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You are here: Home / Archives for 2025

Archives for 2025

Aerospacelab secures 94 million euros ($110 million)

September 5, 2025 by editorial

Aerospacelab has closed an extended Series B funding round totaling 94 million euros ($110 million) throughout a dual-tranche funding of 56 million euros ($66 million) alongside a 38 million euros ($44 million) commitment from a European financial institution.

This Series B round has been strategically implemented to align with Aerospacelab’s ambitious industrial roadmap and solidify its position as a major force in the aerospace industry.

This substantial investment has served to propel Aeropacelab’s growth trajectory and fuel its products’ readiness, resulting in a fleet of ready-to-sell satellites to demanding customers active in a variety of industries (e.g. Earth Observation (EO), telecom, etc). Additionally, it has been directed towards the full verticalization of all key subsystems, reinforcing its industrial autonomy and accelerating its product development.

Aerospacelab’s Megafactory, a cornerstone of its industrial strategy, has already benefited from the Series B funding, enabling the company to build one of the most advanced satellite production sites in Europe, with a manufacturing capacity of up to 500 satellites per year.

The capital has also been instrumental in accelerating R&D, attracting top-tier engineering talent, and fully verticalizing subsystems—all of which directly enhance the reliability, performance, and delivery timelines for telecommunications customers and other commercial partners. Construction of the Megafactory began in 2024, with its first satellites’ production expected in 2026 and with a full production capacity to be reached by 2027.

Backed by a strong coalition of investors, including both returning and new partners, this round reflects the market’s growing confidence in Aerospacelab’s mission to drive innovation, speed, and performance through its vertically integrated technology stack.

This Series B is more than just capital — it’s a strong endorsement of our vision to deliver and scale our manufacturing capabilities powering the next generation of constellations”, said Benoît Deper, CEO and Founder of Aerospacelab. “It reinforces our position at a pivotal moment: our products are mature and ready to deploy, our industrial infrastructure is scaling up for mass production, and we are prepared to meet rising global demand with speed and precision. We are ready for what’s next.”

Filed Under: News

GHGSat satellites deployed to monitor methane at scale across ExxonMobil’s onshore operations

September 4, 2025 by editorial

ExxonMobil Corporation and GHGSat are now in a new partnership to monitor and mitigate methane at scale across ExxonMobil’s onshore operations in North America and Asia, including the United States, Canada, Papua New Guinea, and Indonesia.

This collaboration marks a significant investment by ExxonMobil in satellite-based emissions monitoring, reflecting the company’s commitment to reducing methane emissions, deploying innovative technologies, and leading the energy industry in environmental stewardship.

ExxonMobil has a demonstrated track record of industry-leading initiatives to drive methane reduction, cutting emissions intensity by more than 60 percent since 2016 and eliminating routine flaring in Permian Basin-operated assets. By 2030, ExxonMobil is on track to achieve methane reductions of 70 to 80 percent.

Data from the GHGSat platform will feed ExxonMobil’s pioneering Center for Operations and Methane Emissions Tracking (COMET). Launched in 2022, COMET continuously monitors and analyzes methane emissions data from a network of measurement technologies. Today, it’s part of ExxonMobil’s Vantage team – integrated with remote Upstream operations and serves as a model for oil & gas operators seeking to systematically identify and reduce emissions across their operations.

GHGSat’s state-of-the-art satellites, purpose-built to support industrial operators to reduce emissions, pinpoint the source of methane leaks as small as 100 kg/hr, typically down to individual pieces of equipment. With 14 satellites launched since 2016, GHGSat monitors millions of industrial facilities annually, monitoring at a near-continuous cadence to provide the most comprehensive global coverage in the market.

Leveraging an unmatched revisit rate, GHGSat delivers data to operators within hours, empowering them to address emissions swiftly and with confidence. Working hand-in-hand with industry as a trusted partner, GHGSat has supported the mitigation of over 20MT CO2E of methane since beginning operations.

Methane has a warming effect roughly 80 times stronger than carbon dioxide over a 20-year period. Reducing methane emissions is recognized as one of the most immediate and impactful ways to slow planetary warming.

