This Week In Space Industry

Greetings Detectives

Welcome to Rocket Roundup, Your favorite Saturday space newsletter! We're here to share exciting space news and discoveries with you.

Let's embark on this cosmic journey together! In This Issue:

• Eutelsat and OneWeb merge, forming a pioneering GEO-LEO satellite group.

• Starpath Robotics plans lunar water mining for rocket fuel.

• U.S. Space Force considers a hotline with China for space diplomacy.

• Yahsat scores a $5.1 billion UAE government contract for cosmic connectivity.

• Abundant funding news alongside

🌐 Eutelsat and OneWeb Join Forces: GEO Meets LEO in Space Symphony 🛰️🚀

"When stars align, satellites combine!" 🌟 - Space Proverb

In a cosmic merger that's making waves across the galaxy, Eutelsat Communications and OneWeb have joined hands to create the Eutelsat Group. It's like the ultimate cosmic team-up, where GEO (Geostationary Earth Orbit) meets LEO (Low Earth Orbit), forming the first-ever integrated GEO-LEO satellite group. 🛰️

This celestial marriage brings together Eutelsat's formidable GEO fleet and OneWeb's expansive LEO constellation. The result? A cosmic cornucopia of connectivity services! Think global fixed connectivity, government services, and mobile connectivity, all bundled into one star-studded package. It's like getting unlimited Wi-Fi across the universe, from the Moon to Mars and beyond. 🌍🌌📡

Hold onto your space helmets, because the Eutelsat Group is set to soar! Analysts predict double-digit revenue CAGR growth, reaching approximately €2 billion in 2027. And that's not all! Adjusted EBITDA is also gearing up for a double-digit CAGR dance over the same period. Talk about financial rocket fuel! 🚀📈💰(Read More)

🌕 Starpath Robotics: Paving the Way for Lunar Liquid Gold 🤖💧

Starpath Robotics is boldly venturing where no robot has gone before – to mine and refine water for rocket propellant on the Moon and Mars. Imagine a lunar landscape filled with tireless robot miners on a quest for liquid gold! 🤖🌕💰

Their grand plan involves deploying a fleet of around 50 mining machines to collect lunar dirt. This lunar loot will then be processed into water and separated into its precious atomic constituents. The mining machines will journey between water-rich craters on the lunar South Pole and high-tech processing plants armed with super-large unfolding solar arrays. The liquid oxygen produced will be safely tucked underground until it's ready to propel rockets into the great cosmic abyss. It's like science fiction turned reality! 🚀🌌

🚀 Partnering with SpaceX: Lunar Dreams on the Horizon

Starpath Robotics aims to play nice with SpaceX's Starship-class vehicles and commercial lunar Starships by 2028. Picture this: Starships touching down on the Moon, loading up on lunar water, and launching back to Earth and beyond. It's like the cosmic equivalent of filling up your gas tank, but with liquid oxygen instead of unleaded. 🚀🌌⛽(Read More)

🌌 Space Force Hotline: Preventing Cosmic Catastrophes 📞🌠

In the name of interstellar diplomacy, the United States Space Force is contemplating a hotline with China. This hotline isn't for ordering pizza in space, though; it's about preventing potential cosmic crises! 🛰️🌏📞

General Chance Saltzman, the man with a name worthy of a sci-fi hero, suggests that direct communication between the Space Force and their Chinese counterparts could help keep tensions in check. But hold your warp drives; no engagement has occurred yet. The decision to launch this cosmic hotline would be made by President Joe Biden and the State Department. It's all about avoiding misunderstandings in the cosmic neighborhood. 🌌🌐🌠(Read More)

🚀 Yahsat's $5.1 Billion Cosmic Contract: Serving UAE's Satellite Dreams 🛰️

Yahsat Government Solutions (YGS), part of Yahsat, just hit the cosmic jackpot! They've been awarded a colossal $5 billion+ contract by the UAE government. It's like winning the space lottery! 🚀🌌💰

Under this 17-year agreement, YGS will provide satellite capacity and managed services to the UAE government, replacing two existing deals. They'll be using the Al Yah 1 and Al Yah 2 satellites, along with the upcoming Al Yah 4 and Al Yah 5, set to launch in 2027 and 2028. It's like a high-stakes poker game in space, and Yahsat just pulled off a stellar bluff! ♠️🚀💫

This contract solidifies Yahsat's dedication to meeting the UAE government's satellite communication needs, ensuring that cosmic conversations continue to flow seamlessly. It's a stellar win for the space communication realm! 🌌📡(Read More)

🔒 Xage Security Gov: Fortifying the Cyber Cosmic Frontier with a $17 Million Shield 💻

Xage Security Gov, the guardians of zero trust solutions, have struck cyber gold with a $17 million contract from the U.S. Space Force's Space Systems Command (SSC). It's like getting a top-of-the-line cyber blaster to defend the digital galaxy! 💻🌐

The mission? To provide zero trust access control and data protection across SSC's current and future ground and space systems. Zero trust, a buzzword in the Department of Defense, aims to lock down cybersecurity and shrink attack surfaces. And guess who's taking point? Xage's distributed zero trust-based cybersecurity mesh, of course! 🤖🔒🌐(Read More)

💰 Sierra Space's Galactic Fundraising Adventure: $290 Million in Series B 🌌

Sierra Space, the cool kids of commercial space, have hit the jackpot with a stellar $290 million Series B funding round. This raises their total capital to an astronomical $1.7 billion, setting a record for the biggest Series A and B combo in the commercial space realm. They've got a cosmic valuation of $5.3 billion now! 💼💰🌠

Sierra Space plans to use this financial warp drive to establish global partnerships and supercharge their space technology ecosystem. They're turning their Dream Chaser spaceplane into a regular space taxi for NASA, shuttling cargo back and forth to the International Space Station (ISS). And that's not all! They're also building the first commercial space station, destined for Low Earth Orbit (LEO) and beyond. Think of it as a cosmic Airbnb! 🏠🚀🌌(Read More)

🚀 Sidereus Space Dynamics: Blasting Off with €5.1 Million Cosmic Fuel 💥🚀

Primo Space and CDP Venture Capital SGR are doubling down on Sidereus Space Dynamics with a €5.1 million investment. It's like rocket fuel for revolutionizing spaceflight! 🚀🌌💶

The funds are aimed at powering Sidereus Space Dynamics' EOS, a next-gen single-stage launcher designed to make spaceflight as routine as your morning coffee. This is the rocket that will take us to the stars, with the goal of reducing costs and making space more sustainable and versatile. Picture this: EOS soaring into the cosmos, carrying dreams and payloads to the great unknown. It's the dawn of a new space age! 🌠🚀🌌

With this investment, Sidereus Space Dynamics will advance to pre-flight and flight test phases, inching closer to that pivotal moment - the first experimental orbital launch of the EOS rocket. Space exploration just got a turbo boost! 🚀🌌🌟(Read More)

•  ispace Announces New CEO of ispace U.S. Entity

• True Anomaly has secured a $17 million contract with the Space Force to deliver a suite of space domain awareness software products over a four-year period.

• Kuiper Exec Dave Limp to Replace Bob Smith as Blue Origin CEO

• UK Space Agency has announced plans to invest £79 million in space innovations

• ArianeGroup Invests €27M More into MaiaSpace

• SpaceX wins first Pentagon contract for Starshield

• Sidus Space Names New Board Chair and COO

DISCLAIMER: (Rocket Roundup is an independent publication and is not affiliated with any government agency or space organization.)