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☆ Opinion: A Russian weapon could wipe out US space edge
▼ + stars: | 2024-05-15 | by ( Clayton Swope | ) edition.cnn.com time to read: +7 min

Here, the NanoRacks-Remove Debris satellite is deployed from the International Space Station in 2018. Before revelations about Russia’s development of a nuclear anti-satellite weapon, there had been indications of global recognition that the use of certain space weapons was bad for everyone. The proposed defense budget for 2025 does not reflect the scale and urgency of the need to counter space threats and protect space systems. Learning how to operate satellites in a space environment clogged with debris or increased radiation caused by a space weapon is also important. We need a two-pronged effort to prepare for the worst: Double down on efforts to protect and maintain access to space in a hostile space environment and consider how to operate without space.

Persons: Clayton Swope, Mike Turner, Estonia’s, —, Vassily Nebenzia, Frank Herbert’s Organizations: Aerospace Security, International Security, Center for Strategic, International Studies, CIA, CNN, Clayton, Clayton Swope Center, Strategic, United, US, Intelligence, Ohio Republican, International Space Station, NASA, GPS, Finnair, United Nations, UN, Twitter Locations: Washington , DC, Russian, United States, Russia, Ohio, Vietnam, Guadalcanal, Iwo Jima, Tartu, China, Moscow

☆ Opinion: The problem with space junk – and how to solve it
▼ + stars: | 2024-05-09 | by ( Opinion Moriba Jah | ) edition.cnn.com time to read: +6 min

This incident serves as an example of the urgent need for a profound shift toward sustainable space practices. Proponents of a circular space economy advocate for a transformative departure from this wasteful paradigm. Much like embracing reusable materials on Earth, transitioning to a circular space economy means designing space systems with reuse, refurbishment and recyclability in mind. The European Space Agency (ESA) has emerged as a trailblazer in the pursuit of a circular space economy. By leading the charge toward sustainable space practices, NASA can inspire other space agencies and private companies to follow suit.

Persons: Moriba Jah, Otero, Moriba Jah Mark Thiessen, wasn’t, I’m, Artemis Organizations: MacArthur Fellowship, University of Texas, CNN, Space, European Space Agency, ESA, NASA, Space Shuttle, Twitter, Facebook Locations: Austin, Naples , Florida, Naples

☆ Space Force Guardians became the first 'space cowboys' after completing the Army's rigorous spur ride challenges
▼ + stars: | 2024-05-07 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +6 min

Three Space Force Guardians earned their spurs after finishing a series of rigorous combat tests. They completed the Army Cavalry Spur Ride, becoming the US military's first 'space cowboys.' AdvertisementA US Space Force spur ride candidate hydrates during a spur ride at Fort Bliss, Texas. AdvertisementUS Space Force spur ride candidates move a litter with a BGM-71 TOW, low crawling through the sand at Fort Bliss, Texas. A US Space Force spur ride candidate takes a breather before continuing through an obstacle during a spur ride at Fort Bliss, Texas.

Persons: —, Bliss, Bradley Evans, Military.com, Evans, David Poleski, Jordan Savage, Savage, Jackson Jennings, Dan Reynolds, there's, It's, I'm Organizations: Space Force Guardians, Army Cavalry, US, Service, Stetson, Army, Space Force, White, Guardians, Spc, Space Systems Command, Garmin, Force, US Space Force, Fort, Space Force Guardian, Ranger, — Locations: West Texas, El Paso , Texas, Fort Bliss , Texas, Los Angeles, rucking, Fort Jackson, South Carolina

☆ Xi shakes up China’s military in rethink of how to ‘fight and win’ future wars
▼ + stars: | 2024-04-27 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

Chinese leader Xi Jinping oversees the inauguration of the Information Support Force of the People's Liberation Army at a ceremony in Beijing on April 19, 2024. The Information Support Force will be led by top generals from the now-defunct SSF. These functions will now be supervised at his level and not through the Strategic Support Force, which served as a middleman,” Wuthnow said. Though US intelligence officials said the balloon was part of an extensive surveillance program run by the Chinese military, Xi may not have been aware of the mission. Chinese leader Xi Jinping has scrapped the People's Liberation Army's Strategic Support Force, a branch he founded in 2015.

