Dave Limp told an all-hands meeting that external funding is now on the table, weeks before SpaceX is expected to price the largest IPO in history at $1.75tn. The launch-cadence target is 100 a year. The cumulative bill so far is roughly $28bn. Blue Origin is preparing to take outside money for the first time […]
Rocket Lab’s revenue grew 64 per cent, its stock hit a record high, and its backlog reached 2.2 billion dollars. The company sold more launches in the first quarter of 2026 than in the entire previous year. The only thing that has not launched yet is the rocket the market is pricing in. First-quarter […]
Mike Massimino is a former NASA astronaut and veteran of two Space Shuttle missions.
GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed […]
There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In February 2022, a moderate storm knocked 40 freshly launched Starlink satellites out of orbit, […]
At 2:59 a.m. Eastern Time on 3 May, a SpaceX Falcon 9 rocket launched from Vandenberg Space Force Base carrying 45 satellites, three of which belonged to Planet Labs. Pelicans 7, 8, and 9 are the latest additions to Planet’s next-generation constellation of high-resolution Earth observation satellites, bringing the Pelican fleet to nine spacecraft. Each […]
SpaceX has spent more than $15 billion developing its Starship megarocket and is pushing for a launch cadence that would make space access resemble an airline schedule rather than a government programme, Reuters reported on Friday, drawing on the company’s confidential pre-IPO prospectus. The figure quantifies, for the first time, the cumulative cost of the […]
Founded in 2022 and formerly called Constellation Technologies & Operations, Univity is targeting a constellation of at least 1,600 satellites in very low Earth orbit, using telecom operators’ own 5G mmWave spectrum rather than competing with them. The Series A takes total financing to €68M across equity, debt, subsidies and contract revenues. Univity, the Paris-based […]
