Aerospace and defense industry
SpaceX launches Crew-5 mission for NASA, carrying astronauts to space station
The Crew-5 mission launches on Oct. 5, 2022. NASA TV SpaceX launched four people to the International Space Station from Florida on Wednesday, as Elon Musk’s company keeps up a steady pace of crewed missions. Known as Crew-5, the mission for NASA will bring the group up to the ISS for a six-month stay in […]
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Spacecraft builder York sells stake to private equity firm AEI at over $1 billion valuation
One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion, CNBC has learned. The deal, announced on Tuesday, makes York the latest space unicorn — a company valued at […]
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Air cargo rates slump but some companies see long-term strength
The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don’t think it’s going to give back share to other forms of transportation,” Boeing CEO Dave Calhoun told reporters at an industry conference […]
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Firefly’s successful rocket launch over the weekend helps fill a big gap in the market, CEO says
The view from the upper stage of the Alpha rocket after reaching orbit on Oct. 1, 2022. Firefly Aerospace Private venture Firefly Aerospace reached orbit with its Alpha rocket for the first time on Saturday, a milestone in the company’s development that sees it join an increasingly competitive U.S. launch market. Firefly is the fifth […]
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NASA is working with SpaceX to explore a private mission to extend the life of the Hubble telescope
This 1990 photograph shows the Hubble Space Telescope being deployed from the space shuttle Discovery on mission STS-31. Source: NASA SpaceX and billionaire astronaut Jared Isaacman are teaming up with the National Aeronautics and Space Administration to study whether a private mission could extend the life of the famed Hubble telescope. NASA signed an agreement […]
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Summer’s about, but the European vacation year is not
This photograph taken on August 7, 2018, displays an American Airways Airbus A330-243 plane on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. Joel Saget | AFP | Getty Illustrations or photos Airline executives say need for flights to Europe from the U.S. has remained resilient into the tumble, perfectly past the regular […]
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Cathie Wood’s Ark is buying stock in space SPAC Rocket Lab
A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Cathie Wood’s Ark Invest is dipping back into a space SPAC, with two of the firm’s funds buying up stock in Rocket […]
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A person-way economic climate flights from Moscow to Dubai are just about $5,000 as Russians flee mobilization contact
The airline field has been hamstrung by a ideal storm of worries about latest months, from labor shortages and supply disruptions to growing gas selling prices. Sopa Photos | Lightrocket | Getty Illustrations or photos DUBAI, United Arab Emirates — Just one-way economy flights from Moscow to Dubai are going for as a lot as […]
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The U.S. and Europe are jogging out of weapons to mail to Ukraine
Ukrainian servicemen fireplace an M777 howitzer, Kharkiv Region, northeastern Ukraine. This picture are not able to be dispersed in the Russian Federation. Vyacheslav Madiyevskyy | Future Publishing | Getty Images In the U.S. weapons business, the typical generation degree for artillery rounds for the 155 millimeter howitzer — a lengthy-variety major artillery weapon at present […]
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Artemis moon mission probable delayed to November as NASA moves rocket out of hurricane’s route
NASA’s huge Artemis 1 moon rocket is rolled again to the Vehicle Assembly Setting up off its lauchpad, after suspending the a great deal-anticipated mission a third time owing to the arrival of Hurricane Ian and other specialized challenges, in Cape Canaveral, Florida, U.S. September 27, 2022. Michael Weekes Jr | Reuters NASA’s extensive-awaited return […]
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