Boeing ($BA) Q2 results fell short of Wall Street expectations yesterday, due to weaker defense sales and program delays. Robust commercial plane orders softened the blow, and the company stuck by its forecast to return to positive free cash flow this year. The overall numbers: Operating cash flow = $100M Revenue = $16.7B, a 2% […]
Airbus ($AIR) reported its H1 2022 earnings yesterday. Supply chain issues led the European aerospace giant to cut commercial aircraft estimates, but Airbus expects little short-term impact as it maintains its free cash flow targets. The overall numbers: Revenue = €24.8B ($25.3B), a 1% YoY increase Free cash flow = €2.0B ($2.0B) Adj. EBIT = […]
There are three certainties in life: death, taxes, and fights over spectrum rights. Certainty No. 3 continued to deliver earlier this week, with a SpaceX regulatory filing to launch a new mobile service. Specifically, SpaceX petitioned the Federal Communications Commission (FCC) for approval to provide mobile satellite service (MSS) in the 2 GHz band. MSS […]
Iridium ($IRDM) was doing 2020s-era space stuff before it was cool. The McLean, VA company deployed a constellation in low-Earth orbit and used those satellites to provide connectivity to devices in hard-to-reach areas around the world. It went bankrupt once upon a time, and in 2009 it went public via SPAC. Now, Iridium appears to […]
The in-space collaboration between the US and Russia may be coming to an end. Yesterday, newly installed Roscosmos chief Yuri Borisov announced Moscow’s intention to walk away from the ISS partnership in 2024 and commence construction on its own space station. In recent memory… Russia’s hostile invasion of Ukraine almost immediately sent the already-strained ISS […]
On today’s episode of Pathfinder, we’re joined by Tim Ellis, the CEO and cofounder of Relativity Space. Tim was in his late twenties when he started Relativity with cofounder Jordan Noone six and a half years ago. Fast forward to today: Relativity’s 3D-printed Terran 1 rocket is at the pad in Cape Canaveral and an orbital […]
Yesterday, Eutelsat confirmed Bloomberg reporting that it is officially in talks to merge with OneWeb. Refresher: OneWeb is building a LEO broadband megaconstellation to rival the likes of Starlink and Kuiper. The UK company has launched 428 satellites (~66% of its planned constellation). France’s Eutelsat, founded in 1977, operates a fleet of 36 GEO satellites […]
Last week, Relativity Space and Impulse Space announced a partnership to launch the first private mission to Mars. To much fanfare, the two startups say they’ll try to launch a Red Planet lander as early as 2024. Under the agreement, Relativity will launch Impulse’s Mars Cruise Vehicle and Mars Lander on the 3D-printed Terran R […]
China’s space station is almost finished. Over the weekend, the China Manned Space Agency launched the Wentian laboratory module to its in-progress Tiangong station atop a Long March 5B. Wentian successfully docked with the station earlier this morning after a 13-hour journey. Wentian: The lab module is the largest spacecraft that China has ever sent […]
Until recently, the driving philosophy in exoplanet research was that liquid water needed fairly specific conditions to exist and that water on planets that orbited too far from a star would necessarily be frozen. Now, a decade-old theory with a new batch of research behind it is challenging that idea among planetary scientists. A study […]
Isar Aerospace is the first privately-funded operator to gain access to the Guiana Space Centre (GSC) in French Guiana. French space agency CNES announced the news on Thursday. GSC has been in operation since 1968 and has supported hundreds of missions. CNES responded to several requests from industry to open the site to privately-funded operators […]
While government-operated orbital outposts may not have the amenities of future private stations, in-space internet, it would appear, will be table stakes. Driving the news: NASA’s Lunar Gateway module, set to begin launching in a few years, will serve as a comms hub, a research lab, short-term living quarters for astronauts, and a holding bay […]
