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The aerospace sector is revealing an exciting trajectory: by 2030, the global space market is expected to approach a value of approximately USD 800 billion. This growth is fueled by successful partnerships between public authorities and private investors, along with extraordinary technological advancements. These breakthrough innovations will not only push the boundaries of space exploration but also bring new applications to earth in sectors such as communications, agriculture, maritime, and environmental monitoring. As a promising field within new economies, the aerospace market is key to RINA’s strategy. We’re continuously investing in new competencies and developments to stay at the forefront of this dynamic industry. By fostering collaboration and leveraging cutting-edge technologies, we aim to unlock new opportunities and be part of an ecosystem that drives forward a vision of a technologically advanced future. #GrowWithRINA 

Real life example of potential economic growth through the development of aerospace industry and its ecosystem. Strategic partnership between Malaysia and Turkish Aerospace will leapfrog and contribute to revenue growth of the industries in both countries in high value activities. Product design and technology creations are two mandatory contents, manufacturing & assembly come naturally to support product design and technology creation industries, hint: industry ecosystem creation and growth. The time is now, let's grow together! National Aerospace Industry Corporation Malaysia (NAICO Malaysia) Malaysian Investment Development Authority Economic Planning Unit Ministry of Investment, Trade and Industry (MITI) Ministry of Science, Technology and Innovation Ministry of Finance Malaysia Academy of Sciences Malaysia Malaysian Industry-Government Group for High Technology

The #GCC Field Trips are always a great opportunity to engage with our partner organization on a specific aspect of the conference theme. Centech Mtl will turn the #GCC2023 Field Trip in #Montreal into an open discussion with selected startups in the #aerospace and #DigitalIndustry. This allows the SMEs to pitch their ideas to the audience of the German Canadian Concourse; in turn, the GCC participants will gain an insight into technological advances in #ArtificialIntelligence applied to #spaceflight and #aviation.

🇺🇾 Uruguay - A Growing Destination for Tech, Innovation, and Space Investments 🌎 Check out this inspiring video by Uruguay Innovation Hub, showcasing Uruguay's commitment to becoming a knowledge-based society through innovation and research. By definition, our country has always been at the vanguard of some of the world's most advanced technologies. Today, Uruguay is rapidly emerging as a key player in the global aerospace industry, offering unparalleled benefits for international companies looking to expand their horizons. Several aerospace companies have already chosen Uruguay as their hub. Notable companies include Satellogic, that offers rapid integration and scalable manufacturing of EO satellites, and EPIC AEROSPACE, which constructs Orbital Transfer Vehicles (OTV). Both have established their R&D and assembly facilities in Zonamerica. Space AI, Inc is creating groundbreaking Distributed Edge Supercomputers and Ground Stations, while TLON Space is considering Uruguay to build their launch platform for its Small Launch Vehicles for the SmallSat industry. NewSpace Advisors celebrates these initiatives and looks forward to continuing to empower firms in the aerospace industry through legal and business support for a successful market entry in LatAm. Watch the video to see how Uruguay is shaping the future of aerospace! 🎥✨ Uruguay XXI - Ministerio de Industria, Energía y Minería - Sabrina Sauksteliskis - Ines Bonicelli - Ignacio Gurmendez - Ignacio Belieres Montero - Federico Carnevali - Julian Medina - Pablo Andrés Vic - Mariana Garcia - Andrés Möller Abramo - Ing. Nicolás Jodal - Irene González - Gabriel Calderon - Pedro Arnt - Laura Macció - Claudia Vanesa Piattoni - Elianne Elbaum - Pablo Musé - Sebastián Andrés Figuerón - Carlos Batthyany - María Pía Garat - Cecilia Callejas

Isar Aerospace has secured its latest Series C round of funding, totalling nearly 65 million euros, bringing its total funding up to around 400 million euros. Considering this was provided in part by NATO’s new Innovation Fund, this is a major testament to the company’s potential viability. So, when is Isar Aerospace looking to launch? Isar Aerospace has yet to announce a set date for its first test launch, although, as of March 2024, its intention was to start in the summer of the same year. If everything remains on track, we will likely see Isar enter the market not too distant in the future. If you want to understand who Isar Aerospace are and what they are doing with this investment, click the link below to read more. #IsarAerospace #funding #space https://lnkd.in/eN_YEd73

