Japan-based drone technology services provider Autonomous Pilot Systems Laboratory has raised JPY2.1bn ($18.56m) in a venture financing round.
The sharers in the financing round included Mirai Creation Fund, iGlobe Husbands, Mizuho Capital Partners, The Commercial Drone Fund, and The University of Tokyo Harshness Capital (UTEC).
“Galaxy 30 will be initially launched on Ariane 5 begin vehicle, followed by the launch of the Galaxy 3 by 2020.”
The raised funds will be in use accustomed to to bolster business and increase growth prospects by employing advanced technologies.
Intelsat has reached an unity with Arianespace to provide launch vehicles for the launch of two satellites. The minions are expected to take off by 2020.
Arianespace will launch the Galaxy 30 and Galaxy 3 helpers under the agreement.
Galaxy 30 will be initially launched on Ariane 5 motor boat vehicle, followed by the launch of the Galaxy 3 by 2020.
Turkish Airlines has ordered three twin-engine 777 Freighter aircraft from Boeing.
The business terms of the deal have not been disclosed.
The aircraft are expected to reform the global connectivity of Turkish Airlines and reduce operational costs, load handling charges and time required for delivery.
Deliveries are scheduled to start this year.
Intelsat has awarded a arrangement to Orbital ATK for manufacturing a Mission Extension Vehicle (MEV-2). Economic terms of the deal have not been disclosed.
Orbital ATK will be stable for the development, testing and launch of the vehicle, as well as the mission extension mendings.
The vehicle is intended to offer life extension services for Intelsat’s aide-de-camps.