Month: December 2023

TAMPA, Fla. — The European Investment Bank (EIB) has agreed to explore the funding and advisory support needed to transform Belgium’s southern region Wallonia into a space powerhouse. EIB signed a Memorandum of Understanding (MoU) with Belgian government officials Dec. 18 to develop Wallonia’s space industry, marking the first time Europe’s lending arm has entered
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HELSINKI — Leading Chinese launch startup Galactic Energy has secured $154 million in funding for the development of its reusable Pallas-1 rocket. Galactic Energy announced the 1.1 billion yuan C and C+ funding rounds Dec. 18. The funding will go towards research and development of reusable launch vehicle technology for the Pallas-1 medium-lift rocket and
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WASHINGTON — The White House is releasing a policy framework to accompany its proposal to provide oversight of novel commercial space activities. The framework, to be announced at a Dec. 20 meeting of the National Space Council, is intended to accompany a separate legislative proposal for mission authorization it released Nov. 15. That proposal would
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WASHINGTON — Defense contractor L3Harris announced Dec. 20 it has received approval from the Space Development Agency to move into production on 16 satellites designed to detect and monitor hypersonic missiles aimed at the U.S. or its allies.  L3Harris said its satellites cleared a critical design review and a production readiness review.  The Space Development Agency
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SAN FRANCISCO — A delegation from the French Space Agency CNES visited Colorado and Texas last week to expand ties between French and American aerospace companies. The officials, who jokingly refer to themselves as France’s NewSpace Musketeers, plan to establish virtual hubs in Denver and Houston for Connect by CNES, a government initiative to spur
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