Persons: Xi Jinping, Xi, ”, Wu Qian, SSF, Bi Yi, Li Wei, Ju Qiansheng, Joel Wuthnow, ” Wuthnow, Joe Biden, didn’t, Xinhua News Agency James Char, Char Organizations: Hong Kong CNN, Strategic Support Force, Support Force, PLA, China’s Defense, Aerospace Force, Cyberspace Force, Central Military Commission, Logistic Support Force, Information, Force, People's Liberation Army, Xinhua News, Information Support Force, Xinhua, Pentagon, National Defense University, Aerospace Systems Department, Network System Department, Xinhua News Agency, Rajaratnam, of International Studies, SSF’s Aerospace Systems Department, “, Communist Party, Taiwan Locations: China, Hong Kong, Beijing, Washington, United States, Singapore, Ukraine, Taiwan Strait, Taiwan

☆ Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more
▼ + stars: | 2024-04-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

CarMax — The used vehicle seller tumbled 13% after reporting fourth-quarter earnings of 32 cents per share on revenue of $5.63 billion. Analysts had expected earnings per share of 49 cents on revenue of $5.80 billion, according to LSEG, formerly known as Refinitiv. Nike — The athletic apparel maker added 3.2% after Bank of America upgraded Nike to buy from neutral. The deal values Alpine shares at $65, roughly 67% above its close on Tuesday, the day before reports that Alpine was considering its options. Atlassian — Shares rose 3.2% after Barclays upgraded the software maker to overweight from equal weight and raised its price target.

Persons: CNBC's David Faber, David Ellison, Faber, Lisa Kailai Han, Sarah Min, Yun Li, Samantha Subin, Michelle Fox, Alex Harring Organizations: Nike, Bank of America, Paramount, Skydance Media, Sciences, Vertex Pharmaceuticals, U.S . Space Force Space Systems Command, Constellation, Constellation Brands, LSEG, Barclays

☆ NASA shuts down $2 billion satellite refueling project after contractor Maxar is criticized for poor performance
▼ + stars: | 2024-03-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency's auditor criticized the program's lead contractor, Maxar, citing "poor performance." The space agency said in a statement that the OSAM-1 — On-orbit Servicing, Assembly, and Manufacturing 1 — project was being discontinued after nearly a decade of work. NASA did not respond to CNBC's request for comment on how many personnel will be affected as a result of OSAM-1's cancellation. Maxar was taken private by private equity firm Advent International in May 2023 before being split into two businesses: Maxar Intelligence, focused on satellite imagery and analytics, and Maxar Space Systems, focused on spacecraft manufacturing. NASA's Goddard Space Flight Center in Maryland was leading the work on OSAM-1, with Maxar Space Systems as the project's prime contractor under multiple deals.

Persons: Eric Glass, Maxar, NASA's, Goddard, General Organizations: NASA, Space Systems, CNBC, International, Maxar Intelligence, Systems, NASA's Goddard Space Flight, Maxar, U.S, Northrop Locations: Maryland, Goddard

☆ Space photos from 5 recent moon-landing missions show how tiny engineering errors can cause big problems, like crashing or landing sideways
▼ + stars: | 2024-02-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The Houston-based company's uncrewed Odysseus lander was almost lost to one of the tiniest possible mistakes. The view from the Intuitive Machines Odysseus lander as it descended to its landing site. Intuitive MachinesWith less than two hours to go before landing, Intuitive Machines engineers frantically whipped up a new navigation system. Indeed, several robotic moon landing attempts have crashed or otherwise malfunctioned in the last few years. Similarly, Intuitive Machines' success on Thursday shows that small errors don't necessarily have to spell the end of a mission.

