30 May 2018

Each month we round up some of the top stories in space, entrepreneurship, innovation, finance and technology.

Here’s our round-up for May:

AI companies spot a business opportunity in space

Innovation, massive investment and lower costs are fueling a new commercial space race. Read more here.

Orbital Insight used AI to analyze satellite images and calculate how full these rooftop oil tanks are.

On-Orbit Manufacturing: A Change in Mindsets Needed

Andrew Rush, CEO of Made In Space, makes the case that a new way of thinking is required for how we build the next generation of satellites. Read more here.

Satellite manufacture at RUAG. Credit: RUAG

First commercial tweet from space

Solstar’s project posted the first commercial Tweet ever to be sent from space.

Jeff Bezos: ‘We Must Go Back to the Moon, and This Time to Stay’

Amazon CEO and owner of rocket startup Blue Origin pledges to expand his space ventures and spells out long-term concepts for exploration. Speaking at the International Space Development Conference (ISDC2018), Bezos laid out his vision for lunar exploration and eventual settlement. See more in the Wall Street Journal.

Meanwhile at the Australasian Satellite forum in Sydney, Blue Origin commercial director Ted McFarland told there was “a lot of land” and “a lot of talent” in Australia which suited launching a space tourism business. See more at Business Insider.

Jeff Bezos. Credit: Blue Origin.

Draper Esprit: “Why we invested in micro-satellite company, ICEYE”

Venture Capitalists, Draper Esprit announced their most recent investment in micro-satellite company ICEYE led by True Ventures. Read their announcement here.

The World’s first microsatellite SAR. Credit: ICEYE

Former Google Lunar X Prize teams focused on new commercial and government opportunities

Companies that one competed for the Google Lunar X Prize now expect to fly their first lunar landers in the next two years to serve the needs of commercial and government customers, including NASA. Read more at SpaceNews.

Astrobotic has 12 customers for its first lunar lander mission, and hope to win NASA contracts to fly the space agency’s payloads on that and future missions. Credit: Astrobotic