Billionaire who fought Sutherland spaceport now owns at least half of competing Saxavord spaceport
Proposed spaceports surrounding Norwegian Sea
Anders Povlsen, the Danish billionaire who aggressively fought the establishment of the Sutherland spaceport on the north coast of Scotland, where he owns lots of land, has increased his holding of the competing Saxavord spaceport on one of the Shetland Islands, raising his share of ownership there to at least 50%.
Danish billionaire Anders Povlsen has increased his stake in Shetland Space Centre via his company, Wild Ventures Ltd, which now owns more than half of its shares. New filings with Companies House also show that Lise Kaae, the chief executive of Mr Povlsen’s investment firm, Heartland, has been appointed as a director at the spaceport.
Mr Povlsen, who made his fortune in retail fashion and is reported to be Scotland’s largest landowner, has been involved in the spaceport since 2020 when Wild Ventures Ltd invested £1.5m.
Povlsen had for years aggressively opposed Sutherland, expressing that opposition with repeated lawsuits that caused years of regulatory delays. Those delays in turn impacted Sutherland’s biggest customer, the rocket startup Orbex, which had a fifty year lease on a launchpad and had hoped to start launches of its Prime rocket in 2022. In December 2024, with no sign it would get a launch license from the UK’s Civil Aviation Authority anytime soon, Orbex essentially gave up on Sutherland, announcing suddenly it was switching launch operations to Saxaford.
It now appears Povlsen’s lawfare effort has born fruit, which I think explains why he has now suddenly increased his ownership share in Saxavord
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Proposed spaceports surrounding Norwegian Sea
Anders Povlsen, the Danish billionaire who aggressively fought the establishment of the Sutherland spaceport on the north coast of Scotland, where he owns lots of land, has increased his holding of the competing Saxavord spaceport on one of the Shetland Islands, raising his share of ownership there to at least 50%.
Danish billionaire Anders Povlsen has increased his stake in Shetland Space Centre via his company, Wild Ventures Ltd, which now owns more than half of its shares. New filings with Companies House also show that Lise Kaae, the chief executive of Mr Povlsen’s investment firm, Heartland, has been appointed as a director at the spaceport.
Mr Povlsen, who made his fortune in retail fashion and is reported to be Scotland’s largest landowner, has been involved in the spaceport since 2020 when Wild Ventures Ltd invested £1.5m.
Povlsen had for years aggressively opposed Sutherland, expressing that opposition with repeated lawsuits that caused years of regulatory delays. Those delays in turn impacted Sutherland’s biggest customer, the rocket startup Orbex, which had a fifty year lease on a launchpad and had hoped to start launches of its Prime rocket in 2022. In December 2024, with no sign it would get a launch license from the UK’s Civil Aviation Authority anytime soon, Orbex essentially gave up on Sutherland, announcing suddenly it was switching launch operations to Saxaford.
It now appears Povlsen’s lawfare effort has born fruit, which I think explains why he has now suddenly increased his ownership share in Saxavord
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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