Tag: Asia
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China Plans Expansion of Tiangong Space Station with New Module
China is preparing to expand its Tiangong space station by adding a new multifunctional module that will transform the orbital outpost from its current T-shaped configuration into a cross-shaped structure. The expansion represents the next phase of the station’s long-term development plan and is intended to increase scientific research capacity, support more frequent missions and…
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STMicroelectronics Targets $3 Billion in Space Revenue on Growing LEO Demand
STMicroelectronics expects to generate more than $3 billion in revenue from its space-related business over the next three years, driven by growing demand in low-Earth orbit (LEO) satellite programs and continued collaboration with SpaceX. Speaking during a virtual presentation, Remi El-Ouazzane, president of Microcontrollers, Digital ICs and RF Products at STMicroelectronics, said the company’s LEO-related…
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Bellatrix Aerospace Raises $20 Million to Scale Satellite Propulsion Production
Bellatrix Aerospace has raised $20 million in a pre-Series B funding round led by Cactus Partners, as the company looks to expand production of its satellite propulsion systems. The Bengaluru-based firm said the new capital will be used to increase manufacturing capacity in response to growing demand from satellite constellations in India and international markets.…
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Ramon.Space Plans Orbital Data Center Prototype Launch With Ingrasys
Ramon.Space is preparing to launch a prototype orbital data center in collaboration with Ingrasys, targeting a first demonstration mission as early as 2026. The initiative marks a new step in the emerging race to deploy computing infrastructure in space, with the companies aiming to build scalable in-orbit data processing capabilities by the end of the…
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LandSpace’s Lanyan Methane Rocket Engine Completes Long-Duration Test
China’s commercial space company LandSpace has successfully conducted a long-duration full-system test of its Lanyan liquid oxygen–methane rocket engine, according to a report by China Media Group. The 220-tonne-class engine uses a full-flow staged-combustion cycle, a highly efficient but technically complex engine design, and is intended to support next-generation heavy-lift launch vehicles for China’s expanding…
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PLD Space Raises €180 Million Series C Led by Mitsubishi Electric
Spanish launch company PLD Space has raised €180 million ($209.5 million) in a Series C funding round, bringing its total funding to more than €350 million, the company said. The round was led by Mitsubishi Electric and included investment from the Spanish Ministry of Science, Innovation, and Universities, COFIDES and Nazca Capital. PLD Space said…
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ISpace Raises $730 Million To Accelerate Reusable Rocket Development
Chinese commercial space company ISpace has raised about 5 billion yuan ($730 million) in a funding round it described as the largest to date for a private aerospace firm in China, as demand for satellite launches surges. The Beijing-based company, formally known as Interstellar Glory Aerospace Science and Technology, said the Series D++ round closed…
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Gilmour Space and Transcelestial Partner on Laser Communications for Satellites
Australian launch and satellite company Gilmour Space Technologies has entered into a long-term strategic partnership with Singapore-based laser communications firm Transcelestial to integrate optical communications technology into future satellite platforms, the companies said on Monday. As a first step, Gilmour Space will fly a Transcelestial laser communications terminal on an upcoming mission, supporting an in-orbit…
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Singapore to Launch National Space Agency as It Targets Global Space Economy Growth
Singapore will launch a national space agency on April 1 as it seeks to “fully harness the value and opportunities of the growing global space economy,” the country’s trade ministry said on Monday. The Ministry of Trade and Industry said it will oversee the new National Space Agency of Singapore, which will be responsible for…
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China Eyes Space-Based AI Data Centres, Setting Up Rivalry With SpaceX
China plans to deploy space-based artificial intelligence data centres within the next five years, state media reported, as Beijing steps up efforts to combine space technology and advanced computing in a move that could directly challenge initiatives outlined by SpaceX. China’s main space contractor, China Aerospace Science and Technology Corporation (CASC), said it will work…