Space industry
Virgin Galactic to launch business room tourism support with late June flight
Spacecraft VSS Unity fires its engine through the Unity 25 spaceflight, Could 25, 2023. Virgin Galactic Virgin Galactic aims to start its commercial space tourism assistance in late June. The enterprise on Thursday mentioned the flight, referred to as Galactic 01, is targeting a start window that opens June 27 and operates to June 30. […]
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Layoffs hit Colorado space companies as funding remains tight
The company test fires one of its Ripley rocket engines in Colorado. Ursa Major A pair of Colorado space companies laid off employees this past week, seeking to adapt to the new normal of a tight funding environment. The layoffs came at Ursa Major, which makes rocket engines, and Orbit Fab, a startup aiming to […]
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Planet stock drops after satellite imagery and data venture lowers annual revenue guidance
A satellite image captured on June 6, 2023 by a SkySat shows the breached Kakhovka dam in Ukraine. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance after it reported first-quarter results on Thursday. The company lowered its guidance for its current fiscal year 2024 revenue to a […]
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Boeing sued for allegedly stealing IP, counterfeiting tools used on NASA projects
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA Wilson Aerospace, a small family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property over the last two decades. The company’s lawsuit centers around multiple custom-designed tools that Wilson says it created […]
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Boeing indefinitely delays Starliner astronaut mission for NASA after discovering more issues
Boeing employees work on the company’s Starliner capsule on Jan. 19, 2023, in preparation for the first crew flight test. John Grant / Boeing Boeing is further delaying the first crewed launch of its Starliner spacecraft after discovering additional issues with the capsule, the company announced alongside NASA on Thursday. The Starliner crew flight test […]
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Pentagon awards SpaceX with Ukraine contract for Starlink satellite world-wide-web
Ukrainian forces set up Starlink satellite receivers to deliver relationship for civilians at Independence Square immediately after the withdrawal of the Russian army from Kherson to the eastern lender of Dnieper River, Ukraine on November 13, 2022. Metin Atkas | Anadolu Company | Getty Pictures WASHINGTON — The Pentagon said Thursday it has agreed to order Starlink […]
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China launches crewed mission to its place station
The Shenzhou 16 spacecraft and its carrier rocket carry off from Jiuquan Satellite Start Middle on May perhaps 30, 2023 in Jiuquan, China. Kevin Frayer | Getty Visuals China launched its Shenzhou-16 spacecraft crewed by three astronauts on Tuesday, the China Manned House Agency mentioned in a statement, declaring the start a “total results.” The […]
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Virgin Galactic completes Unity 25 spaceflight in key final test before commercial service
Virgin Galactic launched its first spaceflight in nearly two years on Thursday, a key final test for the space-tourism company before it begins flying commercial passengers. “WE HAVE REACHED SPACE!” Virgin Galactic tweeted, adding roughly 11 minutes later that the spacecraft landed smoothly. related investing news Still, Virgin Galactic stock dropped about 8% on Thursday, […]
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NRO director says business area marketplace can help fuel the spy satellite agency’s formidable goals
The U.S. Countrywide Reconnaissance Business office options to quadruple the range of satellites on orbit around the up coming 10 years. It will need business area organizations to assistance do it. The spy agency’s achievements toward that intention will include “a mix of our partnerships with marketplace, the development of technological know-how, and the coincident reduction in […]
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