Planet PL lays off about 10%, company restructures
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Satellite-imagery and data-analysis company Planet …
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SpaceX was close to breaking NASA Gemini record with Falcon launches
(L)A SpaceX Falcon Heavy rocket stands at pad 39A at the Kennedy Space Center several hours before a scheduled launch in Cape Canaveral, Florida, and (R) A Falcon 9 rocket …
Boeing has lost $1.5 billion developing Starliner spacecraft for NASA
Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. NASA Boeing on Wednesday reported a $257 million charge …
Space Force raises the stakes in NSSL race for military launches
A Falcon Heavy rocket launches the USSF-67 mission on January 15, 2023 from NASA’s Kennedy Space Center in Florida. SpaceX The U.S. military is raising the stakes — and widening …
Signs of stabilizing after steady decline
Senior satellite technician Chris Summers completes the final pre-flight checks on satellites Kepler-16 and Kepler-17. Kepler Communications Private investment in space companies, especially from venture capital, showed “signs of stabilization” …
Elon Musk’s SpaceX near $150 billion valuation after stock sale
The valuation of Elon Musk’s SpaceX hit near $150 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and …
Viasat stock drops after satellite malfunction
A long-exposure photo shows a trail left by SpaceX’s Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat Viasat‘s stock dropped in after-hours …
Jeff Bezos’ Blue Origin BE-4 rocket engine explodes during testing
A test of a BE-4 engine at Blue Origin’s Launch Site One facility in West Texas, Aug. 2, 2019. Blue Origin A Blue Origin rocket engine exploded during testing last …
Astra plans reverse stock split, seeks to raise up to $65 million
Astra CEO Chris Kemp speaks inside the company’s headquarters during its Spacetech Day, May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and small rocket builder Astra plans to …