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Isro ground PSLV fleet after launch disaster, continues to prep for Nisar launch
Isro ground PSLV fleet after launch disaster, continues to prep for Nisar launch

India Today

time5 days ago

  • Science
  • India Today

Isro ground PSLV fleet after launch disaster, continues to prep for Nisar launch

Days after the Polar Satellite Launch Vehicle failed moments after launch, the Indian Space Research Organisation (Isro) has temporarily grounded its trusted PSLV development comes following the failure of the PSLV-C61 mission on May 18, which was carrying the advanced EOS-09 earth observation decision comes as a high-level committee investigates the anomaly that led to the rocket's third-stage malfunction, resulting in the loss of the satellite and rocket over the Indian The PSLV, renowned for its 94% success rate with only four failures in 64 missions, encountered a rare setback when the third stage of PSLV-C61 suffered a sudden drop in chamber pressure, causing a loss of the first two stages performing reliably, the third stage's solid-fuel motor did not generate sufficient thrust, and the mission was aborted less than seven minutes after suspect a rupture in the fibre casing of the third-stage motor as a possible cause, with hot gases from the burning fuel potentially entering sensitive EOS-09 satellite, equipped with a sophisticated Synthetic Aperture Radar (SAR) capable of all-weather, day-and-night imaging, was intended to support environmental monitoring, disaster response, and national security loss is a significant operational setback for Isro, but officials remain confident in a swift the PSLV grounding, Isro's other launch vehicles remain for the high-profile Nasa-Isro Synthetic Aperture Radar (Nisar) mission, scheduled for launch in June 2025 aboard a GSLV rocket, are proceeding as Nisar mission, a $1.5 billion collaboration with Nasa, will deploy one of the world's most advanced radar imaging satellites to monitor Earth's changing systems and natural and external expert committees are now scrutinising telemetry and system diagnostics from the failed PSLV mission, with a detailed report expected by officials stress that the temporary grounding of PSLV is a standard safety measure and will not impact the schedule of other critical missions, including Nisar and the upcoming Gaganyaan human spaceflight Isro investigates the rare PSLV failure, its focus remains on ensuring flawless operations for future launches, particularly with ambitious crewed and international missions on the Watch

Saudi Spacetech SARsatX Raises $2.6 Million for Satellite Deployment
Saudi Spacetech SARsatX Raises $2.6 Million for Satellite Deployment

CairoScene

time23-05-2025

  • Business
  • CairoScene

Saudi Spacetech SARsatX Raises $2.6 Million for Satellite Deployment

Founded in 2019, SARsatX provides Earth observation data for sectors including disaster management and urban development. May 23, 2025 Saudi spacetech startup SARsatX has raised $2.6 million in seed funding to expand its fleet of small satellites powered by Synthetic Aperture Radar (SAR) technology. The round was led by TONOMUS, NEOM's tech subsidiary, with backing from Wa'ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures. The startup also receives support from the Saudi Space Commission and UAE Space Agency. Founded in 2019 out of KAUST's TAQADAM Accelerator, SARsatX provides Earth observation data for sectors including disaster management, urban development, and border security. SAR enables high-resolution, all-weather, day-and-night imaging- a key advantage over optical systems. The funding comes amidst a regional push into space, as SAR capabilities gain traction globally. The Earth observation market is projected to grow six-fold by 2040, with SAR playing a central role in defense, environmental monitoring, and AI-driven geospatial intelligence.

