Redwire reported sharply higher first-quarter revenue on Monday while the company’s net loss shrunk to less than the amount for the same period last year.

Welcome to S-SPACⁱ. In this week’s edition, Virgin Galactic reported a wider first-quarter loss, Rocket Lab’s revenues and net loss both increased, BlackSky reported higher revenue, bankrupt Virgin Orbit received more than 30 expressions of interest from potential buyers, and Spire Global won a contract to begin work on a wildfire monitoring satellite.

Rocket Lab released an earnings report that showed both higher revenue and a larger net loss for the first quarter on Tuesday compared with the same period last year.

Virgin Galactic (NYSE: SPCE) released its earnings report after trading hours ended on Tuesday that revealed its net loss widened from $93.1 million to $159.4 million in the first quarter as the suborbital space tourism company ramped up spending to expand its vehicle fleet and prepared for its first revenue-generating passenger flight in late June.

Virgin Orbit, the now-bankrupt launch provider, announced it has received more than 30 “indications of interest” from parties seeking to acquire part or all of the business. The group includes “multiple parties that proposed to continue to operate the business as a going concern and retain current employees in an integrated enterprise,” the company said in a press release, indicating that a Virgin Orbit sale could close in the coming weeks. Meanwhile, a lien has been placed on the company’s Boeing 747, Cosmic Girl.

In this week’s Launch Roundup, Rocket Lab launched two satellites for NASA that will provide valuable data on hurricanes and tropical cyclones on Sunday, May 7 (Monday, May 8 in New Zealand).

Welcome to Biz Briefs. In this edition, Maxar is going private, a consortium of aerospace heavyweights will bid for Europe’s Starlink rival, Seraphim Space selects nine companies for its next business accelerator, ESA funds a study for a reusable heavy-lift launcher, Lockheed and Raytheon teams win defense contracts, AeroVironment receives a Mars helicopter contract, CesiumAstro to provide Raytheon with antennas, NASA awarded contracts for a weather satellite, and Thales Alenia Space conducted a cybersecurity demonstration with an active satellite.

Welcome to S-SPACⁱ. In this week’s edition, Astra Space and Terran Orbital plan fund raises, Terran Orbital celebrates a successful mission, Satellogic’s reported higher revenue, the sale of bankrupt Virgin Orbit is approved, BlackSky spots a Chinese airship, Spire Global offers a new service to customers, Virgin Galactic shakes up its board, and Intuitive Machines will celebrate its moon mission with custom cigars.

Amazon Web Services (AWS) has selected 14 startups from the United States, Austria, and France to participate in the 2023 AWS Space Accelerator.

Virgin Orbit (OTCMKTS: VORBQ) has received approval from the Delaware Bankruptcy Court to proceed with a sale later this month that could see a new owner in charge by early June. The company also released its 2022 financial results, which include data that chronicle its downward spiral.

In this week’s Launch Roundup, SpaceX leads all launch providers thus far in 2023 as the Elon Musk-led company has averaged one flight roughly every four days.

A group of five environmental and cultural-heritage non-profits has sued the Federal Aviation Administration (FAA) claiming the agency broke environmental law when it approved SpaceX’s Starbase spaceport for launches of the company’s Starship/Super Heavy rocket.