Space Business News
February 29, 2024
ROCKET SCIENCE
MAPHEUS 14 high-altitude research rocket takes flight



Koeln, Germany (SPX) Feb 29, 2024
On 27 February 2024 at 8:27 CET the MAPHEUS 14 high-altitude research rocket, operated by the German Aerospace Center, successfully launched from the Esrange Space Center near Kiruna, Sweden. The high-altitude rocket reached an altitude of 265 kilometres and provided approximately six and a half minutes of microgravity for its scientific payload - a total of 14 experiments which were all safely recovered following landing. The findings from these experiments will benefit future space missions, the devel ... read more

MISSILE DEFENSE
BAE Systems to pioneer ground system for Space Force's missile defense upgrade
Los Angeles CA (SPX) Feb 29, 2024
In a pivotal development for U.S. national security, BAE Systems (LON: BA) has been chosen by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to spearhead the development of a pro ... more
ROCKET SCIENCE
HyImpulse readies SR75 rocket for historic maiden launch in Australia
Sydney, Australia (SPX) Feb 28, 2024
HyImpulse, a Germa-based rocket developer, is finalizing preparations for the maiden flight of its SR75 rocket, slated for late April to early May 2024 from the Koonibba Test Range in southern Austr ... more
SPACE TRAVEL
Modi says India's first astronauts will inspire nation
New Delhi (AFP) Feb 27, 2024
Indian Prime Minister Narendra Modi on Tuesday toasted the four astronauts preparing for the nation's first crewed orbital mission, saying the latest advance in spacefaring would inspire the next generation. ... more
MILITARY COMMUNICATIONS
Luxembourg DoD Partners with SES and HITEC to Augment SATCOM Ground Infrastructure
Luxembourg (SPX) Feb 27, 2024
The Luxembourg Directorate of Defence (DoD) procured two ground stations following a competitive call for tender to enable the Luxembourg Army to improve its resilience by accessing secure satellite ... more
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SPACE.WIRE
TECH.WIRE
NUKE.WIRE
SPACE TRAVEL
Under pressure - space exploration in our time
Zurich, Switzerland (SPX) Feb 27, 2024
A new paradigm is taking shape in the space industry as the countries and entities accessing space continue to grow and diversify. This dynamic landscape creates both competition and potential for s ... more
DRAGON SPACE
Chang'e 6 and new rockets highlight China's packed 2024 space agenda
Sydney, Australia (SPX) Feb 27, 2024
China has announced plans to undertake around 100 space launch missions within the year, setting a new precedent for its national space industry's activity levels. This ambitious agenda, disclosed b ... more
DRAGON SPACE
Long March 5 deploys Communication Technology Demonstrator 11 satellite
Sydney, Australia (SPX) Feb 26, 2024
China's latest space mission has successfully placed an experimental telecommunications satellite into orbit, utilizing the Long March 5 carrier rocket. This initiative, orchestrated by the China Ae ... more
MISSILE NEWS
UK says Ukraine's 'business' how donated cruise missiles used
London (AFP) Feb 28, 2024
Britain said Wednesday that how Kyiv uses donated cruise missiles is "the business of the armed forces of Ukraine," following comments by Germany's Olaf Scholz about possible UK and French involvement in targeting. ... more

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MISSILE DEFENSE


Lockheed Martin advances in missile defense with key acquisition milestone

UAV NEWS
German navy almost shot down US drone in Red Sea: reports
Frankfurt, Germany (AFP) Feb 28, 2024
A German naval frigate sent to protect commercial ships in the Red Sea nearly shot down a US drone by mistake, German media reported Wednesday. ... more
MILTECH
Swedish man charged over military base secrets
Stockholm (AFP) Feb 28, 2024
Swedish authorities have charged a 66-year-old man with illegally building up confidential information on military bases, a prosecutor said Wednesday. ... more
MILITARY COMMUNICATIONS
Multi-orbit SATCOM solution by Hughes selected for AFRL's DEUCSI initiative
Los Angeles CA (SPX) Feb 27, 2024
Hughes Network Systems, LLC (Hughes), an EchoStar Corporation (NASDAQ: SATS) affiliate, has secured a pivotal contract from SES Space and Defense, a subsidiary of SES, to deliver a sophisticated, so ... more
AEROSPACE
NASA's X-59 Aircraft Aims for Supersonic Speed with Minimal Noise Impact
Los Angeles CA (SPX) Feb 26, 2024
NASA's groundbreaking X-59 experimental aircraft, designed to fly faster than the speed of sound while producing a significantly quieter sonic boom, is inching closer to its ambitious goal, thanks t ... more
MISSILE NEWS
Scholz defends refusal to send long-range missiles to Ukraine
Berlin (AFP) Feb 26, 2024
Chancellor Olaf Scholz on Monday said that Germany could not copy British and French moves in sending long-range missiles to Ukraine and supporting the weapon system's deployment. ... more
DISASTER MANAGEMENT


