Author: starpathwp-production
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Spanish Banks Finance PLD Space’s Miura 5 Launcher
A group of Spanish banks have backed PLD Space with a 31.2 million euro ($34 million) loan to fund the company’s Miura 5 space launch program. Banco Santander and EBN Banco are co-lead banks for the syndicated loan, which includes participation from the Instituto de Crédito Oficial (ICO). This financing is earmarked for the Miura…
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Spanish Banks Finance PLD Space’s Miura 5 Launcher
A group of Spanish banks have backed PLD Space with a 31.2 million euro ($34 million) loan to fund the company’s Miura 5 space launch program. Banco Santander and EBN Banco are co-lead banks for the syndicated loan, which includes participation from the Instituto de Crédito Oficial (ICO). This financing is earmarked for the Miura…
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Falcon 9 Suffers Rare Engine Failure, Losing Starlink Satellites
SpaceX’s Falcon 9 rocket suffered an engine failure during a Starlink mission on July 11, losing 20 Starlink satellites and triggering a Federal Aviation Administration (FAA) investigation. This is a rare incident for the rocket which hasn’t had a major failure since 2015. The mission took off from Vandenberg Space Force Base at 7:36 p.m.…
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Virgin Galactic Completes Construction of New Spaceship Manufacturing Facility in Arizona
Virgin Galactic Holdings, announced the completion of its new manufacturing facility in Mesa, Arizona (Greater Phoenix area), where final assembly of its next-generation Delta spaceships is scheduled to take place starting in Q1 2025. An initial team of Virgin Galactic technical operations and manufacturing personnel has begun preparing the facility to receive and install tooling,…
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Rocket Report: Chinese firm suffers another failure; Ariane 6 soars in debut
Welcome to Edition 7.02 of the Rocket Report! The highlight of this week was the hugely successful debut of Europe’s Ariane 6 rocket. They will address the upper stage issue, I am sure. Given Europe’s commitment to zero debris, stranding the second stage is not great. But for a debut launch of a large new…
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SpaceX’s unmatched streak of perfection with the Falcon 9 rocket is over
A SpaceX Falcon 9 rocket suffered an upper stage engine failure and deployed a batch of Starlink Internet satellites into a perilously low orbit after launch from California Thursday night, the first blemish on the workhorse launcher’s record in more than 300 missions since 2016. Elon Musk, SpaceX’s founder and CEO, posted on X that…
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Microchip Launches New 64-bit HPSC Microprocessor Family for Autonomous Space Computing
The world has changed dramatically in the two decades since the debut of what was then considered a trail-blazing space-grade processor used in NASA missions such as the comet-chasing Deep Impact spacecraft and Mars Curiosity rover vehicle. A report released by the World Economic Forum estimated that the space hardware and the space service industry…
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General Atomics Wins Space Force Contract for Second EWS Satellite
General Atomics Electromagnetic Systems (GA-EMS) has won a new contract from US Space Force’s (USSF) Space Systems Command (SSC) in the area of space weather. The deal aims to help alleviate U.S. government on-orbit risks through delivery of a second weather satellite and to provide three years of operations services for each of the two…
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General Atomics Wins Space Force Contract for Second EWS Satellite
General Atomics Electromagnetic Systems (GA-EMS) has won a new contract from US Space Force’s (USSF) Space Systems Command (SSC) in the area of space weather. The deal aims to help alleviate U.S. government on-orbit risks through delivery of a second weather satellite and to provide three years of operations services for each of the two…
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Booz Allen Ventures Invests in Satellite Automation Startup Quindar
Booz Allen Ventures invested in Quindar, an early-stage startup focused on automating satellite operations. Quindar has built a virtualized platform that the company says improves the ability to command cooperative fleets of spacecraft using non-proprietary technologies. The mission management platform currently operates multiple customers and assets in space. Quindar previously raised $8.5 million seed funding. …