Magnitude Space becomes Hiber

Almost sixty years after the moon landing, the word ‘space’ still breathes futurism, innovation and pushing boundaries. But in the business community, ‘space’ also stands for high risk, high cost, and high energy consumption. This is one of the reasons that incubatee Magnitude Space recently rebranded and chose the new name Hiber. As CEO Ernst Peter Hovinga said in Satellite Today: “Hiber is no longer a ‘space’ company. We are an ‘Earth’ company.”