Last week, BlackSky reported Q2 financial results. The satellite operator beat expectations on top- and bottom-line earnings, riding on the back of key contract wins and a big new integration. “We have strong momentum across all aspects of our business,” BlackSky CEO Brian O’Toole told Payload in an interview. Q2 results at a glance Revenue […]
The commercial space industry is moving fast, and the US government is making moves to keep up with the times. In response to this rapid growth and development of the orbital environment, VP Kamala Harris said Friday that the government aims to develop a new rules framework for space activities. “We must write new rules […]
The space industry hasn’t yet completely resolved the gap in access to launch stemming from Russia’s invasion of Ukraine. To get some of its stranded sats back on their mission timelines, ESA has begun preliminary talks with SpaceX, Reuters reports. The story so far: The war in Ukraine has poked holes in Europe’s spaceflight plans […]
Rocket Lab ($RKLB) reported earnings at market close on Thursday. The New Zealand-based launch company recorded a quarterly record revenue of $55.5M, up 392% YoY. Key Rocket Lab Q2 2022 #s Adj. EBITDA = -$8.5M Cash & cash equivalents = $542.5M Backlog = $531.4M Net loss = $37.4M Revenue By Segment Space Systems = $36.4M […]
Earlier this week, space safety company Kayhan Space launched the next tier of its space traffic management (STM) platform, Pathfinder Pro. Kayhan’s ultimate goal is to fully automate all collision avoidance maneuvers in orbit, cofounder and CTO Araz Feyzi told Payload. LEO, in particular, is poised to get a lot more crowded over the coming […]
Terran Orbital’s ticker is $LLAP, which stands for “live long and prosper.” And that rules. Anyways, the satellite manufacturer reported $21.4M in Q2 revenue, a 127% jump YoY, and ended the quarter with $62.3M cash on hand. The company also announced a record backlog of $224.1M, up 200% since the end of last year but […]
The Federal Communications Commission (FCC) has rejected SpaceX’s bid for $866M in subsidies to roll out Starlink in the rural US, according to a press release issued yesterday. “Consumers deserve reliable and affordable high-speed broadband,” FCC Chairwoman Jessica Rosenworcel said in a statement. “We must put scarce universal service dollars to their best possible use […]
Maxar booked $438M in revenue this quarter, down 7.3% YoY. Earth Intelligence revenue increased slightly YoY, while Space Infrastructure fell ~10% YoY. The EO mainstay noted that sales within its Space Infrastructure segment dipped (or dove) by $36M, enough to put Maxar in the red. The company’s quarterly operating loss was $30M (vs. $45M YoY). […]
Redwire ($RDW) reported Q2 2022 results before the market opened on Wednesday. The Jacksonville, FL-based space infrastructure company reported quarterly revenues of $36.7M (+14.2% YoY). Quick refresher: Commercial space powerbroker AE Industrial Partners hatched Redwire in late 2020 by merging Adcole Space and Deep Space Systems. Shortly thereafter, Redwire acquired Made in Space. The company […]
Spaceflight Inc has partnered with Italian launch broker SAB Launch Services (SAB-LS) to fly its Sherpa space tugs aboard Arianespace-managed, Avio-built Vega C rockets, making use of an ESA-initiated service. We’re going to need a diagram if this gets any more complicated. What’s in it for Spaceflight + SAB-LS? Founded in 2018, SAB-LS offers launch […]
San Francisco-based Capella Space has announced Acadia, its next generation of synthetic aperture radar (SAR) satellites. Capella’s SAR satellites can see through clouds and provide all-weather, 24/7 imaging. The startup primarily serves defense and intelligence customers. Backstory: Capella launched Denali, a backpack-sized SAR satellite, in late 2018. Next came the 100-kg. Sequoia in Aug. 2020. […]
Students across the globe could soon have the ability to identify near-Earth asteroids (NEAs) for a grade, thanks to a collaboration between TransAstra and Slooh. The two companies have announced a partnership that will ultimately let K-12 students book time on a telescope. TransAstra is a space startup that graduated from Y Combinator in Summer 2021. […]
