Engineers Australia’s Post

The space and satellite sector continues to grow in the region with over 50 space sector companies located in the North East employing more than 1,400 people. Read more from @InvestNEEngland 👇 https://lnkd.in/eGPMStXu #Manufacturing #NorthEastEngland

MID, a startup specializing in space industry components, has successfully secured ₩2 billion ($1.5 million) in a pre-Series A funding round. This investment was led by DSC Investment and its subsidiary, Schmidt. As the space industry continues to grow, the demand for high-quality components is on the rise. MID, founded in late 2018, is at the forefront of this trend, focusing on the development, testing, and manufacturing of parts that meet the unique challenges of space environments. Key areas of expertise include space-grade ceramic sealed memory packages and durable components that can withstand vibration, shock, heat, and radiation. In South Korea, companies specializing in the development and production of space industry components are rare. MID is pioneering this emerging field through focused research and development efforts. The company collaborates with leading institutions in the space and defense sectors, including universities and government research organizations, to innovate and deliver advanced solutions. Notably, MID's upscreening testing technology transforms commercial components into radiation-resistant space-grade parts, significantly reducing satellite development costs. With this new funding, MID intends to strengthen its capabilities in developing space-grade ceramic packages and expand its workforce, further cementing its role in the domestic supply chain for space components. CEO Jeong Seong-geun is optimistic about the future, emphasizing the company's goal to broaden the supply chain for space components by advancing space-grade memory semiconductors and improving upscreening testing services. Source: News 1 #TechFunding #Aerospace #SpaceComponents #KoreanStartups #FutureTech #SpaceExploration #AdvancedManufacturing #SatelliteTech

The space and satellite sector continues to grow in the region with over 50 space sector companies located in the North East employing more than 1,400 people. Read more from @InvestNEEngland 👇 https://lnkd.in/eGPMStXu #Manufacturing #NorthEastEngland

Here's another fascinating topic. With applications across all sectors and mirroring anything from the International Space Station to terrestrial environments, digital twinning is changing the way we can model and understand our world. Register now to find out more https://lnkd.in/dkD6hTVV

🚀 Chinese commercial rocket developer, Deep Blue Aerospace, has secured Series B3 funding ahead of a high-altitude vertical recovery flight test of its Nebula-1 sub-stage scheduled for this month. Key highlights: 🔷 New Funding Round: Deep Blue Aerospace completed its Series B3 financing with major support from Zhengyue Investment and the Zhenghe Yunfan Fund. 🔷 International Expansion: Plans are underway to establish an international business and service headquarters in Xiamen City, targeting overseas markets, especially those aligned with the Belt and Road Initiative. 🔷 Technological Milestone: By the end of August, the company will conduct a high-altitude vertical recovery flight test of the Nebula-1 sub-stage, marking China’s first commercial carrier rocket recovery. 🔷 Strategic Collaboration: Deep Blue Aerospace continues to work closely with Xiamen City, Zhengyue Investment, and other partners to accelerate the growth of China's commercial aerospace sector. Read more 👇 https://lnkd.in/gfrNzAy7 #Aerospace #SpaceTech #Innovation #ReusableRockets #CommercialSpace

Satellite technology is advancing rapidly, leading to a range of innovations that impact numerous sectors. . . . . . #technology #innovation #consulting #digitaltransformation #design #managementconsulting #trending #emergingTechnology #creativeDesign #Crenov8 #SatelliteTechnology

