Planet Labs Commercial Revenue Is Softening
When Planet Labs went public in 2021, the company touted a commercial Earth observation market on the verge of an inflection point.
The opposite has happened.
When Planet Labs went public in 2021, the company touted a commercial Earth observation market on the verge of an inflection point.
The opposite has happened.
Early Thursday morning, the Polaris Dawn crew opened their Dragon capsule to the vacuum of space, and two private astronauts walked right out.
It was a Willy Wonka-style event—a wealthy entrepreneur finally opening the doors to his secretive facility filled with innovative gadgets at a scale beyond imagination. However, instead of chocolate rivers, fizzy-lifting drinks, and Everlasting Gobstoppers, we were treated to fuel lines, heavy-lifting rockets, and boosters designed to last 25 launches.
Chinese rocket startup iSpace announced yesterday that it secured $99M in Series C and C+ funding to help accelerate the development of its first-stage reusable launch vehicle, Hyperbola-3.
ABL Space Systems announced a round of layoffs late last week, a month after a pad fire destroyed the company’s second RS1 rocket.
The Global Positioning System has long been one of the most important and widely-used services in the world but the US navigational network is showing signs of aging, slipping into a pattern of maintaining the status quo rather than driving innovation.
The seasoned prime outwits the SPAC investors.
Over the past two weeks, two federal watchdogs—the OIG and the GAO—released separate reports highlighting critical issues with two Artemis IV vehicles: Gateway and SLS Block 1B, the upgraded SLS variant.
In 2008, Falcon 1 became the first privately funded, fully liquid-fueled launch vehicle to reach orbit. Its development cost? Just $90M ($131M inflation adj.).
The global competition to field huge satellite networks has a new entrant—China
Direct-to-cell provider AST SpaceMobile jumped another 18% yesterday, bringing its year-to-date market gains to a staggering 326%.
Out are the days of onesie twosies large GEO satcom birds, and in are the mega-constellations in LEO, consisting of an army of hundreds or thousands of smaller satellites that provide ultra-fast connectivity.