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First funding call for C-LEO programme for satellite communications

Alun Williams — Thu, 04 Apr 2024 05:06:03 +0000

The UK Government has launched the first funding call for its C-LEO programme – to help boost the country’s satellite communications sector – which was announced in the recent Spring ...

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Simera Sense satellite camera specialist raises €13.5m funding

Alun Williams — Tue, 26 Mar 2024 06:06:13 +0000

Simera Sense, an optical payload specialist for small satellites, has raised €13.5 million in its first funding round. The funding will be used to further develop its camera product range, ...

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Saudi Arabia plans to muscle in on AI

Caroline Hayes — Wed, 20 Mar 2024 08:18:34 +0000

Saudi Arabia plans to invest in AI with an investment plan estimated to be around $40bn, according to a report in the New York Times. The announcement was made in ...

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Space South Central finds funding portal to Cosmic Capital

Alun Williams — Mon, 11 Mar 2024 06:06:01 +0000

Space South Central is the portal to Cosmic Capital for space-related SMEs to attract financial backing. The regional space organisation – taking in Surrey and Hampshire – and the SETsquared ...

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UK Space Agency funds £10m comms tech competition

Alun Williams — Fri, 01 Mar 2024 09:58:56 +0000

The UK Space agency is funding a comms tech competition with a potential of £10 million investment open to a range of “innovative products or components, systems or services, and ...

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Quindar plots AI-driven satellite management, raises $6m

Alun Williams — Tue, 06 Feb 2024 06:06:51 +0000

Quindar, the maker of a platform to monitor and automate satellite operations, has closed an oversubscribed $6 million seed extension round. The funding was led by Fuse with continuing ...

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London electric truck maker to merge with Arizona EV contract manufacturer

Steve Bush — Tue, 15 Aug 2023 14:35:12 +0000

Tilbury based electric delivery lorry maker Tevva plans to merge with Arizona contract EV manufacturer ElectraMeccanica. “Tevva recently commenced deliveries of its 7.5 tonne battery-electric truck to commercial fleet customers ...

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Leaf Space raises €20m series B to expand ground station network

Alun Williams — Fri, 11 Aug 2023 05:06:49 +0000

Leaf Space has raised capital for a total of €20 million ($22 million) on top of a loan by the European Investment Bank (EIB) for a further €15 million through ...

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Samsung upgrades SmartSSD

David Manners — Thu, 21 Jul 2022 07:13:24 +0000

Samsung has upgraded its SmartSSD which processes data directly, thereby minimising data transfers between the CPU, GPU and RAM. The SmartSSD uses Xilinx Versal Adaptive SoCs to integrate the storage ...

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Anglia Unicorn connects dots for tech start ups

Caroline Hayes — Mon, 20 Sep 2021 08:00:06 +0000

Anglia Components has broken ranks with other distributors targeting the UK’s start-ups and entrepreneurs and has launched a dedicated division, Anglia Unicorn, to put academic start-ups in touch with financial ...

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