Business

Lockheed’s Mid-Size Bus Set to Fly This Year

Image: Lockheed Martin

COLORADO SPRINGS, CO—Lockheed Martin is preparing to launch its medium-sized LM 400 bus before the end of the year in preparation for a few classified opportunities coming down the pipeline, Lockheed Space President Robert Lightfoot told a small group of reporters at Space Symposium.

Why LM 400? The company has a number of tech demos waiting for their time to fly, Lightfoot said. LM 400 is up next to allow the company to test and prove the bus in orbit ahead of at least three classified opportunities for which the bus could be a good fit, he said.

“I want to prove the concept of the LM 400 bus so that when I get a potential opportunity, which really the mission is more about the payload, the bus part is kind of behind me,” Lightfoot said Tuesday. “We believe when we look at some of the opportunities coming up, that that sized bus…is kind of a sweet spot.”

The bus, which initially was supposed to launch on a demo in early 2023, has a mass of 1,000 kg and is about the size of a refrigerator. 

To the skies: These sorts of tech demos are only possible because of the plummeting cost of launch, Lightfoot acknowledged when asked about his thoughts on capacity within the launch market. 

“I can go buy a launch. Ten years ago, I couldn’t have done that on my own,” he said. “Now, I can go to Firefly, I can go to ABL, I can go to Rocket Lab…. So there’s lots of opportunities I didn’t have before in my toolbox.” 

Sharing the wealth: Last week, NASA awarded a contract for a lunar terrain vehicle where Lockheed is contributing to a Lunar Outpost-led effort that also includes General Motors, Goodyear, and MDA Space. Lightfoot said he’s comfortable with Lockheed not always being the prime on a program, though he acknowledged it’s a cultural shift for the company.

“Sometimes the government will ask for a large investment, and some of these folks have better capability to go get those investments than we do as a publicly traded company,” he said. 

Related Stories
BusinessGEOStartups

Space Leasing International Enters the GEO Market

When thinking about operating a satellite in GEO, is it better to rent or buy?

BusinessEuropeStartups

Forbes Space Wants to Bring Ad Revenue to Space

Not all the money made in space is made in space.

BusinessEO

BlackSky Beams Gen-3 Images Home at Record Speed

Less than 24 hours after launch, BlackSky’s ($BKSY) latest Gen-3 imaging sat had deployed, captured very high-resolution images from orbit, and sent those images home for delivery into a customer’s hands.

BusinessTechnology

Redwire Wins $44M DARPA Contract for VLEO Demo

The contract will see Redwire manufacture and deliver a VLEO satellite with air breathing electric propulsion (ABEP) technology.