NorthStar Earth & Space to Go Public in SPAC Deal at $300M Valuation
NorthStar Earth & Space plans to go public via a SPAC deal with Viking Acquisition Corp. I, valuing the company at $300M. The transaction includes a $30M PIPE from Cartesian Capital Group, aimed at funding its satellite constellation and operations. NorthStar's SDA capabilities include tracking objects as small as 10 cm in orbit, enhancing sustainability in space.
Scottish space companies pioneer next-generation satellite communications with SpaceX launch
SpaceX launched three satellites from Spire Global and AAC Clyde Space aboard the Transporter-16 mission, advancing UK capabilities in laser communications. Funded by the UK Space Agency through the Pioneer Programme, these satellites will enhance decision-making in agriculture and environmental management. The UK plans to invest over £600 million in satellite communications R&D in the coming years.