The Internet

Finland Finds Drag Marks Near Broken Undersea Cable. Russia's 'Shadow Fleet' Suspected (msn.com) 160

Reuters reports: Finnish police said on Sunday they had found tracks that drag on for dozens of kilometres along the bottom of the Baltic Sea where a tanker carrying Russian oil is suspected of breaking a power line and four telecoms cables with its anchor... A break in the 658 megawatt (MW) Estlink 2 power cable between Finland and Estonia occurred at midday on Wednesday, leaving only the 358 MW Estlink 1 linking the two countries, grid operators said. They said Estlink 2 might not be back in service before August.
In an interesting twist, the New York Times reports that the ship "bears all the hallmarks of vessels belonging to Russia's shadow fleet, officials said, and had embarked from a Russian port shortly before the cables were cut." If confirmed, it would be the first known instance of a shadow fleet vessel being used to intentionally sabotage critical infrastructure in Europe — and, officials and experts said, a clear escalation by Russia in its conflict with the West... NATO's general secretary, Mark Rutte, responding to requests from the leaders of Finland and Estonia, both member nations, said the Atlantic alliance would "enhance" its military presence in the Baltic Sea...

Since Russia began assembling its fleet, the number of shadow vessels traversing the oceans has grown by hundreds and now makes up 17 percent of the total global oil tanker fleet... Nearly 70 percent of Russia's oil is being transported by shadow tankers, according to an analysis published in October by the Kyiv School of Economics Institute, a research organization based in Ukraine... The authorities in Finland are still investigating whether the "Eagle S" engaged in a criminal act. But the sheer size of the shadow fleet might have made using some of these vessels for sabotage irresistible to Russia, [said Elisabeth Braw, a senior fellow at the Atlantic Council who has researched and written about shadow fleets]...

While it's still not certain that this week's cable cutting was done intentionally, the Baltic Sea, for a number of reasons, is an ideal arena to carry out sabotage operations. It is relatively shallow and is crisscrossed with essential undersea cables and pipelines that provide energy, as well as internet and phone services, to a number of European countries that are NATO members. Russia has relatively unfettered access to the sea from several ports, and its commercial vessels, protected by international maritime law, can move around international waters largely unmolested... The suspicions that Russia was using shadow vessels for more than just escaping sanctions existed before this week's cable cutting. Last April, the head of Sweden's Navy told a local news outlet that there was evidence such ships were being used to conduct signals intelligence on behalf of Russia and that some fishing vessels had been spotted with antennas and masts not normally seen on commercial vessels. Since the war began, there has also been an uptick in suspicious episodes resulting in damage to critical undersea infrastructure...

Hours after Finland's energy grid operator alerted the police that an undersea power cable was damaged on Wednesday, Finnish officers descended by helicopter to the ship's deck and took over the bridge, preventing the vessel from sailing farther. By Friday, it remained at anchor in the Gulf of Finland, guarded by a Finnish Defense Forces missile boat and a Border Guard patrol vessel.

The cable incident happened just weeks after the EU issued new sanctions targetting Russia's shadow fleet, Euronews reports. "A handful of Chinese companies suspected of enabling Russia's production of drones are also blacklisted as part of the agreement, a diplomat told Euronews." The "shadow fleet" has been accused of deceptive practices, including transmitting falsified data and turning off their transporters to become invisible to satellite systems, and conducting multiple ship-to-ship transfers to conceal the origin of the oil barrels...
EU

The USB-C Charging Mandate Arrives in the EU (theverge.com) 107

From December 28th, a large percentage of the gadgets bought inside the EU are required to charge via USB-C. From a report: The goal for Directive 2022/2380, known colloquially as the common charging solution, is to reduce e-waste and solve market fragmentation. You may recall Apple and the EU butting heads over this a few years ago.

The requirement for USB-C is just the surface of this directive though. It also includes regulations on fast charging, unbundling charging bricks from retail devices, and the introduction of improved labelling -- and it has the potential to make life for gadget enthusiasts in the EU a whole lot simpler. If it works, of course.

