spacetoday.net: space news from around the webin association with SpaceNews


LeoSat suspends operations
Posted: Sun, Nov 17, 2019, 9:39 AM ET (1439 GMT)
Broadband satellite constellation startup LeoSat has suspended operations. Mark Rigolle, CEO of LeoSat, said the company laid off its 13 employees after earlier investors Hispasat and Sky Perfect Jsat declined to put more money into the company in order to complete a $50 million Series A funding round. LeoSat still exists as a legal entity, Rigolle said, and its founders continue to look for new funding, but otherwise the company has effectively ceased operations. LeoSat proposed a constellation of 78 to 108 satellites to provide broadband services and had commitments from potential customers worth up to $2 billion, but could not convince investors to fund the $3 billion constellation.
<<previous article   next article>>
news in brief
Starliner cleared for Dec. 20 test flight
Posted: Sun, Dec 15 7:49 AM ET (1249 GMT)

Rocket Lab opens US launch site
Posted: Sun, Dec 15 7:40 AM ET (1240 GMT)

Northrop Grumman signs up first customer for OmegA rocket
Posted: Sun, Dec 15 7:37 AM ET (1237 GMT)

news links
Monday, December 16
Astronaut lands on Mount Snow
Brattleboro (VT) Reformer — 5:19 am ET (1019 GMT)
Roscosmos to Begin Creating United State Space Program in 2020
Sputnik International — 5:14 am ET (1014 GMT)
US-India space cooperation: Moving away from the burden of the past
Observer Research Foundation — 5:11 am ET (1011 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list