Virgin Orbit's launch business sold for parts to Vast, Stratolaunch, and Rocket Lab
Virgin Orbit, once valued at $3.7 billion, has been chopped up for parts.
The company has concluded the auction for some of its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings. Altogether, the three winning bids come to around $36 million.
The win
Max Q: Double the fun
"">Hello and welcome back to Max Q!
In this issue:
Blue Origin lands major NASA contract
News from SpaceX, and more
NASA picks Blue Origin-led team to build second human landing system on the moon, joining SpaceX
"">NASA has chosen a Blue Origin-led team to develop a second lunar landing system fo
SkyFi lets you order up fresh satellite imagery in real time with a click
Commercial Earth-observation companies collect an unprecedented volume of images and data every single day, but purchasing even a single satellite image can be cumbersome and time-intensive. SkyFi, a two-year-old startup, is looking to change that with an app and API that makes ordering a satellite
Stoke Space has received repeated investments from the venture arm for the U.S. intelligence community
Stoke Space has received multiple investments from In-Q-Tel, the strategic investor for the U.S. intelligence and defense community, technewss has learned.
Stoke Space and In-Q-Tel have not publicly announced their relationship before. While In-Q-Tel is legally a separate entity from any governmen
NASA picks Blue Origin-led team to build second human landing system on the moon, joining SpaceX
NASA has chosen a Blue Origin-led team to develop a second lunar landing system for the Artemis program, as the agency looks to provide competition with SpaceX and support long-term exploration of the moon.
The winning team includes Lockheed Martin, Draper, Boeing, Astrobotic and Honeybee Robotics.
Stratolaunch submits $17M bid for some of Virgin Orbit’s assets
Virgin Orbit may have found a buyer for some of its assets in hypersonic flight company Stratolaunch, according to new court filings.
Stratolaunch submitted a $17 million bid for some assets, including the modified Boeing 747 aircraft “Cosmic Girl,” in a so-called stalking horse bid. Stalking h
Varda Space raising new tranche of funding at $500M post-money valuation
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents vie
Max Q: Space is vast
Hello and welcome back to Max Q!
In this issue:
Virgin Galactic aims for a triumphant return
Vast aims to launch space station in 2025
News from SpaceX, and more
Virgin Galactic aims for triumphant return with crewed flight at the end of May
Virgin Galactic will return to the skies later this mo
Ahead of next Starship launch, SpaceX hires key NASA human spaceflight head
SpaceX has hired NASA’s former head of human spaceflight Kathy Lueders as the company continues to develop its Starship launch system to return humans to the moon and beyond.
The news was first reported by CNBC. According to that reporting, Lueders will work out of SpaceX's Starbase launc
UK’s Space Forge debuts new reentry tech for in-space manufacturing satellites
Welsh in-space manufacturing startup Space Forge has developed a satellite reentry system to enable rapid recovery and reuse of its in-space manufacturing spacecraft.
The new system, which includes a heat shield and a water vehicle designed to soften the spacecraft's landing, will be incorporat
Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win
Intuitive Machines is preparing for its first lunar mission to the moon's south pole in the third quarter of this year, while also facing a protest to a major NASA contract win, executives told investors Thursday.
The company has made “significant progress” on testing for the inaugural IM-1
Axiom Space gears up for second private human spaceflight mission to ISS
Axiom Space's second private crewed mission to the International Space Station is now scheduled to launch in just ten days, with the four-person crew preparing to conduct more than 20 scientific experiments while in space.
The Ax-2 mission will now launch no earlier than 5:37 p.m. EDT on May 21
Jed McCaleb’s private space station venture Vast might be more than just science fiction
Some of the biggest names in the space industry are billionaires: Elon Musk. Jeff Bezos. Richard Branson. The newest person to join this small cadre, at least by personal net worth, is Jed McCaleb. His space station company, Vast, is partnering with SpaceX to be the first private company to launch
UK greenlights $7.3B merger between satellite rivals Viasat and Inmarsat
The U.K.'s Competition and Markets Authority (CMA) has officially greenlighted the proposed $7.3 billion merger between Viasat and Inmarsat.
London-based Inmarsat and its U.S. rival Viasat offer various satellite services including in-flight Wi-Fi to commercial airlines.
Today