Tag: Aerospace Industry
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PLD Space Invests €35 Million in Launch Complex at Guiana Space Centre
PLD Space has announced plans to invest €35 million ($40.8 million) in the development of its launch complex at the Guiana Space Centre (CSG) in Kourou, French Guiana. The investment will be carried out between 2025 and 2026 and is intended to support the company’s upcoming Miura 5 launch vehicle program. First Private Operator at…
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SpaceX Targets $75 Billion Raise in Planned Nasdaq IPO at $135 Per Share
SpaceX has set a fixed price of $135 per share for its planned initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The company plans to sell 555.6 million shares, which would raise approximately $75 billion. Underwriters have the option to purchase an additional 83.33 million shares, potentially increasing the…
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Muon Space Unveils Condor-Ultra Satellite Platform for Orbital Data Center Applications
Muon Space has introduced Condor-Ultra, a new high-power satellite platform designed to support emerging orbital computing, networking and space infrastructure applications. The platform expands the company’s Condor family of spacecraft, which already includes the Condor-M and Condor-XL satellite platforms. Designed for High-Power Space Missions Condor-Ultra is designed to deliver significantly more power than Muon Space’s…
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Blue Origin to Expand Florida Rocket Campus With $600 Million Investment
Blue Origin will invest $600 million to expand its Rocket Park campus at Cape Canaveral Spaceport, a project expected to create 500 aerospace jobs on Florida’s Space Coast, according to an announcement by Ron DeSantis. The expansion includes plans for an approximately 830,000-square-foot upper-stage manufacturing facility intended to increase the company’s rocket production and orbital…
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Austrian Startup Tumbleweed Ships First Commercial Satellite Ahead of July Launch
Vienna-based startup Tumbleweed has shipped its first satellite, Oasis Alpha, to launch services provider Exolaunch ahead of a planned launch in July, marking what the company says is Austria’s first fully commercial satellite mission. The milestone comes less than a year after Tumbleweed was founded in 2024, highlighting the company’s goal of simplifying access to…
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Observable Space Raises $90 Million Series A to Expand Space Tracking and Optical Systems
Observable Space has secured $90 million in Series A funding to expand production of its optical and laser-based space systems, while also supporting international growth beyond the United States. The funding round was led by Lux Capital and co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital and RTX Ventures. BRV Capital Management and…
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SpaceX Launches Starship V3 in Major Test Flight Ahead of Planned IPO
SpaceX has launched its new Starship V3 rocket in a high-profile test flight from Texas after an earlier launch attempt was postponed because of a launch-tower malfunction. The uncrewed rocket lifted off shortly after 17:30 local time on Friday, marking the first flight of the latest Starship configuration, which stands approximately 124 meters tall. According…
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York Space Systems to Acquire Solar Cell Maker Solestial
York Space Systems has signed a definitive agreement to acquire Solestial as the company continues a broader strategy to strengthen control over key spacecraft technologies and supply chains. Financial terms of the transaction were not disclosed. The acquisition marks York’s third announced deal this year following its planned $355 million acquisition of satellite terminal manufacturer…
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Vast Expands Into Satellite Bus Market With High-Power Spacecraft Platform
Vast said it will enter the satellite bus market with a new high-power spacecraft platform aimed at commercial, Earth observation and national security missions. The company announced plans to offer a 15-kilowatt-class satellite bus designed for high-volume and lower-cost deployment across a range of orbital applications. Vast also said customers will have the option to…
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ESA Chief Calls for Independent European Human Spaceflight Capability
European Space Agency Director General Josef Aschbacher has called for Europe to establish its own independent human spaceflight capability, arguing that the continent has become overly dependent on decisions made by foreign partners. In an opinion article published on May 18, Aschbacher said recent changes to the United States’ Artemis programme architecture and Europe’s reduced…