Stories on space business, including company updates, funding announcements, and contract awards.
New Zealand startup Dawn Aerospace announced Wednesday that it successfully completed three flights of its rocket-powered Mk-II Aurora suborbital spaceplane last week. During the test flights, the vehicle reached an altitude of over 6,000 feet. “When we set out to change how we access space, we didn’t want an iterative step on expendable rockets – […]
The countdown has begun for the maiden orbital flight of SpaceX’s Starship. SpaceX has notified the FAA that they are targeting April 10 for Starship’s orbital flight, with April 11 and April 12 as backup dates. On Tuesday, Elon Musk further stoked excitement and seemingly confirmed the date by “liking” three tweets regarding an April […]
Dawn Aerospace’s rocket-powered Mk-II Aurora suborbital vehicle is expected to make its maiden flight in April after getting regulatory approval from New Zealand to fly last week. Mk-II Aurora spaceplane: Dawn Aerospace has already completed 48 test flights using traditional jet engines. The upcoming launch marks the first time a remotely piloted, rocket-powered vehicle has […]
German launch startup Isar Aerospace has closed a €155M ($167.3M) Series C funding round. The company has now raised over €300M ($323.9M) and is fully funded up to and beyond its first flight. With this latest round of funding, Isar cements its position as the most well-funded European launch startup. The next most successful is […]
Rosotics is on a mission to revolutionize additive manufacturing. This morning in Mesa, AZ, the 3D-printing startup will debut the first completed prototype of its Mantis printer—a huge, unfolding contraption capable of printing 45 kg of material per hour on the power from a standard 240V outlet. The first printers are marked for delivery in […]
The National Reconnaissance Office on Wednesday awarded six companies study contracts for commercial hyperspectral imaging, which can detect changes in satellite images that would be invisible to the human eye. “We are operating the largest, most diverse, most capable overhead constellation in NRO’s history as we face increasingly complex threats in space and on the […]
In a story that nearly writes itself, a Texas investor is swooping in to save a troubled rocket company just as it was teetering on the brink of bankruptcy. Dallas-based VC Matthew Brown is set to invest $200M into Virgin Orbit ($VORB), a source told Payload. The news was first reported by Reuters on Wednesday. […]
Terran Orbital ($LLAP) saw sales triple in Q4 compared to the prior year, the company revealed Tuesday in fourth-quarter and full-year 2022 financial results. Terran Orbital’s Q4, by the numbers: Terran generated 2022 sales of $94.2M, driven by a record 19 satellite deliveries (10 were SDA/Lockheed birds). Rivada contract: Last month, Terran won the monster […]
This morning, Deloitte released a forecast on the potential for growth within the space industry. The report, which pairs market data with a survey of space industry leaders, is intended to give execs in other industries the background they need to incorporate space into their businesses. Bottom line upfront: “For space to grow, and fulfill […]
Gravity may be a tough opponent, but it’s got nothing on the unrelenting forces of public markets. On Thursday, launch startup Astra ($ASTR) announced that it has requested additional time from Nasdaq to boost its share price and avoid a delisting. Astra’s road: Over the last couple of years, the Alameda, CA company has struggled […]
Earlier this week, Rivada Space Networks announced that Aalyria will help manage and optimize communications across its planned LEO constellation. Aalyria emerged out of stealth late last year, with a trove of valuable IP it acquired from Google parent Alphabet. Rivada 101 Last year, Rivada announced itself to the world with a splashy plan to […]
For the first time in decades, NASA astronauts will soon get a wardrobe revamp. On Wednesday, Axiom unveiled the new spacesuit designs that will be worn on the Artemis III mission to the Moon. For those concerned about the colorway, the dark blue is just a fabric cover, and the final spacesuits will be all […]
