Space Business News
August 12, 2023
ROCKET SCIENCE
Pulsar Fusion forms partnership with University of Michigan for electric propulsion



London, UK (SPX) Aug 11, 2023
Electric propulsion, with a specific focus on Hall effect thrusters, has long been recognized as a foundational technology for space missions. Recognizing its potential, the UK Space Agency has recently announced a collaboration with the Plasma dynamics and Electric Propulsion Lab at the University of Michigan, one of the premier Hall thruster research centres worldwide. This international endeavor is further bolstered by the inclusion of renowned Hall thruster entities such as Pulsar Fusion from ... read more

MICROSAT BLITZ
RTX and Blue Canyon unveil new high-capacity XB16 CubeSat
Los Angeles CA (SPX) Aug 11, 2023
In response to the ever-growing demand in the satellite industry for greater payload size, weight, and power (SWaP), RTX's satellite manufacturer arm, Blue Canyon Technologies (BCT), has recently un ... more
MICROSAT BLITZ
ICEYE US receives first NASA commercial smallsat data task order
Los Angeles CA (SPX) Aug 11, 2023
ICEYE US Inc, renowned for its persistent Earth monitoring through radar imaging satellites, has secured its inaugural Task Order as a part of a previously announced Blanket Purchase Agreement (BPA) ... more
SPACE TRAVEL
Virgin Galactic rockets its first tourist passengers into space
Washington (AFP) Aug 10, 2023
Virgin Galactic launched its first tourist passengers into the weightlessness of space Thursday, the culmination of a nearly two-decade commercial pursuit, the company said. ... more
ROCKET SCIENCE
China's commercial CERES-1 Y7 rocket launches 7 satellites
Jiuquan (XNA) Aug 11, 2023
China on Thursday launched the CERES-1 Y7 carrier rocket from the Jiuquan Satellite Launch Center in northwest China, sending seven satellites into a planned orbit. The commercial rocket blast ... more
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MICROSAT BLITZ


Communications achieved for NASA's 4 Starling CubeSats

SPACE TRAVEL
Russian cosmonauts perform spacewalk to attach debris shields to space station
Washington DC (UPI) Aug 9, 2023
Two Russian Cosmonauts conducted a spacewalk Wednesday to upgrade systems on the International Space Station. ... more
ROCKET SCIENCE
Impulse Space secures $45M in Series A Funding Round
Los Angeles CA (SPX) Aug 09, 2023
Impulse Space, Inc. - a leader in the development of in-space transportation services for the inner solar system - has secured $45 million in its Series A funding round. The round is led by RTX Vent ... more
MISSILE DEFENSE
Lockheed Martin's NGI program completes all subsystem PDRs
Huntsville AL (SPX) Aug 08, 2023
Lockheed Martin (NYSE: LMT) successfully validated designs for all elements of the nation's Next Generation Interceptor (NGI) with the U.S. Missile Defense Agency (MDA). Through a series of su ... more
MILITARY COMMUNICATIONS
RTX to develop platform agnostic, beyond-line-of-sight, satcoms
McKinney TX (SPX) Aug 11, 2023
Collins Aerospace, an RTX (NYSE: RTX) business, has been awarded a $36 million contract from the U.S. Air Force Research Laboratory to develop and demonstrate a platform-agnostic, Beyond-Line-Of-Sig ... more
ROBO SPACE
DARPA taps RTX to attune AI decisions to human values
Boston MA (SPX) Aug 11, 2023
RTX's BBN division received a contract award to support DARPA's "In The Moment" program. ITM aims to develop the foundations needed for algorithms that are trusted to independently make decisions in ... more

