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Space industry

Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

by Craig Fedirighi
Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Satellite-imagery and data-analysis company Planet …

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Categories Business

Beidou Challenges U.S. GPS Dominance as China Steps Up

by Ev Richard
Beidou Challenges U.S. GPS Dominance as China Steps Up

GPS, or the Global Positioning System, is the oldest and most widely used satellite navigation system in the world with 6 billion users. GPS is owned by the U.S. government …

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Categories Technology

Vulcan Rocket to Continue Scheduled Flights This Year Following Engine Explosion

by Craig Fedirighi
Vulcan Rocket to Continue Scheduled Flights This Year Following Engine Explosion

The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, May 12, 2023. United Launch Alliance United Launch Alliance still plans to fly its …

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Categories Business

Falcon Launches Bring SpaceX Close to Breaking NASA Gemini Record

by Craig Fedirighi
Falcon Launches Bring SpaceX Close to Breaking NASA Gemini Record

(L)A SpaceX Falcon Heavy rocket stands at pad 39A at the Kennedy Space Center several hours before a scheduled launch in Cape Canaveral, Florida, and (R) A Falcon 9 rocket …

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Categories Business

NASA’s Starliner spacecraft development costs Boeing $1.5 billion in losses

by Craig Fedirighi
NASA’s Starliner spacecraft development costs Boeing .5 billion in losses

Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. NASA Boeing on Wednesday reported a $257 million charge …

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Categories Business

Space Force amplifies competition in the NSSL race for military launches

by Craig Fedirighi
Space Force amplifies competition in the NSSL race for military launches

A Falcon Heavy rocket will launch the USSF-67 mission on January 15, 2023 from NASA’s Kennedy Space Center in Florida. The US military is expanding the competition for Space Force …

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Categories Business

Backup Plan Implemented as Astranis Alaska Internet Satellite Experiences Malfunction

by Craig Fedirighi
Backup Plan Implemented as Astranis Alaska Internet Satellite Experiences Malfunction

The Arcturus satellite is seen en route to geosynchronous orbit. Astranis Satellite internet service provider Astranis said Friday its first commercial satellite in orbit, which was intended to provide coverage …

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Categories Business

Amazon Kuiper Plans to Construct Satellite Preparation Facility in Florida

by Craig Fedirighi
Amazon Kuiper Plans to Construct Satellite Preparation Facility in Florida

An artist’s rendering of the Project Kuiper satellite processing facility in Florida. Amazon Amazon will invest $120 million to build a satellite processing facility at NASA’s Kennedy Space Center in …

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Categories Business

Indications of Stabilization Following a Continuous Decline

by Craig Fedirighi
Indications of Stabilization Following a Continuous Decline

Senior satellite technician Chris Summers completes the final pre-flight checks on satellites Kepler-16 and Kepler-17. Kepler Communications Private investment in space companies, especially from venture capital, showed “signs of stabilization” …

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Categories Business

Viasat stock plummets following satellite malfunction

by Craig Fedirighi
Viasat stock plummets following satellite malfunction

Viasat ‘s stock plummeted in trading on Thursday after the company disclosed its most recently launched communications satellite suffered a malfunction. The Carlsbad, California-based company on Wednesday said an “unexpected …

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Categories Business
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