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Rise of the Indian private NewSpace industry, rocket builder’s pivoting to satellite manufacturing, and #IAC2021 results

Precious Payload Market Update: November 1, 2021 — November 7, 2021

Thanks to the #IAC2021, the first big offline space conference after almost two years of social isolation, most news items have been generated in the last couple of weeks. We’ve seen tons of signed MoU’s, announced partnerships, and closed deals. 

This year, there was no presence of China. But we remember many Chinese stands from both government and private sectors at the #IAC2019 in Bremen. It was great to see the significant presence of the Indian Space Agency, Polish Space Agency, and Saudi Space Commission

During the pandemic, there were many announcements that the Indian government created new associations to foster public-private partnerships. We saw a lot of well-funded launch providers and satellite operators ready to offer commercial services soon and setting its industry relatively stable compared to similar events they attended before. Privately funded companies like Digantara and GalaxEye, who are building their constellations, and launchers like Agnikul and Skyroot were seen bearing the fruits of this new legislation.

To add more to our recent market update, there was a piece of interesting news on Astra — they filed FCC for a satellite constellation. Someone from Twitter found a quote from the CEO of Astra two years before, where he mentioned that they would only build rockets and not venture into the satellite business. One more point to when you become a public company, you leverage any opportunity to keep your shareholders happy.

You can find more news below.

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Digantara partners with Orbital Astronautics to deliver a space debris tracking payload, SCOT, onboard an ORB-6 satellite platform to LEO in 2022 and serve as the pilot for Digantara’s future LEO constellation missions. (Source)

Virgin Orbit’s NextGen Acquisition Corp. II partners with Japan’s ANA HOLDINGS INC. to procure twenty flights of the LauncherOne rocket and lead orbital missions from the Oita spaceport by Q4 2022. (Source)

Oman plans to launch its first satellite to LEO by Q4 2022, collaborating with TUATARA, ETCO, and SatRevolution. (Source)

FCC receives applications from Amazon, Boeing, Hughes Net, Inmarsat, Telesat, and Astra to create an additional 35,000 satellites to LEO to offer global internet services. (Source)

Boeing receives approval from the FCC in building and launching its constellation of 147 satellites to LEO to provide broadband internet and communications to its customers by 2029. (Source)

Indian launcher Skyroot Aerospace plans to launch Dhruva Space‘s smallsats and deployers aboard Vikram 1 launcher starting 2023. (Source)

Amazon plans to launch its first set of Project Kuiper internet satellites, KuiperSat-1 and KuiperSat-2, to offer high-speed internet aboard ABL Space‘s RS1 rocket by Q4 2022. (Source)

New York-based iRocket will launch Turion Space Corp‘s 20 Droid satellites to LEO to tackle orbital debris and satellite servicing aboard its Shockwave launch vehicle across ten launches, with the first launch expected in Q4 2022. (Source)

Inmarsat selects Mitsubishi Heavy Industries to launch the first satellite in their Inmarsat-6 fleet (I-6 F1) and feature the first dual-payload satellites aboard an H-IIA Launch Vehicle №45. from the Tanegashima island, Japan, by year-end. (Source)

European Space Agency (ESA) plans to launch a European CO2 Monitoring and Verification Support Capacity (CO2MVS) constellation to measure human-made emissions of greenhouse gases in 2026. (Source)

PlanetIQ plans to establish a 20-satellite GNSS radio occultation constellation by 2024 after successfully deploying its GNOMES-2. It will also launch a GNOMES-3 satellite aboard a SpaceX Transporter-4 rideshare mission expected in Q1 2022. (Source)

Creotech Instruments and the Military University of Technology will lead the Polish Imaging Satellites (PIAST) project to develop three EO nanosatellites for the Polish Armed Forces. The plan is to launch satellites in 2024. (Source)

Vietnam Academy of Science and Technology (VAST) partners with CNES and Airbus to develop its next Earth-observation satellite, VNREDSat-2, and facilitate the Vietnamese 10-year space technology program. (Source)

HySpecIQ closes a Series B funding to develop and launch 12 hyperspectral imagery satellites starting 2023. (Source)

Canadian-based GHGSat receives $20M from Sustainable Development Technology Canada (SDTC) to scale its planned fleet of 10 greenhouse detecting satellites to be launched in 2023. (Source)

United Launch Alliance launched the Lucy spacecraft to study asteroids in partnership with NASA‘s Launch Services Program (LSP) aboard an Atlas V rocket from LC-41 last month. (Source)

Chinese private satellite company Spacety and Beijing University of Posts and Telecommunications (BUPT) plan to launch the Tiansuan Constellation to create an open-source platform to develop the 6G network by 2023. (Source)

SpaceX will launch Skynet 6A military communications spacecraft built by Airbus aboard a Falcon 9 to GEO in 2025. (Source)


Check out Precious Payload market update: October 18, 2021 — October 31, 2021 here.