Is the US falling behind China in the race to claim LEO slots? Two recent announcements this week related to LEO satellites are worth taking note. Both are coming from China and show the trajectory Chinese companies after taking to align with China's latest five-year plan for 2021-2025; Beijing has called for an integrated network of satellites for communications, remote sensing and navigation. https://lnkd.in/gmQfkWMj https://lnkd.in/gBM-VA_j While one can argue that these initiatives in China are a bid to catch up with US's Starlink, the ability of a single network to support communications, remote sensing and navigation warrants attention and respect. Most LEO systems, operational or announced, in US are optimized for a single function: communication, navigation, or remote sensing. Mass manufacturing capacity is a hallmark of Chinese companies. Geely established a $326 million satellite mass manufacturing factory in Taizhou in March 2020, which will have an estimated production capacity of over 500 satellites per year. Tony Wang, CEO and Chief Scientist of Geespace said: “Many favorable factors such as policy support and market demand is accelerating the growth of the commercial aerospace sector. By establishing the Geely Future Mobility Constellation, Geespace is positioning itself to meet future user demands for high-precision positioning, space-based communication, and remote sensing services.” This industry is ripe for investment in companies that have a good product market fit and business models spanning commercial and defense applications. It is time venture investors in the US see the opportunity. #apnt #leo #navigation #gnss #satellitecommunications #satellitetechnology

With an agile space agency, a culture of innovation, and a commitment to sustainable technology, Aotearoa New Zealand is globally recognised as a leader in aerospace. As the world’s exploration of space goes deeper, so too does the technology behind it – and New Zealand is right at the forefront. Aotearoa is home to the world’s only fully private orbital launch site and conducted the fourth-highest number of launches in 2023. But our aerospace sector goes even further, with Kiwi companies developing innovative, disruptive technologies to tackle some of the planet’s biggest challenges while keeping long-term, positive environmental impact in mind. Here, we’re looking at Zenno Astronautics, Kea Aerospace and Dawn Aerospace, all companies delivering challenging aerospace solutions that are good for people and good for the planet. Full story 👇 NZTech | New Zealand Trade and Enterprise | New Zealand Story Group

𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 : 𝐒𝐩𝐚𝐜𝐞 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐏𝐃𝐅) The global space tourism market size was estimated at USD 888.3 million in 2023. It is projected to expand at a CAGR of 44.8% from 2024 to 2030. 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/gheicq_T Technological innovations, such as reusable rockets and improved #spacecraft designs, are making astronomical travel more viable and cost-effective. This, combined with the increasing demand from affluent individuals seeking unique experiences, is fueling the industry's expansion. In addition, the market is #benefiting from increased research and development efforts by both government #space agencies and private organizations, which are crucial for overcoming the technical and #logistical challenges associated with astronomical tourism. 𝗗𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/gGfEd5G9 In the space tourism industry, there are also numerous instances of mergers and acquisitions taking place. As the market develops, businesses look for strategic alliances, buyouts, and joint ventures to pool resources pool knowledge, and get past financial and technological obstacles. M&A transactions enable businesses to take advantage of synergies and improve processes by facilitating the #transfer of knowledge and technologies. ✅𝐓𝐨𝐩 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐚𝐫𝐞: Huntsman Corporation | Toray Advanced Composites | Arconic | KOBE STEEL LTD | Cytec Solvay Group | Hexcel Corporation | Novelis | Constellium | SGL Carbon | thyssenkrupp Aerospace | Formosa Plastics Corporation, U.S.A. | STRATA Manufacturing PJSC | Teijin Limited

Novel technologies developed by the aerospace industry are changing the horizon of exploration. Refer to Ezassi's 5 Essential Technology Discovery Reports here: https://hubs.la/Q02JdQNv0 Foster collaboration and develop advanced research strategies as a flightpath to significant transformation!

🚀 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