Persons: Steve Altemus, Trent Martin, Odysseus, Astrobotic —, Peregrine, Astrobotic Astrobotic, Astrobotic, Vikram, SpaceNews, Robert Braun, Kailasavadivoo Sivan, ispace, NASA's, Braun, Japan's Smart Lander, SLIM, LEV, Takara Tomy Organizations: US, Business, NASA, Reconnaissance, Goddard, Arizona State University, Johns Hopkins Applied Physics Laboratory, NASA's Goddard Space Flight, freefall, JAXA, Takara, Sony Group Corporation, Doshisha Locations: India, Japan, Houston

☆ Rocket Lab says contract backlog tops $1 billion, outlines Neutron progress toward first launch
▼ + stars: | 2024-02-27 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab is making steady progress on the development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion. Year over year, Rocket Lab's fourth-quarter net loss widened by about 36% as the company continues to spend heavily to create its Neutron rocket. Shares of Rocket Lab slipped 5% in after-hours trading from its close at $4.71. Rocket Lab forecast first-quarter revenue between $92 million and $98 million.

Persons: Peter Beck Organizations: Revenue, LSEG, Space Development Agency, Rocket Locations: New Zealand

☆ NASA is back on the moon — with the first commercial lunar landing ever
▼ + stars: | 2024-02-23 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: —, Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

☆ Intuitive Machines snags the first commercial moon landing ever. Its Odysseus lander returns NASA to the moon after 52 years.
▼ + stars: | 2024-02-22 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: Astrobotic, Odysseus, Tim Crain, —, Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

CAPE CANAVERAL, Fla. (AP) — Another private U.S. company took a shot at the moon Thursday, launching a month after a rival’s lunar lander missed its mark and came crashing back. NASA, the main sponsor with experiments on board, is hoping for a successful moon landing next week as it seeks to jumpstart the lunar economy ahead of astronaut missions. SpaceX’s Falcon rocket blasted off in the middle of the night from NASA’s Kennedy Space Center, dispatching Intuitive Machines’ lunar lander on its way to the moon, 230,000 miles (370,000 kilometers) away. If all goes well, a touchdown attempt would occur Feb. 22, after a day in lunar orbit. Only five countries — the U.S., Russia, China, India and Japan — have scored a lunar landing and no private business has yet done so.

Persons: NASA’s, Japan —, Steve Altemus, Astrobotic, Gene Cernan, Harrison Schmitt, let’s, Trent Martin, Jeff Koons, Embry Organizations: NASA, NASA’s Kennedy Space Center, Pacific, Columbia, Riddle, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, U.S, Russia, China, India, Japan, Houston, Antarctica, Israeli, Tokyo

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ White House confirms US has intelligence on Russian anti-satellite capability
▼ + stars: | 2024-02-15 | by ( Michael Williams | Kevin Liptak | ) edition.cnn.com time to read: +5 min

Washington CNN —The White House on Thursday confirmed that the national security threat flagged by the chairman of the House Intelligence Committee the previous day is related to “an anti-satellite capability that Russia is developing,” but sought to soothe concerns about the danger it presents to the United States. “This is not an active capability that’s been deployed,” National Security Council spokesman John Kirby said Thursday. “There was notifications from the intelligence community that made it just clearer now than before,” Crenshaw said. “This was just the time.”The post from Turner called on President Joe Biden to declassify “all information” related to the threat. Kirby said the US intelligence community had “serious concerns” about a broad declassification of intelligence related to the threat.

Persons: that’s, John Kirby, ” Kirby, Mike Turner of, Turner, Matt Gaetz, “, Andy Ogles, Ogles, Kirby, Donald Trump, Dan Crenshaw, Crenshaw, ” Crenshaw, Joe Biden, declassify, Biden, Hans Kristensen, CNN’s Morgan Rimmer, Oren Liebermann, Katie Bo Lillis Organizations: Washington CNN, House Intelligence, ” National Security, House Intelligence Committee, Republican, Turner, Ukraine, Russia, Reuters, GOP, Intelligence, Texas Rep, Federation of American, CNN, 2022 Defense Intelligence Agency Locations: Russia, United States, Mike Turner of Ohio, Florida, ”, Tennessee, Ukraine, Russian

