Paris, France (SPX) Jan 10, 2025
Novaspace, a prominent space consulting and market intelligence firm, has unveiled the 11th Edition of its Space Economy Report, projecting a significant growth trajectory for the global space economy. The report anticipates an increase from $596 billion in 2024 to $944 billion by 2033, driven largely by the advancement of downstream applications, signaling a transformative decade for the sector

Los Angeles CA (SPX) Jan 10, 2025
The Orion crew module, designated as the Orion Environmental Test Article (ETA), has returned to NASA's Kennedy Space Center in Florida after an extensive 11-month test campaign at the Neil Armstrong Test Facility in Sandusky, Ohio. The spacecraft's arrival on December 21, 2024, marks another step in preparing for future Artemis missions. This is a return visit to Kennedy for the ETA. Afte

Los Angeles CA (SPX) Jan 10, 2025
NASA is preparing to showcase a cutting-edge sample collection method on the Moon as part of its ongoing efforts to revolutionize planetary exploration. The Lunar PlanetVac (LPV), a key technology demonstration payload, will be carried to the lunar surface aboard Firefly Aerospace's Blue Ghost 1 lander. This mission falls under the agency's Commercial Lunar Payload Services (CLPS) initiative, ai

Berlin, Germany (SPX) Jan 10, 2025
ReOrbit, a prominent provider of software-driven satellites for secure communications, has formalized a Memorandum of Understanding (MoU) with Ananth Technologies, a leading Indian aerospace and defense manufacturer. This strategic agreement aims to explore joint initiatives in the design and development of geostationary orbit (GEO) communications satellites. The partnership, outlined in t

Los Angeles CA (SPX) Jan 10, 2025
Rocket Lab USA, Inc. (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), a global leader in space systems and launch services, has been selected as part of a team led by Kratos Defense and Security Solutions, Inc. (Nasdaq: KTOS) ("Kratos") for a major Department of Defense (DoD) contract. The five-year Other Transaction Agreement (OTA) for the Multi-Service Advanced Capability Hypersonic Test Bed (M

Sydney, Australia (SPX) Jan 10, 2025
SIIS Co., Ltd. (CEO Kim Moon-Gyu) has formalized a memorandum of understanding (MOU) with Pixxel, a US-India-based space technology enterprise known for its hyperspectral satellite constellation. The agreement, signed on November 19th during the Satellite Utilization Conference, paves the way for introducing hyperspectral satellite data to Korean institutions and businesses. Pixxel's advan

Image: In a materials world

ESA is starting 2025 with a budget slightly less than in 2024 as it finalizes a package of programs that will likely require major budget increases.

The launch marks the seventh deployment in the NRO's new "proliferated architecture" strategy, which emphasizes smaller, distributed satellite networks