Plus: Synspective purchases 10 Electron launches
| By Jason Rainbow The Maldives is looking to raise $50 million for a space agency fund that aims to be the first of its kind for an island nation, targeting sovereign infrastructure and support for other developing states facing climate and security challenges.
The Maldives Space Fund (MSF), based in the United Arab Emirates for regulatory oversight, was announced Oct. 1 during the International Astronautical Congress.
Close to $5 million in pre-commitments has already been secured from investors including family offices in the Middle East, according to Rajeeshwaran Moorthy, a space venture capitalist advising the Maldives' three-year-old space agency on the fund.
| | | | | | SPONSORED |  | IAI (Israel Aerospace Industries) delivers cutting-edge, space-proven solutions—from advanced satellites to secure communications—empowering global missions with innovation, precision, and reliability. Discover how IAI is shaping the future of space. | | | | | | | Synspective, a Japanese company developing a constellation of radar imaging satellites, has signed a deal with Rocket Lab for an additional 10 Electron launches, each carrying a single StriX radar imaging satellite. The launches will take place from Rocket Lab's Launch Complex 1 in New Zealand.
Australia and the United Kingdom renewed their commitment to space-related cooperation at the International Astronautical Congress. Enrico Palermo, Australian Space Agency head, and Paul Bate, UK Space Agency chief executive, re-signed the Space Bridge Framework Arrangement. Space Bridge was established in 2021 to expand investment, research and cooperation.
Lockheed Martin announced an agreement with BioAstra, a nonprofit organization, to study flying a mission in Orion beyond Earth orbit to perform biomedical research. The agreement is one of the first steps by Lockheed Martin in its efforts to offer the spacecraft as a service. | | | | | | | States have a responsibility rooted in international legal principles to inform citizens, including commercial spacecraft operators, of cyber threats, Diane Howard, former commercial space policy director for the White House National Space Council, said at the International Astronautical Congress as she presented a research paper titled "State Responsibility in Orbital Conflicts: Legal Implications of Cyber-Enabled Counterspace Operations under the Outer Space Treaty."
The U.S. Space Force has awarded a $1.9 million contract to Southern California startups ExLabs for development of its reconfigurable spacecraft platform. Under the Direct-to-Phase 2 Small Business Innovation Research contract from the Space Force Space Systems Command, ExLabs will develop SERVSAM, "a heavy-class, reconfigurable spacecraft designed for flexible mission profiles in all orbital regimes," according to an ExLabs press release. | | | | | | FROM SPACENEWS | | This fall, SpaceNews will launch our free Europe Report newsletter which will follow Europe's rapidly evolving role in the global space race. In it, we'll track the policy landscape, investment climate and priorities driving Europe's space ambitions. Sign up to receive the first edition when it launches, and be sure to check out all our other free newsletters as well. | | | | Sign up for our other newsletters First Up: The latest civil, commercial and military space news, curated by veteran journalist Jeff Foust. Delivered Monday to Friday mornings. Military Space: Veteran defense journalist Sandra Erwin delivers news and insights for the military space professional. Delivered Tuesday. China Report: Analysis of China's space activities and what it means as one of the United States' top competitors from correspondent Andrew Jones. Delivered every other Wednesday. SpaceNext AI: Exploring the intersection of space and artificial intelligence. Delivered Thursday. Video & Audio: Upcoming live programs, scheduled guests, and recent Space Minds podcast episodes, webinars and other events. Delivered Friday. Marketing Minute: Covering PR, marketing, and advertising trends, upcoming SpaceNews opportunities, and editorial insights for communications and marketing leaders. Delivered monthly. | | | | |
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