How Momentus Became The Latest SPAC On The Rocks
Momentus, the space tug company attempting to rebound from a troubled SPAC transaction in 2021, is now on the verge of bankruptcy.
Momentus, the space tug company attempting to rebound from a troubled SPAC transaction in 2021, is now on the verge of bankruptcy.
The man who built the Falcon 9’s Merlin engine is back with a new vehicle that aims to make reaching geostationary orbits cheaper.
Private space companies raised $17.9B last year—a 25% reduction from 2022 and the lowest in ten years, according to a report released today by venture fund Space Capital.
The dream of using solar panels in space to deliver electricity to the Earth below has animated engineers for 80+ years, but even with the falling cost of space access, we’re still far from solving the climate change problem with orbital power plants.
The astronauts heading around the Moon on NASA’s Artemis II mission shouldn’t be packing their bags just yet.