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Top related persons:
Sierra - 2 Eren - 1 Jeff Babione - 1 Gupta - 1 Jeff Bezos - 1 It's - 1 Rebecca Wickes - 1 Wickes - 1
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Search resuls for: "Sierra Space's"


4 mentions found


☆ Sierra Space lays off hundreds in push toward first Dream Chaser spaceplane launch
  + stars: | 2023-11-16 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
Former Sierra Space employees told CNBC that the layoffs included a significant number of contractors, with the cuts including hundreds of personnel in total. Sierra Space this week shipped the first Dream Chaser, named Tenacity, for pre-launch testing at NASA's Armstrong facility in Ohio. The first Dream Chaser launch was previously scheduled for late last year, but delays in the development of United Launch Alliance's Vulcan rocket pushed back that timeline. Dream Chaser is planned to launch on ULA's second Vulcan mission, with the first Vulcan launch targeting December. Dream Chaser has won NASA contracts to fly seven cargo missions to and from the International Space Station.
Persons: Eren, Sierra, Jeff Babione, Gupta Organizations: CNBC, Sierra Space, NASA's Armstrong, Sierra, Sierra Nevada Corp, Fatih, Sierra Space's, Space, NASA Space Shuttle, United, Vulcan, NASA, International Space Locations: The Colorado, Sierra, Ohio
☆ Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky
  + stars: | 2023-09-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +2 min
The Orbital Reef space station partnership between Jeff Bezos' Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a co-led project in 2021, but updates about the project dried up in the past year. It's becoming increasingly likely that Blue Origin and Sierra Space will go their separate ways, leaving behind joint efforts to develop Orbital Reef, according to those sources. Shortly after unveiling the Orbital Reef project, Blue Origin won a $130 million contract from NASA for design work on the private space station. "Our team is currently testing window frames and materials in a relevant space environment," Blue Origin said, without mentioning Orbital Reef by name.
Persons: Jeff Bezos, It's, Rebecca Wickes, Wickes, Sierra Organizations: CNBC, Space, Origin, NASA, Sierra
☆ Sierra Space raising nearly $300 million from Japanese consortium at $5 billion valuation
  + stars: | 2023-09-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
Sierra Space, the subsidiary of private aerospace contractor Sierra Nevada Corporation, is finalizing a raise of nearly $300 million, CNBC has learned. Sierra Space expects to announce the raise as soon as this week, those people said. Two years ago, Sierra Space raised $1.4 billion at a $4.5 billion valuation from investors including General Atlantic, BlackRock, AE Industrial Partners, Coatue and Moore Strategic Ventures. The fresh funds come as Sierra Space focuses on getting its Dream Chaser spaceplane flying. Sierra Space is also one of several companies working on a private space station.
Persons: MUFG Organizations: Space, Sierra Nevada Corporation, CNBC, Sierra, Tokio Marine, Citigroup, General Atlantic, Partners, Coatue, Moore Strategic Ventures, NASA Space Shuttle, United, Vulcan Locations: Tokio, BlackRock
☆ Redwire and Sierra team up to make drugs in space on inflatable habitat’s first mission
  + stars: | 2023-08-21 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
An ADSEP with blue PIL-BOXs, hardware which will be delivered to Sierra Space for the LIFE habitat pathfinder mission. Space infrastructure company Redwire is putting a biotech technology test bed on Sierra Space's first mission with its inflatable space habitat, establishing a new partnership between the two companies to make drugs in orbit. "It's an incredible moment for Redwire, an incredible moment for Sierra," Mike Gold, Redwire's chief growth officer, told CNBC. Redwire is not alone in targeting that market, with startups like Varda and Space Forge also working on such test beds. The idea is to manufacture drugs in space, leveraging the environment to create unique materials, that would be returned for use on Earth.
Persons: Mike Gold, Varda Organizations: Space, LIFE, pathfinder, CNBC, Space Forge Locations: Space's, Space
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