Reducing methane is environmentally responsible and is also economically sound. Keeping methane in the pipeline, rather than the atmosphere, increases yields for oil and gas producers, reducing the financial losses stemming from lost product. Accurate data on methane emissions also safeguards an operator’s ability to export to nations with more stringent regulatory policies on emissions intensity. This increased efficiency creates a competitive edge in today’s rapidly evolving energy sector.

With this partnership, ExxonMobil and GHGSat make a steadfast commitment to reducing methane emissions and ensuring resilient energy systems around the globe.

This partnership demonstrates the power of the intersection of innovative technology and industry leadership to truly move the needle on methane,” said Stephane Germain, GHGSat CEO. “GHGSat is laser focused on designing its satellites to solve operational challenges for operators, providing insights—the exact source of an emission, delivered at a speed that is operationally useful—that enable action. As global demand grows for high-quality emissions data, this collaboration underscores the trust leading companies place in our technology to drive meaningful impact.”

When it comes to reducing methane, ExxonMobil has led from the front, pursuing aggressive reductions across our own operations and sharing best practices across the industry,” said Matt Kolesar, ExxonMobil Chief Environmental Scientist. “To execute our ambitious goals, Exxon is in constant pursuit of innovative technology and partnerships that can drive impact. By leveraging GHGSat’s cutting-edge satellite constellation—and the comprehensive data and insights it delivers—we are able to monitor assets at scale via satellite for the first time, informing mitigation strategy and action.”

Filed Under: News

WISeKey’s WISeSat subsidiary expands its ground segment network in Switzerland plus signs MOU with EnduroSat

September 4, 2025 by editorial

WISeKey International Holding Ltd. (SIX: WIHN, NASDAQ: WKEY) has announced that the company’s subsidiary, WISeSat AG, which focuses on space technology for secure SATCOM, specifically for IoT applications, has successfully installed its third ground station, located near Ecublens, in the Lausanne region of Switzerland.

This new antenna will serve as a control base for the management and direction of IoT satellites, further strengthening WISeSat’s global ground infrastructure.

This installation builds on the deployment of WISeSat’s European antenna in La Línea de la Concepción, Spain, where the municipality is collaborating with WISeKey to establish the LLG 4th Industrial Revolution Center of Excellence in Gibraltar. Together, these ground stations form a robust backbone for satellite connectivity and IoT innovation across Europe.

This new ground station positions the Lausanne region as a critical hub for the deployment, control, and communication of IoT satellites. It will play a central role in supporting WISeSat’s constellation of satellites, developed by WISeKey, to provide dedicated and secure IoT connectivity anywhere on Earth using picosatellites and low-power sensors.

WISeSat delivers a highly reliable IoT connectivity solution that ensures secure communications for critical applications, from smart cities and agriculture to logistics, energy, and environmental monitoring. By expanding its network of ground stations, WISeSat is laying the foundation for a fully European-controlled and operated satellite connectivity system aligned with Europe’s strategic digital and space independence goals.

This installation marks another milestone in building a secure and independent IoT satellite infrastructure in Europe,” said Carlos Moreira, CEO and founder at WISeKey. “By partnering with the Space Campus at the Ecole Polytechnique Fédérale de Lausanne, multidisciplinary hub dedicated to advancing space technologies, research, and innovation, we are strengthening collaboration across academia, startups, industry, and government. This unique ecosystem, anchored within one of Europe’s leading technical universities, is driving forward cutting-edge projects in satellite systems, space communications.”

Also, WISeKey International Holding AG (SIX: WIHN, NASDAQ: WKEY), via its subsidiary WISeSat.Space AG, and EnduroSat, recently signed a Memorandum of Understanding (MoU) to establish a framework aimed at achieving a strategic partnership to extend the development and deployment of ultra-secure, quantum-resilient, nanosatellite systems for Internet of Things (IoT) applications.

The cooperation targets the integration of SEALSQ secure elements, such as the VaultIC292, VaultIC408, and QS7001, into satellite payloads and ground-level endpoints. These components enable strong hardware-based security and digital identity protection, ensuring encrypted communications and trusted authentication across the IoT satellite network.

The project aims to implement post-quantum cryptographic (PQC) algorithms, aligned with NIST recommendations such as CRYSTALS-Kyber and CRYSTALS-Dilithium, to safeguard against future quantum computing threats. WISeSat will provide the PQC algorithmic stack and support, while EnduroSat will incorporate these into its satellite and communication platform.

