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Astroscale expands into geostationary satellite life extension with new acquisition

Orbital spacecraft sustainability startup Astroscale has acquired the IP, most assets and staff of an Israeli company called Effective Space Solutions in order to broaden its service offering to include servicing geostationary (GEO) satellites, as well as low Earth orbit (LEO) debris removal. Astroscale, founded in Japan in 2013 with a mission of addressing the growing problem of orbital debris and sustainable space operations, is also setting up an office in Israel as part of this deal.
Already, Astroscale has offices in the U.K., the U.S. and Singapore, and this new arrangement will make it even more of a global company. The operation in Israel will focus on the GEO satellite life extension aspect of the business, which is what ESS was working on previously. Satellite life extension is actually something that a number of companies are looking to develop and bring to market, including orbital “gas station” company Orbit Fab, as well as larger legacy industry companies like Maxar.
Extending the life of GEO satellites with on-orbit servicing is potentially a very lucrative industry, as it would mean that companies can get a lot more usable life, and revenue, out of their considerable investments in building the expensive, large and pricey to launch spacecraft to begin with.
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