Space industry

SpaceX SVP Tom Ochinero is leaving the firm in a rare superior-amount departure
World

SpaceX SVP Tom Ochinero is leaving the firm in a rare superior-amount departure

A SpaceX Falcon Large rocket, carrying the Arabsat 6A communications satellite, lifts off from the Kennedy Place Center in Cape Canaveral, Florida, April 11, 2019. Thom Baur | Reuters One particular of SpaceX’s senior executives is leaving, CNBC has figured out, in a exceptional high-stage departure from Elon Musk’s place organization. Tom Ochinero, SpaceX senior […]

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Lunar company Intuitive Machines' stock surges 50% to trade above SPAC debut price
Business

Lunar company Intuitive Machines' stock surges 50% to trade above SPAC debut price

The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to […]

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Disney star turned space CEO: Bridgit Mendler launches satellite data startup backed by major VCs
Business

Disney star turned space CEO: Bridgit Mendler launches satellite data startup backed by major VCs

Actress and singer Bridgit Mendler attends NBCUniversal’s after party for the 72nd annual Golden Globes Awards at The Beverly Hilton hotel in Beverly Hills, California, on Jan. 11, 2015. Paul Archuleta | Filmmagic | Getty Images Bridgit Mendler is no stranger to reaching millions of people — now she wants to change how satellite data […]

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Intuitive Machines stock jumps 16% after company says moon mission is in 'excellent health'
Business

Intuitive Machines stock jumps 16% after company says moon mission is in 'excellent health'

Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is in excellent health.” The Texas-based lunar company launched its inaugural […]

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Intuitive Machines stock spikes as lunar company's first moon mission begins
Business

Intuitive Machines stock spikes as lunar company's first moon mission begins

A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Shares of Intuitive Machines spiked in early trading on Thursday, as the space company […]

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Moon company Intuitive Machines begins first mission after SpaceX launch
Business

Moon company Intuitive Machines begins first mission after SpaceX launch

A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Texas-based Intuitive Machines’ inaugural moon mission began early Thursday morning, heading toward what could […]

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SpaceX information to transfer incorporation web page from Delaware to Texas
Technology

SpaceX information to transfer incorporation web page from Delaware to Texas

A SpaceX Falcon 9 rocket lifts off on the USSF-124 mission for the U.S. Place Power and Missile Defense Agency in Cape Canaveral, Florida, U.S., February 14, 2024.  Joe Skipper | Reuters SpaceX has submitted to improve its incorporation place to Texas from Delaware, in accordance to community filings with the Texas Secretary of Point […]

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After 8 months stuck in orbit, Varda's drug spacecraft gets FAA approval to return
Business

After 8 months stuck in orbit, Varda's drug spacecraft gets FAA approval to return

Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has been stuck in orbit since […]

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How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise  million
Business

How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise $37 million

A Skylo base station in assembly. Skylo Technologies Silicon Valley space startup Skylo Technologies landed funding from the corporate venture arms of Intel, BMW and Samsung, as the company aims to bridge the gap between satellite and terrestrial communications. Skylo raised $37 million through an equity round, the company told CNBC, that was led by Intel […]

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K2 Space, a startup with SpaceX veterans building monster satellites, raises  million
Business

K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million

K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market.  Nearly two years since founding, K2 co-founders and […]

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