The Edge
U.S. export credit agency is working through $5 billion pipeline of space financing, vice chair says
A Falcon Heavy rocket launches the Viasat-3 “Americas” satellite on May 1, 2023. SpaceX PARIS – The U.S. export credit agency is working through a $5 billion pipeline of applications related to the space industry, as companies look to fund projects in orbit in a tighter capital market. The Export-Import Bank of the United States, […]
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Bezos snubbed Musk’s SpaceX for huge satellite launch contract, Amazon shareholder says
Elon Musk, founder of SpaceX, left, and Amazon and Blue Origin founder Jeff Bezos. Getty Images An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos’ personal rivalry with Elon Musk, who has taunted his fellow billionaire’s space ambitions for years. Cleveland Bakers and Teamsters Pension Fund, […]
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SpaceX launches Crew-7 mission, the firm’s 11th carrying astronauts
SpaceX’s Falcon 9 rocket with the company’s Crew Dragon spacecraft on prime is viewed following sunset at Launch Advanced 39A ahead of the start of the Crew-7 mission. Joel Kowsky / NASA SpaceX introduced four folks to the International Area Station from Florida as Elon Musk’s company starts its 11th human spaceflight mission to date. Recognized as […]
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Viasat reviews 2nd satellite malfunction in a make any difference of months
An artist’s rendering of an I6 satellite in orbit. Inmarsat A 2nd Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently obtained U.K.-primarily based Inmarsat, the organization claimed on Thursday. The I6 F2 satellite, which Inmarsat released in February, suffered a failure with its energy system though climbing in orbit to […]
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India’s moon landing made history at a low cost
The shadow of the Chandrayaan-3 spacecraft is seen on the moon’s surface. ISRO The list is grim reading: Stuck, failed, missed, failed, failed, stuck, failed, crashed, missed, crashed, crashed. Those were the fate of the Soviet Union’s first 11 attempts before successfully landing a spacecraft on the moon, according to a database compiled by Jonathan […]
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Pentagon space arm awards $1.5 billion contract to Lockheed Martin and Northrop Grumman for communications satellites
An artist illustration shows the functions of SDA’s satellite constellation. Space Development Agency The Pentagon’s Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman for prototype communications satellites. SDA said the 72 satellites will be for the “Beta” variant of its Tranche 2 Transport Layer constellation, a network […]
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Axiom Space raises $350 million from Saudi and Korean investors
Chief Engineer Jim Stein wears the new spacesuit during the Axiom Space Artemis III Lunar Spacesuit event at Space Center Houston in Houston, Texas, on March 15, 2023. – “Since a spacesuit worn on the Moon must be white to reflect heat and protect astronauts from extreme high temperatures, a cover layer is currently being […]
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Redwire and Sierra team up to make drugs in space on inflatable habitat’s first mission
An ADSEP with blue PIL-BOXs, hardware which will be delivered to Sierra Space for the LIFE habitat pathfinder mission. Redwire Space infrastructure company Redwire is putting a biotech technology testbed on Sierra Space’s first mission with its inflatable space habitat, establishing a new partnership between the two companies to make drugs in orbit. “It’s an […]
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UK defense contractor BAE buying Ball’s aerospace division for $5.6 billion
The Ball Aerospace-manufactured Weather System Follow-on-Microwave (WSF-M) satellite for the U.S. Space Force. Ball Corporation Ball Corporation agreed to sell its aerospace division to U.K. defense contractor BAE Systems for $5.6 billion in cash, the companies announced on Thursday. The deal is expected to close in the first half of next year, pending regulatory approval. […]
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Telesat stock surges 50% after satellite internet company swaps suppliers to save $2 billion
A rendering of Telesat’s low earth orbit broadband constellation Telesat Shares of Canadian telecommunications satellite operator Telesat surged on Friday after the company announced it would swap suppliers for its planned Lightspeed global internet network. Canadian space company MDA will now build the Lightspeed satellites, taking the place of French-Italian manufacturer Thales Alenia Space and […]
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