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#Isro's commercial arm #NewSpaceIndia (NSIL) and private space company #BellatrixAerospace signed an agreement to #integrate the #PushpakOrbitalTransferVehicle (OTV) in NSIL's #launch #missions. The #Pushpak is an in-space transportation spacecraft designed as a shared platform for smaller #satellites, to ferry them to multiple orbits. Think of it as UberPool or last mile delivery, for small satellites.

Space startup Astroscale shares rise 19% on $81M space debris removal contract Astroscale will create a new spacecraft called ADRAS-J2, which will be equipped with robotic arm technology to capture the debris by March 2029, according to a company statement. #SpaceDebris #Astroscale #SpaceCleanup #JAXA #OrbitalSafety #SatelliteTechnology #SpaceInnovation #ADRASJ2 #AerospaceEngineering #SustainableSpace #BusinessNews #IndiaNews #Business #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

Wonder how they’ll work out the surge pricing. “Orbital transfer vehicle developer Impulse Space will offer rideshare services for spacecraft going to geostationary orbit using its Helios tug, along with an upgraded version of its Mira vehicle.“Orbital transfer vehicle developer Impulse Space will offer rideshare services for spacecraft going to geostationary orbit using its Helios tug, along with an upgraded version of its Mira vehicle.” #spaceeconomy

['Korea's SpaceX' Innospace to go public in July] Korean hybrid space rocket developer secures order backlog of $12.61m INNOSPACE, a South Korean startup specializing in developing hybrid space rockets, said Monday that it will go public on the country’s tech-heavy bourse Kosdaq next month, spearheading the private sector’s space shuttle era. “In order to commercialize space projects such as data services using communications and Earth-observing satellites, space exploration, space travel and asteroid mining, space launch vehicles, which can carry satellites, people and supplies to space, are a must-have,” said Kim Soo-jong, CEO and founder of Innospace, at a press conference in Seoul. “Innospace has the country’s only hybrid rocket technology and proved its unrivaled technological competitiveness by succeeding in the launch of the self-developed Hanbit-TLV in March last year, a first for a domestic private firm.” The Korean space launch vehicle developer succeeded in the test launch that blasted off from the Alcantara Space Center in Brazil on March 19, opening up a new chapter for the country’s space sector. It also marked the world’s first successful launch of a hybrid rocket using an electric pump. Tap below to read full story. #Innospace #SpaceX #Korea #SouthKorea #space #hybrid #rocket #satellite #technology https://lnkd.in/gD_UVtub

Space exploration starting to open up to commercial firms in China, with AZSpace's B300-L commercial spacecraft slated for launch next month 🚀 Founded in March 2019, the company has become well-integrated into the fast-emerging cluster of space activity in Wuxi. In addition to the inaugural launch next month, AZSpace plans to launch 4 spacecraft in 2025 🛰️ While still in early stages, we've begun to see more typically state-dominated areas of the space sector, namely exploration, open up. When will we see a contract awarded to AZSpace for crewed astronaut missions? Only time will tell, but given how quickly they've moved thus far, sooner rather than later is a safe bet. #ChinaSpaceGuy https://lnkd.in/gW6KFVi8

Spanish space company PLD Space has unveiled an ambitious new line of next-generation rockets and Europe's first private crew capsule, LINCE. The firm aims to compete with SpaceX and bring Europe into the new space race alongside the US and China. PLD Space successfully launched the suborbital Miura 1 rocket last year and is developing the orbital Miura 5 for a 2025 maiden flight. The company also announced the larger Miura Next rocket, capable of vertical landings and carrying significant payloads to low Earth orbit by 2030. Variants like Miura Next Heavy and Super Heavy will feature additional boosters, enabling launches of heavier payloads to higher orbits, the Moon, and Mars. The LINCE crew capsule, designed to carry astronauts to the ISS and the Moon, is set for initial tests in 2025 and an uncrewed orbital flight in 2030. While PLD Space still has much to prove, its impressive roadmap signals a strong European contender in the rapidly evolving private space industry.

📈 MDA Space has secured a $1 billion contract from the Canadian Space Agency | Agence spatiale canadienne for the development of Canadarm3. This advanced robotic system will be integral to NASA’s Gateway, a lunar-orbiting space station supporting Artemis missions. Key Highlights: 🔹Contract Value: $1 billion from the Canadian Space Agency. 🔹Project Scope: Final design and construction phases of Canadarm3. 🔹Timeline: Contract extends until March 2030. 🔹Components: Includes a large arm, a smaller dexterous arm, and specialized tools. 🔹Collaboration: Involves over 200 Canadian companies. 🔹Innovation: MDA introduces MDA SKYMAKER™, leveraging Canadarm3 technology for commercial space robotics. 🔹Government Support: Emphasizes Canada’s commitment to lunar exploration and job creation. 🗣️ “Canadarm3 reinforces our leadership in space technology,” said MDA CEO Mike Greenley. Read more 👇 https://lnkd.in/eAMN-TqX #SpaceTech #Innovation #Canada #NASA #Artemis #Canadarm3 #SpaceExploration

🚀 Astroscale Successfully Launches Space-Junk Inspection Spacecraft, ADRAS-J... Astroscale Japan Inc., a leader in satellite servicing and orbital sustainability, has successfully launched ADRAS-J, the Active Debris Removal by Astroscale-Japan satellite. This pioneering spacecraft embarked on its journey from Rocket Lab's Launch Complex 1 in New Zealand, marking the start of a new chapter in space debris management. Key Highlights: 🔹ADRAS-J is part of JAXA’s Commercial Removal of Debris Demonstration program. 🔹This mission is the world’s first to approach, survey, and assess large debris in orbit using Rendezvous and Proximity Operations (RPO). 🔹The target is a Japanese H2A rocket body, aiming to gather crucial data on its movement and structural condition. 🔹A collaborative effort showcasing Astroscale Japan’s expertise in design, manufacture, test, launch, and operations. Eijiro Atarashi, the ADRAS-J Project Manager, expressed excitement over making contact with the satellite and the anticipation of surveying actual space debris. What are your thoughts on the role of private companies in ensuring the long-term usability of outer space? https://lnkd.in/eyVMGe7W #Astroscale #SpaceDebris #OrbitalSustainability #InnovationInSpace

Great article on India's space program! I am honored to be quoted. For India, "the tech is there and the ability is there... but space is tricky and very competitive, and while private companies have shown that they can create a niche for themselves, we need more proof of concept," said Namrata Goswami. She added that the Indian government must be an "anchor customer" for private industry. Link to the piece: https://lnkd.in/e7JaYb7i

The David and Goliath battle in space: India has a plan to carve out a beachhead in the battle for commercial space, officials say: crunching space data, building small satellites and launching them cheaply into orbit rather than challenging heavyweights such as SpaceX head-on. In short, India is playing it smart- build heavy lift rockets, but don't make that the focal point. Instead, capture the booming small satellite and launch market as best as you can. Become a regional space leader. That's where the $$$ is. My story for Reuters https://lnkd.in/g6P_dT4u Hat-tip to the experts : IN-SPACe ISpA- Indian Space Association Prateep BasuPawan Kumar Chandana Awais Ahmed Dhruva Space AgniKul Cosmos Bellatrix Aerospace GalaxEye ISRO - Indian Space Research Organization Namrata Goswami Sreeram Ananthasayanam Damodaran Raman Aniara Spacecom Space Exploration and Research Agency