A network of Australian observatories has successfully received laser signals from a German satellite in low Earth orbit, paving the way for much faster communication speeds from space.
The University of Western Australia’s three TeraNet observatories – one of which is mobile and mounted on the back of a lorry – use lasers to transfer data between satellites in space and users on Earth, instead of traditional radio signals.
Radio signals have been used to communicate from space since the launch of the first satellite, Sputnik 1, nearly 70 years ago.
But as the number of satellites in space has grown, with each capable of generating more data, there is now a critical bottleneck in sending data back to Earth.
Lasers can help solve that problem. Because they operate at much higher frequencies than radio waves, they can transfer data at thousands of gigabits per second, meaning they pack more information into every second – paving the way for a 1,000-fold increase in communication bandwidth between space and Earth.
“This demonstration is the critical first step in establishing a next-generation space communications network across Western Australia. The next steps include joining this network to other optical ground stations currently being developed in Australia and across the world,” said associate professor Sascha Schediwy from UWA, who leads the TeraNet team.
Laser communication can offer greater bandwidth but it also has drawbacks, because its signals can be interrupted by cloud and rain.
The TeraNet team has created a workaround by establishing a network of three ground stations across the state of Western Australia, meaning if it is cloudy at one site, the satellite can download its data to another which has clearer skies above.
One of the observatories that received the satellite laser signal is built on the back of a custom-built Jeep, so it can be quickly deployed to sites that need ultra-fast space communications, including communities where traditional communications links have been cut off due to natural disasters.
Experts say high-speed laser communication from space will also improve and secure military communication networks, and bolster secure remote operations for sectors such as autonomous mining operations, as well as national disaster planning and responses.
TeraNet will support numerous international space missions operating between low Earth orbit and the Moon, using proven conventional optical communications standards and more advanced optical technology.
The network comprises one ground station at UWA in Perth, another at the Mingenew Space Precinct 300km north of Perth and a mobile hub that is being commissioned at the European Space Agency’s New Norcia site.
Kessler effect
In the late 1970s, during the space race between the United States and the USSR, when an increasing number of satellites were being sent into orbit, scientist Don Kessler warned that the amount of space junk could become so great that collisions would become inevitable.
A chain reaction would be created, causing even more collisions, making it impossible to navigate any spacecraft or equipment, he said. At the time, he estimated the scenario, known as the Kessler effect, would take three or four decades to become a reality.
Space defence experts now fear the possibility of rogue states or groups causing worldwide chaos by using such a scenario to bring down hundreds of satellites.
There are around 2,666 satellites orbiting the Earth, with thousands more tiny bits of debris that could trigger a catastrophic collision.
Currently one satellite a year is destroyed in collisions with space junk, with a one-kilogram piece of debris having the mass to destroy a spacecraft. In Kessler's theory the fragments from this could then hit other satellites with the resulting cascade of disintegration causing massive destruction.
Experts have suggested one solution may be to recycle space debris, using parts and material from decommissioned satellites and debris into useful materials to support other space missions.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Sholto Byrnes on Myanmar politics
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Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
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The specs
Engine: 4.0-litre flat-six
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
A Dog's Journey
Directed by: Gail Mancuso
Starring: Dennis Quaid, Josh Gad, Marg Helgenberger, Betty Gilpin, Kathryn Prescott
3 out of 5 stars
The specs: 2019 Audi A7 Sportback
Price, base: Dh315,000
Engine: 3.0-litre V6
Transmission: Seven-speed automatic
Power: 335hp @ 5,000rpm
Torque: 500Nm @ 1,370rpm
Fuel economy 5.9L / 100km
MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
What is tokenisation?
Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets.
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The specs: 2019 Haval H6
Price, base: Dh69,900
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Seven-speed automatic
Power: 197hp @ 5,500rpm
Torque: 315Nm @ 2,000rpm
Fuel economy, combined: 7.0L / 100km
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The Matrix Resurrections
Director: Lana Wachowski
Stars: Keanu Reeves, Carrie-Anne Moss, Jessica Henwick
Rating:****
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
COMPANY%20PROFILE
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COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Conservative MPs who have publicly revealed sending letters of no confidence
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- Nadine Dorries
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