Stories on space business, including company updates, funding announcements, and contract awards.
South Korea’s Nuri rocket, also called KSLV-II, successfully completed its third launch today, marking the first time a Korean launch vehicle carried commercial payloads to space. Three’s company: Lifting off from Korea’s Naro Space Center, the Nuri launcher deployed eight satellites into orbit, including three from domestic companies: Lumir, Justek, and Kairo Space. Those satellites […]
Albedo, a startup developing a VLEO constellation to collect high-resolution optical imagery from space, has formed a strategic advisory board of former senior intelligence and defense officials to aid the company in its bid to boost government business. The formation of this board “allows us to…strategize well and efficiently around engaging on the national security […]
Astra ($ASTR) reported earnings for Q1, revealing significant cutbacks in spending as the company pushes ahead on Rocket 4 development. By the numbers $ASTR stock was trading at $0.39 at EOD Monday. Closing contracts: Astra is continuing its Launch System 2 development and progressing toward a Rocket 4 launch as it chases down deals. The […]
Vast, a space habitation technology company, is planning to launch the world’s first commercial space station, Haven-1, into LEO by August 2025, the company announced Wednesday. Haven-1 will initially function as an independent crewed space station before connecting with a larger Vast space station currently in development. The station, which can accommodate up to four […]
Manufacturing intricate, specially-designed components for aerospace is a tricky process, requiring high accuracy and precision to build reliable, hardy products. Generally, that leads to long lead times—i.e. a whole lot of waiting around for a delivery from a supplier. Heliospace, a company that provides NASA with flight hardware and systems engineering, announced yesterday a partnership […]
Relativity is adding two new 3D printing technologies to its repertoire to build the larger, heavy-lift Terran-R, CEO Tim Ellis told Payload. “Aeon R is a pretty giant engine. Not just thrust, but I think the size of it,” Ellis said. “So the two new printing technologies are necessary to start doing some hybrid additive […]
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 […]
