BroadbandLaunch

SpaceX’s ’22 Revenues: A Reformed Wall Street Analyst’s Best Guess

A common question we get here at Payload is how much money SpaceX is making.  Unfortunately—but unsurprisingly—SpaceX doesn’t break out any annual revenue data from launch or Starlink, its two core verticals.  But that didn’t stop us. We’ve decided to give it our best shot and estimate what SpaceX’s 2022 revenues will look like. All […]

AnalysisVC/PE

Space Capital Releases Q3 Investment Report

Space Capital has released its quarterly report on investment in the space industry. In the third quarter of 2022, investors injected $3.4B into 79 individual space companies, broadly defined across infrastructure, distribution, and applications. Infrastructure It comes as no surprise that SpaceX takes the cake in capital raised over Q3 with its $1.9B Series R. […]

StartupsTechnology

A Q+A with Vast Founder Jed McCaleb

Earlier this year, Vast emerged from stealth with a bold goal: to build the world’s (or solar system’s?) first artificial-gravity space station.  The benefit of such a design, the El Segundo startup argues, is that it would offer “a healthier environment for long-term stays in space.” It’s still early days, but the thinking is that […]

LaunchStartups

Launcher Announces Successful E-2 Engine Test

Launcher added a new accolade to its resume this week: a successful test of the highest-performing kerosene rocket engine turbopump ever made in the USA.  The two-minute test, which you can see for yourself on Youtube, happened last month at NASA’s Stennis Space Center. The results, which met or exceeded all goals over the course […]

BusinessInternational

Orbex Secures £40.4M in Series C Funding

Orbex announced earlier today that it had successfully closed a £40.4M ($46.3M) Series C funding round. This latest round of funding pushes the company’s total funding to date past $100 million, making it one of the most well-funded launch startups in Europe. Road to $100+ million July 2018: £30M (approximately $33.8M) funding round that included […]

Pathfinder

Pathfinder #0021, with Ryan Duffy (Opposite Day Edition)

Today is Opposite Day at Pathfinder. Rather than interview someone, Ryan himself is sitting down in the hot seat to take an hour’s worth of questions. Our guest host is cofounder Mo Islam. Though he’s Ryan’s coworker, he’s also his boss and a fair, unsparing interviewer.  Pathfinder #0021 is brought to you by Spaced Ventures, […]

CivilMilitary

White House Releases National Security Strategy Report

The Biden administration’s National Security Strategy highlights America’s exploration goals and economic opportunities in orbit, but some critics say it misses the mark on national security and largely ignores threats in orbit. The 48-page, unclassified document released last week has one paragraph dedicated to America’s space ambitions, including a pledge to lead the way in […]

InternationalLaunch

Skyrora Skylark L Debut Ditched into Norwegian Sea

Skyrora revealed last week that the debut of its suborbital Skylark L vehicle ended abruptly after the rocket suffered an as-yet unidentified anomaly. The UK-based startup conducted the launch on Oct. 8 from a mobile launch site erected in Langanes, Iceland.  Let bygones be bygones? In April, Skyrora published an article decrying the Icelandic government […]

CivilISS

A Dispatch from the Beyond Earth Symposium

The International Space Station has served as a beacon of international diplomacy, ground-breaking R&D, and scientific discovery for nearly 30 years. Its commercial follow-on could serve as a movie set, thanks to Axiom and its entertainment partner.   The policy and regulatory challenges facing commercial space station developers were front and center at Thursday’s Beyond Earth […]

AnalysisMilitary

Rand Releases Adversary Perception Report

RAND Corporation is out with a new report on how the US’ principal adversaries—China and Russia—perceive the American space program.  The overall findings are bleak, though they come as no surprise:  “The Chinese and Russian native-language primary sources reviewed for this project reflect a sustained perception that US military activities related to the space domain […]

Parallax

A Binary Black Hole Found Wobbling

Has Einstein ever been wrong? A study published yesterday in Nature revealed the first direct observation of a phenomenon that the famed physicist described in his theory of general relativity. In a mid-collision pair of black holes, the Cardiff University researchers found the strongest evidence yet of a wobbling orbit caused by the distortion of […]

ISAMMilitaryStartups

Space Force to Refuel GEO Satellite with Orbit Fab Tanker

The Space Force (USSF) has signed on to be one of the very first customers of a gas station in space.  This week, in-space refueling company Orbit Fab won a $13.3M USSF contract to gas up geostationary (GEO) military satellites starting in 2025. Under the four-year contract, which was first reported by Bloomberg, the Colorado-based […]