Space

Lockheed Martin announced today the creation of a wholly owned subsidiary called Crescent Space Services that will focus on infrastructure for the moon, the latest sign that the aerospace and defense giant is bullish on the future of a lunar economy. The new venture will focus initially on a communications and navigation network in cislunar […]

German launch startup Isar Aerospace has scored $165 million (€155 million) in new funding as it races toward the inaugural flight of its Spectrum small rocket later this year. The company, founded in 2018, is one of a handful of European startups looking to fill the gap in the launch market on that continent. There […]

Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 […]

Launch startup ABL Space Systems has landed a $60 million contract to build out its “responsive launch” operational capacity, as part of the U.S. Space Force and U.S. Air Force Strategic Funding Increase (STRATFI) program. The new funding, which equally matches government funding with private investment, comes as the company prepares for the second launch […]

It’s been nearly 6 months since Blue Origin’s 23rd suborbital launch experienced an anomaly, and the company has finally released the results of its investigation. The good news is the escape function worked great! But there was definitely a nozzle problem. The September flight, NS-23, was carrying a number of science payloads and no space […]