India has established itself as a global leader in space exploration with the successful landing of its Chandrayaan-3 mission on the unexplored south pole of the moon. The Chandrayaan-3 spacecraft was launched last month, and it safely touched down on the lunar surface at around 8:34 a.m. ET. This achievement makes India the fourth country …
During the Axiom Space Artemis III Lunar Spacesuit event at Space Center Houston in Houston, Texas on March 15, 2023, Chief Engineer Jim Stein proudly donned the new spacesuit, designed for lunar exploration. The spacesuit is equipped with a cover layer that conceals its proprietary design. This layer is used solely for display purposes as …
The Space Development Agency (SDA) has recently awarded contracts worth $1.5 billion to Lockheed Martin and Northrop Grumman for the development of prototype communications satellites. This move is part of the SDA’s plans to establish the Beta variant of its Tranche 2 Transport Layer constellation, which aims to create a robust network of satellites to …
Redwire, a space infrastructure company, has partnered with Sierra Space to include a biotech technology test bed on Sierra Space’s inflatable space habitat. This collaboration aims to manufacture drugs in orbit. “It’s a significant milestone for both Redwire and Sierra,” stated Mike Gold, Redwire’s chief growth officer. “Our goal is to not only conduct scientific …
A Falcon Heavy rocket launches the USSF-67 mission from NASA’s Kennedy Space Center in Florida, Jan. 15, 2023. SpaceX According to The Wall Street Journal, SpaceX achieved profitability in the first quarter of this year, driven by a substantial increase in revenue. The privately held company’s financial documents reveal a profit of $55 million on …
The Weather System Follow-on-Microwave (WSF-M) satellite manufactured by Ball Aerospace has been announced to be sold to U.K. defense contractor BAE Systems for $5.6 billion in cash, according to a joint statement released by the companies on Thursday. The transaction is set to be finalized in the first half of next year, pending regulatory approval. …
A rendering of Telesat’s low earth orbit broadband constellation. Telesat Shares of Canadian telecommunications satellite operator Telesat soared on Friday following the announcement of a supplier change for its upcoming Lightspeed global internet network. Canadian space company MDA will now be responsible for building the Lightspeed satellites, replacing the previous supplier, French-Italian manufacturer Thales Alenia …
[The livestream is scheduled to begin at 11 a.m. ET. If you cannot see the video player above, please refresh the page.] Virgin Galactic conducted its second commercial spaceflight on Thursday, marking its first voyage with private-paying tourists. Known as Galactic 02, the spacecraft took off from Spaceport America in New Mexico. It was piloted …
Viasat, a leading provider of satellite communications, has reported impressive quarterly revenue growth. Despite a recent satellite malfunction, the company remains committed to overcoming challenges and exploring alternative solutions to deliver the services it had planned for this year. In a letter to shareholders detailing its first-quarter results for fiscal year 2024, Viasat acknowledged the …
Rocket Lab, a space company, has released its second-quarter results, meeting the expectations of Wall Street. The company also announced that it has secured contracts for 10 additional launches in 2023 and 2024. In a statement, Rocket Lab founder and CEO Peter Beck highlighted the strong performance of the company’s launch and space systems businesses …