Another space company partners with Luxembourg
Capitalism in space: Luxembourg has formed a new business partnership with Magna Parva, a United Kingdom company, to develop in-space manufacturing technology.
Within the framework of this MoU, the developments and research to take place in Luxembourg are related to the project for in-space manufacturing of composite beams equipped with antennas. Kleos Space will collaborate with EmTroniX, a Luxembourg-based company specialized in electronics development, as well as with the Luxembourg Institute of Science and Technology (LIST) on this subject. The Government will support the development of the in-space manufacturing technology by providing funding through the Luxembourg space program (LuxIMPULSE).
I suspect the manufacturing will be some form of 3D printing. However, it is unclear to me where in space this manufacturing will take place. Will it occur on ISS or the Chinese space station expected to launch in a few years? Or is Luxembourg planning some new venture that either includes some privately built station (Bigelow?) or an unmanned robot in orbit?
Either way, Luxembourg is once again investing its tax revenue in what it thinks will be profitable endeavors in space, and that venture capitalism is continuing to attract companies to that nation.
Capitalism in space: Luxembourg has formed a new business partnership with Magna Parva, a United Kingdom company, to develop in-space manufacturing technology.
Within the framework of this MoU, the developments and research to take place in Luxembourg are related to the project for in-space manufacturing of composite beams equipped with antennas. Kleos Space will collaborate with EmTroniX, a Luxembourg-based company specialized in electronics development, as well as with the Luxembourg Institute of Science and Technology (LIST) on this subject. The Government will support the development of the in-space manufacturing technology by providing funding through the Luxembourg space program (LuxIMPULSE).
I suspect the manufacturing will be some form of 3D printing. However, it is unclear to me where in space this manufacturing will take place. Will it occur on ISS or the Chinese space station expected to launch in a few years? Or is Luxembourg planning some new venture that either includes some privately built station (Bigelow?) or an unmanned robot in orbit?
Either way, Luxembourg is once again investing its tax revenue in what it thinks will be profitable endeavors in space, and that venture capitalism is continuing to attract companies to that nation.