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AEROSPACE


Northrop Grumman boosts B-2 digital communications

MILTECH
A revolution in stand-off jamming
Washington DC (SPX) Aug 11, 2023
The U.S. military is entering into an unprecedented era of competitive Electronic Warfare (EW) environments against peer and near-peer adversaries alike. Threats have evolved considerably over the y ... more
TRADE WARS
Chinese FM begins SE Asia tour as South China Sea tensions flare
Singapore (AFP) Aug 10, 2023
China's Foreign Minister Wang Yi visited Singapore Thursday at the start of a three-nation regional tour, Beijing's embassy in the city-state said, as tensions flare with the Philippines in the South China Sea. ... more
TRADE WARS
China says US investment policy 'severely disrupts' global supply chains
Beijing (AFP) Aug 10, 2023
Beijing on Thursday vowed to "safeguard" its interests against a new US policy to restrict investment in Chinese technology, accusing Washington of disrupting global supply chains. ... more
ROCKET SCIENCE
Rocket Lab inks new deal to launch HASTE mission from Virginia
Los Angeles CA (SPX) Aug 09, 2023
Rocket Lab USA, Inc. (Nasdaq: RKLB) has signed a new launch services agreement with a confidential customer for a HASTE (Hypersonic Accelerator Suborbital Test Electron) mission from Launch Complex ... more
MISSILE DEFENSE
Northrop Grumman begins producing NGI solid rocket motor booster cases
Clearfield UT (SPX) Aug 09, 2023
Northrop Grumman Corporation (NYSE: NOC) successfully manufactured the first set of solid rocket motor cases for the Missile Defense Agency's (MDA) Next-Generation Interceptor (NGI) program. T ... more
MISSILE NEWS


