The European Investment Bank, the long-term lending institution of the European Union, announced Dec. 3 that it could invest up to €20 million ($24.3 million) in Spire Global, a Luxembourg-registered nanosatellite operator for cloud-enabled data analytics, marking the European institution’s first direct new-space venture.
Axiom Space, selected by NASA to berth the first element of an eventual commercial low Earth orbit-crewed free flyer at the International Space Station (ISS) in 2024, has significantly upgraded the architecture of its planned Axiom Station, providing an initial four-person crew capability.
A stand out feature at BIAS, the world-class delegations programme will return for the 2020 show. Since its formation, the initiative has attracted an increasing number of military and civil delegations and VIPs, all interested in seeking new business opportunities and leveraging the Kingdom’s position at the heart of the gulf.
The FINN Sessions will return to the Bahrain International Airshow (BIAS FINN Sessions) to provide an instrumental platform for debate, discussion and insight.
Ethiopian Airlines has partnered with Cainiao Smart Logistics Network to launch a special cold chain air freight for the transportation of temperature-controlled medicines from Shenzhen Airport, China's first medical cross-border cold chain facility.
Air logistics startup Airflow is working with VerdeGo Aero to study the distributed hybrid-electric propulsion system for its planned short-takeoff-and-landing cargo aircraft.
The European Space Agency (ESA) has signed an €86 million ($100 million) contract with an industrial team led by Swiss start-up company ClearSpace for the provision of a debris removal service.