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Space industry

Russia’s Luna-25 spacecraft suffers technical glitch in pre-landing maneuver

by Walter Watson
Russia’s Luna-25 spacecraft suffers technical glitch in pre-landing maneuver

A Soyuz-2.1b rocket booster with a Fregat upper stage and the lunar landing spacecraft Luna-25 blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, …

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SpaceX reported a profit in the first quarter, WSJ says

by Anas Siddiqui
SpaceX reported a profit in the first quarter, WSJ says

A Falcon Heavy rocket launches the USSF-67 mission from NASA’s Kennedy Space Center in Florida, Jan. 15, 2023. SpaceX SpaceX turned a profit during the first quarter due to surging …

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BAE buys Ball Aerospace for $5.6 billion

by Anas Siddiqui
BAE buys Ball Aerospace for .6 billion

The Ball Aerospace-manufactured Weather System Follow-on-Microwave (WSF-M) satellite for the U.S. Space Force. Ball Corporation Ball Corporation agreed to sell its aerospace division to U.K. defense contractor BAE Systems for …

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Telesat swaps internet satellite suppliers to save $2 billion

by Anas Siddiqui
Telesat swaps internet satellite suppliers to save  billion

A rendering of Telesat’s low earth orbit broadband constellation Telesat Shares of Canadian telecommunications satellite operator Telesat surged on Friday after the company announced it would swap suppliers for its …

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Virgin Galactic launches Galactic 02 spaceflight

by Anas Siddiqui
Virgin Galactic launches Galactic 02 spaceflight

[The livestream is slated to begin at 11 a.m. ET. Please refresh the page if you do not see the video player above.] Virgin Galactic aims to fly its second …

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Viasat VSAT Q1 earnings report

by Anas Siddiqui
Viasat VSAT Q1 earnings report

Viasat offices are shown at the company’s headquarters in Carlsbad, California, March 9, 2022. Mike Blake | Reuters Viasat reported a jump in quarterly revenue Wednesday, as the company continues …

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Charlie Ergen’s Dish and EchoStar merging to expand telecom empire

by Anas Siddiqui
Charlie Ergen’s Dish and EchoStar merging to expand telecom empire

Billionaire Charlie Ergen is consolidating his telecommunications empire, merging his satellite and broadband services companies Dish Network and EchoStar in an all-stock deal. “This is a strategically and financially compelling …

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Rocket Lab (RKLB) Q2 earnings report

by Anas Siddiqui
Rocket Lab (RKLB) Q2 earnings report

Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second …

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Boeing resets Starliner’s first crewed spaceflight target for March

by Walter Watson
Boeing resets Starliner’s first crewed spaceflight target for March

Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. Boeing Boeing said Monday it aims to be ready …

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Redwire (RDW) space company Q2 earnings

by Anas Siddiqui
Redwire (RDW) space company Q2 earnings

A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021. Source: NYSE Space infrastructure company Redwire said Monday that it nearly erased its net losses …

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