According to analysis from Novaspace, SpaceX generated an estimated $11.8 billion (€10.4bn) in revenue in 2024, with Starlink overtaking its space transportation division for the first time. The company’s long-awaited profitability milestone is being driven by the steady maturation of its connectivity business and a launch model now optimised for reuse. While not unexpected, the […]
According to a report from technology intelligence firm ABI Research, the number of newly launched active digital and software-defined satellites in orbit supporting cloud-native networks is projected to exceed 10,000 by 2031, driven by the rise of next-generation Low Earth Orbit (LEO) satellite networks and network unification efforts. “As the United States, Europe and China […]
SpaceX has said that its next test flight of its massive Starship will be the ninth and will use Ship 35 and Booster 14 on this test flight. A specific date for the flight has not yet been publicly released, but extensive testing of the vehicle’s rocket engines has taken place over the past week […]
Axelspace Corporation, which designs, manufactures and operates microsatellites, and conducts business to promote a society where space is accessible to people around the world, has announced plans to launch seven next-generation Earth observation microsatellites, GRUS-3, in 2026. This will expand the company’s microsatellite constellation to include more than ten satellites, enabling observation of broader areas […]
Gwynne Shotwell has been with SpaceX for the past 23 years, and became president and chief operating officer in 2008. She also holds a 0.3 per cent stake in the company. She was SpaceX’s employee number 11 and the shareholding has been largely accumulated through stock compensation awards. Forbes magazine says that her shareholding is […]
Germany is paying for extra satellite coverage over Ukraine by securing capacity on Eutelsat. Reportedly, this has been going on quietly behind the scenes for almost a year, designed to secure extra bandwidth for Ukraine’s military as an alternate to Elon Musk’s Starlink system. According to a Reuters report, Eutelsat’s CEO, Eva Berneke, revealed that […]
Elon Musk’s businesses may be melting down in value (Tesla stock fell 15 per cent on March 10th, and is down 41 per cent this year) but his SpaceX company is still winning contracts for its Starlink broadband system. But reports suggest Dubai-based Emirates airline has chosen to equip its complete fleet with Starlink direct-to-passenger […]
SpaceX enjoyed partial success for its Starship test #8 on the evening of March 6th. The rocket’s booster (first) stage performed flawlessly and enjoyed a perfect return to Earth and being captured by the sites ‘chopsticks’. However, the upper stage Starship exploded mid-flight. The SpaceX mishap halted some flights from Florida’s busiest airports for “falling […]
The launch of two giant rockets will take place over the next few days. February 28th will see Elon Musk’s SpaceX launch its massive Starship rocket on its eighth test flight from its South Texas launch site. Meanwhile, in French Guiana, Arianespace’s new Ariane 6 rocket is now scheduled to launch its first commercial flight […]
Local reports say that Elon Musk’s Starlink broadband-by-satellite system could soon have permissions to operate in the India market. According to India’s Economic Times, SpaceX has agreed to most of the local conditions needed to gain access to the nation. The company has agreed to comply with most provisions for securing a GMPCS licence, but […]