Space Business News
August 24, 2023
ROCKET SCIENCE
North Korea again fails to launch spy satellite into space



Washington DC (UPI) Aug 24, 2023
North Korea failed Thursday to launch a spy satellite into space, its second attempt to launch the reconnaissance orbital amid international condemnation. A Chollima-1 rocket with the Malligyong-1 reconnaissance satellite payload launched at dawn Thursday from the Sohae Satellite Launching Ground in North Pyongang Province's Cholsan County, which is located about 115 miles northwest of Pyongyang. But the North's aerospace agency said it failed "due to an error in the emergency blasting s ... read more

ROCKET SCIENCE
Rocket Lab Launches 40th Electron Mission, Successfully Flies Reused Engine
Long Beach CA (SPX) Aug 24, 2023
Rocket Lab USA, Inc. (Nasdaq: RKLB) has launched a dedicated Electron mission for Capella Space (Capella). The mission demonstrated several significant milestones for Rocket Lab's reusability progra ... more
ROBO SPACE
Sidus Space acquires Edge Artificial Intelligence company, Exo-Space
Cape Canaveral FL (SPX) Aug 24, 2023
Sidus Space (NASDAQ: SIDU) reports its strategic acquisition of Exo-Space, a cutting-edge California-based firm specializing in Edge Artificial Intelligence (AI) software and hardware for space appl ... more
SPACE MEDICINE
Space travel depletes red blood cells and bone, but fats may help
Ottawa, Canada (SPX) Aug 22, 2023
A study of 14 astronauts suggests that while space travel depletes red blood cells and bone, the body can eventually replenish them back on Earth with the help of fat stored in the bone marrow. The ... more
MILITARY COMMUNICATIONS
USSF contracts OneWeb for commercial LEO communications services
Houston TX (SPX) Aug 22, 2023
OneWeb Technologies has been awarded a Commercial Satellite Communications Proliferated Low Earth Orbit (p-LEO) contract from the U.S. Space Force (USSF), Space Systems Command (SSC), Commercial Spa ... more
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SPACE TRAVEL


US seeks to extend China science accord, but only briefly for now

MILITARY COMMUNICATIONS
Lockheed Martin to supply 36 Small Satellites to advance SDA satcom network
Littleton CO (SPX) Aug 22, 2023
The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites. ... more
ROCKET SCIENCE
NASA SpaceX Crew-7 'Go' for August 25 Launch
Kennedy Space Center FL (SPX) Aug 21, 2023
The Flight Readiness Review (FRR) for NASA's SpaceX Crew-7 mission to the International Space Station has concluded, and teams are proceeding toward a planned liftoff at 3:49 a.m. EDT Friday, Aug. 2 ... more
DRAGON SPACE
From rice to quantum gas: China's targets pioneering space research
Sydney, Australia (SPX) Aug 21, 2023
China's orbiting Tiangong space station is now fully operational and has embarked on a mission that aims to achieve groundbreaking scientific discoveries, according to the China Manned Space Agency ... more
ROCKET SCIENCE
Rocket Lab inks dedicated launch deal with Japanese EO company iQPS
Los Angeles CA (SPX) Aug 21, 2023
In a recent development in the realm of Earth observation technology, Planet Labs PBC (NYSE: PL) has signed a contract to offer their global daily monitoring solution to a Ministry of Foreign Affair ... more
SPACE TRAVEL
NASA challenges students to fly Earth and Space experiments
Washington DC (SPX) Aug 17, 2023
NASA is calling on middle and high school students across the country to submit experiment ideas for a high-altitude balloon or rocket-powered lander test flight in the third TechRise Student Challe ... more

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SPACE TRAVEL


Indian lunar lander splits from propulsion module in key step

MILITARY COMMUNICATIONS
Hughes awarded Space Force IDIQ Contract for LEO satellite services
Germantown MD (SPX) Aug 24, 2023
Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), has been awarded a five-year, Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Space Force for proliferat ... more
UAV NEWS
Elbit Systems awarded a $55M contract for Dutch Counter UAS solution
Haifa, Israel (SPX) Aug 22, 2023
Elbit Systems reports it was awarded a contract worth approximately $55 million to supply multi-layered ReDrone Counter Unmanned Aerial Systems (C-UAS) to the Netherlands. The contract will be perfo ... more
AEROSPACE
F-16s: A victory and new challenge for war-torn Ukraine
Paris (AFP) Aug 22, 2023
Ukraine has secured long-sought F-16 fighter jets, but will face a familiar challenge of training its troops to handle a sophisticated new weapon with demanding maintenance requirements, experts say. ... more
AEROSPACE
Indonesia, Boeing agree deal for sale of F-15 jets
Jakarta (AFP) Aug 22, 2023
Indonesia and US aircraft manufacturer Boeing have agreed a deal for the sale of two dozen F-15EX fighter jets as Southeast Asia's biggest economy moves to modernise its fleet, Jakarta's defence minister said Tuesday. ... more
DISASTER MANAGEMENT
Japan releases water from Fukushima nuclear plant, China furious
Namie, Japan (AFP) Aug 24, 2023
Japan began releasing wastewater from the crippled Fukushima nuclear plant into the Pacific Ocean on Thursday, prompting a furious China to ban all seafood imports from its neighbour. ... more
MILTECH