☆ Weeks after the Peregrine lunar lander failed, NASA is launching the IM-1 mission to touch down on the moon
▼ + stars: | 2024-02-14 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

The Houston-based company Intuitive Machines, in collaboration with NASA, is launching its first mission to the moon atop a SpaceX Falcon 9 rocket. AdvertisementUnlike China, India, and Japan, the US hasn't put anything on the lunar surface in more than 50 years. AdvertisementThrough a $118 million contract, the agency is sponsoring Intuitive Machines to launch its first mission, called IM-1, toward the moon early Wednesday. SOPA Images/Getty ImagesThe mission's Nova-C lander should descend to the lunar surface just one week later, on February 22. To date, only India has landed in the lunar south pole region.

Persons: —, NASA hasn't, NASA’s, SLIM, TAKARA TOMY, ispace, Trent Martin, we've Organizations: Service, SpaceX, NASA, NASA’s Goddard Space Flight, Arizona State University, Russia, TAKARA, Sony, Doshisha University, Reuters, AP Locations: Houston, China, India, Japan, Cape Canaveral , Florida, Russia

☆ Bank of America says this stock is the 'strongest pure-play space name' with the potential to double
▼ + stars: | 2023-11-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Rocket Lab shares have the potential to take off, according to Bank of America. Analyst Ronald Epstein reiterated his buy rating on the space stock while shaving his price target down by $2 to $10. Epstein's new price target implies the stock could soar 134.2% from Monday's close. After investigating the September mid-flight failure of its Electron rocket, Rocket Lab is aiming to get its launch business back on track by the end of the year. The analyst's price target cut followed a reassessment of the discount rate following the Electron launch snafu.

Persons: Ronald Epstein, Epstein, Bank of America's Epstein, Epstein doesn't, CNBC's Michael Bloom, Michael Sheetz Organizations: Bank of America, Bank of, MDA Locations: Monday's

Many countries are working on them — and neither China, Russia, Iran, India or Pakistan have signed a U.S.-initiated pledge to use military AI responsibly. Another AI project at Space Force analyzes radar data to detect imminent adversary missile launches, he said. One urgent challenge, says Jane Pinelis, chief AI engineer at Johns Hopkins University’s Applied Physics Lab and former chief of AI assurance in Martell’s office, is recruiting and retaining the talent needed to test AI tech. Testing and evaluation standards are also immature, a recent National Academy of Sciences report on Air Force AI highlighted. Might that mean the U.S. one day fielding under duress autonomous weapons that don’t fully pass muster?

Persons: —, Replicator —, Kathleen Hicks, ”, Gregory Allen, we’ve, Missy Cummings, George Mason, Lisa Costa, Wallace ‘ Rhet ’ Turnbull, Tom Siebel, Matt Visser, Palantir, Jack Shanahan, Maven, Mark Milley, Christian Brose, Paul Scharre, ” Anduril, Nathan Michael, Michael, Shanahan, Craig Martell, Martell, Jane Pinelis, “ Organizations: U.S ., Russia, Air Force, China, Pentagon, Department of Defense, Center for Strategic, International Studies, Navy, ” U.S . Space Force, Space Force, Space Systems Command, Blackhawk, ., U.S . Missile Defense Agency, Defense Counterintelligence, Security Agency, Third Infantry Division, NATO, Maven, National Geospatial - Intelligence Agency, U.S . Special Operations, ISIS, Command, Control, Chiefs, Armed Services Committee, U.S, Marines, Special Forces, Industry, BAT, Marine Expeditionary, Pentagon AI, LinkedIn, Johns Hopkins, Lab, National Academy of Sciences Locations: Md, Ukraine, U.S, China, Russia, Iran, India, Pakistan, ” U.S, Silicon Valley

☆ Earth received a message sent from a deep space laser — it took just 50 seconds to travel 10 million miles
▼ + stars: | 2023-11-22 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

The technological feat, using NASA's Psyche probe, broke new ground for deep space communications. AdvertisementNASA has achieved a world-first after sending a laser-beamed message to Earth from nearly 10 million miles away within 50 seconds. While the space agency has long been able to communicate with spacecraft using radio waves, it had never before been able to send information using lasers from that far into space. The feat, achieved using NASA's Deep Space Optical Communications (DSOC) experiment on board the Psyche spacecraft, could someday allow humans to stream video calls on Mars. The spacecraft then beamed back information using its laser.

