Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s proposal submitted last week values Terran … Read more
Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. Astra co-founders Chris Kemp and Adam London – CEO and CTO, respectively – signed an agreement with the company’s board to acquire all outstanding common stock … Read more
Terran Orbital’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Lockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing on Friday. The nonbinding proposal would see Lockheed acquire Terran Orbital’s outstanding common stock at $1 a share in cash, as … Read more
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 on Friday, after the agency’s auditor criticized the program’s lead contractor Maxar for poor performance. The space agency said in a statement that the OSAM-1, or “On-orbit Servicing, Assembly, … Read more
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
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, on Nov. 18, 2023. Joe Skipper | Reuters The Federal Aviation Administration on Monday announced the close of its investigation alongside SpaceX into the second Starship flight, as Elon … Read more
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
Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines surged in premarket trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday â as well as … Read more
The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Lunar company Intuitive Machines is going for history on Thursday as it attempts to reach the moon’s surface in what would be the first American lunar landing since the Apollo era. Intuitive Machines’ mission, known as IM-1, aims to soft land near … Read more
Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and with its IM-1 mission on the … Read more
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