EnduroSat brings its expertise in modular satellite design, on-orbit validation, and scalable deployment systems and will lead the physical integration of SEALSQ secure components into next-generation satellite buses and contribute to the overall mission architecture. WISeSat will support cryptographic integration and field engineering resources, ensuring that each system meets high-security and resilience benchmarks.

The partnership further outlines the future integration of post-quantum cryptographic solutions and secure elements into both EnduroSat and WISeSat satellite infrastructures. EnduroSat will also support the design and deployment of WISeSat’s future missions, ensuring compliance with defined security and performance requirements.

This collaboration builds on WISeSat’s successful deployment of its new-generation PQC-ready nanosatellite in December of 2025 and EnduroSat’s proven record of delivering more than 60+ satellites to orbit for institutional, scientific, and commercial customers. The resulting architecture will offer scalable, tamper-proof IoT connectivity services from LEO, critical for use-cases in logistics, critical infrastructure, defense, and environmental monitoring.

This partnership with EnduroSat marks a significant step forward in our mission to deliver quantum-resilient, end-to-end secure satellite infrastructure,” said Carlos Moreira, Founder and CEO of WISeKey. “By integrating SEALSQ’s advanced secure elements into the expanding WISeSat constellation, we are building a tamper-proof communications backbone in space. Together with EnduroSat’s modular satellite technology, we are enabling scalable and ultra-secure IoT connectivity services from Low Earth Orbit—critical for securing data and infrastructure in the quantum era.”

We are excited to initiate this partnership,” said Raycho Raychev, founder & CEO of EnduroSat. “We hope to accelerate the introduction and establishment of much stronger encryption capabilities into the satellite industry.”

Filed Under: News

Ovzon signs facilities agreement with Danske Bank for refinancing

September 3, 2025 by editorial

Ovzon AB (publ) has entered into a facilities agreement with Danske Bank for a term loan and a revolving credit facility to refinance existing loan, which will reduce interest expenses and secure financing for future growth.

The facilities agreement, which comprises a term loan of 300 MSEK and a revolving credit facility of 300 MSEK, has a tenor of two years, with the option of a one-year extension. The interest rate is 3-month STIBOR + 220-290 basis points in accordance with a margin ratchet.

The transaction is expected to be completed during the third quarter of 2025, provided that the usual conditions are met.

We appreciate the trust and foresight of our new banking partner and would also like to take the opportunity to thank P Capital Partners for enabling the development and launch of our first proprietary satellite, Ovzon 3. Ovzon’s strong order intake, solid financial performance, and market outlook have made this refinancing possible. Upon full utilization of the new facilities and repayment of existing loan, interest expenses are estimated to be reduced by approximately 70 MSEK annually,” said André Löfgren, CFO at Ovzon.

Filed Under: Featured, News

CNES awards UNIVITY a 31 million euros to accelerate space-based 5G made in France

September 1, 2025 by editorial

CNES has awarded €31 million in strategic funding to UNIVITY—formerly Constellation Technologies & Operations— as part of a France 2030 call for projects operated by CNES—this support marks a decisive step in the development of space-based 5G made in France and in the realization of UNIVITY’s industrial ambition.

While American and Chinese giants dominate the race for satellite connectivity, a French startup is changing the game with a bold vision rooted in innovation and industrial sovereignty.

Selected under the France 2030 space program following a competitive bidding process, UNIVITY—together with TDF—will carry out a groundbreaking demonstration of satellite-based 5G connectivity. Through real-world use cases, this experiment will validate the relevance of a fully integrated 5G NTN solution, designed and built in France, combining very Low Earth Orbit (vLEO) satellites with terrestrial infrastructure.

TDF will play a central role in the project’s operational implementation, managing the hosting, installation, operation, and maintenance of three gateway stations—two in mainland France and one overseas. These gateways will be essential to ensure seamless interoperability between the satellite system and telecom operators’ terrestrial networks.

With €31 million in funding from CNES and additional industrial co-financing from UNIVITY, the contract amounts to a total of €44 million and reflects a proactive commitment to technological sovereignty. As a true accelerator for the space industry, France 2030 supports the development of critical technologies for France’s economy and Europe’s technological independence. The selected project aims to validate this technology in real-world operational conditions.

