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Surrey Satellite opens new Australian office by Staff Writers Adelaide, Australia (SPX) Sep 08, 2022
SSTL has announced that on the 13th September it will open an office in Australia in Adelaide. The announcement follows the meeting on Friday 2nd September between the Rt. Hon Anne-Marie Trevelyan MP (UK Secretary of State for Trade) and Senator The Hon Don Farrell (Australian Minister For Trade and Tourism) during which they discussed ways of strengthening the United Kingdom - Australia economic trade partnership. UK Company SSTL committing to open an office in South Australia was cited as a timely example of the already growing economic partnership between the two countries. As the pioneer of the small satellite industry, SSTL designs and manufactures payloads, subsystems and equipment in-house and have supported over twenty countries around the world in developing their Space capability. SSTL aims to collaborate with the Australian Space industry by sharing knowledge, intellectual property and experience to stimulate local growth and competitiveness. SSTL's expansion into Australia demonstrates their commitment to further enhancing the sovereign Space capability and expertise of the Australian Space sector. This has also been facilitated by the UK and Australia 'Space Bridge' Partnership - which supports enhanced cooperation between the UK and Australian Space sectors. Phil Brownnett, SSTL's Managing Director said, "We will bring our world renowned expertise, technology and know-how to Australia, to support local companies to develop sovereign capability" Anne Marie Trevelyan, UK Secretary of State for International Trade said, "Our ambitions for the development of the UK space industry are as limitless as space itself. The opening of Surrey Satellite Technology's first office in Australia shows the real world impact of the 'Space Bridge' partnership with Australia we launched last year. The UK-Australia Space Bridge opens new trade, investment, research and collaboration opportunities for our space sectors." Clive Oates, SSTL Head of Five Eyes Nations will lead SSTL's presence in Adelaide. He has extensive global experience in innovative technology start-up and next generation satellite systems.
Skyroot Aerospace raises $51 Million led by GIC to propel the new future of small satellite launches Hyderabad, India (SPX) Sep 02, 2022 Space-tech startup Skyroot Aerospace from India, successfully raised US$51 million Series-B funding round led by GIC, a leading global investment firm. This is the largest funding round ever in the Indian private Space-Tech sector, which validates Skyroot's strengths in space technology and helps meet the burgeoning demand from the international small satellite markets. As part of the investment, Mayank Rawat, Managing Director of GIC India Direct Investment Group, will join Skyroot's Board. ... read more
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