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• Sandra Erwin
Earth observation company Satellogic appointed Frank “Trey” Whitworth, the former director of the National Geospatial-Intelligence Agency, as its president on Sept. 8. The leadership change brings a former senior U.S. geospatial-intelligence official into a top executive role at the satellite operator.
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Telesat and Farcast have completed an antenna technology demonstration milestone for Telesat Lightspeed, advancing validation of the technologies supporting Telesat’s satellite communications program. The companies did not disclose additional technical details in the announcement.
Earth observation company Satellogic appointed Frank “Trey” Whitworth, the former director of the National Geospatial-Intelligence Agency, as its president on Sept. 8. The leadership change brings a former senior U.S. geospatial-intelligence official into a top executive role at the satellite operator.
Pivotal Research initiated coverage of SpaceX with a buy rating, arguing the company can overcome Starship’s reusability bottleneck. The firm sees a successful solution potentially supporting Starlink’s expansion into part of the $1.7 trillion terrestrial and wireless communications market, while failure could leave SpaceX smaller than expected.
Pivotal set a $220 price target for SpaceX, arguing that Starship reusability could cut launch costs by more than 90% and accelerate Starlink and AI growth. The investment case remains execution-sensitive: failure to solve reusability could materially constrain the company’s future scale and valuation.
Hydrosat and Kazakhstan’s JSC “NC “KGS” have established a framework to assess a dedicated thermal-infrared satellite constellation. The proposed capability would focus on supporting water-security needs across Central Asia, though the announcement does not specify a development timeline, funding structure or constellation size.
Infinite Orbits has opened a new assembly, integration and testing facility in Toulouse, built in six months. The French startup says the site will support its Orbit Guard and Endurance satellite services and reflects Europe’s NewSpace industrial base.
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Stoke Space has completed the initial closing of a roughly $1 billion Series E round to prepare its fully reusable Nova rocket for an initial launch and develop a larger vehicle aimed at carrying bigger payloads, including replenishment missions for satellite constellations.
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