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The SpainSat NG 2 satellite, built by Airbus Space, is insured for $400 million.
Airbus has joined the Nazca Aeroespacial y Defensa Innvierte I fund with an investment between 50 and 100 million euros.
The satellites in the Satcom-SpainSat NG Program have been manufactured by Airbus Defence and Space and Thales Alenia Space through their French and Spanish subsidiaries under a contract signed by Hisdesat.
With Airbus's entry, Nazca is closer to its target of 600 million euros, which it is expected to reach this year.
Eutelsat ordered 340 new OneWeb satellites from Airbus Defence and Space.
The second platform is an orbital demonstration that will place a NTN 5G payload on an Airbus LEO satellite, which will serve as a 5G base station in space.
The OneWeb satellites to be launched aboard MaiaSpace will be part of the 440 satellites contracted with Airbus Defence and Space for manufacturing.
Airbus has formed a consortium of partners for this initiative, including the Spanish company Sener, Aalyria, AccelerComm, CesiumAstro, Deutsche Telekom, Eutelsat, ITRI in Taiwan, Keysight Technologies, Onati, Radisys, and ST Engineering iDirect.
Algeria has deviated from its history of purchasing Earth observation satellites from SurreySat and Airbus Space.
Airbus UpNext SpaceRAN will utilize Airbus's software-defined satellites to manage and optimize 5G mobile phone signals in orbit.
The goal of Airbus UpNext SpaceRAN is to explore the Non-Terrestrial Network (NTN) 5G technology, which is compatible with various business applications.
Airbus UpNext has introduced a new demonstrator called Airbus UpNext SpaceRAN to test global 5G connectivity in orbit.
Airbus UpNext SpaceRAN will test 5G connectivity on two different platforms.
Key players in the small satellite market include SpaceX (US), Airbus Defence and Space (France), MDA Space (Canada), China Aerospace Science and Technology Corporation (China), and Thales Alenia Space (France).
Airbus is collaborating with industry partners including Aalyria, AccelerComm, CesiumAstro, Deutsche Telekom, Eutelsat, the Industrial Technology Research Institute (ITRI), Keysight Technologies, Onati, Radisys, Sener, and ST Engineering iDirect.
The satellites will be manufactured at Airbus Defense and Space's facility in Toulouse on a newly installed production line.
Airbus is developing an open and non-proprietary standard for satellite communications to provide a competitive alternative to existing proprietary solutions.
Airbus has been a key partner and supplier to Eutelsat for over 30 years.
Airbus plans to launch an in-orbit demonstration to place a 5G non-terrestrial network payload on an Airbus LEO satellite as a 5G base station in space in 2027.
Airbus UpNext SpaceRAN demonstrator represents a significant opportunity to validate intelligent, software-driven control for optimizing NTN performance in orbit.