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COSMIC will be developed, built, and operated from Astroscale’s Zeus facility in the UK.
The servicer used in Astroscale’s 2021 demonstration later lost half its thrusters and was unable to recapture the spacecraft to complete a controlled descent intended to jointly burn up in Earth’s atmosphere.
Astroscale UK signed a contract with Eutelsat OneWeb in July 2024 for the final phase of the ELSA-M in-orbit demonstration as part of the Sunrise Partnership Project.
The British subsidiaries of Astroscale and ClearSpace each received about 2.35 million British pounds before tax on 2024-09-11 to continue de-risking robotic arm capture systems and debris de-tumbling capabilities.
Astroscale holds a contract from Japan’s space agency to de-orbit a defunct upper stage of an H-2A rocket using a servicer equipped with a robotic arm.
Airbus Defence and Space Limited and Astroscale Limited signed a Memorandum of Understanding on 2024-08-13 to explore collaborative opportunities in on-orbit servicing and space debris removal.
Astroscale France plans to expand its team to 20 employees by the end of 2024.
Astroscale UK launched the SPACE PROTECTOR by Astroscale simulator game on 2024-07-31.
ELSA-M is designed and built by Astroscale UK at the Harwell Campus in Oxford.
The ELSA-d mission launched in 2021 and validated Astroscale’s end-of-life technologies by completing repeated magnetic capture and controlled close-approach rendezvous operations between two spacecraft in orbit.
The UKRefuel mission, in collaboration with ClearSpace and Astroscale, aims to launch a satellite refueling service to low Earth orbit by 2027.
Astroscale Ltd (Astroscale UK), the UK subsidiary of Astroscale Holdings Inc., secured EUR 13.95 million from the UK Space Agency and the European Space Agency to support the final phase of the ELSA-M in-orbit demonstration.
Astroscale shares jumped on their first day of trading on the Tokyo Stock Exchange on 2024-06-05, giving the company a valuation of about $1,000,000,000.
Astroscale reported 1,790,000,000 JPY in revenue for the fiscal year that ended in April 2023.
Astroscale sold shares on the Tokyo Stock Exchange on 2024-06-05 at prices roughly 40% lower than during a private financing round late last year.
Astroscale announced plans on 2024-05-01 to go public by offering 20.8 million shares.
Astroscale U.S. received a $25,500,000 contract from the U.S. Space Force last year to develop a refueling spacecraft.
Astroscale reported a net loss of 9,260,000,000 JPY for the fiscal year that ended in April 2023.
The Astroscale Prototype Servicer for Refueling (APS-R) spacecraft will operate in geostationary orbit and be able to perform multiple refueling missions using hydrazine propellant.
Astroscale reported a net loss of 9,260,000,000 JPY for the fiscal year ending April 2023.