• $2.8 million net income for fourth quarter
• $117.75 million net loss for the year
• $27.5 million in revenues for fourth quarter
• $62.2 million in revenues for the year

LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced financial results for its fiscal fourth quarter and full year ended December 31, 2021.

New satellite will support weather forecasts for the U.S. West Coast, Hawaii and Alaska

SILVER SPRING, Md. (NOAA PR) — NOAA’s GOES-T, the third in a series of four advanced geostationary weather satellites, blasted into orbit aboard a United Launch Alliance Atlas V 541 rocket at 4:38 p.m. ET today from Cape Canaveral, Florida. GOES-T’s mission managers confirmed that its solar arrays successfully deployed at 8:28 p.m. EST, and the satellite was operating on its own power.

AUSTIN, Texas (CesiumAstro PR) — CesiumAstro Inc. (“Cesium” or “Company”), a developer of advanced aerospace communication systems, today announced it has secured $60 million in an oversubscribed Series B funding round, co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX). Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO (NYSE: HEI).

CesiumAstro has raised nearly $90 million in capital since its founding in 2017. With this latest financing, Cesium will accelerate the growth of its core research, development, and rapid manufacturing capabilities, and expand its facilities both domestically and abroad.

by Douglas Messier
Managing Editor

In what is likely the first hostage drama involving communication satellites, the head of the Russian space program has demanded that the British government divest its shares in OneWeb and that the broadband satellite operator not provide services to foreign militaries in order to launch a new batch of spacecraft. The move comes amid growing tensions over Russia’s invasion of Ukraine and sanctions imposed on the country by western nations.

Roscosmos Director General Dmitry Rogozin tweeted that unless these demands are met, Russia will refuse to launch 36 OneWeb satellites that sit atop a Soyuz-2.1b rocket currently on the launch pad at the Baikonur Cosmodrome in Kazakhstan. The launch is scheduled for Saturday morning Moscow time.

GRANTOWN ON SPREY, Scotland (SaxaVord UK Spaceport PR) — SaxaVord UK Spaceport has broadened its reach into the European launch market, agreeing a deal with French small launch rocket developer Venture Orbital Systems. 

Saxa and VOS have signed a Memorandum of Understanding and intend to develop plans for first launch in 2024. 

WASHINGTON (NASA PR) — Romania has become the 16th country to sign the Artemis Accords, affirming its commitment to a common set of principles to guide cooperation among nations participating in 21st century space exploration.

IPCC report includes dire warning for future of humanity

BERLIN, Feb 28 (IPCC PR) – Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least able to cope are being hardest hit, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released today.

Satellites to provide continuous early-warning missile detection coverage over the northern hemisphere

REDONDO BEACH, Calif., March 1, 2022 (Northrop Grumman PR) – Northrop Grumman Corporation (NYSE: NOC) and Ball Aerospace will design and develop the two mission payloads for the U.S. Space Force’s Next Generation Overhead Persistent Infrared Polar (NGP) program.

by Douglas Messier
Managing Editor

NASA is funding research into small, agile systems known as ReachBots designed to explore the caves beneath the surface of Mars.

ULA and heritage vehicles have launched every GOES spacecraft

CAPE CANAVERAL SPACE FORCE STATION, Fla., March 1, 2022 (ULA PR) – A United Launch Alliance (ULA) Atlas V rocket carrying the GOES-T spacecraft for the National Oceanic and Atmospheric Administration (NOAA) and NASA lifted off on March 1 at 4:38 p.m. EST from Space Launch Complex-41 at Cape Canaveral Space Force Station. To date ULA has launched 149 times with 100 percent mission success.

GRANTOWN ON SPREY, Scotland (SaxaVord UK Spaceport PR) — Construction of the UK’s first vertical launch spaceport is scheduled to begin in late March after it received planning approval from its local authority, Shetland Islands Council.  

The approval provides Scottish Ministers with a 28-day window to review the application by SaxaVord UK Spaceport. Should Scottish Ministers choose not to call the application in for review, or call it in and agree that the project should proceed, construction of the £43m [USD $57.3 million] spaceport can begin.  

Lockheed Martin UK welcomes the approval from Shetland Islands Council to build the SaxaVord spaceport that will allow the company to deliver the UK’s first ever vertical space launch.

Harwell, Oxford, UK, February 28, 2022 (Lockheed Martin PR) – Lockheed Martin UK welcomes the approval from Shetland Islands Council to build the SaxaVord spaceport that will allow the company to deliver the UK’s first ever vertical space launch.