Business
Stories on space business, including company updates, funding announcements, and contract awards.
Eutelsat Soars 550% in Three Days on EU Defense Plans
Eutelsat stock has surged over 500% this week, adding more than $3B in market cap, driven by expectations of increased usage and a priority on EU defense.
Astranis Notches Key Demo for USSF’s GPS Backup
“We have shown that our satellites will be fully compatible with legacy GPS receivers,” Astranis CEO John Gedmark told Payload.
Varda Conducts First Reentry Mission into Australia
Varda’s second reentry capsule W-2 landed safely in the dust of Southern Launch’s Koonibba Test Range in Australia yesterday.
Talking IM-2 With Tim Crain
Payload talked to IM CTO Tim Crain about the Athena lander, the onboard technology, and, yes, those pesky laser range-finders.
BlackSky’s Gen-3 Sat Enters Orbit, Company Lands String of Contracts
BlackSky launched its first Gen-3 Earth observation satellites aboard Rocket Lab’s Electron rocket yesterday, adding higher-resolution imaging to its data offerings.
True Anomaly Expands to Long Beach
The facility—a new product development center—will work on payload development and new spacecraft designs, streamlining hardware and software development and production as the firm looks to expand its classified operations.
“Space to Grow” Provides a Curriculum on Space
Space, once the sole domain of militaries and civil space programs, is increasingly ruled by market forces.
Space CEOs Pitch Tech For Trump’s Push to Mars
Space CEOs outlined how their tech would help the US explore Mars amid the Trump administration’s focus on the Red Planet during remarks at the Commercial Space Conference on Wednesday in DC.
MDA Space Wins Mega Contract To Build Globalstar’s Network
Under the contract, the Canadian space company will build 50+ AURORA sats for the American satellite connectivity company, though the announcement did not lay out a time frame for delivery or launch.
Observable Space Forms From Telescope Hardware, Software Merger
Observable Space wants to become the Tesla of telescopes.
Boeing Starliner Losses Top $2B—And Counting
Years of technological and operational challenges have increased costs to develop Starliner, with Boeing reporting losses almost every year since it began developing the spacecraft in 2014.
Kayhan Space Beefs Up its Space Traffic Coordination Tool
The company hopes the new tool will make it easier for satellite operators to run their missions and coordinate collision avoidance maneuvers with their neighbors.
AVS Secures ESA Study for Dark Matter Probe Platform
Added Value Solutions (AVS) won an ESA contract to advance the design and development of its satellite platform for the ARRAKIHS dark matter astrophysics mission.