Overview: The global satellite communications (satcom) industry is entering a decade of explosive growth and transformation. In 2024, the overall space economy reached $415 billion, with commercial satellite activities (like communications and broadcasting) dominating about $293 billion (71%) of that total ts2.tech. The number of active satellites in orbit has surged from ~3,300 in 2020…
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The European Space Agency (ESA) has released the first images from its forest carbon stock observation satellite, launched in April. Using P-band synthetic aperture radar, the satellite can penetrate clouds and forest canopies to directly measure woody biomass, aiding in forest carbon estimation. ESA's Michael Fehringer noted ongoing calibration to ensure high-quality data.
Amazon is set to restructure its workforce, with artificial intelligence (AI) replacing thousands of corporate jobs in the coming years. CEO Andy Jassy confirmed that as AI becomes more integrated, "human presence won’t be necessary in some jobs," though new tech roles may emerge. Amazon is investing nearly $100 billion in AI and data centers, up from $83 billion last year, to boost efficiency and innovation. This shift is causing concern among employees, as Amazon’s move is likely to influence other companies. Bloomberg Intelligence estimates AI could eliminate up to 200,000 banking jobs, highlighting the broader impact of AI-driven automation.
Space News Roundup – June 29, 2025Satellite Launches and Deployment It has been an exceptionally busy period for orbital launches around the globe. Japan’s H-2A rocket flew its 50th and final mission, drawing the curtain on a 24-year career. The liquid-fueled H-2A, developed by Mitsubishi Heavy Industries and JAXA, successfully l…
AI News Roundup – June 29, 2025 (Daily AI News and Analysis)June 29, 2025 – Today’s top artificial intelligence news spans major tech investments, experimental AI mishaps, talent wars, and more. Below we summarize each key story from June 29, 2025, with deeper analysis and context. From Alibaba’s massive AI funding pledge to an AI vending machine fiasco, …
Latest Satellite News / Updated: 2025, June 29th, 16:39 CETLatest Satellite News Table of Contents 1. Vera C. Rubin Observatory: A New Era in Cosmic Imaging 2. Mars Exploration: Curiosity’s Boxwork and China’s Sample Return 3. Satellite Technology: Launches, Upgrades, and Global Internet 4. Earth Observation: Climate, Biodiversity, and Disaster Monitorin…
