BlackSky ($BKSY) is predicting a boom in 2023, partially driven by growing government demand for its Earth observation imagery and geospatial intelligence. By the numbers: 2023 outlook: BlackSky remains bullish on its projections for the rest of the year, including annual revenue between $90M-$96M, which would be a 42% increase from 2022. The company’s top […]
Manufacturing intricate, specially-designed components for aerospace is a tricky process, requiring high accuracy and precision to build reliable, hardy products. Generally, that leads to long lead times—i.e. a whole lot of waiting around for a delivery from a supplier. Heliospace, a company that provides NASA with flight hardware and systems engineering, announced yesterday a partnership […]
Rocket Lab’s ($RKLB) first quarter revenue exceeded expectations, the company reported on Tuesday’s earnings call. By the numbers: Launch made up 36% of revenue, and space systems comprised 64% this quarter. Investments in Neutron and Photon drove faster cash burn. Looking forward: Rocket Lab projects revenue to jump to $60M-$63M next quarter, with the split […]
Virgin Galactic ($SPCE) is returning to space after a nearly two-year hiatus. The company provided further details on the upcoming crewed test flight yesterday, along with its Q1 financial results. By the numbers: Virgin Galactic burned through $136M of operating cash in Q1 as it prepares for its first commercial flight and invests heavily in […]
The last time Congress passed a standalone NASA authorization bill, in 2017, astronauts were flying to the ISS exclusively aboard Russian rockets, Perseverance was still a work in progress inside a JPL clean room, and Artemis was just a name from Greek mythology. It’s clear a lot has changed since then, and Rep. Frank Lucas […]
Starlink users in metro and nonmetro areas are relatively happy with the service, despite a slowdown over the past year, according to data released Monday by Ookla, which analyzes internet performance metrics. Starlink’s net promoter score (NPS), which measures customers’ loyalty to a brand by asking how likely they are to recommend the service, beat […]
Israeli startup WeSpace Technologies is angling to provide Israel’s official contribution to the Artemis program with its lunar hopper. The company plans to launch its first craft in less than three years to begin providing “flying services on the Moon,” CEO Yifat Feffer told Payload. Lunar hopping WeSpace’s offering to the growing lunar economy is […]
Two NASA storm-tracking satellites lifted off aboard Rocket Lab’s Electron launch vehicle last night in New Zealand, putting the first half of the planned four-satellite constellation into orbit. The “Rocket Like A Hurricane” mission was the first of two launches that will build the Time-Resolved Observations of Precipitation structure and storm Intensity with a Constellation […]
SES, a satellite telecommunications network provider from Luxembourg, reported Q1 financial results above market expectations on Thursday. Overall financials: SES’s next system: The company expects to begin commercial service in Q3 of its O3b mPOWER system, a communication satellite network that will serve customers such as Microsoft and Orange. SES launched two O3b mPOWER satellites […]
Some lawmakers are re-launching their bid to establish a Space National Guard, despite strong White House opposition to previous efforts. House Armed Services Committee members Reps. Jason Crow (D-CO) and Doug Lamborn (R-CO) this week reintroduced the Space National Guard Establishment Act, which would move space-focused Air National Guard members from seven states and one […]
Airbus reported €11.8B ($13B) in 1Q revenue yesterday, but the company’s defense and space division saw a 21.5% drop in net order intake. The overall numbers: • Free cash flow = €-900M (-$1B) • Revenue = €11.8B ($13B), a slight decrease from last year’s €12B • EBIT Adjusted = €800M ($885M) Breaking out defense & […]
NUVIEW is looking to see the world in a whole new dimension. The Orlando, FL-based startup emerged from stealth this morning with an ambition to map the globe in 3D each year and $1.2B in prospective customer contracts under its belt. The world in 3D: While there’s no shortage of companies supplying optical, hyperspectral, or […]
