Tag: North America
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Former NASA Chief Bridenstine Named CEO of Quantum Space
Former NASA administrator Jim Bridenstine will become chief executive of Quantum Space, a company focused on in-orbit maneuverability and satellite servicing technologies. Bridenstine, who led NASA from 2018 to 2021, said the new role aligns with his background in national security and defense. “That’s where my background is, and where my heart is,” he said,…
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Vantor Secures $70 Million NGA Contract to Deliver GEOINT Platform
Vantor said on Monday it has received a $70 million award from the National Geospatial-Intelligence Agency (NGA) for the first option year of a programme providing access to a database of unclassified satellite and sensor-derived imagery. The award falls under NGA’s Global Enhanced GEOINT Delivery (G-EGD) programme, which the company—formerly known as Maxar—has managed for…
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Lockheed Martin Joins Seagate–Firefly Partnership on Sea-Based Launch Platform
Lockheed Martin is supporting a newly announced partnership between Seagate Space and Firefly Aerospace to develop a sea-based launch system centred on an offshore platform for the Alpha rocket. The initiative builds on a memorandum of understanding signed in April between Seagate Space and Firefly Aerospace to deploy Firefly’s Alpha launch vehicle from Seagate’s Gateway…
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STMicroelectronics Targets $3 Billion in Space Revenue on Growing LEO Demand
STMicroelectronics expects to generate more than $3 billion in revenue from its space-related business over the next three years, driven by growing demand in low-Earth orbit (LEO) satellite programs and continued collaboration with SpaceX. Speaking during a virtual presentation, Remi El-Ouazzane, president of Microcontrollers, Digital ICs and RF Products at STMicroelectronics, said the company’s LEO-related…
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Lt. Gen. Douglas Schiess Nominated as Next Space Force Chief
The U.S. Space Force said on Friday that Lt. Gen. Douglas Schiess has been nominated to serve as its next chief of space operations, the service’s top uniformed role. If confirmed, Schiess would become the third officer to hold the position since the Space Force was established in 2019, succeeding Jay Raymond and Chance Saltzman,…
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House Panel Advances $24.4 Billion NASA Budget, Rejecting Administration Proposal
U.S. lawmakers have taken an initial step to reject the administration’s proposed budget for NASA, with a House subcommittee advancing a funding bill that would significantly increase spending for the agency in fiscal year 2027. The House Appropriations Commerce, Justice, and Science Subcommittee approved a bill allocating $24.4 billion to NASA, above the administration’s $18.8…
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Starcloud Seeks $200 Million Funding as Orbital Data Center Ambitions Grow
Orbital data center startup Starcloud is seeking to raise at least $200 million in new funding, a move that could double its valuation to around $2.2 billion, according to a source familiar with the matter. The funding discussions, first reported by The Information, come about a month after the Redmond, Washington-based company announced a $170…
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SpaceX Launches Transporter-16 Mission Carrying 119 Payloads to Orbit
SpaceX launched its Transporter-16 rideshare mission from Vandenberg Space Force Base, sending 119 payloads into orbit in what the company said is its first rideshare flight of 2026. The mission carried a broad mix of satellites and technology demonstrators spanning Earth observation (EO), radio frequency (RF) sensing, communications and in-orbit services. Further details are expected…
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Starcloud Raises $170 Million to Advance Orbital AI Data Center Plans
Starcloud Inc., a startup developing space-based artificial intelligence infrastructure, said it has raised $170 million in a new funding round that values the company at $1.1 billion, as interest grows in alternatives to terrestrial data centers. The funding was secured in two tranches, with Benchmark leading the first and co-leading the second alongside EQT Ventures.…
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Rocket Lab Secures German Approval for Mynaric Acquisition
Rocket Lab said it has received regulatory clearance from Germany to proceed with its planned acquisition of Mynaric, with the transaction expected to close in April. The approval was granted by Germany’s Federal Ministry for Economic Affairs and Energy, enabling the company to move forward with the deal as part of its strategy to expand…