Project Kick-Off NeT 🎉 In the course of the current commercialisation of space, advanced automation of tests and operational infrastructures or processes are key factors for the #NewSpace sector. Increased test automation is critical to promote early and continuous functional testing within rapid design, integration and test cycles. New digitalised and standardised approaches can increase the efficiency of test procedures, facilitate evaluation and reporting and optimise effectiveness, reproducibility and infrastructure utilisation. We are therefore pleased to announce the launch of our NeT pioneer project, which aims to develop and implement digitalised, automated and standardised test capabilities for NewSpace technologies. NeT pioneer is intended to demonstrate the feasibility of digital NewSpace testing processes and thus help to create the missing rapid test infrastructure for satellite development in Germany. This activity is funded by the Deutsche Raumfahrtagentur im DLR and the Bundesministerium für Wirtschaft und Klimaschutz. Fraunhofer AVIATION & SPACE aims to investigate the potential of digitalisation in NewSpace testing in order to increase efficiency, reduce costs and strengthen Germany's global competitiveness. Stephan Busch (Fraunhofer EMI, branch Würzburg) and Nadya Ben Bekhti-Winkel (Fraunhofer AVIATION & SPACE) take over the project management of the powerful NeT pioneer consortium with the Institutes Fraunhofer EMI, Fraunhofer IIS, Fraunhofer INT, Fraunhofer IOF, Fraunhofer IPM, Fraunhofer Institute for Silicate Research ISC, and the industry partners Astos Solutions, GSSE and LEOspace GmbH.

In the past, the barrier to entry for a launch provider was enormous (capital investment, range access, supply chain, etc.). The market has shifted. Not only are there more aerospace companies in the supply chain, but governments are lowering the cost barrier, and, from an engineering perspective, knowing it can be done because someone has already proven it, makes the development process "easier" because you *know* there's a solution. https://lnkd.in/gR383vgb

🚀 🚀 Celebrating a Milestone in In-Space Manufacturing with Dcubed's Series A Funding of securing 4.4 million euros and the selection for the EIC-Accelerator!   I am incredibly proud to see Dcubed's recent achievements in our latest funding rounds! This pivotal moment not only highlights the global investor confidence in our vision but also marks a significant leap forward in pioneering in-space manufacturing.   🔬 Having conducted in-depth research on different in-space manufacturing processes and material tests at Hochschule München, I am thrilled to see our hard work recognized. This funding will undoubtedly propel us towards our ambitious goals, supporting the development of in-space manufactured support structures for flexible solar arrays for satellites.   As the next step we have several #IOD (In-Orbit Demonstration) missions planned to bring this vision to reality with the aim to enhance space mission capabilities while significantly reducing costs 🛰 Also a big thanks to the other partners of this research European Space Agency - ESA and Technische Universität München 🙌 #InSpaceManufacturing #NewSpace #SatelliteTechnology #SpaceInnovation #SeriesAFunding #EICAccelerator #SpaceTech #FlexibleSolarArrays #SpaceExploration #HochschuleMünchen #SpaceEconomy #AdvancedManufacturing #BavariaOne

Space Forge Secures £8M to Build UK's First National Microgravity Research Center   Space Forge has secured nearly £8 million in funding from the UK Space Agency's Space Clusters Infrastructure Fund (SCIF). With a total project value of £13 million, which will be reached through match contributions, this significant investment will enable the establishment of the National Microgravity Research Center, a facility set to act as a catalyst for advanced material research and production.   The National Microgravity Research Centre will play a pivotal role in advancing in-space manufacturing research, with a primary focus on inorganic crystal structures grown in microgravity conditions for use in electronics. The global semiconductor industry is anticipated to grow to $1 trillion in revenues by 2030, doubling in this decade. This growth is expected to require investment in high-end advanced wafer manufacturing materials, equipment, and services. In-space manufacturing offers unique advantages, such as microgravity and vacuum conditions, that can lead to the creation of semiconductors with superior performance and reduced defects compared to those manufactured on Earth. The result would be sophisticated microchips that run faster and use less energy.   Space Forge also offers microgravity as a service with their world-first reusable, returnable orbital manufacturing platform, the ForgeStar™. This gives everybody the opportunity to manufacture things in space or carry out microgravity experiments.   Space Forge's initiative extends beyond research and development. The company is committed to fostering innovation and collaboration within the space industry through its "pathway to space" program. This initiative will provide space companies with access to state-of-the-art equipment, clean rooms, electronics labs, and payload bays, effectively establishing a central hub for the growing space industry in Wales and the UK.   The establishment of the National Microgravity Research Center marks a significant milestone in the UK's space capabilities. Just 2 days after the UKSA announcement SpaceForge also secured funding from the NATO alliance’s $1.1bn (£870m) investment fund, who believe that the ‘Made in Space’ microchips are a great example of dual-use technology.   #MicrogravityResearch #InSpaceManufacturing  #MicrogravityAsService