Space industry

Astra investigating ‘potential illegal short selling’ as delisting deadline looms
Business

Astra investigating ‘potential illegal short selling’ as delisting deadline looms

Astra CEO Chris Kemp speaks inside the company’s headquarters during the company’s “Spacetech Day” on May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and small rocket builder Astra announced on Friday that the company is investigating “potential illegal short selling” among shareholders of its common stock. The company said it hired financial software […]

Read More
Biden wishes much more revenue for the FAA just after air travel disruptions
Travel

Biden wishes much more revenue for the FAA just after air travel disruptions

An American Airlines Airbus A319 airplane usually takes off past the air traffic manage tower at Ronald Reagan Washington Countrywide Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Photographs The Biden administration is seeking extra funding for the Federal Aviation Administration, cash that aim to strengthen selecting of air targeted […]

Read More
Biden budget seeks .2 billion for NASA, with increases for moon and Mars programs
Business

Biden budget seeks $27.2 billion for NASA, with increases for moon and Mars programs

Vice President Kamala Harris meets with NASA astronauts Shannon Walker and Joe Acaba at Kennedy Space Center in Florida during a tour on Aug. 29, 2022. Bill Ingalls / NASA President Joe Biden is seeking to increase the budget for the National Aeronautics and Space Administration to $27.2 billion next year, according to a proposed […]

Read More
Watch Relativity attempt the first launch of its 3D-printed rocket Terran 1
Business

Watch Relativity attempt the first launch of its 3D-printed rocket Terran 1

[The company’s livestream is slated to begin at noon ET. Please refresh the page if you do not see the video player above.] 3D-printing specialist Relativity Space is attempting its first rocket launch on Wednesday, a mission that marks the most significant test yet of the company’s ambitious manufacturing approach. The company’s Terran 1 rocket […]

Read More
Satellite imagery company BlackSky sees quarterly losses slow as it adds another military contract
Business

Satellite imagery company BlackSky sees quarterly losses slow as it adds another military contract

BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses and securing an additional military contract. “2022 was a foundational year for BlackSky,” CEO Brian O’Toole said in a statement, adding that “this high level of execution has […]

Read More
Japan’s new rocket fails following motor situation, in blow to room ambitions
World

Japan’s new rocket fails following motor situation, in blow to room ambitions

Website visitors check out the start of the Japanese upcoming technology “H3” rocket at the Tanegashima Area Heart in Kagoshima, southwestern Japan on March 7, 2023. STR | AFP | Getty Visuals Japan’s new medium-lift rocket unsuccessful on its debut flight in place on Tuesday immediately after the launcher’s 2nd-phase motor did not ignite as […]

Read More
SpaceX launches Crew-6 mission for NASA, sending four more astronauts to the space station
Business

SpaceX launches Crew-6 mission for NASA, sending four more astronauts to the space station

A long-exposure photograph shows SpaceX’s Falcon 9 rocket carrying the Crew-6 mission in the company’s Joel Kowsky / NASA SpaceX launched four people to the International Space Station from Florida as Elon Musk’s company begins the final of the original six missions awarded by NASA. Known as Crew-6, the mission for NASA will bring the […]

Read More
Rocket Lab quarterly revenue stays steady as space company doubles order backlog
Business

Rocket Lab quarterly revenue stays steady as space company doubles order backlog

Electron rockets undergo preparation for launch. Rocket Lab Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the end of 2022 — and made progress on the Neutron rocket it’s developing. The space company also reported fourth-quarter revenue […]

Read More
Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights
Business

Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights

An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic said on Tuesday it remains on track to resume spaceflights in the coming months after completing upgrades to its carrier aircraft and spacecraft. The update came alongside the […]

Read More
SpaceX begins launching second-generation Starlink satellites with four times the network capacity
Business

SpaceX begins launching second-generation Starlink satellites with four times the network capacity

A Falcon 9 rocket launches a Starlink mission from Florida on Feb. 27, 2023. SpaceX Elon Musk’s SpaceX has launched the first batch of its next-generation Starlink internet satellites as the company upgrades and further builds out its orbiting network. A Falcon 9 rocket carried 21 of the satellites, known as “V2 Mini” satellites, into […]

Read More