Space Ecosystem, in the creation and use of significant technology and skills in Australia for all of the above purposes. Our key partnership with our launch partner in India, Skyroot Aerospace, will open up greater visibility for the SWIRSAT mission and its benefits across Australia and India, and enable government and commercial end users to have access to the leading datasets from SWIRSAT to enhance the agriculture and resources sectors across both countries. We would like to thank the Australian Space Agency and all our key partners on this project. Skyroot Aerospace Gilmour Space Technologies Spiral Blue Stay tuned for more updates in due course! Enrico Palermo Arvind Ramana Hon. Premier Roger Cook Hon. Minister Stephen Dawson Hon. Minister Reece Whitby Linda Dawson Peter Klinken James Yuen Michele Clement #agriculture #climate #carbon #methane #resources #forestry #government #oil&gas #earthobservation #eo #satellitedata #satelliteimagery #geospatial #geoint #satellites #newspace #geospatialdata #emissions #westernaustralia #australia #australiaspacesector https://lnkd.in/gWVfUJuP

Today three projects have been awarded a total of AU$18 million under the Australian Space Agency’s International Space Investment India Project program. This investment will strengthen our already enduring strategic partnership with India, while also addressing combined challenges such as climate change.   Each of the following successful collaborative projects is a prime example of how we can boost Australia and India’s commercial space relationship by aligning on agreed areas of strategic importance. ⚫ LatConnect 60 Ltd (WA) has been awarded almost $5.8 million to develop and build a Low Earth Orbit satellite in Australia to collect information on carbon emissions at a very high resolution. ⚫ Space Machines Company (NSW) has been awarded more than $8.5 million for Space MAITRI (Mission for Australia-India’s Technology, Research and Innovation) - demonstrating advanced concepts such as on-orbit transportation and space debris mitigation. ⚫ Skykraft (ACT) has been awarded $3.7 million to propose and validate a new Position, Navigation and Timing system. This program demonstrates the role space – and science and innovation more broadly – can play in enhancing cooperation in our region for mutual benefit. Explore: https://lnkd.in/gXCFGV_7

Orbitworks Secures $100 Million to Advance Space Infrastructure Orbitworks, a leading private space infrastructure company, has raised $100 million in a funding round on August 26, 2024. This significant investment, led by Marlan Space and Loft Orbital, reflects growing confidence in Orbitworks role in the space industry. Based in Abu Dhabi, the company focuses on advancing space travel and infrastructure. The new capital will enhance its technological capabilities and support its projects, reinforcing its position as a key player in the evolving space sector. Key Highlights: ⁍ Funding Amount: $100 million ⁍ Primary Investors: Marlan Space, Loft Orbital ⁍ Headquarters: Abu Dhabi, UAE ⁍ Focus: Space infrastructure development and space travel technologies ⁍ Objective: Enhance technological capabilities, expand operations, and advance space infrastructure ⁍ Regional Presence: Europe, Middle East, Africa (EMEA), including Gulf Cooperation Council (GCC) countries The $100 million funding round significantly bolsters Orbitworks’ ability to drive advancements in space infrastructure. With key investments from Marlan Space and Loft Orbital, Orbitworks is set to enhance its technological capabilities and expand its operations. This development highlights the growing interest in space infrastructure and positions Orbitworks as a key player in shaping the future of space technology and exploration. #SpaceInfrastructure #Orbitworks #SpaceTravel #InvestmentRound #InnovationInSpace #MarlanSpace #LoftOrbital #SpaceTech #AbuDhabi #SpaceExploration #FundingNews #BreakingNews #Rasmal

