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ARTICLE · 28 JUNE 2016

Satellite & Space Project News - June 2016

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The UK Space Agency and the National Centre for Earth Observation (NCEO) have announced that they will be jointly funding a project to provide a seamless supply chain of climate data from space.

United KingdomTransport
John Worthy
John Worthy

Funding boost for UK climate space data industries

The UK Space Agency and the National Centre for Earth Observation (NCEO) have announced that they will be jointly funding a project to provide a seamless supply chain of climate data from space. The funding will pay for data processing facilities, community tools and software to allow regular production of climate data from existing satellite instruments. The aim of the project is to boost growth and innovation in the UK's climate services industries.

SES to increase stake in O3b

Satellite operator SES is to acquire 100% of O3B Networks. Back in April, the company announced plans to pay US$20m for a controlling stake, increasing its 49.1% (fully diluted) interest in O3b to 50.51%. SES now intends to exercise its call option under the purchase agreement to acquire the remaining 49.5% of shares for US$710m. Karim Michel Sabbagh, President and CEO of SES commented: "O3b's MEO constellation is a key accelerator in

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