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Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. The company's latest fundraiser was led by tech investor Brad Gerstner's Altimeter Capital and joined by Alpine Space Ventures, adding to the $8.5 million in seed funding it raised from investors including First Round Capital and Republic Capital. K2 declined to specify its valuation after the most recent round. "This round is effectively built for the demand that we're seeing for launching constellations of the Mega class satellites," Karan Kunjur told CNBC. K2's Mega class satellite bus — the physical structure of a spacecraft that provides power, movement and more — is sized to fit in "heavy" and "super heavy" rockets.
Persons: Karan Kunjur, Neel Kunjur, Brad, Glenn Organizations: K2, Alpine Space Ventures, First, Capital, Republic Capital, CNBC Locations: Los Angeles
It will amount to “a high-energy fastball pitch towards the moon,” as Intuitive Machines CEO Stephen Altemus put it. Once in Earth’s orbit, the lunar lander will separate from the rocket and begin venturing on its own, using an onboard engine to boost itself on a direct trajectory toward the lunar surface. Founded in 2013, Intuitive Machines will be the second of the CLPS program participants — after Astrobotic — to attempt a moon landing. If all goes according to plan, Odysseus will spend seven days operating on the moon as the lunar lander basks in the sun. Altemus estimates that Intuitive Machines has about an 80% chance of safely landing Odysseus on the moon.
Persons: Odysseus, Odie, Stephen Altemus, Peregrine, Chandan Khanna, CLPS, , Joel Kearns, Astrobotic —, Jeff Koons —, , “ We’ve, who’s, Odysseus ’, Altemus, “ It’s, ” Altemus Organizations: CNN, NASA, SpaceX, Technology, Cape Canaveral Space Force, Payload, , Columbia, United States, Peregrine Locations: United States, Cape Canaveral , Florida, Houston, Pittsburgh, Cape, China, India, Japan, British, Russia
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. It's been widely reported over the last year that ULA parent companies Boeing and Lockheed Martin are considering offloading the rocket business. That's despite the successful debut of ULA's Vulcan rocket in early January, which I assumed would galvanize a sale. In the meantime, I've been curious to understand how ULA's sale is likely to play out. Boeing and Lockheed Martin are, and have been, looking to sell the rocket business for some time.
Persons: CNBC's Michael Sheetz, It's, Lockheed Martin, ULA, Tory Bruno, Jeff Bezos, hasn't, I've, it's Organizations: Boeing, Lockheed, Origin, Textron, SpaceX, U.S ., Glenn, Vulcan Locations: ULA
CNN —After soaring hundreds of thousands of miles through space and battling a propellant issue that dashed its plans, the Peregrine lunar lander has likely met its fiery end. The launch went off without a hitch, safely delivering the Peregrine lander into Earth’s orbit on a path toward the moon. But hours into its solo flight, the Peregrine lander encountered critical setbacks. A proving ground for commercial lunar landersA private lunar lander has never safely reached the moon’s surface — though other companies have tried. Astrobotic’s Thornton admitted to reporters that the Peregrine mission cost his company more money than it made.
Persons: Lockheed Martin, Astrobotic, Joel Kearns, ” Thornton, landers, SpaceIL, Ispace, Peregrine, Astrobotic’s Thornton, “ It’s, , ” Astrobotic, Griffin, Peregrine — Organizations: CNN, Astrobotic Technology, Peregrine, NASA, United Launch Alliance, Lockheed, Boeing, Payload Services, Astrobotic Locations: Australia, Pittsburgh, South, Houston, Israel, Japan
NASA’s plans to return to moon take a hit
  + stars: | 2024-01-13 | by ( Katie Hunt | ) edition.cnn.com   time to read: +7 min
CNN —Humans landed on the moon during NASA’s Apollo program in the late 1960s and 1970s using computers that had far less processing power than today’s smartphones. Several projects are expected to head toward the moon this year with sights set on a soft landing. ExplorationsAstrobotic Technology shared the first image of the Peregrine lunar lander in space on Monday. Once upon a planetThe oldest known fossilized skin is at least 130 million years more ancient than the previously oldest known example. The world’s oldest known fossilized skin belonged to a species of reptile that lived before dinosaurs roamed Earth.
Persons: Russia’s Luna, United States — hasn’t, Peregrine, NASA —, Zhang, King, G.H.R, von Koenigswald, Mooney, Charles Darwin, Ashley Strickland, Katie Hunt Organizations: CNN, United, Astrobotic Technology, Technology, NASA, United Launch Alliance, Payload Services, University of Toronto Mississauga, European Space Agency, CNN Space, Science Locations: India, United States, Pittsburgh, Guangxi, King Kong, Hong Kong, Oklahoma, China, Norway, British, New Mexico
Read previewAstrobotic has a theory for what may have caused its lander to fail on its mission to the moon. This story is available exclusively to Business Insider subscribers. But its hopes were quickly dashed after a fuel leak caused a failure in the spacecraft's propellant system. It does, however, hope to gather as much scientific information as it can while the spacecraft is still operational, Business Insider previously reported. AdvertisementAnother US firm, Houston-based Intuitive Machines, aims to send its own NASA-backed spacecraft, Nova-C, toward the moon in mid-February.
