US spaceflight company Astra Space, which is developing high-powered rockets, has defaulted on its bank obligations. Astra Space disclosed in an SEC securities filing late on November 3rd that it defaulted on a recent debt agreement and may not be able to raise needed cash. It has reportedly barely $10 million in cash in its […]
The US Space Development Agency (SDA) has awarded Northrop Grumman an agreement with a total potential value of approximately $732 million to design and build 38 data transport satellites for military usage. This announcement for what are described as the “Alpha” batch of satellites, follows an August 2023 award to Northrop Grumman of 36 satellites […]
Satellite operator ABS has unveiled a new brand identity that is says reflects a transformative new phase of the company. With new ownership and new management in place since last year, and an ambitious strategic vision, ABS – Agility Beyond Space is poised to elevate its role on the global stage within the satellite industry. […]
Terran Orbital is busy building satellites including 600 for Rivada Networks, but a group of investors are concerned about the company’s depressed share price and demanding that the CEO Marc Bell be replaced – and the current role of CEO and Chairman be divided. The investors also want an urgent strategic review of the business. […]
Italy-based aerospace company Argotec is opening a new facility in Maryland, USA. Argotec already has a busy R&D unit in Turin and operates climatic rooms and a thermal vacuum chamber in order to recreate the extreme conditions of temperature and to validate its satellite projects. Argotec also has its own Mission Control Centre directly connected […]
Airbus and Safran, who between them control ArianeGroup, are asking for an additional €210 million – over and above the €140 million a year it already receives – in order to operate the Arianespace rocket system. The news was revealed by Europe in Space and France’s La Tribune newspaper. The problem for ArianeGroup is that […]
Relativity Space, which builds rockets with a high proportion of 3D components, has won a multiyear, multiple launch order from satellite operator Intelsat. Relativity says it will launch Intelsat satellites using its future Terran R (for ‘reusable’) rocket. California-based Relativity did not disclose the overall contract value or the cost of each individual launch, but […]
Seraphim Space, the Global Investment Company, has published its Seraphim Space Q3 investment report which details the changing investment landscape for the sector. After a difficult few years with investment falling since 2021, this quarter reveals that the sector has turned a corner with investment levels beginning to rise again. Below details some key global […]
The fourth Virgin Galactic tourist flight (number 04) has a launch window opening today (October 5th). It is the fifth flight of the year and the ninth overall. One passenger will be Namira Salim, who will be the first Pakistani to get to space. Two other passengers are not named other than one is from […]
Ariane 6, the giant replacement rocket for the European Space Agency (ESA), is already delayed until the end of 2024. Now the ESA says that is medium-lift rocket, Vega-C, is also delayed until Q4/2024. The news means that Europe doesn’t have a working rocket to launch commercial, scientific or military satellites, other than two remaining […]