Tag: satellite
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PAVE Space secures $40M to fast-track satellite deployment
PAVE Space, a Swiss space infrastructure company, has raised $40 million in seed funding to develop a new generation of spacecraft designed to move satellites rapidly between orbits. The round was led by Visionaries Club and Creandum, with participation from Lombard Odier Investment Managers, Atlantic Labs, Sistafund, b2venture, ACE Investment Partners, Ilavaska Vuillermoz Capital, and read more
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Energy Aspects to buy Paris-based Kayrros to add satellite and geospatial analytics capabilities
UK market data and intelligence provider Energy Aspects has agreed to acquire Paris energy analytics and satellite data company Kayrros. The acquisition supports Energy Aspects’ growth strategy and will expand its data and analytics capabilities. By combining Energy Aspects’ market expertise and analysis with Kayrros’ capabilities in satellite-based monitoring and advanced analytics, the combined group read more
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Chicago, Meet Your New ‘Neighbors’: Expo Gets a New Satellite Fair, In a Luxe Gold Coast Apartment
Collector Mirka Serrato was walking her dog through Chicago’s affluent Gold Coast neighborhood when she came across Ramiro Verdugo, the groundsman tending to the garden at an imposing neoclassical residence. Both Latin American, they hit it off. She was looking for a place to live, and an apartment was available. She ended up living there read more
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The bombing of Tehran — in maps and satellite images
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tehran has been pockmarked by window-shaking explosions ever since Israel and the US launched their assault on Iran on February 28, with government buildings, military and intelligence sites, residential areas and civilian infrastructure struck as read more
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Spain’s PLD Space raises €180M to scale satellite launch infrastructure
International space transportation company, PLD Space, has closed a €180 million Series C equity funding round led by Mitsubishi Electric Corporation. The round included the Spanish Ministry of Science, Innovation and Universities, through the Centre for the Development of Technology and Innovation (CDTI) and its INNVIERTE fund, and the Spanish public funds management company COFIDES, read more
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Open Cosmos plans European rival to Starlink
An Oxford-headquartered spacetech startup says it’s gearing up to manufacture up to 200 satellites a year, as it looks to offer European governments and businesses an alternative communication channel to Elon Musk’s Starlink. Open Cosmos is launching a satellite network, called ConnectedCosmos, that will provide sovereign communication as an alternative to “transcontinental mega-constellations”, the read more
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Frieze LA Satellite Fairs Await Art Lovers and Crowds
On Wednesday morning at 11 a.m., the VIP line for Felix Art Fair extended from the Hollywood Roosevelt Hotel’s Blossom Ballroom out onto Hollywood Boulevard. And, as is always the case with this fair, the line for the elevators to ascend to the 12th floor was equally lengthy. For this reason—unlike the other fairs taking read more
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Spotlite closes €3.5M for satellite infrastructure monitoring
Portuguese Spotlite has closed a €3.5 million seed round to accelerate its global expansion. The round is co-led by Índico Capital Partners and Explorer Investments. Founded in 2017 by Ricardo Cabral and Martino Correia, Spotlite offers a platform that converts satellite data into actionable infrastructure insights, helping asset owners and operators reduce operational CapEx through read more
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