EU

Germany Joins EU's 'Ultra-Low' Fertility Club 175

Three more EU member states -- including the most populous, Germany -- have joined the list of countries with "ultra-low" fertility rates [non-paywalled source], highlighting the extent of the region's demographic challenges. Financial Times: Official statistics show Germany's birth rate fell to 1.35 children per woman in 2023, below the UN's "ultra-low" threshold of 1.4 -- characterising a scenario where falling birth rates become tough to reverse.

Estonia and Austria also passed under the 1.4 threshold, joining the nine EU countries -- including Spain, Greece and Italy -- that in 2022 had fertility rates below 1.4 children per woman. The fall in birth rates partially reflects the "postponement of parenthood until the 30s," which involves a "higher likelihood that you will not have as many children as you would like because of the biological clock," said Willem Adema, senior economist at the OECD.
Games

'2024 Was the Year Gamers Really Started Pushing Back On the Erosion of Game Ownership' (pcgamer.com) 50

Mass game shutdowns and service terminations marked 2024 as a pivotal year for digital ownership concerns in the gaming industry. PC Gamer adds: The arguments have been around forever, but they've been made concrete by the simple fact that, over the last decade in particular, we've seen more and more games simply disappear. And we're not talking about obscure hobbyist projects, but seriously big budget titles that companies have spent millions developing, and hundreds of devs have spent years of their careers on. Sony's Concord shooter lasted only 11 days before closure, while Ubisoft's decade-old The Crew became unplayable in April, sparking the Stop Killing Games campaign. The movement, which has gathered over 400,000 signatures, aims to pressure EU regulators to ban publishers from rendering multiplayer games inoperable.
Censorship

Critics Decry Vietnam's 'Draconian' New Internet Law (theguardian.com) 22

Vietnam's Decree 147 mandates social media users on platforms like Facebook and TikTok to verify their identities and requires tech companies to store and share user data with authorities upon request, sparking concerns over increased censorship, self-censorship, and threats to free expression. Furthermore, the decree imposes restrictions on gaming time for minors and limits livestreaming to verified accounts. It becomes effective on Christmas Day. The Guardian reports: Decree 147, as it is known, builds on a 2018 cybersecurity law that was sharply criticized by the US, EU and internet freedom advocates who said it mimics China's repressive internet censorship. [...] Critics say that decree 147 will also expose dissidents who post anonymously to the risk of arrest. "Many people work quietly but effectively in advancing the universal values of human rights," Ho Chi Minh City-based blogger and rights activist Nguyen Hoang Vi told AFP.

She warned that the new decree "may encourage self-censorship, where people avoid expressing dissenting views to protect their safety -- ultimately harming the overall development of democratic values" in the country. Le Quang Tu Do, of the ministry of information and communications (MIC), told state media that decree 147 would "regulate behavior in order to maintain social order, national security, and national sovereignty in cyberspace." [...]

Human Rights Watch is calling on the government to repeal the "draconian" new decree. "Vietnam's new Decree 147 and its other cybersecurity laws neither protect the public from any genuine security concerns nor respect fundamental human rights," said Patricia Gossman, HRW's associate Asia director. "Because the Vietnamese police treat any criticism of the Communist party of Vietnam as a national security matter, this decree will provide them with yet another tool to suppress dissent."

EU

EU Wants Apple To Open AirDrop and AirPlay To Android (9to5google.com) 47

The EU is pushing Apple to make iOS more interoperable with other platforms, requiring features like AirDrop and AirPlay to work seamlessly with Android and third-party devices, while also enabling background app functionality and cross-platform notifications. 9to5Google reports: A new document released (PDF) by the European Commission this week reveals a number of ways the EU wants Apple to change iOS and its features to be more interoperable with other platforms. There are some changes to iOS itself, such as opening up notifications to work on third-party smartwatches as they do with the Apple Watch. Similarly, the EU wants Apple to let iOS apps work in the background as Apple's first-party apps do, as this is a struggle of some apps, especially companion apps for accessories such as smartwatches (other than the Apple Watch, of course). But there are also some iOS features that the EU directly wants Apple to open up to other platforms, including Android. [...]

