News

Will Whitehorn joins UKspace as President
By September 24, 2019 0 Comments Read More →

Will Whitehorn joins UKspace as President

Space industry pioneer and entrepreneur, Will Whitehorn, today takes over from Andy Green as President of UKspace, the trade association which represents the UK space industry. Will, who was formerly President of Virgin Galactic, played a central role in the development and concept of commercial spaceflight, and now holds several non-executive roles at companies including […]

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Space mining market expected to reach US$2.84bn by 2023
By September 13, 2019 0 Comments Read More →

Space mining market expected to reach US$2.84bn by 2023

A new report forecasts that the global space mining market will grow from $0.65bn in 2018 to $2.4bn by 2023, representing a compound annual growth rate (CAGR) of 23.6%. Yet this is still an industry that is very much at the earliest stages of development: a Caltech study put the cost of an asteroid mining […]

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First Earth observation satellite featuring AI tech ready to launch
By September 12, 2019 0 Comments Read More →

First Earth observation satellite featuring AI tech ready to launch

When the two CubeSats that make up the FSSCat mission launch, they will be the first to feature the ɸ-Sat artificial intelligence (AI) technology to demonstrate the potential of AI in space. During ɸ-week, ESA’s director of Earth observation programmes, Josef Aschbacher, said: “We see that there is huge interest in ɸ-Sat and thanks to […]

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Identifying natural resources from space
By September 11, 2019 0 Comments Read More →

Identifying natural resources from space

The Mission and Agile Nanosatellite for Terrestrial Imagery Services (MANTIS) satellite could soon be helping energy and mining businesses identify new resources, after the demonstration project was awarded co-funding from industry and the UK Space Agency through its investment in the ESA’s InCubed programme. UK company Open Cosmos will provide the design, manufacturing, testing, launch […]

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QinetiQ awarded £67m Robust GNS contract
By September 10, 2019 0 Comments Read More →

QinetiQ awarded £67m Robust GNS contract

QinetiQ has won a £67m contract with the Ministry of Defence (MOD) to develop multi-constellation satellite receivers under the UK Robust Global Navigation System (R-GNS) programme. The programme will deliver critical capability to provide UK Defence with accurate and resilient positioning, navigation and timing (PNT) which will underpin the UK’s ability to undertake 24/7 military […]

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Report casts doubt on Sutherland Space Hub construction due to rising costs
By September 3, 2019 0 Comments Read More →

Report casts doubt on Sutherland Space Hub construction due to rising costs

A paragraph in a report from Audit Scotland, looking at various projects being undertaken by Highlands and Islands Enterprise (HIE) has raised doubts over whether there is sufficient funding available to develop the Sutherland Space Hub. HIE approved £17.3m to support the project for a vertical launch facility on the A’Mhoine peninsula in the north […]

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Innovation grant for balloon launch evaluation at Shetland

Innovation grant for balloon launch evaluation at Shetland

While Sutherland Space Hub and Spaceport Cornwall have both been approved as sites for UK space launch operations, and Prestwyck has been making a strong argument as a further horizontal launch location, Shetland has been quietly building its own case a launch site. Now a project to evaluate the suitability of Shetland as a location […]

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Space electronics market set to see CAGR of 5.22% to 2024

Space electronics market set to see CAGR of 5.22% to 2024

Analysis of the global space electronics industry highlights that the market generated $1.27 billion in 2018 and is expected to grow at a CAGR of 5.22% during 2019-2024. North America dominated the global space electronics market in 2018, whereas, Asia-Pacific is expected to have the highest growth rate during the forecast period 2019-2024. These are […]

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OneWeb takes sustainability into orbit

OneWeb takes sustainability into orbit

OneWeb reaffirmed its focus on responsible space practices with three commitments at the Summit for Space Sustainability, and called on the wider industry to do the same. The commitments are born from OneWeb’s firm belief that the entire space industry bears a shared responsibility for ensuring the potential of the new frontier in mobility, communication […]

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Underwriters stay calm, while liability grows as a concern

Underwriters stay calm, while liability grows as a concern

The Seradata Space Conference in June examined space risks, business and insurance. To summarise, underwriters were staying calm despite last year’s loss, while in-orbit tracking and liability have emerged as new industry concerns. Following a slightly doom-laden intro-duction about the prospects for space insurance by chairman Pascal Lecointe of Hiscox, the conference kicked off with […]

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