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The funding supports development needed for Aalto to start offering global commercial services from 2026.
Airbus US Space and Defense, based in Arlington, Virginia, is a partner to Aalto and works directly with the U.S. Department of Defense and other U.S. government customers to address connectivity and remote sensing needs.
Airbus spent over two decades developing Zephyr’s core technology and remains Aalto’s largest shareholder following the investment deal.
Aalto announced the investment on 2024-06-03 as the start of a strategic alliance to commercialize non-terrestrial connectivity and Earth observation services across Asia using payloads attached to high-altitude platform stations (HAPS).
Paradise Mobile will use AALTO HAPS’ solutions to provide services to subscribers within Zephyr HAPS coverage areas.
The plasma brake was previously tested on Aalto-1 and underwent further development to improve its operational reliability.
The Aalto University team developed a new open satellite platform for Foresail-1, and the satellite plans will be made available as an open-source project.
Otaniemi ground station operations are built on solutions and software developed at Aalto University.
Aalto University planned the Foresail-1 mission and built the satellite.