Tag: government contracts
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Boeing Wins $2 Billion Space Force Contract for Next MUOS Military Communications Satellites
The U.S. Space Force has awarded Boeing a $2 billion contract to develop the next generation of Mobile User Objective System (MUOS) communications satellites as part of an effort to extend the operational life of the military’s narrowband satellite communications network. The contract supports Phase II of the MUOS Service Life Extension program and includes…
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SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.77 Trillion Valuation
SpaceX has completed the largest initial public offering (IPO) in U.S. history, raising $75 billion and achieving a market valuation of approximately $1.77 trillion as the company prepares to begin trading on the Nasdaq. The offering was priced at $135 per share, with investors purchasing 555.56 million shares. The transaction surpasses the previous global IPO…
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Blue Origin Targets New Glenn Return to Flight Before End of 2026 After Launch Pad Explosion
Blue Origin plans to return its New Glenn rocket to flight before the end of 2026 despite an explosion last week that generated shockwaves reportedly comparable to a small earthquake and caused damage at the company’s launch complex. Following an assessment of Launch Complex 36A and surrounding infrastructure, Blue Origin Chief Executive Officer Dave Limp…
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Planet Labs Stock Jumps on AI Pelican Satellites and Gov Deals
What’s Behind Planet Labs’ Recent Stock Surge? Planet Labs shares climbed 12% following the company’s announcement of its AI-powered Pelican satellite platform and a series of new government contracts worth approximately $180 million. The Earth observation company’s latest developments position it to compete more aggressively in the high-resolution imaging market, traditionally dominated by Maxar and…
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Blue Origin Captures Major Defense Contracts from SpaceX
How is Blue Origin competing with SpaceX for defense contracts? Blue Origin has secured $2.8 billion in Pentagon launch contracts over the past six months, directly challenging SpaceX’s dominance in the national security launch market. The company’s New Glenn rocket, which achieved operational status in late 2025, now offers launch services at $89 million per…