The France 2030 co-funded project, with 30% industrial contribution, will unfold through to 2028 in two phases:

  • Phase 1 (July 2025 – April 2026): technical specification and use case studies.
  • Phase 2 (April 2026 – February 2028): assembly, integration, testing, launch, and in-orbit operation of two VLEO 5G satellites communicating with gateways and ground terminals to demonstrate high-throughput, low-latency services.

Backed by CNES, this funding underscores the credibility of the project while validating the technological and business choices made by UNIVITY and TDF. It also acts as a powerful industrial accelerator.

UNIVITY is not just another technological evolution, it is a strategic solution arriving at a historic moment in the telecom sector, marked by the convergence of terrestrial and space networks. As a future global provider of space-based internet services, the French company is developing a VLEO constellation leveraging operators’ own 5G mmWave spectrum to deliver high-speed, low-latency connectivity – just as they do today with terrestrial networks. This breakthrough opens new possibilities for connecting rural, remote, and underserved regions without requiring massive infrastructure investments.

This €44 million program consolidates UNIVITY’s ambitious trajectory. Less than six months after raising €9.3 million, the company successfully launched in June 2025 its first regenerative 5G mmWave payload for space telecommunications. It has also signed strategic agreements with TDF and with ESA. Next milestones include the launch of two prototype satellites in 2027, followed by the gradual deployment of the constellation between 2028 and 2030.

From left to right: Charles Delfieux, CEO, UNIVITY, and Christelle Boustie, Deputy Director of Telecommunications and Navigation Projects at CNES, during the official contract signing. Photo is courtesy of UNIVITY / CNES

Thanks to France 2030 funding, CNES is supporting UNIVITY in preparing, through the in-orbit demonstration ‘uniShape,’ a satellite-based 5G-NTN service designed to meet the needs of terrestrial operators. UNIVITY’s ‘uniSky’ constellation aims to deliver a distinctive French solution for high-speed space-based 5G-NTN connectivity, serving both consumer and professional users, built on innovative concepts and breakthrough technologies,” said Caroline Laurent, Director of Orbital Systems and Applications, CNES.

We are proud to have the support of France 2030 for this project, which represents a true strategic milestone for us. This recognition validates both our expertise and our vision of converging terrestrial and space networks. Our entire team is fully committed to this challenge, ready to deliver with enthusiasm, ambition, and determination,” said Véronique Bonnet, Program Director at UNIVITY.

This project is a key milestone for TDF, underscoring our ability to integrate the space dimension into our telecom infrastructure offering. By combining our field expertise, local presence, and technological know-how, we are actively contributing to the emergence of a hybrid, resilient, and sovereign connectivity model driven by French players,” said Jean-Louis Mounier, Managing Director of TDF’s TowerCo Business Unit.

Space is the new frontier for telecommunications,” said Charles Delfieux, President of UNIVITY.

Filed Under: News

Aerospacelab secures 94 million euros ($110 million)

August 28, 2025 by editorial

Aerospacelab has closed an extended Series B funding round totaling 94 million euros ($110 million) throughout a dual-tranche funding of 56 million euros ($66 million) alongside a 38 million euros ($44 million) commitment from a European financial institution.

This Series B round has been strategically implemented to align with Aerospacelab’s ambitious industrial roadmap and solidify its position as a major force in the aerospace industry.

This substantial investment has served to propel Aeropacelab’s growth trajectory and fuel its products’ readiness, resulting in a fleet of ready-to-sell satellites to demanding customers active in a variety of industries (e.g. Earth Observation (EO), telecom, etc). Additionally, it has been directed towards the full verticalization of all key subsystems, reinforcing its industrial autonomy and accelerating its product development.

Aerospacelab’s Megafactory, a cornerstone of its industrial strategy, has already benefited from the Series B funding, enabling the company to build one of the most advanced satellite production sites in Europe, with a manufacturing capacity of up to 500 satellites per year.

The capital has also been instrumental in accelerating R&D, attracting top-tier engineering talent, and fully verticalizing subsystems—all of which directly enhance the reliability, performance, and delivery timelines for telecommunications customers and other commercial partners. Construction of the Megafactory began in 2024, with its first satellites’ production expected in 2026 and with a full production capacity to be reached by 2027.

Backed by a strong coalition of investors, including both returning and new partners, this round reflects the market’s growing confidence in Aerospacelab’s mission to drive innovation, speed, and performance through its vertically integrated technology stack.

