Space Force sets up ‘working capital fund’ for commercial space services

The Space Force’s working capital fund will be used to buy satellite communications and other commercial space services with funds from internal Department of War customers The post Space Force sets up ‘working capital fund’ for commercial space services appeared first on SpaceNews.

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AST SpaceMobile gains Verizon ally amid SpaceX’s direct-to-device push

AST SpaceMobile’s shares closed up more than 8% Oct. 8 after Verizon joined AT&T in signing a definitive agreement to use its planned space-based cellular network, easing investor concerns about SpaceX’s aggressive push into the fledgling D2D market. The post AST SpaceMobile gains Verizon ally amid SpaceX’s direct-to-device push appeared first on SpaceNews.

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Space infrastructure investments surge to five-quarter high

Early-stage investor Space Capital said global investments in core space infrastructure climbed to a five-quarter high of $4.4 billion over the three months to the end of September, amid a breakout year for U.S. satellite manufacturing. The post Space infrastructure investments surge to five-quarter high appeared first on SpaceNews.

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Sateliot hails first standards-based IoT connection from LEO to a commercial device

Spain’s Sateliot says it has achieved the first narrowband connection from a LEO satellite to a commercial IoT device built to global 5G standards known as 3GPP Release 17. The post Sateliot hails first standards-based IoT connection from LEO to a commercial device appeared first on SpaceNews.

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Blue Origin wins $78.2 million contract to expand satellite processing infrastructure at Cape Canaveral

The contract is a public-private partnership agreement awarded by the U.S. Space Force’s Space Systems Command The post Blue Origin wins $78.2 million contract to expand satellite processing infrastructure at Cape Canaveral appeared first on SpaceNews.

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