Tag: Rocket Propulsion
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L3Harris Awarded $6 Billion Seven-Year Contract to Expand THAAD Missile Defense Propulsion Production
On Sept. 29, 2026, defense aerospace contractor L3Harris Technologies received an undefinitized contract valued at over $6 billion from Lockheed Martin. The seven-year award finances a multi-facility manufacturing expansion to scale solid and liquid propulsion production for the Terminal High Altitude Area Defense (THAAD) ballistic missile interceptor system. THAAD System Context and Production Rationale The…
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Blue Origin to Study Historic AFRL Rocket Engine Hardware Under Expanded CRADA
Blue Origin and the Air Force Research Laboratory’s Rocket and Space Propulsion Division have signed a Cooperative Research and Development Agreement giving the company access to advanced propulsion hardware, engineering data and technical artifacts developed under two historic U.S. Air Force rocket engine programs. The material from the Hydrocarbon Boost and Integrated Powerhead Demonstrator programs…
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The Exploration Company Raises $450 Million for Nyx Space Capsule and Storm Rocket Engine
European space logistics startup The Exploration Company has raised $450 million (€387 million) in Series C funding to advance its reusable Nyx cargo capsule and Storm rocket engine. Announced on September 8, the financing brings the company’s total funding since its establishment in 2021 to approximately $680 million. The round was co-led by U.S. venture…
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Stoke Space Raises $1 Billion, Targets Early 2027 Debut for Fully Reusable Nova Rocket
Stoke Space announced on September 8 that it completed the initial closing of a $1 billion Series E financing round, bringing its total capital raised to $2.3 billion. The Kent, Washington-based company will use the funding to prepare its fully reusable Nova Pathfinder rocket for a first orbital launch in early 2027, expand production and…
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PALLAS-1 Completes Successful Maiden Flight: Why Did Galactic Energy Stick With LOX/Kerosene?
On the morning of September 1, PALLAS-1 Y1 lifted off from Jiuquan and successfully entered its planned orbit. For Galactic Energy, the mission marked not only the debut of a new launch vehicle, but also the company’s transition from small solid-fuel rockets to a medium-lift liquid-fuel rocket. The rocket also embodies a choice that is…
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SSC Space Launches SubOrbital Express-5 Mission Carrying 12 Microgravity Experiments
SSC Space successfully launched its SubOrbital Express-5 mission on 31 May from the Esrange Space Centre in northern Sweden, carrying 12 scientific and commercial experiments designed to operate in microgravity conditions. The sounding rocket reached an altitude of approximately 260 kilometres and provided researchers with around six and a half minutes of microgravity during the…
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Impulse Space Raises $500 Million to Expand In-Space Transportation Business
Impulse Space has raised $500 million in a Series D funding round, bringing the company’s total funding to more than $1 billion since its founding five years ago. The California-based company said the new capital will support hiring, expand vehicle development programs and help meet growing demand for in-space transportation services. Growing Demand for Space…
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Avio Secures $65M U.S. Contract for Solid Rocket Motor Development
Avio announced on 6 March that it has secured a $65 million contract from Defense Systems and Solutions for the development, qualification and initial production of solid rocket motors for air defence applications. Defense Systems and Solutions is a joint venture between Yulista Integrated Solutions and Science and Engineering Services. The contract covers a three-year…