Kam Ghaffarian sets his sights on the stars with space companies

Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle on Mars to make humanity multi-planetary. IBX’s Kam Ghaffarian wants to go even further: the stars. “There’s this common denominator of combining altruism, to do something … Read more

Denver-Boulder area benefits from burgeoning aerospace industry

These giant white structures called radomes at Buckley Space Force Base in Colorado house massive satellite dishes. CNBC This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. In the shadow of the Rocky … Read more

Sierra Space CEO talks IPO plans, satellite launch and Dream Chaser

A render of Sierra Space’s Velocity satellite bus Credit: Sierra Space Amid preparations for its spaceplane’s maiden flight and an initial public offering as soon as next year, Sierra Space is expanding its satellite offerings.   Ahead of the much-anticipated solar eclipse, the commercial space unicorn unveiled its aptly named Eclipse line of satellite buses … Read more

Royal Astronomer Calls Elon Musk’s Mars Plan A ‘Dangerous Illusion’

Space X CEO and certified brain genius Elon Musk has claimed in the past that he aims to load a million people into space ships and launch them at Mars before 2050. The space company run by the second-richest man in the world says that colonizing Mars is “necessary for the long-term survival of the … Read more

Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year … Read more

SpaceX Starship rocket launches third test flight

[A livestream from SpaceX of commentary and the launch is slated to start at 8:52 a.m. ET. Please refresh the page if you do not see the video player above.] SpaceX is set to attempt a third test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth … Read more

SpaceX cleared to attempt third Starship launch Thursday

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is prepared for a third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on March 13, 2024. Joe Skipper | Reuters Elon Musk’s SpaceX is preparing to launch its third Starship test flight as soon as Thursday morning … Read more

NASA shuts down Maxar-led OSAM-1 satellite refueling project

A “grapple test” of the spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency’s auditor criticized the program’s lead contractor, Maxar, citing “poor performance.” The space agency said in a statement that the OSAM-1 — On-orbit Servicing, Assembly, and … Read more

Rocket Lab (RKLB) Q4 2023 results: Contract backlog grows

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab is making steady progress on development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion. The space company reported a net loss of $50.5 million, … Read more

First images from Intuitive Machines’ Odysseus

Intuitive Machines CEO Steve Altemus explains how the company’s IM-1 lander tipped over on the moon’s surfacing during a NASA press conference on Feb. 22, 2023. NASA TV Intuitive Machines’ cargo lander, Odysseus, returned its first images from the moon’s surface over the weekend, as the spacecraft settles in to its lunar destination. The company’s … Read more