This Series B is more than just capital — it’s a strong endorsement of our vision to deliver and scale our manufacturing capabilities powering the next generation of constellations”, said Benoît Deper, CEO and Founder of Aerospacelab. “It reinforces our position at a pivotal moment: our products are mature and ready to deploy, our industrial infrastructure is scaling up for mass production, and we are prepared to meet rising global demand with speed and precision. We are ready for what’s next.”

Filed Under: Featured, News

Elbit Systems’ JUPITER space camera launched aboard NAOS satellite

August 27, 2025 by editorial

Elbit Systems Ltd. launched the company’s advanced JUPITER space camera aboard the National Advanced Optical System (NAOS) satellite, supporting a wide span of Earth Observation (EO) missions, including military operations, environmental monitoring and scientific research.

Artistic rendition of the NAOS satellite on-orbit, courtesy of OHB Italia

The NAOS satellite, manufactured by OHB Italia S.p.A., was launched on August 26th from Vandenberg Space Force Base, California, for the Luxembourg Government’s Directorate of Defense aboard a SpaceX Falcon 9 rocket.

JUPITER, developed by Elbit Systems ISTAR&EW – ELOP, is one of the world’s most advanced space cameras, featuring a very large aperture and an exceptionally lightweight design. The camera is multispectral, offering a combination of imaging channels:

  • A high-resolution panchromatic channel (black and white), which captures fine spatial details across the full visible spectrum.
  • RGB channels (red, green, blue) for true-color imaging.
  • A NIR channel (Near-Infrared), which enables analysis of vegetation health, water content, and material properties.

These channels are ideal for advanced image fusion and analysis. JUPITER is capable of capturing continuous long image strips with a swath, allowing efficient coverage of large geographic areas in a single orbital overpass.

The data generated by the JUPITER camera is designed for seamless integration with onboard systems and ground station analytics platforms. Its compatibility with advanced image processing and AI engines enables the extraction of actionable insights, supporting informed decision-making across a wide range of applications.

In addition to the camera, Elbit Systems developed and supplied advanced algorithms to support the ground segment of the NAOS mission, enhancing image analysis capabilities.

This achievement is the result of a close collaboration between OHB Italia and Elbit Systems, combining satellite engineering excellence with top-tier imaging technology to deliver one of the highest-performing spaceborne optical systems in the world.

Filed Under: News

Forrester’s Digest: EchoStar sells spectrum to AT&T for billions

August 27, 2025 by editorial

Pay-TV operator EchoStar is selling $23 billions-worth (€19.8 billion) of terrestrial spectrum designed to improve 5G and home Internet access.

AT&T and EchoStar have also agreed to enhance their long-term wholesale network services agreement, enabling EchoStar to operate as a hybrid mobile network operator providing wireless service under EchoStar’s Boost Mobile brand. AT&T will be the primary network services partner to EchoStar as it continues to serve wireless customers.

AT&T says it will acquire approximately 30 MHz of nationwide 3.45 GHz mid-band spectrum and approximately 20 MHz of nationwide 600 MHz low-band spectrum for approximately $23 billion in an all-cash deal, subject to certain conditions.

The agreement will see improved AT&T services in some 400 urban and suburban markets in the U.S.

The deal eases the financial pressures on EchoStar which only a few weeks ago was rumoured to be considering bankruptcy. EchoStar’s share price rocketed 74 percent on the deal’s announcement.

However, despite the wording of co-operation between EchoStar and AT&T, the deal seem to put an end to EchoStar’s hope of becoming the USA’s fourth cellular nationwide network. EchoStar will now become a hybrid mobile network operator, which is a carrier that operates on its own network, in addition to using other companies’ infrastructure.

John Stankey, Chairman and CEO, AT&T, said, “This acquisition bolsters and expands our spectrum portfolio while enhancing customers’ 5G wireless and home internet experience in even more markets. No one brings wireless and fiber internet to more places or does it better than AT&T – and we do it with the industry’s first and only guarantee for both wireless and fibre. We’re adding fuel to our winning strategy of investing in valuable wireless and broadband assets to become America’s best connectivity provider.”

