Category: aerovironment

May 21, 2019 Off

Seraphim Space Camp launches its latest mission, with 7 SpaceTech startups

By Jill T Frey

U.K. space accelerator Seraphim Space Camp appeared last year as the first ever UK SpaceTech accelerator and being, frankly, the only accelerator of its type, it has quickly shored-up a number of partnership links and hoovered up many of the startups in the… space.

As is traditional with accelerators, it’s unveiled its latest cohort of startups.

The “Mission 3” accelerator programme, consists of seven new startups and will be a nine-week programme, culminating in an Investor Day. The first two cohorts (16 companies) have, says Seraphim, now collectively raised or had offers of around £20m in private investment and grants over the last nine months and have created 58 job opportunities since completing the programme.

The initiative has a number of high profile partners such as MoD’s Defence Science and Technology Lab (Dstl), unmanned aircraft systems company AeroVironment, ground station services provider Kongsberg Satellite Services and leading satellite provided Eutelsat. … Read the rest

April 25, 2019 Off

Internet connectivity projects unite as Alphabet spinout Loon grabs $125M from SoftBank’s HAPSMobile

By Jill T Frey

Two futuristic projects are coming together to help increase global internet access after Loon, the Google spinout that uses a collection of floating balloons to bring connectivity to remote areas, announced it has raised money from a SoftBank initiative.

HAPSMobile, a SoftBank project that is also focused on increasing global connectivity, is investing $125 million into Loon, according to an announcement from SoftBank made this morning. The agreement includes an option for Loon to make a reciprocal $125 million investment in HAPSMobile and it includes co-operation plans, details of which are below.

HAPSMobile is a one-year-old joint venture between SoftBank and U.S. company AeroVironment . The company has developed a solar-powered drone that’s designed to deliver 5G connectivity in the same way Facebook has tried in the past. The social network canceled its Aquila drone last year, although it is reported to have teamed up with Airbus for new trials … Read the rest