Los Angeles-based Relativity Space has raised $500M in a round of Series D financing led by Tiger Global Management and will use the funds to advance the development of its launch vehicle, 3D printing technologies and other programs. “We are on track to launch our first Terran 1 rocket to orbit next year with existing capital on our balance sheet," said Tim Ellis, co-founder and CEO of Relativity Space.Read More »
TYSONS CORNER, VA, February 6, 2020 — Iridium Communications (Nasdaq: IRDM) collaborated with Amazon Web Services to introduce a service that will enable clients to use internet-of-things platforms on a global level though satellite-enabled cloud technology, GovCon Wire reported Jan. 29.Read More »
Matt Desch, CEO of Iridium Communications and a 2019 Wash100 award recipient, told Bloomberg in an audio interview posted Tuesday about the company’s use of SpaceX-built rockets and the role of the private sector in space exploration. He said SpaceX and other launch service providers have helped drive down the cost for a lot of satellite suppliers.Read More »
Iridium Communications CEO Matt Desch said he believes the industry needs new regulations that would mitigate failed satellites and other space debris in orbit, Space Intel Report reported Wednesday. Desch, a 2019 Wash100 winner, said those regulations should include a policy that would ground satellite and rocket developers in the event of an in-orbit failure and require them to determine the cause of the problem.Read More »
A senior official at Amazon Web Services has said the company is working with industry partners to promote and expand the services of the new AWS Ground Station that gives customers the ability to download and process data from multiple satellites and during weather disturbances, Via Satellite reported.Read More »
TYSONS CORNER, VA, February 11, 2019 — Iridium Communications (Nasdaq: IRDM) has hired Suzi McBride, most recently chief operating officer of OneWeb who served as a vice president at Iridium three years ago, to return to the company as COO, GovCon Wire reported Feb. 4. McBride, whose appointment took effect Monday, …Read More »
Iridium Communications on Wednesday declared the completion of the $3B Iridium NEXT satellite constellation at a press conference at the National Press Club in Washington, D.C. "The completion of the Iridium NEXT program signifies a new chapter in the Iridium story, one that sees us transforming from a big cash spender to a big cash generator," Iridium CEO Matt Desch said in a statement published Wednesday.