As our sister site 9to5Mac points out, Apple has responded (PDF) to this EU document, prominently criticizing the EU for putting out a mandate that "could expose your private information." Apple's document primarily focuses in on Meta, which the company says has made "more interoperability requests" than anyone else. Apple says that opening AirPlay to Meta would "[create] a new class of privacy and security issues, while giving them data about users homes." The EU is taking consultation on this case until January 9, 2025, and if Apple doesn't comply when the order is eventually put into effect, it could result in heavy fines.

Iphone

Apple Pulls Lightning-Equipped iPhones From Swiss Stores Ahead of EU USB-C Mandate (macrumors.com) 33

Apple has started pulling its iPhone SE and iPhone 14 models from sale in Switzerland, signaling broader discontinuation across the European Union ahead of new USB-C charging requirements taking effect December 28.

The devices, which use Apple's proprietary Lightning port, disappeared from Swiss online stores today. Switzerland, while not an EU member, follows EU market rules. Apple-authorized resellers can continue selling existing stock until depleted. A new USB-C compatible iPhone SE is expected in March.
IOS

EU Pushes Apple To Make iPhones More Compatible With Rival Devices (theverge.com) 98

The European Union has issued draft recommendations requiring Apple to make its iOS and iPadOS operating systems more compatible with competitors' devices, setting up a clash over privacy concerns. The proposals would allow third-party smartwatches and headsets to interact more seamlessly with iPhones.

Apple has responded [PDF] with warnings about security risks, particularly citing Meta's requests for access to Apple's technology. The Commission seeks industry feedback by January 2025, with final measures expected by March. Non-compliance could trigger EU fines up to 10% of Apple's global annual sales.
EU

EU Opens Investigation Into TikTok Over Election Interference (reuters.com) 69

The European Commission has launched formal proceedings against TikTok over concerns about its failure to limit election interference, particularly in last month's Romanian presidential vote. Reuters reports: The Commission said it will request information and look into TikTok's policy on political advertisements and paid-for political content as well as TikTok's systems to generate recommendations and the risks of them being manipulated. The opening of formal proceedings empowers the Commission to take further enforcement steps and to accept commitments made by TikTok. There is no specific deadline to complete proceedings.
Facebook

Meta Fined $263 Million Over 2018 Security Breach That Affected 3 Million EU Users (techcrunch.com) 24

Meta has been fined around $263 million in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018. From a report: The penalty, issued on Tuesday by Ireland's Data Protection Commission (DPC) -- enforcing the bloc's General Data Protection Regulation (GDPR) -- is far from being the largest GDPR fine Meta has been hit with since the regime came into force over five years ago but is notable for being a substantial sanction for a single security incident.

The breach it relates to dates back to July 2017 when Facebook, as the company was still known then, rolled out a video upload function that included a "View as" feature which let the user see their own Facebook page as it would be seen by another user. A bug in the design allowed users making use of the feature to invoke the video uploader in conjunction with Facebook's 'Happy Birthday Composer' facility to generate a fully permissioned user token that gave them full access to the Facebook profile of that other user. They could then use the token to exploit the same combination of features on other accounts -- gaining unauthorized access to multiple users' profiles and data, per the DPC.

EU

EU Signs $1 Billion Deal For Sovereign Satellite Constellation To Rival Starlink (techcrunch.com) 109

An anonymous reader quotes a report from TechCrunch: The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a $11.1 billion deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030. The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.

First announced in 2022, Iris^2 (Infrastructure for Resilience, Interconnectivity and Security by Satellite) is a public-private partnership whose initial cost estimate (6 billion euros) leapt 76% through a fraught negotiation process. In the end, the program will be 61% funded from the public purse; an industry consortium called SpaceRise, selected in October, is making up the difference. This grouping includes French satellite giant Eutelsat, which merged with European rival OneWeb back in 2022.