Pentagon eyes missile testing role for Australia

UAV NEWS
Russia says it shot down two Ukrainian drones targeting Moscow
Washington DC (UPI) Aug 9, 2023
The Kremlin's air defense shot down two drones launched at Moscow early Wednesday, the city's mayor said, in an apparent increase in Ukrainian attacks on the Russian capital. ... more
DISASTER MANAGEMENT
Moroccan navy rescues 60 migrants in Atlantic
Rabat (AFP) Aug 11, 2023
Morocco's navy rescued more than 60 migrants from sub-Saharan Africa when their boat got into difficulties in the Atlantic off Tarfaya, the official MAP news agency reported on Friday. ... more
DISASTER MANAGEMENT
EU chief offers 400 mn euros to help flood-hit Slovenia
Ljubljana (AFP) Aug 9, 2023
European Commission President Ursula von der Leyen on Wednesday offered 400 million euros from the bloc's solidarity fund as part of a package to help flood-hit Slovenia. ... more
AEROSPACE
Military-run Mexican airline to take off in December
Mexico City (AFP) Aug 10, 2023
Mexico will launch a new military-run, low-cost airline in December after buying the brand of a carrier that went bankrupt 13 years ago, President Andres Manuel Lopez Obrador announced Thursday. ... more
TRADE WARS
Biden calls China 'ticking time bomb' over economic woes
Salt Lake City, United States (AFP) Aug 11, 2023
US President Joe Biden said Thursday that China's mounting economic problems make the country a "ticking time bomb." ... more
ROCKET SCIENCE
Musk says cage fight with Zuckerberg will be in Italy
Washington (AFP) Aug 12, 2023
Elon Musk said Friday that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as authorities there confirmed talks about hosting a "great charity event." ... more
TRADE WARS
China resumes group tours to US, UK, Japan and Australia
Beijing (AFP) Aug 10, 2023
Beijing on Thursday lifted a Covid-era ban on outbound group tours to dozens of countries including the United States and Japan, a move that could see crowds of Chinese tourists return to destinations around the world. ... more
AEROSPACE
Cathay Pacific rebounds to first-half profit as travel picks up
Hong Kong (AFP) Aug 9, 2023
Hong Kong carrier Cathay Pacific on Wednesday swung to a healthy profit in the first half of the year thanks to a pick-up in travel, with the airline expecting passenger capacity to reach 70 percent of pre-pandemic levels by end of the year. ... more
ROBO SPACE
Robots cause company profits to fall - at least at first
Cambridge UK (SPX) Aug 04, 2023
Researchers have found that robots can have a 'U-shaped' effect on profits: causing profit margins to fall at first, before eventually rising again. The researchers, from the University of Cambridge ... more
AEROSPACE
DLR conducts first flight of HyBird demonstrator
Cochstedt, Germany (SPX) Aug 04, 2023
HyBird is a small, hybrid-electric aircraft concept. Its goal is to serve routes of less than 1000 kilometres and with low passenger volumes in a climate-compatible way. The German Aerospace Center ... more
ENERGY TECH
Novel proton-conductive membranes for automobile fuel cells
Tokyo, Japan (SPX) Aug 06, 2023
In the evolving world of electric vehicles (EVs), fuel cells play a pivotal role. Acting as compact energy conversion units, they leverage clean hydrogen energy, turning it into electricity via oxid ... more
TRADE WARS
Markets drop again as US inflation fails to soothe rate fears
Hong Kong (AFP) Aug 11, 2023
Equity markets mostly fell Friday as a below-forecast US inflation reading boosted hopes the Federal Reserve will hold interest rates next month but did little to dispel fears it could hike later in the year. ... more
TRADE WARS
Nervous investors trade cautiously ahead of US inflation report
Hong Kong (AFP) Aug 10, 2023
Asian markets were mixed Thursday ahead of much-anticipated US inflation data, which comes against a backdrop of renewed concerns that the Federal Reserve could announce another interest rate hike before the end of the year. ... more
AEROSPACE
NASA's ComPair Balloon mission readies for flight
Greenbelt MD (SPX) Aug 09, 2023
A team in Fort Sumner, New Mexico, is preparing to fly a balloon-borne science instrument called ComPair, which will test new technologies for detecting gamma rays, the highest-energy form of light. ... more
DISASTER MANAGEMENT
Little warning and 'huge' losses, say China flood victims
Zhuozhou, China (AFP) Aug 9, 2023
Villagers in northeastern China told AFP that the losses from recent flooding were "huge", a week after the heaviest rains Beijing has ever seen triggered widespread flooding in the region. ... more
TRADE WARS
European stocks rebound, Asia mixed after weak China data
London (AFP) Aug 9, 2023
European stock markets rebounded on Wednesday as bank shares recovered and after a mixed showing by Asia. ... more
TRADE WARS
Asian markets swing as China slips into deflation
Hong Kong (AFP) Aug 9, 2023
Asian markets fluctuated Wednesday after data showing China slipped into deflation compounded worries about the world number two economy's faltering post-Covid recovery. ... more
TRADE WARS
China slips into deflation as post-Covid recovery falters
Beijing (AFP) Aug 9, 2023
China slipped into deflation for the first time in more than two years in July, official data showed Wednesday, as slowing domestic spending weighs on the post-Covid economic recovery. ... more
MICROSAT BLITZ
Lockheed Martin opens facility for rapid development of small satellites
Littleton CO (SPX) Aug 08, 2023
Lockheed Martin (NYSE: LMT) has opened a facility that streamlines small satellite (smallsat) processing to enable high-rate delivery. The multi-million dollar facility will house the company's Spac ... more
MILITARY COMMUNICATIONS
Lockheed Martin completes CDR for Tranche 1 Transport Layer Satellites
Littleton CO (SPX) Aug 08, 2023
Lockheed Martin (NYSE: LMT) and the Space Development Agency (SDA) successfully completed the Critical Design Review (CDR) for SDA's Tranche 1 Transport Layer (T1TL) program. The integrated system r ... more
MILITARY COMMUNICATIONS
Northrop Grumman achieves key milestone in Arctic Satellite Broadband Mission
Washington DC (SPX) Aug 08, 2023
Northrop Grumman Corporation (NYSE: NOC) has delivered two major components of the Arctic Satellite Broadband Mission (ASBM) and has started the next phase of pre-launch preparations. This two-satel ... more
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