Filed Under: Featured, News

Forrester’s Digest: Belgium vs France for IRIS2 LEO contract

August 26, 2025 by editorial

The EU-backed IRIS2 mega-constellation of super-secure satellites has seen the SpaceRISE consortium, which is managing the project, launch its first contest for the building of the 270-satellite LEO segment of the scheme—the two competing suppliers are Aerospacelab of Belgium and Airbus Defense & Space of France.

The competition (‘competitive dialogue’) will wrap with the selection of prime contractors for the LEO segment. Formal bids are reportedly due in September and the aim is for the winning supplier to be in place by the end of October.

Complicating the specification is that, whoever wins, they must apportion 30 percent of the contracts value to smaller and mid-sized businesses in the space ecosystem.

The SpaceRISE consortium is comprised of SES, Eutelsat and Hispasat, and their brief is to have made their various decisions by year end so that the European Commission can confirm the project, its financing and timetable.

That timetable is tight, and the Commission wants both the LEO elements and the MEO components to be launched and in service by 2030.

Filed Under: Featured, News

TI semiconductors enable advanced EO capabilities for ISRO’s first-of-its-kind NISAR mission

August 26, 2025 by editorial

NISAR

A partnership between TI (Texas Instruments) and SAC-ISRO helped enable the mission payloads for the NISAR satellite, which is currently orbiting Earth.

Artistic rendition of an Earth Observation satellite on-orbit, courtesy of TI

TI’s space-grade power management, mixed signal and analog technologies optimize system performance and allow the satellite to operate in the harsh environment of space over the mission’s lifetime. NISAR is the first satellite to use dual-band, synthetic aperture radar technology to monitor the Earth’s ecosystems, natural hazards and climate patterns.

Texas Instruments (TI) semiconductors are enabling the radar imaging and scientific exploration payloads for the NASA-Indian Space Research Organization (ISRO) synthetic aperture radar (NISAR) satellite, which was recently launched into orbit. The launch of the satellite culminates a decade-long partnership between TI and the ISRO to optimize the performance of the electronic systems responsible for this Earth-observation mission. NISAR is equipped with TI’s radiation-hardened and radiation-tolerant products that enable designers to maximize power density, precision and performance in their satellite systems.

The ISRO describes NISAR as the first EO mission to use dual-band synthetic aperture radar (SAR) technology, enabling the system to capture precise, high-resolution images during the day, night and all weather conditions. TI’s technology is enabling the satellite’s next-generation capabilities through efficient power management, high-speed data transfer, and precise signal sampling and timing.

The NISAR satellite will image the entire planet every 12 days, offering scientists greater understanding of changes to Earth’s ecosystems, ice mass, vegetation biomass, sea-level rise and groundwater levels. The agencies also expect the data to improve real-time monitoring of natural hazards such as earthquakes, tsunamis, volcanoes and landslides.

Throughout the project life cycle, TI’s system expertise and space-grade semiconductors, which are designed to withstand the harshest space environments, helped enable the advanced S-band SAR capabilities of the NISAR mission. The company provided:

Radiation-hardened power management die for SAC-ISRO developed point-of-load hybrid power module, helping optimize size, weight and power for the mission payloads. Analog-to-digital converters with ultra-high sampling rates and high resolution, allowing the satellite payload to generate fine-grained, high resolution radar imagery. High-performance interface technology, which enables high-speed data transfer between different satellite subsystems to ensure reliable communication. A clocking solution that enables the precise time alignment and synchronous, coherent sampling required for high-precision SAR systems.

From selecting the correct products to ensuring consistent support across development cycles, TI’s technical expertise helped us navigate complex payload requirements,” said Shri Nilesh, Desai, Director, Space Applications Centre (SAC), ISRO. “A deeply coupled partnership, specifically focused on high-impact mixed signal and analog semiconductors, enabled ISRO to meet the system-level requirements for a satellite in LEO. Together, we achieved the space-grade performance standards needed for this important mission.”

As the NISAR satellite is now in orbit, I reflect on the decade-long partnership that brought us here and how our teams are already looking to what’s next, developing new technologies that will enable future missions,” said Elizabeth Jansen, TI India’s sales and applications director. “Building on more than 60 years of expertise, TI’s radiation-hardened and radiation-tolerant semiconductors are ready to meet the evolving demands of the space market. Our broad and reliable space-grade portfolio is ever-expanding and pushing the limits of what’s possible in the next frontier.”

Filed Under: News

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