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D-orbit signs framework agreement with Firefly to acquire launch capacity by Staff Writers Fino Mornasco, Italy (SPX) Mar 05, 2019
March 4th, 2019: D-Orbit S.p.A., an Italian service provider of the New Space sector, signed a multi-year framework agreement with US-based launch operator Firefly Aerospace Inc. (Firefly) to purchase launch capacity of the Firefly Alpha launch vehicle. The agreement grants D-Orbit the status of a preferred launch aggregation partner for the European market, allowing D-Orbit to purchase, market, and resell launch vehicle capacity, and to provide logistics support and integration activities at its operational premises in Italy. "We are proud of this partnership with Firefly, one of the most innovative small payload launch operators," said Pietro Guerrieri, D-Orbit Chief Strategic Officer. "Capitalizing on the capabilities of ION CubeSat Carrier, our free-flying CubeSat deployer, we are expanding our launch services portfolio and taking an additional step in our roadmap to offer the New Space market an innovative launch transportation solution." "Firefly Alpha was specifically designed with the needs of our rideshare partners in mind," said Firefly CEO Dr. Tom Markusic. "Alpha's 630 kg to 500 km SSO capacity allows D-Orbit significant flexibility in manifesting missions. Our agreement with D-Orbit for up to fifteen launches over 5 years will allow their customers frequent, reliable access to space, on the schedule of their choosing and to the orbit that best matches their business needs. Alpha is the first of a series of launchers being developed by Firefly for the needs of the small satellite market. The first Alpha launch is scheduled for the end of 2019, with frequent launches in 2020 and beyond. Firefly will have launch sites at Vandenberg Air Force Base and Cape Canaveral Air Force Station, enabling missions to polar, SSO and lower inclination orbits. To learn more about ION CubeSat Carrier watch this clip here More at Firefly
Global Space Propulsion System Market forecast to exceed $10 billion by 2023 Fremont CA (SPX) Feb 27, 2019 According to a new market intelligence report by BIS Research titled "Global Space Propulsion System Market - Analysis and Forecast (2018-2023)", the global space propulsion system market is expected to reach $10.40 billion by 2023 and witness a high growth rate of 13.06%, during the forecast period, 2018-2023, in terms of value. The growth of the market can be attributed to the significant increase in the manufacturing of both satellites and launch vehicles. Significant investment in the developm ... read more
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