The Edge
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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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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First Astranis internet satellite working ‘perfectly’ as company readies to bring coverage to Alaska
The Arcturus satellite is seen in route to geosynchronous orbit. Astranis Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, has its first spacecraft in orbit and the company on Wednesday said it’s working “perfectly.” “We have a new way of connecting people in some of the most remote […]
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Virgin Orbit shuts down right after individual bankruptcy product sales
The modified Boeing 747 aircraft, named “Cosmic Woman”, will take off from Spaceport Cornwall in southwest England. Hugh Hastings / Stringer / Getty Photographs Bankrupt rocket enterprise Virgin Orbit is shutting down soon after providing its facility leases and devices to a trio of aerospace businesses in an auction, the enterprise verified on Tuesday. “As […]
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SpaceX set to join FAA to fight environmental lawsuit that could delay Starship work
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX Elon Musk’s SpaceX is set to join the Federal Aviation Administration as a co-defendant to fight a lawsuit brought by environmental groups following the company’s first test flight of Starship, the world’s […]
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SpaceX delivers private Axiom crew to the space station, carrying Saudi astronauts
SpaceX’s Crew Dragon capsule “Freedom” is seen docked with the International Space Station on May 22, 2023. SpaceX SpaceX delivered another quartet of astronauts to the International Space Station on Monday morning, on a private flight that included government astronauts from Saudi Arabia as the Arab kingdom leverages U.S. companies to expands its ambitions in […]
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