Marubeni Group's Bold Move into Space Logistics With a rich history spanning over a century, the Marubeni Group has always been at the forefront of innovation. The latest move from them was their recent $100M investment in D-Orbit, an Italian space logistic firm. D-Orbit's services, including in-orbit transport, satellite servicing, and debris cleaning, which are all crucial in the rapidly evolving space sector. The collaboration between Marubeni Corporation and ANA Holdings Inc. to build a spaceport in Japan, involving other industry giants, further underscores this commitment. As the decommissioning of the International Space Station approaches, the race for next-gen space stations and the challenge of space debris call for innovative solutions and global coordination. Companies like D-Orbit, ClearSpace, and Astroscale are leading the way towards a sustainable space sector, a vision shared by Via Space Holdings. At Via Space Holdings, we are dedicated to fostering initiatives that make space exploration, especially space mining. a reality with our strategic investments in space. Connect with us to learn more. #InvestmentReimagined www.viaspaceholdings.com Source: https://lnkd.in/gFaYc5vc

🎉 Space Leasing International (SLI), one of our #aerospace subsidiaries and the world’s first dedicated space leasing company, has signed an agreement to purchase a ground station in Pitea, Sweden, which will be leased to RBC Signals and incorporated into its network of over 80 antennas around the world! 🚀Since its launch in 2023, SLI is advancing a robust pipeline of transactions in both ground and orbit segments, including the acquisition of two ground stations in the geo-spatially critical Alaskan Arctic (vital for polar orbits that monitor #climatechange). These agreements empower providers like RBC Signals to expand their operations and deliver innovative satellite communication solutions. 🌍SLI’s newest ground station marks a milestone expansion to a new country, and underscores the commitment to fostering strong partnerships in the aerospace industry as it continues to fulfill its original commitment with RBC Signals to invest in and lease 20 ground stations worldwide. By leveraging Libra Group's proven track record in leasing high value assets, SLI aims to accelerate the growth of the projected $1 trillion space economy by leasing a diverse portfolio of space assets, bridging the gap between manufacturers and operators. Collaborations like this are crucial for driving progress and #innovation in the ever-evolving space exploration and #satellite technology landscape. Congratulations to the SLI team on this announcement and their dedication to building trusted relationships with manufacturers and operators! #SpaceLeasing

International Space Technology Convention 2024 "ISTC'24" ISTC'24 is the second edition of the groundbreaking largest virtual space and technology convention in the industry to date. Date and time November 21 | 4pm - November 23 (2 days 6 hours) · 10pm GMT+8 Location Online Join us for the second edition of the International Space Technology Convention (ISTC'24) to gain exclusive insights from leaders in the space and technology industry. Get updates on groundbreaking programs and learn about new partnerships that are driving the industry forward. Engage with key stakeholders and explore unique opportunities as we delve into this year's theme: "Harnessing Cutting-Edge Technology for Sustainable Innovation in Space Exploration." Connect with global space leaders, engineers, and pioneers to reimagine space travel and forge pathways to the stars. Be a part of the movement that will define the future of space exploration. Register now for ISTC'24 - where innovation fuels the cosmos! Register for FREE, click here: https://bit.ly/ISTC_24. #MARVECX #istc'24 #aerospace_industry #aviation_industry #technology_industry #space_conference #online_convention #SDGs #SpaceInnovation #AerospaceIndustry #TechnologyForSpace #SpaceConference #OnlineConvention

SaveTheDate Event ..."Space Sector Economics & Investment - Recent release of WEF...Space forecasts global space sector to grow to $1.8 Trillion by 2035. 25% of Australia’s GDP comes from Mining & Agriculture with space capabilities an important contributor to the growth & productivity of these sectors. Australia’s space sector percentage of GDP by comparison to other developed countries is far below that of the US, UK, Canada and New Zealand. Investment and funding are well-known challenges in the Australian Space Sector. The time is now for Australia to capitalise on investment opportunities available both nationally and internationally. Explore learnings and opportunities available to improve access to such sources of investment." Speakers: Jun Qu, Investment Manager, Main Sequence Helene Huby, Founder & CEO, The Exploration Company (Virtual) Imelda Alexopolous, Director of Exploration Strategy, Fleet Space Technologies Kate Ramsay, Deputy Chair, Geospatial Council of Australia (GCA) Eva Rodriguez Rodriguez, Director of Impact and Space Lead, Breakthrough Victoria and Member iLAuNCH Trailblazer Industry Advisory Panel Dr Vinod Kumar, Director, Promotion Directorate, IN-SPACe Learn more about 17th Australian Space Forum... solving the challenges of tomorrow, NewSpaceEconomy... Space Resources ...Space Exploration... more panels ... program & speakers agenda https://lnkd.in/ern2eiBd

