The Edge
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 $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 $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
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
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
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
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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Intuitive Machines stock has surged 300%. How Wall Street reads the moon-fueled rally
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 Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and with its IM-1 mission on the […]
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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
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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