Author: starpathwp-production
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For the second time this year, NASA’s JPL center cuts its workforce
Barely nine months after the last cut, NASA’s Jet Propulsion Laboratory will again reduce its workforce. On Wednesday, the lab will lay 325 employees off, representing about 5 percent of the workforce at the California-based laboratory that leads the development of robotic space probes for NASA. “This is a message I had hoped not to…
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Starfish Space raises $29M to bankroll development of orbital servicing vehicles
An artist’s conception shows an Otter spacecraft in orbit. (Starfish Space Illustration) Tukwila, Wash.-based Starfish Space today announced that it has raised $29 million to support the development of its first three Otter orbital servicing vehicles for missions serving the U.S. Space Force, NASA and Intelsat. The investment round was led by Shield Capital, a…
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Firefly Aerospace Secures $175M in Oversubscribed Series D Funding with New Lead Investor
Firefly Aerospace, a leading company in end-to-end responsive space services, announced it closed an oversubscribed $175 million Series D round at a valuation of more than $2 billion. The Series D round was led by new investor, RPM Ventures, a venture capital firm that has been investing in revolutionary, category-defining companies for more than two…
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Sierra Space Completes Preliminary Design Review for SDA’s Missile Tracking Satellites
Sierra Space, a commercial space company and defense-tech prime that is Building a Platform in Space to Benefit Life on Earth and protect economic freedom in the Orbital Age announced today the successful completion of the Preliminary Design Review (PDR) for the missile warning and tracking satellites the company is developing for the Space Development…
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Spire to Sell Maritime Business to Kpler in $241M Deal
Photo: Spire Global. Spire Global plans to sell its maritime business to Kpler in a $241 million deal that will pay off all of the company’s debt. Kpler is a data and analytics platform for trade intelligence headquartered in Brussels, Belgium. The company plans to integrate Spire Maritime’s technology and automatic identification system (AIS) vessel…
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Rocket Lab Signs First Neutron Launch Contract, Posts 55% Growth in Q3
Rocket Lab announced its first launch deal for the upcoming medium-lift Neutron rocket — a multi-launch agreement with an unnamed commercial satellite constellation operator. Rocket Lab announced the deal on Tuesday along with its third quarter financial results, posting 55% year-over-year growth. The company’ stock price surged 50% on Wednesday after the news. Under the…
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KONGSBERG to Launch Microsatellite for Enhanced Maritime Surveillance in Norway
Kongsberg Defence & Aerospace has signed a contract with the European Space Agency (ESA) for the realization of one satellite for the precursors mission of the Arctic Ocean Surveillance (AOS) project that will deliver space-based maritime surveillance services for the Norwegian Government. This AOS mission was initiated by the Norwegian Space Agency (NOSA) and is…
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RTX’s Raytheon Lower Tier Air and Missile Defense Sensor Excels Complex Live Fire Test
Raytheon, an RTX business, has announced that its Lower Tier Air and Missile Defense Sensor, or LTAMDS, successfully completed its most complex live-fire exercise to date, detecting and defeating a tactical ballistic missile. Achieving all objectives, the milestone is the latest in a rigorous U.S. Army test program, advancing towards fielding the 360-degree, full sector…
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Eutelsat to Integrate New Energy Tech into its Broadband Offerings in Africa
Eutelsat Group will partner with Clear Blue Technologies, a smart energy solutions provider, that will see the two companies work expand and improve connectivity solutions across Africa. Eutelsat said this collaboration will help deliver energy-efficient connectivity solutions to rural and remote communities where access to stable electricity remains a hurdle. Eutelsat will integrate Clear Blue’s energy…