This story is part of our Chief Innovation Officer Forecast series with Quartz, a business report from the front lines of the future.
In the latest twist in the satellite industry, Boeing has decided to forfeit its license for a low Earth orbit (LEO) satellite constellation, a project that would’ve competed with SpaceX’s Starlink network.
While traditional giants like Northrop Grumman and United Launch Alliance continue to contribute to space exploration with decades of experience, a new wave of ambitious and pioneering companies is rising.
Rocket Lab’s Electron rocket launched seven satellites to orbit for its latest mission before its booster gently glided its way back down for a parachute-assisted ocean splashdown to test its reusability.