Persons: , Astrobotic, Peregrine Organizations: Service, Business, United Launch Alliance, United, NASA, Planetary Society Locations: Houston
The first human moon landing in more than 50 years also got bumped, from 2025 to September 2026. CHANDAN KHANNA/Getty ImagesLaunched on Monday as part of NASA's commercial lunar program, Astrobotic Technology's Peregrine lander was supposed to serve as a scout for the astronauts. Related storiesNASA is relying heavily on private companies for its Artemis moon-landing program for astronauts, named after the mythological twin sister of Apollo. SpaceX's Starship mega rocket will be needed to get the first Artemis moonwalkers from lunar orbit down to the surface and back up. In a test flight of its new moon rocket in 2022, the space agency sent an empty Orion capsule into lunar orbit and returned it to Earth.
Persons: , Bill Nelson, Peregrine Lunar Lander, CHANDAN KHANNA, Astrobotic, Peregrine, Artemis, Timothy Clary, Elon Musk's, Amit Kshatriya Organizations: NASA, Service, Artemis, United Launch Alliance, Houston, Getty, SpaceX Locations: Pittsburgh, Texas, of Mexico, AFP
The US's first lunar lander in decades has met its doom. After launching on Monday, Peregrine Mission One started leaking fuel, Astrobotic said. Peregrine Mission One, a lunar lander built by Astrobotic, started leaking fuel hours after it launched from Cape Canaveral in Florida on Monday. The helium may have put the oxidizer tank under too much pressure, causing it to rupture and create the fuel leak, Astrobotic added. Peregrine Mission One is a nearly 2,900-pound uncrewed lander that carries 20 payloads from seven countries and 16 companies.
Persons: Peregrine, Astrobotic, Organizations: Peregrine Mission, Service, Grumman, DHL MoonBox, DHL, Peregrine, United Launch Alliance Vulcan Locations: Cape Canaveral, Florida, Hungary, Seychelles
Read previewA US spacecraft carrying human remains launched on Monday in a bid to become the first private mission to land on the moon. "Unfortunately, it appears the failure within the propulsion system is causing a critical loss of propellant," the company that built the lunar lander, Astrobotic, said in an update Monday afternoon. AstroboticSeveral capsules on board the lander are part of a memorial service offered by private companies Celestis and Elysium Space. The screenwriter was also part of the first human "space burial" in 1992 when his ashes were put aboard NASA's spacecraft Columbia. Astrobotic Peregrine Mission One is the first of NASA's Commercial Lunar Payload Services (CLPS)-backed missions to launch.
Persons: , Peregrine, John Thornton, Celestis, Gene Roddenberry, Majel Barrett, George Washington, Dwight Eisenhower, John F, Kennedy, — Arthur C Clarke, Stanley Kubrick, Gene Roddenberry's, Thornton, Mr, Peregrine isn't, Astrobotic, landers, Artemis Organizations: Service, Business, Astrobiotic, United Launch Alliance, Cape Canaveral Space Force, Peregrine, NASA, United Launch Alliance Vulcan, New York Times, Navajo Nation, The New York Times, Houston, Payload Locations: Cape, Florida, Navajo, Stickiness, Russia, India, China
Meta and IBM have launched an alliance that's calling for an "open science" approach to AI development. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that's advocating for an "open science" approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. AdvertisementPart of the confusion around open-source AI is that despite its name, OpenAI — the company behind ChatGPT and the image-generator DALL-E — builds AI systems that are decidedly closed. An increasingly public debate has emerged over the benefits or dangers of adopting an open-source approach to AI development. Biden's order described open models with the technical name of "dual-use foundation models with widely available weights" and said they needed further study.
Persons: , they're, That's, Darío Gil, Alliance —, Gil, OpenAI, Ilya Sutskever, there's, David Evan Harris, Harris, Oppenheimer, Camille Carlton, Yann LeCun, LeCun, fearmongering, Chris Padilla, Joe Biden's, Gina Raimondo Organizations: Meta, IBM, Google, Microsoft, Service, Tech, Alliance, Dell, Sony, AMD, Intel, Associated Press, Stanford University, University of California, for Humane Technology, Frontier Model, Windows, Commerce, European Locations: Berkeley
Amazon struck a deal with SpaceX to use Falcon 9 rockets to launch Amazon's low orbit satellites. The financial terms of the deal between the satellite internet competitors were not disclosed. AdvertisementAmazon and SpaceX, competitors in the satellite internet space, have inked a deal to launch satellites supporting Amazon's Project Kuiper. In response to the news breaking on X, formerly Twitter, SpaceX CEO Elon Musk said: "SpaceX launches competitor satellite systems without favor to its own satellites. Starlink began launching satellites in 2019 and has over 4,000 satellites in orbit, with plans to eventually build a constellation of about 42,000.