360 ONE Asset launches Rs 500 cr VC fund to tap early-stage startups
360 ONE Asset launches Rs 500 cr VC fund to tap early-stage startups

Business Standard

time22-05-2025

  • Business
  • Business Standard

360 ONE Asset launches Rs 500 cr VC fund to tap early-stage startups

360 ONE Asset, the asset management arm of wealth manager 360 ONE WAM, has rolled out a Rs 500 crore early-stage venture capital fund, marking a decisive push into India's burgeoning startup ecosystem. The fund has already backed four startups across diverse sectors, bolstering the firm's 'Idea to IPO' capital stack. The fund will focus on seed and Series A rounds in areas such as consumer tech, fintech infrastructure, generative AI and frontier technologies including spacetech, defence and precision manufacturing, according to a press statement. Anchored by 360 ONE Asset's $3 billion private equity platform, the strategy emphasises deep involvement, board participation and long-term capital support, the company said. 'As India approaches its next wave of startup-led economic transformation, 360 ONE Asset's early-stage strategy aims to be at the forefront, identifying, backing and shaping the companies that will define the next generation of unicorns,' said Sameer Nath, CIO & Head, Private Equity & Venture Capital, 360 ONE Asset. The firm is positioning itself to fill a gap between the country's micro-VC ecosystem and large global funds, said Abhishek Nag, Senior Fund Manager, Strategy Head, Early-Stage VC, 360 ONE Asset, adding that the firm will support startups with patient, long-term capital throughout their growth journey. 'We follow a disciplined investment process with rigorous diligence, clear value creation plans and defined exit strategies. We also offer active co-investment opportunities for strategic partners, all while staying focused on long-term macro trends like domestic consumption, financial infrastructure, healthcare, AI-led services and deep tech innovation,' Nag added. The strategy is already in motion, with deals in advanced stages of diligence. These include a hybrid-casual gaming startup whose flagship India-focused game hit 10 million downloads in three months; a hot sauce brand popularising Indian flavours abroad; a SaaS firm building a 'mutual fund AMC in a box'; and a spacetech company developing indigenous Synthetic Aperture Radar technology with ISRO expertise, the company said. 360 ONE Asset's early-stage bets are supported by an advisory board that includes entrepreneurs and tech leaders such as Gaurav Kushwaha, Nigel Vaz, Vaibhav Domkundwar and Ashwin Mittal.

In partnership with Abu Dhabi Investment Office, Space42 launches Middle East's first commercial earth observation satellite manufacturing facility in Abu Dhabi
In partnership with Abu Dhabi Investment Office, Space42 launches Middle East's first commercial earth observation satellite manufacturing facility in Abu Dhabi

Al Etihad

time21-05-2025

  • Business
  • Al Etihad

In partnership with Abu Dhabi Investment Office, Space42 launches Middle East's first commercial earth observation satellite manufacturing facility in Abu Dhabi

21 May 2025 16:27 ABU DHABI (ALETIHAD)Abu Dhabi Investment Office (ADIO) has launched the Middle East's first dedicated commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility. The project is delivered in partnership with Space42. The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for earth observation (EO), securing independent access to space-based intelligence for Abu Dhabi. This marks the first time such capabilities will be developed locally for commercial use, enabling the UAE to produce advanced EO satellites independently and strengthening its sovereign space during Make it in the Emirates 2025, the project advances ADIO's mission to drive strategic investment into priority sectors, enhancing Abu Dhabi's knowledge economy and supporting its transformation into a global hub for advanced manufacturing. Space42 Space Systems will deliver sustainable economic impact and create high-skilled jobs in the advanced industries sector, including a significant number of roles for UAE Nationals, reflecting Abu Dhabi's commitment to cultivating a highly skilled local talent base. It will directly advance the UAE's Space Strategy 2030 and the UAE's EO Space Programme, designed to build national capabilities in satellite-based remote Al-Olama, Director General of ADIO, said: 'This strategic partnership brings together global capability and national ambition. By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirate's economic growth and establish future-ready industries. The transformational project demonstrates Abu Dhabi's vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.'Operated by Space42, Space42 Space Systems will oversee the full manufacturing lifecycle, from system design to launch readiness. It advances the company's goal of building sovereign Earth Observation capabilities while anchoring a space ecosystem that can scale globally from Abu Al Hosani, CEO of Banayat Smart Solutions at Space42, said: 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42's strategy. It enhances our sovereign capability in earth observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application. With ADIO as a partner, we are turning strategic intent into scalable infrastructure and cultivating Emirati talent that will shape the future of this sector.'SAR satellites, capable of capturing high resolution imagery in all weather and light conditions, are vital for national security, environmental monitoring and disaster response. Until now, production of these systems has remained largely concentrated in a handful of international this pioneering facility, Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites, positioning the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space project will be implemented by Space42, established to operate the facility using best in-class technology in systems integration, advanced testing and launch manufacturing, the facility will actively support Abu Dhabi's strategy to develop a sustainable pipeline of local talent. It will embed robust academic and industry programmes, including internships for UAE Nationals, technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities. These initiatives will contribute to developing a national space workforce with hands-on industrial new modular facility will manage the complete Assembly, Integration and Testing (AIT) lifecycle, from system design to launch preparation. As space becomes an increasingly important sector of the global economy, ADIO's support ensures that Abu Dhabi becomes an exporter of satellite technology, reinforcing the emirate's status as a regional hub for manufacturing, data intelligence and sovereign technologies. Make it in the Emirates Continue full coverage

