NASA OIG Uncovers More Cost, Schedule Overruns for ML-2
What was originally a $383M contract to be finished by 2023 has ballooned into potentially $2.7B construction that won’t see completion until 2029.
What was originally a $383M contract to be finished by 2023 has ballooned into potentially $2.7B construction that won’t see completion until 2029.
The new company will make the nation’s biggest foray into commercial space yet, with plans to ramp production to 50 500-kg satellites per year. Orbitworks plans to secure a facility and have its first satellite in the facility ready to integrate payloads as early as 2025.
Outpost won a $36M in recent contracts from the US military to develop its technology for hypersonic testing, reentry missions, and on orbit cargo storage.
Auriga Space wants to take the rocket science out of launch. Their eventual goal is to provide rapid launch capabilities using tech more akin to high speed maglev trains than rocket engines.
The two contracts are vital to the US military’s mission of greater resilience in space. But they also help fund TrustPoint’s commercial ambitions.
Lunar Outpost is teaming up with oil giant Castrol on its Lunar Voyage 1 mission, which aims to put the first robotic rover on the Moon’s south pole.
NASA and CSA joined together to address this problem with The Deep Space Food Challenge, a competition that’s tapped industry to put forward novel ideas and new technologies to keep astronauts fed on extended journeys to the Moon, Mars, and beyond.
EnduroSat has five offices across Europe, but 60% of the company’s revenue already comes from the US. The new office in downtown Denver will help them grow their customer base in the country.
The size of this year’s conference meant that the press wires were a fire hose of companies unveiling innovative technologies, new partnerships, and additional funding streams.
The company posted it’s highest ever quarterly revenue, and announced the successful hot fire test of its Archimedes engine, which opens the door for Rocket Lab’s first medium-life launch vehicle, Neutron.
Benchmark Space Systems added Starlight’s Hall-effect thrusters (HET) and 21SoftWare’s security platform to its partner network.
Ascending Node Technologies (ANT) launched its Spaceline 3D mission visualization software to help mission operators plan and optimize their flight paths.
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