Earth

Scientists Advise EU To Halt Solar Geoengineering 149

An anonymous reader shares a report: Scientific advisers to the European Commission are calling for a moratorium across the EU on efforts to artificially cool Earth through solar geoengineering. That includes controversial technologies used to reflect sunlight back into space, primarily by sending reflective particles into the atmosphere or by brightening clouds.

Proponents argue that this can help in the fight against climate change, especially as planet-heating greenhouse gas emissions continue to climb. But small-scale experiments have triggered backlash over concerns that these technologies could do more harm than good. The European Commission asked its Group of Chief Scientific Advisors (GCSA) and European Group on Ethics in Science and New Technologies (EGE) to write up their opinions on solar geoengineering, which were published today alongside a report synthesizing what little we know about how these technologies might work.

There's "insufficient scientific evidence" to show that solar geoengineering can actually prevent climate change, says the opinion written by the GCSA. "Given the currently very high levels of scientific and technical uncertainty ... as well as the potential harmful uses, we advocate for a moratorium on all large-scale [solar geoengineering] experimentation and deployment," writes the EGE in the second highly anticipated opinion.
Open Source

Slashdot's Interview with Bruce Perens: How He Hopes to Help 'Post Open' Developers Get Paid (slashdot.org) 61

Bruce Perens, original co-founder of the Open Source Initiative, has responded to questions from Slashdot readers about a new alternative he's developing that hopefully helps "Post Open" developers get paid.

But first, "One of the things that's clear from the Slashdot patter is that people are not aware of what I've been doing, in general," Perens says. "So, let's start by filling that in..."

Read on for the rest of his wide-ranging answers....
The Internet

Is Europe Better Prepared to Protect Undersea Internet Cables? (carnegieendowment.org) 64

The Carnegie Endowment for Peace, a nonpartisan international affairs think tank, points out that when subsea internet cables were cut in November, Europe was more prepared: Where in the past there were no contingency plans for sabotage, there are now more maritime patrols, an attempt to forge deeper intelligence connections, and the beginnings of a new relationship with the private sector...

Even before the October 2023 incident, NATO, the EU, and certain European governments began to increase their efforts to boost subsea cable resilience and security. In February 2023, NATO stood up a new Critical Undersea Infrastructure Coordination Cell in Brussels to convene stakeholders and enhance coordination between the public and private sectors. In July 2023, NATO allies at the Vilnius Summit established a Maritime Center for the Security of Critical Undersea Infrastructure as part of the alliance's Maritime Command in Northwood, UK. In October 2023, after the first incident, NATO defense ministers endorsed a new Digital Ocean Vision, an initiative aimed at improving undersea surveillance. And in February 2024, the European Commission released its first "Recommendation on Secure and Resilient Submarine Cable Infrastructures," encouraging member states to conduct regular stress tests, improve information sharing amongst themselves, and improve cable maintenance and repair capabilities.

The article points out that the Chinese ship suspected in the 2023 cable cutting "ignored requests from Finnish and Estonian authorities to halt" and returned to China. But the Chinese ship suspected in November's cable-cutting "remains in international waters in the Kattegat, with naval and coast guard vessels from Denmark, Germany, and Sweden circling close by." Yet "Under international maritime law, these countries' authorities are not allowed to board..." Current provisions of international law are neither formulated to adequately protect subsea data cables from sabotage nor hold perpetrators accountable. This reality should lead the EU, as a body inherently focused on the resilience of international legal regimes, to push for updates that are better suited for the current geopolitical reality... Lawmakers should also explore ways to increase penalties for subsea cable damage, in part to deter acts of sabotage in the first place....

A forthcoming Carnegie Endowment report will detail more in-depth recommendations on how Europe can both protect itself against future subsea cable damage and help expand trusted networks around the world.

