Business

Lockheed’s Mid-Size Bus Set to Fly This Year

Image: Lockheed Martin

COLORADO SPRINGS, CO—Lockheed Martin is preparing to launch its medium-sized LM 400 bus before the end of the year in preparation for a few classified opportunities coming down the pipeline, Lockheed Space President Robert Lightfoot told a small group of reporters at Space Symposium.

Why LM 400? The company has a number of tech demos waiting for their time to fly, Lightfoot said. LM 400 is up next to allow the company to test and prove the bus in orbit ahead of at least three classified opportunities for which the bus could be a good fit, he said.

“I want to prove the concept of the LM 400 bus so that when I get a potential opportunity, which really the mission is more about the payload, the bus part is kind of behind me,” Lightfoot said Tuesday. “We believe when we look at some of the opportunities coming up, that that sized bus…is kind of a sweet spot.”

The bus, which initially was supposed to launch on a demo in early 2023, has a mass of 1,000 kg and is about the size of a refrigerator. 

To the skies: These sorts of tech demos are only possible because of the plummeting cost of launch, Lightfoot acknowledged when asked about his thoughts on capacity within the launch market. 

“I can go buy a launch. Ten years ago, I couldn’t have done that on my own,” he said. “Now, I can go to Firefly, I can go to ABL, I can go to Rocket Lab…. So there’s lots of opportunities I didn’t have before in my toolbox.” 

Sharing the wealth: Last week, NASA awarded a contract for a lunar terrain vehicle where Lockheed is contributing to a Lunar Outpost-led effort that also includes General Motors, Goodyear, and MDA Space. Lightfoot said he’s comfortable with Lockheed not always being the prime on a program, though he acknowledged it’s a cultural shift for the company.

“Sometimes the government will ask for a large investment, and some of these folks have better capability to go get those investments than we do as a publicly traded company,” he said. 

Related Stories
BusinessVC/PE

HawkEye 360 Closes $150M Financing Round, Acquires Innovative Signal Analysis

HawkEye 360 has been using its eyes in space for years to provide valuable insights on radio frequency (RF) sensing data for the defense sector. Now, as demand signals from the military are on an upswing, the company is taking growth even more seriously

BusinessSpace 2025Startups

Reentry: 2025 Wrapped

In a magic trick, making something disappear is only part of the act—bringing it back is what earns the applause.

BusinessISAM

Starfish, Impulse Partner on Remora RPO Mission

Starfish Space and Impulse Space teamed up quietly this year to conduct an RPO demo in orbit, bringing spacecraft to within 1,250 meters of each other autonomously.  The mission, called Remora, proves RPO missions do not require expensive hardware or custom-built spacecraft, as has historically been the case. Starfish added one camera and its software […]

Business

Overview Energy Emerges From Stealth

Going off-Earth to collect sunlight allows solar power to be a more reliable energy source for terrestrial industries—including at night, Overview officials say.