US Supreme Court hears 'bump stocks' gun case

DISASTER MANAGEMENT
Munich Re beats profit forecast despite Turkey quake
Frankfurt, Germany (AFP) Feb 27, 2024
German reinsurance giant Munich Re said Tuesday its 2023 profit topped expectations despite costly claims for the earthquake in Turkey. ... more
DISASTER MANAGEMENT
US Supreme Court to hear 'bump stocks' gun case
Washington (AFP) Feb 28, 2024
The US Supreme Court on Wednesday will hear arguments on the legality of "bump stocks," simple devices that can allow automatic fire from otherwise semi-automatic guns. ... more
DISASTER MANAGEMENT
Japan to spend extra $660 mn in quake relief
Tokyo (AFP) Feb 25, 2024
Japan will spend an additional $660 million rebuilding areas ravaged by a devastating New Year's Day earthquake, its prime minister said, taking the total amount of quake relief to $1.7 billion. ... more
DISASTER MANAGEMENT
Five drown in migrant boat sinking off Malta
Valletta (AFP) Feb 23, 2024
Five migrants drowned on Friday and eight were hospitalised after the boat they were in capsized during a rescue operation by armed forces from Malta off the Mediterranean island. ... more
DISASTER MANAGEMENT
Hundred-car collision on icy China road causes nine injuries
Beijing (AFP) Feb 23, 2024
A pile-up of around 100 cars on an icy expressway in eastern China left nine people injured Friday, state media reported, with images of the accident showing scenes of chaos. ... more
AEROSPACE
NASA awards grants to 5 universities for quiet supersonic overflight education plans
Washington DC (UPI) Feb 28, 2024
NASA is taking another step closer to testing its new supersonic jet, issuing grants to five universities to develop plans to educate communities selected for flyover tests of the experimental aircraft. ... more
GPS NEWS
GPS war: Israel's battle to keep drones flying and enemies baffled
Tel Aviv (AFP) Feb 23, 2024
Omer Sharar had just received the first delivery of his new GPS anti-jamming technology when Hamas militants attacked Israel on October 7. ... more
TRADE WARS
Asian markets rise ahead of US inflation data
Hong Kong (AFP) Feb 29, 2024
Asian shares mostly rose on Thursday ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline. ... more
ROBO SPACE
Google CEO slams 'completely unacceptable' Gemini AI errors
San Francisco (AFP) Feb 28, 2024
Google CEO Sundar Pichai on Tuesday slammed "completely unacceptable" errors by its Gemini AI app, after gaffes such as images of ethnically diverse World War II Nazi troops forced it to stop users from creating pictures of people. ... more
TRADE WARS
Hong Kong scraps property taxes to revive sluggish market
Hong Kong (AFP) Feb 28, 2024
Hong Kong has axed three major property transaction taxes in a bid to revive its depressed housing market, finance minister Paul Chan said in his annual budget speech Wednesday. ... more
ROBO SPACE
Zuckerberg discusses AI risks with Japan PM during Asia tour
Tokyo (AFP) Feb 28, 2024
Meta chief Mark Zuckerberg met Prime Minister Fumio Kishida during a visit to Japan, discussing the risks of generative AI, a government spokesman said Wednesday. ... more
AEROSPACE
No need for climate 'flight shame', Swedish govt says
Stockholm (AFP) Feb 27, 2024
Six years after the term climate "flight shame" was coined in Sweden, the country's government said Wednesday there was no need for it, unveiling investment to help its airline industry. ... more
ROBO SPACE
New AI model could streamline operations in a robotic warehouse
Boston MA (SPX) Feb 28, 2024
Hundreds of robots zip back and forth across the floor of a colossal robotic warehouse, grabbing items and delivering them to human workers for packing and shipping. Such warehouses are increasingly ... more
ENERGY TECH
UK 'net zero' economy bucks recession: study
London (AFP) Feb 27, 2024
Britain's green economy grew in 2023 to buck a broader recession, according to a report released Tuesday that urged politicians heading into a general election to stick with climate-friendly investments. ... more
ROBO SPACE
AI the new obsession for venture capital investing
San Francisco (AFP) Feb 28, 2024
After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising. ... more
ROBO SPACE
OpenAI seeks dismissal of parts of NY Times copyright suit
San Francisco (AFP) Feb 27, 2024
OpenAI asked a US judge to dismiss several elements of a lawsuit brought by The New York Times, which accuses the ChatGPT creator of using millions of articles for training without permission. ... more
TRADE WARS
UK govt meets with Shein boss over possible London flotation: Sky News
London (AFP) Feb 27, 2024
Speculation mounted on Tuesday that Chinese-founded "fast fashion" giant Shein was mulling floating on the London Stock Exchange, with Sky News reporting that the UK government has held talks with its boss. ... more
TRADE WARS
Asian shares muted ahead of Fed comments
Hong Kong (AFP) Feb 28, 2024
Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day. ... more
TRADE WARS
Hong Kong scraps property taxes; as Country Garden faces winding-up petition
Hong Kong (AFP) Feb 28, 2024
Hong Kong has axed all property transaction taxes in a bid to revive the depressed housing market, finance minister Paul Chan said in his annual budget speech Wednesday. ... more
TRADE WARS
French, Asian shipping giants extend alliance
Paris (AFP) Feb 27, 2024
Shipping giants CMA CGM of France, China's Cosco Shipping, Taiwan's Evergreen and Hong Kong-based OOCL said on Tuesday they were extending the sector's biggest operational alliance to 2032. ... more
ROBO SPACE
Microsoft partners with French AI trailblazer
Paris (AFP) Feb 26, 2024
Microsoft said Monday it had partnered with French startup Mistral AI, as the software giant seeks to tighten its grip on the emerging technology. ... more
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