Space42 to establish satellite manufacturing hub in partnership with ADIO
Space42 to establish satellite manufacturing hub in partnership with ADIO

Broadcast Pro

time21-05-2025

  • Business
  • Broadcast Pro

Space42 to establish satellite manufacturing hub in partnership with ADIO

The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for EO, securing independent access to space-based intelligence for Abu Dhabi. The Abu Dhabi Investment Office (ADIO) has announced the launch of the Middle East’s first dedicated commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility. The project is delivered in partnership with Space42, the UAE’s AI-powered space technology company with global reach. The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for Earth Observation (EO), securing independent access to space-based intelligence for Abu Dhabi. This marks the first time such capabilities will be developed locally for commercial use, enabling the UAE to produce advanced EO satellites independently and strengthening its sovereign space infrastructure. Revealed during Make it in the Emirates 2025, the project advances ADIO’s mission to drive strategic investment into priority sectors, enhancing Abu Dhabi’s knowledge economy and supporting its transformation into a global hub for advanced manufacturing. Space42 Space Systems will deliver sustainable economic impact and create high-skilled jobs in the advanced industries sector, including a significant number of roles for UAE Nationals, reflecting Abu Dhabi’s commitment to cultivating a highly skilled local talent base. Additionally, it will directly advance the UAE’s Space Strategy 2030 and the UAE’s EO Space Programme, designed to build national capabilities in satellite-based remote sensing. His Excellency Badr Al-Olama, Director General of ADIO, said: 'This strategic partnership brings together global capability and national ambition. By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirate’s economic growth and establish future-ready industries. The transformational project demonstrates Abu Dhabi’s vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.' Operated by Space42, Space42 Space Systems will oversee the full manufacturing lifecycle, from system design to launch readiness. It advances the company’s goal of building sovereign Earth Observation capabilities while anchoring a space ecosystem that can scale globally from Abu Dhabi. Hasan Al Hosani, CEO of Banayat Smart Solutions at Space42, added: 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42’s strategy. It enhances our sovereign capability in Earth Observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application. With ADIO as a partner, we are turning strategic intent into scalable infrastructure and cultivating Emirati talent that will shape the future of this sector.' SAR satellites, capable of capturing high resolution imagery in all weather and light conditions, are vital for national security, environmental monitoring and disaster response. Until now, production of these systems has remained largely concentrated in a handful of international markets. Through this pioneering facility, Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites, positioning the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space innovation. The project will be implemented by Space42, established to operate the facility using best in-class technology in systems integration, advanced testing and launch preparation. Beyond manufacturing, the facility will actively support Abu Dhabi’s strategy to develop a sustainable pipeline of local talent. It will embed robust academic and industry programmes, including internships for UAE nationals, technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities. These initiatives will contribute to developing a national space workforce with hands-on industrial expertise. The new modular facility will manage the complete Assembly, Integration and Testing (AIT) lifecycle, from system design to launch preparation.

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