Sierra Space, valued at $5.3 billion, eyes IPO to 'accelerate the new space economy' Sierra Space, one of the space industry’s most valuable private companies, plans to go public within the next 18 months, according to its CEO. Valued at $5.3 billion in its most recent funding round, the Colorado-based company was spun out of defense contractor Sierra Nevada Corporation in 2021. Since then, the firm has placed its bets on building out the growing space economy, from developing rocket propulsion technology to a commercial space station with Blue Origin. The space economy is forecast to reach $1.8 trillion by 2035, according to a new report published by the World Economic Forum. Much of that growth is expected to be built on communications satellites and launch vehicles, but space is expected to take an increasingly important role in other industries as well, including biotech, consumer goods, and supply chain and transportation. Please read the article below by Yahoo Finance for more details. #ipo #capitalmarkets #publicready #space #economy #trillion #blueorigin

🚀 SPACE, the final frontier… for investing? Traditionally dominated by governments, the space sector is witnessing an unprecedented surge in commercial activity. According to McKinsey & Company, the global space industry is projected to reach a staggering $1.8 trillion by 2035—nearly tripling in size from 2023! From reusable rockets and launchers, to better satellite networks, increased connectivity, new defense systems, and moon and interplanetary exploration… It’s clear that we are in a NEW SPACE RACE🪐. And it’s only accelerating. What does this all mean for the individual investor? The opportunities to invest in cutting-edge private space companies are wide and varied. Whether it’s manufacturing, communications, exploration, national defense, or space tourism… the space unicorns of tomorrow are gaining traction today. So keep an eye on both established space sector companies and up-and-comers. In an industry poised for growth, you could soon be on the launchpad for “3… 2… 1… LIFT OFF!” Looking for some investing inspiration? Read more here ---> https://bit.ly/4bMzanb #SecondaryMarket #AlternativeInvestments #PrivateMarkets #Research #VentureCapital #VC #PrivateEquity

Sarah Verwei and Josef Aschbacher are involved in "Revolution Space," a strategic initiative aimed at transforming Europe's role in space exploration. Their work emphasizes the urgent need for Europe to enhance its ambitions and capabilities in both human and robotic space exploration to maintain geopolitical influence and achieve economic growth. The initiative outlines the importance of increased public and private investments, the establishment of an independent European presence in space, and fostering public-private partnerships [oai_citation:1,Report: Revolution Space – Europe’s Mission for Space Exploration (ESA HLAG 2023) | New Space Economy](https://lnkd.in/eXgBauHD) [oai_citation:2,ESA - ESA to embolden Europe's space exploration](https://lnkd.in/eP4G3PUa). The "Revolution Space" report by the European Space Agency's High-Level Advisory Group, of which Aschbacher is a key figure, argues that Europe must act decisively to avoid falling behind other global powers in space. It suggests concrete actions to capture a significant portion of the projected trillion-euro space economy by 2040, thus securing Europe's strategic interests and inspiring future generations [oai_citation:3,Revolution Space: Report - European Space Sciences Committee](https://lnkd.in/eJnXJZDn). Their efforts are part of a broader vision to make Europe a transformative player in the space sector, emphasizing the need for a bold narrative and ambitious goals to catalyze innovation and growth. This initiative is seen as crucial for Europe to avoid dependency on non-European companies for astronaut access and to leverage space exploration as a means of sustaining and enhancing its global influence [oai_citation:4,ESA - ESA to embolden Europe's space exploration](https://lnkd.in/eP4G3PUa).