During the trilateral meeting between the representatives of Russia, Kazakhstan and the UAE, the parties discussed opportunities for the improvement of joint investment projects in the space industry with application of high-tech innovation developments. The meeting was held within the framework of the XV International Aerospace Exhibition Dubai Air Show – 2017.
During the meeting, Sheikh Mansour bin Zayed Al Nahyan (UAE) expressed interest in considering the possibility of the UAE participation in the joint Russian-Kazakhstan project Baiterek. The Baiterek Rocket and Space Complex set to launch in 2025, is a joint-venture project between Russia And Kazakhstan. The project is based on the existing infrastructure of the Zenit space and rocket complex at the Baikonur Cosmodrome and the Phoenix, the promising medium-range carrier rocket that will be created by Russia within the Federal Space Program starting in 2018. The Russian side will be responsible for creating a new carrier rocket and the Kazakh side is responsible for modernizing the Zenit’s existing launch and technical complexes.
In order to develop a further strategy and coordination of activities, an agreement was reached on the establishment of a tripartite working group for the development of joint projects in the space sector.
You can find more information on this topic via the following link.
At its 64th session, held on November 2, 2017, the Government of the Republic of Croatia adopted a decision on the initiation of the procedure for concluding an agreement between the Government of the Republic of Croatia and the European Space Agency (ESA) on space co-operation for peaceful purposes.
The Republic of Croatia is not a formal member of ESA. In April 2014, a letter of intent was sent to the Director General of the ESA, expressing the desire of the Republic of Croatia to become a member state. In May 2015, Croatia discusses co-operation options with the ESA delegation. Since 2015, the Republic of Croatia participates as observer state at the sessions of the ESA Council, the International Relations Committee and other working bodies.
The agreement paves the way for the full co-operation with ESA, facilitates the exchange of information through meetings, workshops, training programs and application of specific data as well as the use of the ESA’s assistance in compiling the national space strategy.
The long-term interest of the Republic of Croatia in terms of cooperation with ESA is also of economic nature. Approximately 90% of the budget of the European Space Agency is allocated for contracts with European industry and therefore it is expected that the Agreement will ultimately open new business opportunities for successful economic operators from the Republic of Croatia.
Luxembourg, one of Europe’s smallest countries is gradually becoming a giant in the space industry.
With a population of just over 590.000, Luxemourg now generates nearly 2 percent of its annual GDP ($61 billion in 2016 ) from the space industry, according to Deputy Prime Minister Etienne Schneider.
Luxembourg’s sights are set on resources in space, and the country’s “space resources initiative” is plans to make the most out of a quickly growing global industry, Schneider says. “It’s a series of measures to position Luxembourg as the European heart of exploration and use of space resources.”
Space mining is Luxembourg’s present focus, but it is not the country’s first encounter with the space industry. In 1985, Luxembourg launched a public-private partnership with satellite builder SES. While Schneider said he believes the satellite business has not reached a negative trend, he does not anticipate the space industry growing beyond the 2 percent GDP mark any time soon.
You can read more about the Deputy Prime Minister’s comments via this link.
The development of space technology and research are one of the few, perhaps the only, activities that are constantly on the rise, with no apparent limit to this rise. There are two reasons for this – the universe is the future of mankind and activities in this sector are interdisciplinary by their structure. The countries that understand it make every effort to broadly educate younger generations as the foundation of their space program. An example is a recent Canadian Space Agency competition award that would encourage the creation of small satellites, so-called „Cube Sats“. Here are the points of the competition:
• Expected budget for new awards over four years: $2.85 million
• Eligible recipients: Canadian post-secondary institutions (colleges and universities)
• Type of transfer payment: Grants
• Maximum amount per grant: Up to $200,000
• Duration of grant: Up to four (4) years from award
• Approxiate number of grants: 13
• Application deadline: December 15, 2017
What is also of significance is that considering the substantial costs that selected participants from the three farthest territories will face for travels to and from southern Canadian locations to attend collaborative efforts and/or project review meetings, the Canadian Space Agency (CSA) is planning on covering such travels for an amount not to exceed $50,000 per funded proposal involving a territory (in addition to the amount of $200,000 mentioned above). This action enables participants from the most distant areas of Canada to equally participate in the call.
You can find out more information on the call via this link.
The space age for mankind is just ahead. Along with all the achievements we have made, we need an important step to finally say that we are on the verge of that era. This is a step to provide cheap, safe, and stress-free people and goods to Low Earth Orbit (LEO). The current way does not meet any of these conditions. There are several ambitious ideas that would make that dream come true, and one is just about to get started with it. The Canadian Space Agency (CAA) is organizing a two-day event – Dream Chaser for Canada, to be held on 6-7 December, 2017 in their HQ in St. Hubert, Quebec.
The purpose of the event is to provide details about the Sierra Nevada Corporation (SNC) Dream Chaser project and establish a forum for discussions between SNC and Canadian companies and academia involved in space-related research and development activities. The objective is to create synergies and partnership opportunities with SNC, allowing Canadian firms and researchers to contribute their unique expertise to space exploration.
Morgan Stanley estimates the space industry, worth about $350 billion today, will grow into an economy worth more than $1.1 trillion by 2040, a team of analysts wrote in a note Thursday.
Private companies from the likes of Elon Musk and Jeff Bezos are driving much of the recent innovation in the industry, and Morgan Stanley admits investment opportunities are limited. Look to companies providing and benefiting from internet bandwidth, the firm says, where most of the upcoming value in the space industry will come.
You can find more information on the report via this link.
On Friday, October 13th 2017 11:27:44, Russian “Rockot” booster launched from Baikonur cosmodrome and carried ESA’s Sentinel 5p 820 kg satellite to its preliminary orbit. This is a sixth satellite in European Copernicus program, and the first one in the fleet that will monitor Earth’s atmosphere by taking daily precise measurements of trace gas levels. The collected data will help in monitoring air pollution and assist policy-makers and scientists. Tropomi spectrometer on board the Sentinel 5P will measure levels of gases such as methane, ozone, formaldehyde, carbon monoxide, sulphur and nitrogen dioxide and aerosols. Its unmatched resolution of 7 km x 3, 5 km will allow analysts to distinguish between pollution emitted in large cities and maritime shipping lanes, industrial facilities and oil and gas fields. The satellite will become operative in 6 months, and is planned to be active for seven years. As with all Copernicus satellites, all data will be publicly available for free. Its total cost sums up to $284 millions.
More details available here.
The second edition of the Space Tech Expo Europe will be returning to Bremen – a centre of space excellence, from 24 to 26 October 2017. The exhibition is Europe’s premier B2B Space engineering event for spacecraft, satellite, launch vehicle and space related technologies and draws attendance from thousands of industry leaders, decision makers, engineers, specifiers and buyers to meet manufacturers and the supply chain for civil, military and commercial space.
This free-to-attend exhibition will showcase the very latest technology for the designing, manufacturing and testing of spacecraft, satellite, launch vehicle and space-related technologies, bringing together engineers, systems integrators, contractors and suppliers in commercial, government and military space.
In cooperation with Enterprise Europe Network Bremen the exhibition offers attendees the opportunity to participate in a complimentary B2B Matchmaking Service to connect with other businesses on a one-to-one basis.
You can find more information, as well as participation details, via this link.
Northrop Grumman Corporation, a leading global security company, and Orbital ATK, Inc., a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval.
You can find out more about this acquisitoin via this link.