Space industry
Lunar tech company Intuitive Machines to go public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a SPAC, in a deal that values the venture at about $1 billion. The merger with special purpose acquisition company Inflection Point is expected […]
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Frontier Airlines recently held talks with SpaceX about adding Starlink Wi-Fi
A Frontier Airlines airplane taxis to a gate at Denver International Airport in Denver, Colorado, U.S., on Monday, Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Frontier Airlines “recently” held discussions with SpaceX about adding its Starlink satellite internet service to its planes and is more hopeful about adding such a product than […]
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Northrop Grumman exec says SpaceX’s Starship rocket has ‘awesome’ potential but ‘not there yet’
Starship prototype #24 conducts a test firing of six of its Raptor engines at the company’s facility near Brownsville, Texas on Sept. 8, 2022. SpaceX PARIS — The leader of a Northrop Grumman subsidiary that’s working with Elon Musk’s SpaceX sees exciting potential in the private space venture’s massive Starship rockets, but warned the industry […]
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How satellite broadband company SES wants to distinguish itself from rivals like SpaceX’s Starlink
PARIS — European satellite broadband operator SES wants to distinguish its services from the likes of industry challengers in SpaceX’s Starlink and Amazon’s Kuiper, as the company looks to reinforce its market position. SES CEO Steve Collar, speaking to CNBC at the annual World Satellite Business Week conference, said his company’s services, supported by satellites […]
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Uncrewed launch from Bezos’ Blue Origin suffers midflight anomaly, but cargo capsule is securely aborted
Blue Origin’s rocket New Shepard blasts off carrying Star Trek actor William Shatner, 90, on billionaire Jeff Bezos’s firm’s next suborbital tourism flight as element of a four-individual crew close to Van Horn, Texas, U.S., October 13, 2021. Mike Blake | Reuters Jeff Bezos’ rocket corporation endured its initially launch failure Monday. No one was […]
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Space companies put up a mixed second quarter. Here’s who outperformed and who faltered
The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab The second quarter was a mixed bag for space companies, with some firms posting steady progress while others faced setbacks. Most space stocks, many of which went public last year through SPAC deals, are struggling despite […]
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NASA working to repair fuel leak on moon rocket and plans to launch Artemis mission later this month
NASA’s Artemis I rocket sits on launch pad 39-B at Kennedy Space Center on September 02, 2022 in Cape Canaveral, Florida. Kevin Dietsch | Getty Images NASA said Thursday that it is working to fix the issues that delayed the launch of its Artemis I moon rocket last week, and that it hopes to make […]
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NASA delays Artemis moon mission after second launch attempt halted due to fuel leak
NASA is postponing its Artemis I moon mission again, after making a second attempt to get the launch off the ground on Saturday. The space agency is working toward the debut of its Space Launch System (SLS) rocket and Orion capsule, for what would be a more than month-long journey around the moon. As NASA […]
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Former NASA administrator joins board of spacecraft propulsion startup Phase Four
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Jim Bridenstine joined the board of directors of spacecraft propulsion startup Phase Four, the company told CNBC. The move sees the former NASA chief throw his experience […]
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NASA taps SpaceX for 5 a lot more astronaut missions, worthy of $1.4 billion in contracts
The SpaceX Falcon 9 rocket, carrying astronauts Doug Hurley and Bob Behnken in the Crew Dragon capsule, lifts off from Kennedy Space Middle, Fla., on Saturday, May well 30, 2020. The SpaceX Demo-2 mission is the initial crewed start of an orbital spaceflight from the U.S. in practically a 10 years. Joe Burbank | Orlando […]
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