ABL Pivots To Missile Defense
“We see considerable opportunity to leverage RS1 … to enable a new type of research effort around missile defense technologies.”
“We see considerable opportunity to leverage RS1 … to enable a new type of research effort around missile defense technologies.”
The sale will allow the Spire to pay off more than $118M in debt and leave it with another $100M on its balance sheet.
The news comes as competing small satellite launchers Astra and Relativity are also seeking new funding for their launch vehicle development programs.
There are three major areas where Voyager is investing in national security space: Solid rockets, intelligence, and satellite payloads.
“As the NASA administrator, I had a lot of challenges with traditional Hall thrusters,” Bridenstine told Payload. “When I came across this company that’s doing electric propulsion, they can provide as much thrust and as much efficiency as a traditional hull thruster, but do it with a variety of different fuels, I got excited about it.”
Today marks the last day that NASA’s Tracking and Data Relay System satellites will be open for new business.
The rocketmaker has has raised more than $2B since 2015.
“Hyperspectral is such a buzz word.”
Military users already spent $660M through the contract since 2023.
The license was “our last gate to fly.”
The end goal is to produce 50 to 100 liquid-fueled rocket engines a year.