Array Labs, a YC alum with ambitions to map the world in 3D, has raised a $5M seed round to kickstart the development of its radar constellation. The investment was led by Seraphim Space and Agya Ventures, with participation from Republic Capital, Liquid 2 Ventures, Rebel Fund, Y Combinator cofounder Trevor Blackwell, and Keyhole cofounder […]
Boeing ($BA) reported a $3.3B loss in the third quarter on Wednesday, which included significant hits to its space and defense business segment. The losses to fixed-price programs, including the Starliner capsule built for NASA’s Commercial Crew program, were partially offset by more commercial airplane sales. By the numbers: 3Q revenue = $16B, up 4% […]
Relativity is in the final innings of prep work for “Good Luck, Have Fun,” its first orbital flight attempt. The Relativity team is integrating Terran 1 in its Space Coast hangar right now, and plans to roll the rocket out to the launchpad in the coming weeks. While all eyes may soon be on Terran […]
The US military command focused on deterring China will beef up its space footprint next month, the Space Force’s #2 officer, Gen. David “DT” Thompson, said Tuesday. The US Indo-Pacific Command will establish a Space Force component command on Nov. 22, said Thompson, who is the service’s vice chief of space operations, at a Mitchell […]
If you’ve been wondering how you can contribute to space debris mitigation efforts, you may be in luck. Privateer, a space debris tracking startup founded by Alex Fielding, Steve Wozniak, and Moriba Jah, has taken space sustainability efforts unto itself through its collision risk assessment tool, Wayfinder. Yesterday, Privateer announced it has partnered with consumer […]
Today’s episode takes us to the burbs of Seattle, where one startup aims to build an entirely new type of rocket. Our guest, Andy Lapsa, is the CEO and cofounder of Stoke Space. The startup, whose north star is building 100% reusable rockets, raised a $9.1M seed round in 2020, graduated from Y Combinator’s Winter […]
Last week, we took a look at Credit Suisse’s initiation of aerospace & defense (A&D) industry coverage. In complementary equity commentary published earlier this month and seen by Payload, analysts break down their generally bearish position on the aerospace sector. As a refresher… …here’s one quote from Credit Suisse we published on Friday: “The space […]
Apex, an LA-based satellite developer, emerged from stealth today with $7.5M+ in funding. Andreessen Horowitz led the round, with participation from XYZ, J2, Lux Capital, and Village Global. The name of the game Apex aims to manufacture satellite buses in the 100-kilogram class that can support ~100 kgs of payload. It aims to sell Aries, […]
Government officials and industry gathered just outside DC last week at the CONFERS Global Satellite Servicing Forum to brainstorm solutions for challenges facing the satellite servicing industry. CONFERS = the Consortium for Execution of Rendezvous and Servicing Operations, an industry group with 60+ members that started in 2017. Here’s a dispatch from the two-day conference […]
Credit Suisse has initiated coverage of the aerospace & defense (A&D) industry. In an analyst note issued on Oct. 11 and seen by Payload, the bank writes that the two should not be viewed in the same light, and that “A” and “D” are a zero-sum game. “From 1940 to 2017, these two sectors worked […]
Advanced tech can only do as much as the policies that regulate it allow, Lockheed Martin’s space chief said Thursday at an event to sell Washington officials on the moon habitats, in-space manufacturing, and smart cities that the company predicts will be commonplace by 2050. “The goal really is to start a dialogue and think […]
The debut of Europe’s Ariane 6 launch vehicle has slipped to Q4 of 2023—a timeframe that remains provisional. According to ESA Director General Josef Aschbacher, the launch date will be contingent on the completion of three key milestones by Q1 2023: Completing the upper stage hot fire test campaign that began earlier this month. Commencing […]