The article also notes that "Of the hundreds of disruptions to cables that occur each year, the vast majority are caused by accidental human activity, like fishing, or natural events, like earthquakes."
Open Source

Ask Bruce Perens Your Questions About How He Hopes to Get Open Source Developers Paid (postopen.org) 93

Bruce Perens wrote the original Open Source definition back in 1997, and then co-founded the Open Source Initiative with Eric Raymond in 1998. But after resigning from the group in 2020, Perens is now diligently developing an alternative he calls "Post Open" to "meet goals that Open Source fails at today" — even providing a way to pay developers for their work.

To make it all happen, he envisions software developers owning (and controlling) a not-for-profit corporation developing a body of software called "the Post Open Collection" and collecting its licensing fees to distribute among developers. The hope? To "make it possible for an individual developer to stay at home and code all day, and make their living that way without having to build a company."

The not-for-profit entity — besides actually enforcing its licensing — could also:
  • Provide tech support, servicing all Post-Open software through one entity.
  • Improve security by providing developers with cryptographic-hardware-backed authentication guaranteeing secure software chain-of-custody.
  • Handle onerous legal requirements like compliance with the EU Cyber Resilience Act "on behalf of all developers in the Post Open Collection".
  • Compensate documentation writers.
  • Fund lobbying on behalf of developers, along with advocacy for their software's privacy-preserving features.

"We've started to build the team," Perens said in a recent interview, announcing weeks ago that attorneys are already discussing the structure of the future organization and its proposed license.

But what do you think? Perens has agreed to answer questions from Slashdot readers...

He's also Slashdot reader #3,872. (And Perens is also an amateur radio operator, currently on the board of M17 — a community of open source developers and radio enthusiasts — and in general support of Open Source and Amateur Radio projects through his non-profit HamOpen.org.) But more importantly, Perens "was the person to announce 'Open Source' to the world," according to his official site. Now's your chance to ask him about his next new big idea...

Ask as many questions as you'd like, but please, one per comment. We'll pick the very best questions — and forward them on to Bruce Perens himself to answer!

UPDATE: Bruce Perens has answered your questions!


Earth

UN Plastic Treaty Talks Collapse Without a Deal (politico.eu) 67

United Nations members gathered this week in Busan, South Korea to negotiate the first treaty reducing plastic pollution. But Politico reports that "talks collapsed late Sunday after negotiators failed to resolve their differences and agree on a global plastic treaty. At the heart of the disagreement was a refusal by oil-rich nations led by Saudi Arabia to accept a deal that put limits on plastic production... Throughout the two years of talks, oil-rich and plastic-producing states had repeatedly clashed with nations that wanted to reduce plastic production to solve a worsening plastic pollution crisis. Many went to Busan hopeful differences would be put aside in the name of combatting a common global threat. But in the end this proved too optimistic...

The EU, alongside more than 100 other countries that included the U.K., on Thursday had backed a new proposal spearheaded by Panama pushing for a global target to reduce plastic production to "sustainable levels", drawing a clear battle line for the talks. But three negotiators from countries in the High Ambition Coalition to End Plastic Pollution — granted anonymity to discuss closed-door talks — told POLITICO Saudi Arabia had coordinated a push from oil-rich and plastic-producing countries to block any proposals for the treaty that threatened to reduce plastic production. The vast majority of plastic is made from oil or natural gas...

Along with disagreements over plastic production, countries were also unable to agree on whether and how to target particularly polluting plastic products, and how to finance the treaty. Two of the "high-ambition" negotiators referenced above suggested the talks were doomed to fail from the beginning, arguing that there was never going to be enough time given the scope of the mandate. "I think the pressure on us to deliver that in 18 months ... was kind of stupid then, and it's still stupid now," said one. "Usually these processes take a number of years — beyond what we are doing...." But many observers and some delegates said the summit's collapse demonstrated the failures of consensus-based environmental multilateralism, arguing that requiring all countries to agree by consensus gave reluctant nations too much veto power. NGOs like the Center for International Environmental Law hope this week's failed talks will serve as a lesson for future U.N. talks...

The date and time of the next round of talks is yet to be announced.

Greenpeace issued a statement saying "over 100 Member States, representing billions of people, rejected a toothless deal that would have accomplished nothing, and stood before the world committing to an ambitious treaty."

