Welcome to S-SPACi! In this edition, Astra announced a reverse stock split and filed to sell more shares, Redwire filed to raise $400 million, Rocket Lab CEO Peter Beck plans to sell millions in stock, Rocket Lab won a contract for four HASTE launches, Planet Labs and SatixFy reported higher revenues, Virgin Galactic completed another commercial flight, Terran Orbital doubled its satellite production capacity, and Satellogic announced a new partnership.
(more…)A new economic impact study has found that Spaceport America, a commercial spaceport located in New Mexico, contributed $138 million in economic output, $45.8 million in labor income, and $60.4 million in value-added production to the state’s economy in 2022.
(more…)Welcome to Biz Briefs! In today’s edition, India is in talks with Blue Origin to use the Orbital Reef space station, ArianeGroup fired a reusable rocket stage with a reusable engine, Spaceport Nova Scotia plans its first launch, Venturi Group reinvents the wheel for lunar rovers, 2022 was a record year for commercial satellites, and much more.
(more…)Virgin Galactic (NYSE: SPCE) capped off nearly 19 years of effort by flying its first commercial mission with paying customers from Spaceport American in New Mexico on Thursday (June 29). However, while the VSS Unity rocket plane soared into the heavens on a research flight, the company’s stock declined by almost 11 percent.
(more…)Welcome to S-SPACi. This week, we say goodbye to Virgin Orbit, sister company Virgin Galactic prepares for its first launch in nearly two years, BlackSky and Spire Global team up to track ships, AST SpaceMobile will join two Russell indexes, Planet Labs announces two artificial intelligence partnerships, Redwire wins a contract to develop a 3D bioprinter, and SatixFy’s beam-hopping communications system is launched into orbit.
(more…)Welcome to Biz Briefs. In this edition, EnduroSat and Orbital Outpost X succeed in raising new funds, Satelantis took a controlling interest in SuperSharp, Swedish Space Corporation received two contracts and established a subsidiary in Italy, Quub signs up for Phantom Space launches, construction began on Sutherland Spaceport in Scotland, and much more.
(more…)Welcome to S-SPACi. In this week’s edition, Momentus and Astra say there are serious doubts about their long-term survival, Terran Orbital and Redwire saw first-quarter revenue increases, Virgin Galactic has set a date for its next launch, and Virgin Orbit entered into a stalking horse agreement for the purchase of its Boeing 747 aircraft.
(more…)Virgin Galactic is set to conduct the first suborbital flight of its VSS Unity spacecraft in nearly two years on May 25. The flight test, to be held at Spaceport America in New Mexico will be the final one before the company begins carrying paying passengers late next month.
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