Satellite News

Airbus Ventures announced its investment in CesiumAstro Inc., a developer of advanced aerospace communication systems, which today publicised its US$60 million oversubscribed Series B funding round, co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies. Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO .

British Earth Observation scale-up Satellite Vu, founded in 2016, has successfully closed the second round of its Series A, bringing total investment to £20 million.

British Earth Observation scale-up Satellite Vu, founded in 2016, has successfully closed the second round of its Series A, bringing total investment to £20 million.

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Lockheed Martin is looking for North East businesses and skills organisations to support its plans to develop a bold new future for the UK’s space sector. Senior executives from the company are in Newcastle today to explore options for its space business, which could potentially include manufacturing as well as research and development based in the North East.

Lockheed Martin is looking for North East businesses and skills organisations to support its plans to develop a bold new future for the UK’s space sector. Senior executives from the company are in Newcastle today to explore options for its space business, which could potentially include manufacturing as well as research and development based in the North East.

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OHB SE has acquired GEOSYSTEMS GmbH, one of the leading companies for the analysis and processing of sensor data from Earth observation satellites.

Lockheed Martin Corporation announced it has terminated its agreement to acquire Aerojet Rocketdyne Holdings, Inc.

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Tesat-Spacecom, Germany, said it is expanding its manufacturing footprint into the United States to support its U.S. government and commercial customers.