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Not reusing rockets is ‘a dead-end product’

One look at the production floor of the company shows several Electron boosters. The typical rocket-shaped black carbon fiber rockets are in the front and a metallic-looking, reusable booster is in the middle. Rocket Lab Rocket LabPeter Beck, the CEO of his company, was certain that his rockets wouldn’t be used like this again. Elon […]

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Astra stock surges after rocket builder reached orbit successfully

On November 20, 2021, the company’s rocket LV0007 takes off from Kodiak Spaceport Complex. Astra Rocket builder shares AstraAfter the firm reached orbit on the weekend, trading surged Monday. On Saturday, the company’s rocket LV0007, which was carrying a payload test for U.S. Space Force, launched from Kodiak’s Pacific Spaceport Complex. “Getting to orbit took […]

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Rocket builder Astra reaches orbit for the first time

Rocket LV0007 launches during the first successful orbital launch of the company from Kodiak in Alaska, November 20, 2021. Astra / NASASpaceflight Astra SpaceIt reached orbit with rocket LV0007 on Saturday, becoming the latest company to achieve this feat. From Kodiak’s Pacific Spaceport Complex, the company launched the rocket carrying a payload test for U.S. […]

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Terran Orbital going public via SPAC at $1.8 billion valuation

Terran Orbital, small satellite manufacturer and operator is set for public listing. It’s the latest of a host of SPAC-related merger announcements this year. Terran merges with Special Purpose Acquisition Company Tailwind Two Acquisition Corp.SPAC, which trades under ticker TWNT. Terran will receive a valuation of $1.8 billion and the deal is expected to close […]

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Rocket builder ABL Space raises $200 million at $2.4 billion valuation

The company’s El Segundo headquarters, California is used to ship an RS1 rocket booster. ABL Space ABL Space, a rocket builder, announced Monday that it had closed a round of $200 million funding from existing investors. This raised the company’s value to $2.4 Billion. ABL’s most recent financing was an expansion the round raised in […]

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$10.3 billion to date sets annual record

Pete Cannito at Redwire Corporation, New York Stock Exchange on September 8, 2021 Source: NYSE The third quarter saw $3.9B in private space investment, pushing this year to an all-time high of $10.3B. a reportSpace Capital in New York, this week Space Capital managing partners Chad Anderson and Chad Anderson said that this quarter set […]

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Conagra, Tilray, Levi, Twitter and more

See which companies are making the headlines even before the bell rings. Conagra Brands (CAG) – The company behind food brands like Healthy Choice, Hunt’s and Hebrew National earned an adjusted 50 cents per share for its latest quarter, 1 cent above estimates, while revenue also came in ahead of Wall Street forecasts. Conagra stated […]