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April 14, 2021

Space industry

DARPA awards nuclear spacecraft contracts to Lockheed Martin, Bezos’ Blue Origin and General Atomics

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CNBC – For more and to sign up click here An artist’s rendering of a DRACO spacecraft. DARPA The Pentagon’s research and development arm on Monday awarded a trio of companies with contracts to build and demonstrate a nuclear-based propulsion system on a spacecraft in orbit by 2025. General Atomics,......

Northrop Grumman robotic MEV-2 spacecraft, in a first, catches active Intelsat satellite

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CNBC – For more and to sign up click here The view from Northrop Grumman’s MEV-2 spacecraft as it approached to dock with Intelsat satellite IS-1002. Intelsat Two aerospace firms accomplished an industry first on Monday, as a small Northrop Grumman spacecraft docked successfully with an active Intelsat satellite to......

One ETF analyst’s word of caution for investors piling into Ark’s Space Exploration fund

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CNBC – For more and to sign up click here Space is the place, and Ark Invest is moving in. The investment firm led by Cathie Wood has seen over half a billion dollars flow into the Space Exploration and Innovation ETF (ARKX) it launched on March 30, with some......

SpaceX does not plan to add ‘tiered pricing’ for Starlink satellite internet service, president says

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CNBC – For more and to sign up click here SpaceX president and COO Gwynne Shotwell wants what SpaceX is doing to “reinvigorate the industry,” while also getting “young children thinking about being in the space industry again.” Kimberly White | Vanity Fair | Getty Images SpaceX president Gwynne Shotwell......

Ark Invest’s space exploration ETF ARKX begins trading today, slips 1%

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CNBC – For more and to sign up click here Trading in the new space exploration ETF from Ark Invest began on Tuesday, as Cathie Wood’s firm looks to tap the growing space industry. “Space is already an invisible backbone to our economy and we think that’s only going to......

SpaceX Starship prototype appears to crash upon landing after another clean, uncrewed launch

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CNBC – For more and to sign up click here The latest SpaceX prototype of its Starship rocket appears to have been destroyed during a landing attempt after a clean launch on Tuesday. The company’s livestream of the flight test froze as it came in to land, and thick fog......

Watch SpaceX attempt to launch and land Starship rocket SN11, its second prototype flight this month

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CNBC – For more and to sign up click here [This livestream is expected to begin shortly. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Tuesday, in the second high-altitude......

Virgin Galactic unveils ‘VSS Imagine,’ the first of its next-generation spaceship series

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CNBC – For more and to sign up click here The first SpaceShip III vehicle, VSS Imagine. Virgin Galactic Virgin Galactic on Tuesday unveiled the latest spacecraft addition to its fleet, VSS Imagine, with the spacecraft representing the first of its next-generation SpaceShip III class of vehicles. The rollout of......

SpaceX should be forced to comply with Justice Department subpoena in probe of company’s hiring practices, judge recommends

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CNBC – For more and to sign up click here A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images SpaceX should be forced to comply with a subpoena from the......

Cathie Wood’s ARK Invest launches a space exploration ETF, to begin trading Tuesday

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CNBC – For more and to sign up click here Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration......

NASA wants companies to develop and build new space stations, with up to $400 million up for grabs

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CNBC – For more and to sign up click here SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA The National Aeronautics and Space Administration last year marked two decades of astronauts continuously onboard the International Space Station. But, as the floating research......

Satellite imagery shows work underway to free ship Ever Given in the Suez Canal

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CNBC – For more and to sign up click here Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday......

Space infrastructure conglomerate Redwire to go public via a SPAC

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CNBC – For more and to sign up click here Redwire chief operating officer Andrew Rush shows former NASA administrator Jim Bridenstine a spacecraft model of subsidiary Made In Space. Redwire Space Space infrastructure conglomerate Redwire Space is preparing to go public, announcing Thursday that it is the latest in......

Satellite imagery shows mega container ship blocking Egypt’s Suez Canal

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CNBC – For more and to sign up click here Satellite imagery captured on March 23, 2021 shows the cargo container ship Ever Given blocking the Suez Canal in Egypt. Planet Labs Satellite imagery gives another perspective on the developing situation in Egypt’s Suez Canal, where a mega cargo container......

Lockheed Martin partners with satellite start-up Omnispace to build a space-based 5G network

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CNBC – For more and to sign up click here A rendering of Lockheed Martin’s 400 series satellite buses, which range from 400 kg to 800 kg in weight. Lockheed Martin Lockheed Martin‘s space division on Tuesday announced a strategic interest agreement with satellite start-up Omnispace, “to explore jointly developing......

SpaceX engineer pleads guilty to DOJ charges of insider trading with material bought on the dark web

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CNBC – For more and to sign up click here SpaceX headquarters in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images A SpaceX engineer pleaded guilty to a Department of Justice charge of insider trading, the agency announced on Thursday, after using information obtained on the dark web......

SpaceX prepares for Air Force test connecting an aircraft to its Starlink satellite internet

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CNBC – For more and to sign up click here Edwards Air Force Base is seen in California’s Mojave Desert in this photo taken by an astronaut on the International Space Station. NASA Elon Musk’s SpaceX is preparing to further test its Starlink satellite internet in a demonstration for the......

Elon Musk wants to connect RVs and trucks to the internet through SpaceX’s Starlink satellites

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CNBC – For more and to sign up click here Tesla Chairman and CEO Elon Musk unveils the new ‘Semi’ electric Truck to buyers and journalists on November 16, 2017 in Hawthorne, California, near Los Angeles. Veronique Dupont | AFP | Getty Images SpaceX is working on an antenna that......

Jeff Bezos visited the new headquarters of Relativity Space, the 3D-printing rocket builder

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CNBC – For more and to sign up click here The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of......

Chamath Palihapitiya sells remaining personal stake in Virgin Galactic, worth about $213 million

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CNBC – For more and to sign up click here Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through......

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