Space industry

Japan&#x27s House One particular Kairos rocket explodes on inaugural flight
World

Japan&#x27s House One particular Kairos rocket explodes on inaugural flight

Smoke rises just after Japan’s House One’s tiny, sound-fueled Kairos rocket exploded shortly soon after its inaugural launch at Space One’s launching pad on the idea of Kii peninsula in Kushimoto city, Wakayama prefecture, Japan on March 13, 2024. Kyodo News | Reuters Japan’s House One’s smaller, reliable-fueled Kairos rocket exploded soon immediately after start […]

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Spacecraft maker Terran Orbital &#x27wanting at anything,&#x27 CEO claims right after Lockheed Martin takeover bid
World

Spacecraft maker Terran Orbital &#x27wanting at anything,&#x27 CEO claims right after Lockheed Martin takeover bid

Satellite manufacturer Terran Orbital is “hunting at anything” relating to the firm’s potential, CEO Marc Bell explained to CNBC, as it considers Lockheed Martin’s acquisition supply. “We uncovered out about [Lockheed’s takeover bid] when the rest of the environment discovered out about it,” Bell said on CNBC’s “Manifest House” podcast. Lockheed’s proposal submitted previous week […]

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Space company Astra going private to avoid bankruptcy after dismal public run
Business

Space company Astra going private to avoid bankruptcy after dismal public run

Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. Astra co-founders Chris Kemp and Adam London – CEO and CTO, respectively – signed an agreement with the company’s board to acquire all outstanding common stock […]

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Lockheed Martin looks to acquire spacecraft maker Terran Orbital for nearly 0 million
Business

Lockheed Martin looks to acquire spacecraft maker Terran Orbital for nearly $600 million

Terran Orbital’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Lockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing on Friday. The nonbinding proposal would see Lockheed acquire Terran Orbital’s outstanding common stock at $1 a share in cash, as […]

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NASA shuts down  billion satellite refueling project after Maxar is cited for poor performance
Business

NASA shuts down $2 billion satellite refueling project after Maxar is cited for poor performance

A “grapple test” of the spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced on Friday, after the agency’s auditor criticized the program’s lead contractor Maxar for poor performance. The space agency said in a statement that the OSAM-1, or “On-orbit Servicing, Assembly, […]

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Rocket Lab says contract backlog tops  billion, outlines Neutron progress toward first launch
Business

Rocket Lab says contract backlog tops $1 billion, outlines Neutron progress toward first launch

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab is making steady progress on development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion. The space company reported a net loss of $50.5 million, […]

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FAA closes Starship investigation as SpaceX seeks license for next launch
Business

FAA closes Starship investigation as SpaceX seeks license for next launch

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Nov. 18, 2023. Joe Skipper | Reuters The Federal Aviation Administration on Monday announced the close of its investigation alongside SpaceX into the second Starship flight, as Elon […]

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Lunar landing photos: Intuitive Machines' Odysseus sends back first images from the moon
Business

Lunar landing photos: Intuitive Machines' Odysseus sends back first images from the moon

Intuitive Machines CEO Steve Altemus explains how the company’s IM-1 lander tipped over on the moon’s surfacing during a NASA press conference on Feb. 22, 2023. NASA TV Intuitive Machines’ cargo lander, Odysseus, returned its first images from the moon’s surface over the weekend, as the spacecraft settles in to its lunar destination. The company’s […]

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Intuitive Machines jumps in wild trading after moon landing
Business

Intuitive Machines jumps in wild trading after moon landing

Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines jumped in early trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday – as well as […]

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Watch Intuitive Machines attempt the first U.S. moon landing in over 50 years
Business

Watch Intuitive Machines attempt the first U.S. moon landing in over 50 years

The livestream above is slated to begin at 5 p.m. ET. Please refresh the page if you don’t see a player at that time. Lunar company Intuitive Machines is going for history on Thursday as it attempts to reach the moon’s surface in what would be the first American lunar landing since the Apollo era. […]

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