And they argued that the message is clear. "Ambitious countries must not allow the fossil fuel and petrochemical industries, backed by a small minority of countries, to prevent the will of the vast majority. A strong agreement that protects people and the planet is our only option."
Social Networks

Bluesky Passes Threads for Active Website Users, But Confronts 'Scammers and Impersonators' (engadget.com) 145

Bluesky (Slashdot is on Bluesky here and Threads here) now has more active website users than Threads in the U.S., according to a graph from the Financial Times. And though Threads still leads in app usage, "Prior to November 5 Threads had five times more daily active users in the U.S. than Bluesky... Now, Threads is only 1.5 times larger than its rival, Similarweb said."

But "the influx of new users has opened up new opportunities for scammers and impersonators," Engadget reported this week: A recent analysis by Alexios Mantzarlis, director of the Security Trust and Safety Initiative at Cornell Tech found that 44 percent of the top 100 most-followed accounts on Bluesky had at least one "doppelganger," with most looking like "cheap knock-offs of the bigger account, down to the same bio and profile picture," Mantzarlis wrote in his newsletter Faked Up.
The article highlighted issues with Bluesky's loose account verification policies. And then, Bluesky announced a new change-of-policy Friday. Engadget reports: The Bluesky Safety account said that the social media service is removing accounts that are impersonating other people and those squatting on handles... Bluesky now requires parody, satire or fan accounts to label themselves as such in both their handles and their bio. If they don't, or if they only indicate the nature of their account in one of those elements, then they'll be treated as an impersonator and will be removed from the platform. Bluesky now explicitly prohibits identity churning, as well. Accounts that start as impersonators with the purpose of gaining new users, and who then switch to a different identity in an attempt to circumvent the ban, will still get booted off the app. Finally, it says it's exploring "additional options to enhance account verification," though they're not quite ready for rollout.
Bluesky says they've "quadrupled the size of our moderation team, in part to action impersonation reports more quickly. We still have a large backlog of moderation reports due to the influx of new users as we shared previously, though we are making progress." And in addition, "We are working behind the scenes to help many organizations and high-profile individuals set up their verified domain handles."

And there's another problem. "The EU's executive arm on Monday said Bluesky didn't provide information it was required to share under the bloc's Digital Services Act," reports Bloomberg. Bluesky responded that it's working to comply, " consulting with its lawyer to follow the EU's information disclosure rules, a Bluesky spokesperson wrote on Tuesday in an email." "All platforms in the EU have to have a dedicated page on their websites where it says how many user numbers they have in the EU and where they are legally established," Thomas Regnier, the commission's spokesperson on digital matters, told reporters. "This is not the case with Bluesky, so this is not followed...."

Under the DSA, platforms with more than 45 million users in the bloc qualify as "very large online platforms" and need to follow stricter content moderation rules under the commission's supervision. Breaches can result in fines of up to 6% of their global annual sales... Smaller platforms are still required to comply with the law, but are regulated by the EU country where they have a legal presence. That's so far unclear in the case of Bluesky, which was created expressly to avoid a centralized ownership structure.

The commission asked EU member countries' national authorities to investigate "and see if they can find any trace of Bluesky" in their jurisdictions, Regnier said

Earth

Plastics Lobbyists Make Up Biggest Group at Vital UN Treaty Talks (theguardian.com) 34

Record numbers of plastic industry lobbyists are attending global talks that are the last chance to hammer out a treaty to cut plastic pollution around the world. From a report: The key issue at the conference will be whether caps on global plastic production will be included in the final UN treaty. Lobbyists and leading national producers are furiously arguing against any attempt to restrain the amount that can be produced, leaving the talks on a knife-edge.

New analysis by the Center for International Environmental Law (CIEL) shows 220 fossil fuel and chemical industry representatives -- more plastic producers than ever -- are represented at the UN talks in Busan, South Korea. Taken as a group, they would be the biggest delegation at the talks, with more plastic industry lobbyists than representatives from the EU and each of its member states, (191) or the host country, South Korea (140), according to the Centre for International Environmental Law. Their numbers overwhelm the 89 delegates from the Pacific small island developing states (PSIDs), countries that are among those suffering the most from plastic pollution.