Persons: —, Lacey Young, Peter Rubin, Abi Biswas, Biswas, Trudy Kortes, Psyche Organizations: NASA, Service, Optical Communications, Jet Propulsion, Hale, JPL, Caltech, Arizona State Univ, Systems, ASU, Technology, Space Technology Locations: Wrightwood , California, San Diego County , California, Arizona, Palomar

☆ Investing in Space: The military doled out $6 billion for rocket launches — and it's not done yet
▼ + stars: | 2023-11-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The orders are in and we now finally know how the Space Force's most recent block buy of rocket launches shook out: In the end, the military dished out over $5.6 billion in contracts to SpaceX and ULA for 48 launches. The folks over at Space Force's Space Systems Command shared with me the full breakdown of the National Security Space Launch (NSSL) Phase 2 contract awards. In total, Space Force assigned United Launch Alliance (ULA) with 26 missions worth $3.1 billion, while SpaceX got 22 missions worth $2.5 billion. One important thing to keep in mind: This discussion is entirely about ordering launches, not actually launching the rockets themselves.

Persons: CNBC's Michael Sheetz, SSC's, Doug Pentecost, ramped, Pentecost, it's, I've, we've Organizations: SpaceX, Space Force, Systems Command, National Security, United Launch, DOD, Space, SSC Locations: ULA, U.S

☆ Rocket Lab pushes to get launch business back on track, with 22 Electron missions booked next year
▼ + stars: | 2023-11-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Peter Beck, chief executive officer of Rocket Lab, speaks during the US Chamber of Commerce's Global Aerospace Summit in Washington, D.C., Sept 14, 2022. Rocket Lab is pushing to get its launch business back on track by the end of the year, reporting on Wednesday third-quarter results that saw continued strength in its space systems division. Rocket Lab expects to resume Electron launches as soon as Nov. 28, with a mission for Japanese satellite imagery company iQPS. For the fourth quarter, Rocket Lab expects revenue between $65 million and $69 million, with just $16.5 million in revenue from its launch business. With its Electron launches expected to resume, Rocket Lab sees first quarter 2024 revenue climbing to between $95 million and $105 million.

Persons: Peter Beck, Beck Organizations: Rocket, US Chamber of Commerce's Global Aerospace Summit, Washington , D.C, LSEG, Revenue, Wall Street, Lab Locations: Washington ,

☆ Space Force awards $2.5 billion in rocket contracts to SpaceX and ULA for 21 launches
▼ + stars: | 2023-11-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, on Nov. 1, 2022. The U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the military branch told CNBC. Space Force expanded the NSSL Phase 2 program significantly since naming SpaceX and ULA as its two launch providers in 2020. Space Force had previously announced that of mission assignments, 60% would go to ULA and 40% to SpaceX. The final Phase 2 assignments come as Space Force prepares to ramp up the NSSL program even further with Phase 3.

Persons: Lockheed Martin, Doug Pentecost, ULA, Elon, Pentecost, SpaceX's, ULA's Vulcan Organizations: SpaceX, Heavy, U.S . Space Force, Space Systems Command, Boeing, Lockheed, Falcon, Force's, Systems Command, Tuesday, United Launch Alliance, CNBC, USSF, Space Force, CNBC PRO Locations: Cape Canaveral , Florida, ULA, U.S

☆ Investing in Space: How the Pentagon sizes up China’s military strength in space
▼ + stars: | 2023-10-26 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Coming in at a whopping 212 pages, the document represents the latest in-depth, albeit unclassified, view of China's military ambitions. The Pentagon highlighted that the space capabilities of the Chinese military, or PLA, are continuing to "mature rapidly" thanks to "significant economic and political resources to growing all aspects of its space program." China's PLA has a "Strategic Support Force," or SSF, under which is the "Space Systems Department", or SSD, that leads its military space operations. The Pentagon emphasized that most of those Chinese satellites can "support monitoring, tracking, and targeting of U.S. and allied forces worldwide, especially throughout the Indo-Pacific region."

