Tag: Commercial Spaceflight
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PLD Space Invests €35 Million in Launch Complex at Guiana Space Centre
PLD Space has announced plans to invest €35 million ($40.8 million) in the development of its launch complex at the Guiana Space Centre (CSG) in Kourou, French Guiana. The investment will be carried out between 2025 and 2026 and is intended to support the company’s upcoming Miura 5 launch vehicle program. First Private Operator at…
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SpaceX Targets $75 Billion Raise in Planned Nasdaq IPO at $135 Per Share
SpaceX has set a fixed price of $135 per share for its planned initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The company plans to sell 555.6 million shares, which would raise approximately $75 billion. Underwriters have the option to purchase an additional 83.33 million shares, potentially increasing the…
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Muon Space Unveils Condor-Ultra Satellite Platform for Orbital Data Center Applications
Muon Space has introduced Condor-Ultra, a new high-power satellite platform designed to support emerging orbital computing, networking and space infrastructure applications. The platform expands the company’s Condor family of spacecraft, which already includes the Condor-M and Condor-XL satellite platforms. Designed for High-Power Space Missions Condor-Ultra is designed to deliver significantly more power than Muon Space’s…
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Observable Space Raises $90 Million Series A to Expand Space Tracking and Optical Systems
Observable Space has secured $90 million in Series A funding to expand production of its optical and laser-based space systems, while also supporting international growth beyond the United States. The funding round was led by Lux Capital and co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital and RTX Ventures. BRV Capital Management and…
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ISpace Raises $730 Million To Accelerate Reusable Rocket Development
Chinese commercial space company ISpace has raised about 5 billion yuan ($730 million) in a funding round it described as the largest to date for a private aerospace firm in China, as demand for satellite launches surges. The Beijing-based company, formally known as Interstellar Glory Aerospace Science and Technology, said the Series D++ round closed…
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NASA Awards Axiom Fifth Private Astronaut Mission to ISS, Targeting 2027 Launch
NASA has awarded Axiom Space its fifth private astronaut mission to the International Space Station, reinforcing the agency’s strategy to expand commercial participation in low Earth orbit as it prepares for future missions beyond Earth. The mission, known as Axiom Mission 5, is scheduled to launch no earlier than January 2027 from Kennedy Space Center.…
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China Eyes Space-Based AI Data Centres, Setting Up Rivalry With SpaceX
China plans to deploy space-based artificial intelligence data centres within the next five years, state media reported, as Beijing steps up efforts to combine space technology and advanced computing in a move that could directly challenge initiatives outlined by SpaceX. China’s main space contractor, China Aerospace Science and Technology Corporation (CASC), said it will work…
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China Space Contractor Targets Space Tourism Within Five Years, State Media Say
China’s main space contractor has pledged to develop space tourism within the next five years, state media reported on Thursday, underscoring Beijing’s efforts to accelerate commercial spaceflight and deepen its technological competition with the United States. State-owned China Aerospace Science and Technology Corporation (CASC) said it aims to “achieve the flight operation of suborbital space…
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Blue Origin Targets Late February New Glenn Launch With AST SpaceMobile Payload
Blue Origin is aiming for a late February launch of its New Glenn heavy-lift rocket, carrying a commercial satellite for AST SpaceMobile into low-Earth orbit, the company said, marking the third flight of the vehicle after more than a decade in development. The mission will be the second time Blue Origin, founded by Amazon founder…
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China’s Reusable Long March-12B Rocket Completes Static Firing Test
China’s reusable Long March-12B rocket has successfully completed a static firing test, marking a key milestone ahead of its planned flight missions, its developer said on Friday. The test was conducted at the Dongfeng commercial space innovation pilot zone in northwest China and involved a full-duration engine firing while the rocket remained anchored to the…