SpaceTech

Boeing's Starliner Program Head Announces Retirement Amid Ongoing Challenges

1 month ago

In a significant development for Boeing's troubled Starliner program, the current leader, Mark Forkner, has announced his retirement. This decision comes at a time when the company is striving to address setbacks and streamline its efforts towards launching the CST-100 Starliner spacecraft, initially designed to transport astronauts to the International Space Station (ISS).

Redwire Set to Acquire Edge Autonomy in a $925 Million Deal

2 months ago

In a significant move that underscores the growing momentum in the aerospace sector, Redwire, an innovative space infrastructure company, is reportedly on the verge of finalizing a substantial acquisition of Edge Autonomy for an impressive $925 million. This acquisition could mark a pivotal point for both companies as they seek to enhance their capabilities and expand their offerings in the burgeoning market for space and autonomous technologies.

Loft Orbital Secures $170 Million in Funding to Accelerate Satellite Launch Operations

2 months ago

In a significant development for the aerospace sector, Loft Orbital, a pioneering space technology company, has successfully raised $170 million in its latest funding round. This financial boost is aimed at scaling up the company’s satellite launch operations, further solidifying its position in the burgeoning space industry.

Return of the Heroes: Chinese Space Station Crew Touches Down After Six Months in Space

4 months ago

In a significant milestone for China's ambitious space exploration program, a crew of three astronauts has successfully returned to Earth after spending an impressive six months aboard the Tiangong space station. The return marks a pivotal moment in China's efforts to establish a sustainable human presence in orbit and expands the country's capabilities in the realm of space science and technology.

Airbus Announces Significant Job Cuts in Space and Defense Unit

5 months ago

In a surprising turn of events, Airbus has confirmed plans to reduce its workforce by as many as 2,500 jobs within its space and defense division. This decision stems from a broader strategy to streamline operations amid changing market demands and tighter budgets in the defense sector. The company, which is renowned for its aircraft manufacturing, is facing challenges that have prompted this significant cutback, marking a critical moment in the aerospace industry.

Anduril and Impulse Space Team Up for Revolutionary Orbital Craft Development

5 months ago

In a significant move for the aerospace and defense sector, Anduril Industries, a prominent defense technology company, has announced its partnership with Impulse Space, a rising star in the space industry. This collaboration aims to develop advanced orbital spacecraft designed to provide enhanced capabilities for defense and national security applications. The partnership is expected to fuse Anduril’s innovative defense technologies with Impulse’s expertise in space operations, creating groundbreaking solutions that address emerging challenges in the modern battlefield.