The Edge
Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch
Virgin Orbit flew its modified Boeing 747 airplane “Cosmic Girl” with the company’s LauncherOne rocket under its wing for the first time on November 18, 2018. Virgin Orbit Virgin Orbit is returning a “small” team to work on Thursday, according to a company-wide email obtained by CNBC, as it aims to prepare for its next […]
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Satellite maker Terran Orbital sees annual revenue climb near $100 million
Terran Orbital, a specialist in manufacturing small satellites, reported fourth-quarter results on Tuesday, with annual revenue nearing $100 million as it continued to build its order backlog. For the full year of 2022, Terran Orbital brought in $94.2 million in revenue – more than double its 2021 total. related investing news The Irvine, California-based company […]
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Virgin Orbit scrambles to avoid bankruptcy as deal talks continue
Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Virgin Orbit is scrambling to secure a funding lifeline and avoid bankruptcy, which could come as early as this week without a deal, CNBC has learned. The rocket builder paused operations last week and furloughed most of the company, as […]
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Astra outlines its plan to avoid Nasdaq delisting, including possible reverse stock split
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight Spacecraft engine manufacturer and small rocket builder Astra on Thursday outlined a plan to avoid having its stock delisted from the Nasdaq. With an exchange-imposed deadline of April 4 drawing near – and Astra’s […]
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Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding
Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake | Reuters Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as […]
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Axiom unveils spacesuits for NASA’s upcoming Artemis moon missions
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 used […]
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Amazon gives a first look at the satellite internet antennas for its Project Kuiper network
The company’s “standard” customer terminal, the middle of the trio of Project Kuiper satellite antennas at under 11 inches square and weighing under five pounds. Amazon WASHINGTON — Amazon revealed a trio of satellite antennas on Tuesday, as the company prepares to take on SpaceX’s Starlink with its own Project Kuiper internet network. The tech […]
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SpaceX says it will test Starlink’s satellite-to-cell service with T-Mobile this year
Sopa Images | Lightrocket | Getty Images WASHINGTON — SpaceX plans to begin testing its Starlink satellite-to-cell service with T-Mobile this year, an executive of Elon Musk’s company said on Monday. “We’re going to learn a lot by doing — not necessarily by overanalyzing — and getting out there,” Jonathan Hofeller, SpaceX vice president of […]
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Watch Relativity try the initial launch of its 3D-printed rocket Terran 1
3D-printing professional Relativity Room is attempting its initial rocket launch on Saturday, a mission that marks the most major exam but of the firm’s bold production method. The company’s Terran 1 rocket is launching from LC-16, a launchpad at the U.S. House Force’s facility in Cape Canaveral, Florida. The mission is referred to as “Fantastic […]
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Meet the brothers building massive spacecraft to leverage SpaceX’s Starship
Cofounders and brothers Karan Kunjur, left, and Neel Kunjur. K2 Space A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive satellites in a bet that towering rockets such as SpaceX’s Starship are the way forward. Los Angeles-based startup K2 Space, co-founded by […]
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