Persons: CNBC's Michael Sheetz, landers, it's, Richard DalBello, China isn't Organizations: Taiyuan Satellite, CNBC's, Pentagon, PLA, Force, Systems Department, U.S, China, GPS, NASA Locations: Taiyuan, Shanxi Province, United States, Xi's, China, Namibia, Pakistan, Argentina, Kenya, U.S, Baku

☆ Bezos' Blue Origin sees third executive departure amid restructuring
▼ + stars: | 2023-10-20 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

Eilola's departure follows plans announced last month by Bezos to replace Smith, who has been Blue Origin's CEO since 2017, with longtime Amazon executive Dave Limp by the end of the year. Blue Origin did not respond to a request for comment. Bezos founded Blue Origin in 2000 with the vision of having millions of people living and working in space. In the past several months, Blue Origin's corporate structure has changed substantially as its leadership gets a revamp. Blue Origin this year also spun its moon lander program into a new independent business unit.

Persons: Jeff Bezos's, Ivan Pierre Aguirre, Origin's, Jeff Bezos, Bob Smith, Mike Eilola, Bezos, Smith, Dave Limp, Brent Sherwood, Shepard, Limp, Joey Roulette, Will Dunham Organizations: Shepard, REUTERS, Rights, Reuters, Elon, SpaceX, Blue, Amazon, Honeywell Aerospace, Glenn, NASA, Space Systems, Thomson Locations: Van Horn , Texas, U.S, United States

☆ Prada and Axiom Space collaborate to design NASA's lunar spacesuits
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: 1 min

Prada signage is seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File photo Acquire Licensing RightsMILAN, Oct 4 (Reuters) - Italian luxury group Prada (1913.F) and Texas-based startup Axiom Space will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025, the two companies said on Wednesday. Prada's engineers will work alongside the Axiom Space systems team throughout the design process, developing solutions for materials and design features to protect astronauts against the challenge of space and the lunar environment, they said in a joint statement. Axiom has a contract with U.S. space agency NASA to develop spacesuits for use on the moon and other space programmes. Reporting by Elisa AnzolinOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Artemis, Elisa Anzolin Organizations: Prada, Woodbury, REUTERS, U.S, NASA, Thomson Locations: Central Valley , New York, U.S, Texas

☆ Prada and Axiom Space Collaborate to Design NASA's Lunar Spacesuits
▼ + stars: | 2023-10-04 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

MILAN (Reuters) - Italian luxury group Prada and Texas-based startup Axiom Space will collaborate to design NASA's lunar spacesuits for the Artemis III mission planned for 2025, the two companies said on Wednesday. Prada's engineers will work alongside the Axiom Space systems team throughout the design process, developing solutions for materials and design features to protect astronauts against the challenge of space and the lunar environment, they said in a joint statement. Axiom has a contract with U.S. space agency NASA to develop spacesuits for use on the moon and other space programmes. (Reporting by Elisa Anzolin)

Persons: Artemis, Elisa Anzolin Organizations: MILAN, Prada, U.S, NASA Locations: Texas

☆ Rocket Lab stock drops 25% after first launch failure in over two years
▼ + stars: | 2023-09-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Rocket Lab stock fell in premarket trading after the company suffered its first launch failure in over two years early Tuesday morning. "We are deeply sorry to our partners Capella Space for the loss of the mission," Rocket Lab said in a statement. Shares of Rocket Lab fell as much as 26% in premarket trading from its previous close at $5.04. But Rocket Lab warned it will be postponed while it resolves the launch failure. After its previous launch failure, Rocket Lab launched its next Electron mission 70 days later.

Persons: Space – Organizations: Rocket, Space, Federal Aviation Administration, Capella Space, Elon, SpaceX, Lab Locations: New Zealand, Acadia, San Francisco, U.S

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