Sixteen lobbyists from the plastics industry are at the talks as part of country delegations. China, the Dominican Republic, Egypt, Finland, Iran, Kazakhstan and Malaysia all have industry vested interests within their delegations, the analysis shows. The plastic producer representatives outnumber delegates from the Scientists' Coalition for an Effective Plastics Treaty by three to one. Approximately 460m tonnes of plastics are produced annually, and production is set to triple by 2060 under business-as-usual growth rates.

Google

Google To Test Maps Removal in EU Hotel Search Amid Antitrust Pressure (reuters.com) 33

Google announced additional modifications to its European search results on Tuesday, following complaints from smaller competitors about traffic losses and amid potential EU antitrust charges under new tech regulations. The changes come as Google attempts to comply with the Digital Markets Act, which prohibits tech giants from favoring their own services and after hotels, airlines, and small retailers reported a 30% decline in direct booking clicks following recent platform adjustments.

Google's legal director Oliver Bethell said the new proposals include expanded search units offering equal formatting between comparison sites and supplier websites, along with new formats for competitors to display prices and images. The company will also test removing hotel map displays in Germany, Belgium, and Estonia. The Alphabet unit faces possible enforcement action from the European Commission, which began investigating potential DMA violations in March. Companies found breaching the regulations could face fines of up to 10% of their annual global revenue.
EU

Privately-Funded EU Company Raises $160M for SpaceX Dragon-Like Reusable Space Capsule (techcrunch.com) 44

Nyx is a new reusable space capsule that "safely and affordably carries cargo to and from space stations," according to the web page of its European-based manufacturer, The Exploration Company, "launching from any heavy launcher worldwide."

And the company "just closed a large funding round to further its mission of building Europe's first reusable space capsule," reports TechCrunch — pointing out that right now, "Only two companies currently provide cargo delivery to and from the International Space Station, and both are based in the United States." The $160 million Series B round will fund the continued development of the Nyx spacecraft, which will be capable of carrying 3,000 kilograms of cargo to and from Earth. The company, which was founded three years ago by aerospace engineers Hélène Huby, Sebastien Reichstat, and Pierre Vine, is aiming to conduct Nyx's maiden flight to and from the International Space Station in 2028.

"We are the first company in the world where this is for the first time mainly funded by private investors," Huby said in a recent interview. This is in contrast to SpaceX's Dragon capsule, which she said was "mainly funded by NASA." The new funding, which was led by Balderton Capital and Plural, brings the startup's total funding to date to over $208 million. The Series B also included participation from Bessemer Venture Partners, NGP Capital, and two sovereign European funds, French Tech Souveraineté and DeepTech & Climate Fonds. "We've been able to deliver on promises in the past three years," Huby said. "We've been able to meet our cash target ever quarter ... The investors, they could see that we basically can deliver on time, on cost, on quality."

The startup has made traction with the European Space Agency, which has recognized the need to foster native space launch and transportation capabilities... It's a promising start, but equally promising is the traction The Exploration Company is seeing on the commercial side. Around 90% of the startup's $770 million contract backlog has come from private station developers Vast, Axiom Space, and Starlab, according to recent reporting...

The second sub-scale demonstrator mission, called Mission Possible, is scheduled to launch on a SpaceX Falcon 9 next year.

TechCrunch quotes Huby as saying "I highly respect what SpaceX has been able to achieve.We are trying to learn as much as possible from that, we are inspired by what they have achieved."

In a CNBC interview, Huby says "It's a big market, and it's growing about a bit more than 10% per year because more nations want to fly their astronauts and more nations want to go to the moon. So there is an increased demand for sending people to stations, sending cargo to stations."

"Join us on our mission to democratize access to space," says a home-page link to the company's recruiting page — with a link further down titled "Book a mission."

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