Rolling out the big guns: NATO's aid to Ukraine

AEROSPACE
US approves sale to upgrade Taiwan warjets' air tracking
Washington (AFP) Aug 23, 2023
The United States said Wednesday it approved the sale to Taiwan of advanced sensor equipment for its fighter jets, the latest upgrade as fears rise over China. ... more
UAV NEWS
Iran unveils its latest attack drone
Tehran (AFP) Aug 22, 2023
Iran unveiled on Tuesday its latest domestically built drone that can fly at a higher altitude and for a longer duration with enhanced weapons capabilities, state media reported. ... more
UAV NEWS
Moscow region hit in sixth straight night of drone attacks
Moscow (AFP) Aug 23, 2023
A Ukrainian drone attack on Moscow damaged a building in a central business district, authorities said on Wednesday, in the sixth straight night of aerial attacks on Russia's capital region. ... more
AEROSPACE
US approves $12 bn Apache helicopter sale to Poland
Washington (AFP) Aug 21, 2023
The United States on Monday approved a $12 billion sale of Apache attack helicopters to Poland, a giant deal with a frontline ally supporting Ukraine in its war against the Russian invasion. ... more
AEROSPACE
US approves sale to upgrade Taiwan warjets' air tracking
Washington (AFP) Aug 24, 2023
The United States said Wednesday it approved the sale to Taiwan of advanced sensor equipment for its fighter jets, the latest upgrade as fears rise over China's increasing assertiveness over its claim to the island. ... more
MISSILE NEWS
Australia agrees to buy long-range missiles from US
Sydney (AFP) Aug 21, 2023
Australia has locked in a deal to buy potent long-range weapons from the United States, officials said Monday, as the country looks to counter China's rising military power. ... more
MISSILE NEWS
Kim Jong Un inspects cruise missile test as South Korea-U.S. military drills begin
Washington DC (UPI) Aug 21, 2023
North Korean leader Kim Jong Un has visited a navy unit and inspected a cruise missile test aboard a warship, Pyongyang's state media reported Monday, as South Korea and the United States began their annual joint military drills. ... more
UAV NEWS
Three PKK members killed in Turkish drone strike in Iraq: authorities
Arbil, Iraq (AFP) Aug 24, 2023
Three members of the Kurdistan Workers' Party (PKK) were killed Thursday in a Turkish drone strike in Iraq's Kurdistan region, authorities said, as Ankara's top diplomat visited the northern region. ... more
AEROSPACE
Zelensky thanks Denmark for F-16s; Greece offers F-16 training
Washington DC (UPI) Aug 21, 2023
Ukrainian President Volodymyr Zelensky addressed the Danish parliament in Copenhagen on Monday while Russian forces made advances in eastern Ukraine. ... more
MISSILE DEFENSE
Israel says US okays 'landmark' missile defence deal with Germany
Jerusalem (AFP) Aug 17, 2023
Israel said the United States on Thursday approved the "landmark" sale of the Arrow 3 hypersonic missile defence system to Germany, in the country's biggest military deal worth $3.5 billion. ... more
ROBO SPACE
Artificial intelligence for augmentation and productivity
Boston MA (SPX) Aug 22, 2023
The MIT Stephen A. Schwarzman College of Computing has awarded seed grants to seven projects that are exploring how artificial intelligence and human-computer interaction can be leveraged to enhance ... more
DISASTER MANAGEMENT
700 Syrians caught trying to enter Lebanon in a week: army
Beirut (AFP) Aug 23, 2023
The Lebanese army turned away around 700 Syrians attempting to cross into the neighbouring country illegally over the past week, the armed forces said in a statement on Wednesday. ... more
DISASTER MANAGEMENT
Eight dead after Moscow sewer floods during tour
Moscow (AFP) Aug 22, 2023
Eight members of a tour group exploring underground tunnels in Moscow's sewer system Sunday have been found dead after getting caught off-guard by flash flooding, local media said. ... more
DISASTER MANAGEMENT
Fukushima's water release: what we know
Tokyo (AFP) Aug 22, 2023
Japan has announced plans to release wastewater from the stricken Fukushima-Daiichi nuclear plant into the ocean starting Thursday. ... more
DISASTER MANAGEMENT
Japan begins release of water from Fukushima nuclear plant
Namie, Japan (AFP) Aug 24, 2023
Japan began releasing wastewater from the crippled Fukushima nuclear plant on Thursday in an operation it insists is safe but has generated a fierce backlash from China. ... more
TRADE WARS
BRICS leaders agree to expand membership at summit
Johannesburg (AFP) Aug 23, 2023
BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said Wednesday, as the bloc pursues greater clout to shape the world order. ... more
TRADE WARS
Biden to attend next month's G20 summit in New Delhi as Harris heads to Jakarta
Washington DC (UPI) Aug 22, 2023
President Joe Biden will attend next month's Group of 20 Leaders' summit in New Delhi, India, as Vice President Kamala Harris travels to Jakarta, Indonesia to attend the U.S.-ASEAN and East Asia summits, the White House announced Tuesday. ... more
TRADE WARS
Markets track Wall St surge after US data, Nvidia results
Hong Kong (AFP) Aug 24, 2023
Equity markets rose again Thursday after soft US and European economic data soothed recent fears that central banks will hike rates further, while tech firms were given a boost by forecast-busting earnings from AI chip titan Nvidia. ... more
TRADE WARS
Fitch cuts unit of China's debt-hit Country Garden to junk
Beijing (AFP) Aug 24, 2023
Fitch has downgraded to junk the credit rating of a subsidiary of Chinese property giant Country Garden, citing "heightened liquidity pressure" at the troubled firm. ... more
TRADE WARS
US commerce secretary to visit China next week for talks
Beijing (AFP) Aug 22, 2023
US Commerce Secretary Gina Raimondo will visit China next week, Beijing and Washington said Tuesday, adding to a slew of US officials dispatched in recent months to ease tensions between the world's largest economies. ... more
ROBO SPACE
System based on light may yield powerful, efficient large language models
Boston MA (SPX) Aug 24, 2023
ChatGPT has made Machine-learning system based on light could yield more powerful, efficient large language modelss around the world with its ability to write essays, email, and computer code based ... more
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