Global Recruitment & Executive Search Satellite & NewSpace Specialists MARCH 2021 Satellite & NewSpace Snapshot INDUSTRY INSIGHTS - LATEST NEWS No Let Up In February as NASA Lands on Mars In this issue: and Funding Free For All Omnispace Close $60m Funding Round Continues To Help Develop Satellite Network for 5G, IoT and Global Communications While it might be the shortest month of the year, February still managed to cram in a number of exciting developments and further innovation to keep up the strong start in 2021. In fact, so much has happened this February we SpaceX Announce Inspiration4 Mission and struggled to condense it into just a few articles! Offer The Chance to Win a Seat on a Falcon 9 This month we have seen NASA land its Perseverance rover on the surface of Mars, SpaceX launch more of it’s Starlink constellation and have a rare first stage landing failure, investment keeps rolling into the NewSpace Omnispace Lyteloop economy with a number of start-ups closing funding rounds and more established players like Telesat receive further funding as well exciting news SpaceX Axiom Space from Intelsat as they move closer to coming out of chapter 11. NASA Telesat As more and more positive development take place in the space industry we wait with baited breath to see what more 2021 has up its sleeves for us. Intelsat Osprey Technology BlackSky Acquisition www.neuco-group.co.uk
[email protected] Market Insights Omnispace Close $60m Funding Intelsat Announce Agreement with Round To Help Develop Satellite Creditors to Reduce Debt By More Network for 5G, IoT and Global Than 50% Communications The world’s largest satellite operator, Intelsat, announced Omnispace announced this month they had closed a this month that they have come to an agreement with round of equity financing of $60m to keep the launch of their creditors to reduce its debt liabilities by over 50%.