Persons: , SpaceX's, Jeff Bezos, Elon Musk, SpaceX's Starlink, Amazon, Starlink Organizations: SpaceX, Service, SpaceX's, United Launch Alliance, Twitter, Business
CNN —Amazon just inked a deal with chief competitor and Elon Musk-helmed SpaceX to launch internet-beaming satellites — a move that comes even as Amazon founder Jeff Bezos pursues his own space dreams with his own rocket company, Blue Origin, and as SpaceX builds its own internet constellation. Some Amazon satellites will still ride on a large rocket made by Blue Origin, dubbed the New Glenn. Amazon is working to build a constellation of thousands of internet satellites, called Project Kuiper, that is planned to beam connectivity across the planet. The Jeff Bezos-founded company made headlines in April 2022 when it signed a contract worth billions of dollars to launch Kuiper satellites on 77 rockets built by Blue Origin — another Bezos-founded venture — as well as ULA and European launch provider Arianespace. In an interview last month, Rajeev Badyal, vice president of technology for Project Kuiper, told CNN the prototypes were wholly successful.
Persons: Elon Musk, Jeff Bezos, Musk, Glenn, it’s, SpaceX’s, Lockheed Martin, , , Amazon, Rajeev Badyal, Kuiper, ” Badyal, Badyal Organizations: CNN, SpaceX, Amazon, SpaceX Falcon, United Launch Alliance, Boeing, Lockheed, , Cleveland Bakers, Teamsters, Fund Locations: ULA, European
And the White House and Pentagon both know that. Mr. Musk, rather than apologize, has threatened lawsuits. But SpaceX is privately held, entirely controlled by Mr. Musk. (Tesla, his electric vehicle company, is publicly held.) And so far, while the White House has been outspoken, the Pentagon has been silent.
Persons: Musk, Lockheed Martin —, Tesla, ” Walter Isaacson, Musk’s, , Lockheed Martin Organizations: House, Pentagon, Raytheon, Boeing, Lockheed, IBM, Apple, Warner Bros, Twitter, SpaceX, Mr, White, U.S, United Launch Alliance Locations: United States
REUTERS/Joe Skipper/File Photo Acquire Licensing RightsNov 16 (Reuters) - Amazon.com (AMZN.O) said on Thursday its two prototype satellites for its planned Kuiper internet network have been operating successfully in orbit, with the project on track to start launching operational satellites by mid-2024. The Kuiper internet network is set to compete against billionaire Elon Musk's Starlink, the world's largest satellite operator, to offer broadband internet service globally to consumers, companies and governments. Amazon said it used the prototype satellites for brief two-way video calls, streaming a high-definition movie on Prime Video and ordering items off Amazon's website. Badyal declined to say how many satellites Amazon would launch per rocket. The Boeing-Lockheed joint venture United Launch Alliance is set to loft the first several batches of Kuiper satellites aboard its Atlas 5 and the company's upcoming Vulcan rocket.
Persons: Joe Skipper, Elon Musk's Starlink, Rajeev Badyal, Badyal, Jeff Bezos, Joey Roulette, Zaheer Kachwala, Tasim Zahid, Will Dunham Organizations: United, Alliance, Cape Canaveral Space Force, REUTERS, United Launch Alliance, U.S . Federal Communications Commission, Reuters, Vodafone, Verizon, Amazon, Boeing, Lockheed, Vulcan, SpaceX, Thomson Locations: Cape Canaveral , Florida, U.S, Florida, New York, Bengaluru
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
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
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
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnited Launch Alliance CEO talks using Vulcan Rocket to fulfill Amazon contractTory Bruno, United Launch Alliance CEO, speaks with CNBC on the latest development in its contract with Amazon.
Persons: Tory Bruno Organizations: United, United Launch Alliance, CNBC, Amazon
United Launch Alliance plans to launch the inaugural flight of its Vulcan rocket on Christmas Eve, CEO Tory Bruno told CNBC's Morgan Brennan on Tuesday. The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, on May 12, 2023. ULA's path to the first Vulcan launch faced several delays earlier this year, including the explosion of an engine during testing by its supplier Blue Origin, previously reported by CNBC. Following the incident, Bruno told CNBC in a "Manifest Space" podcast interview that the company still planned to fly its heavy-lift rocket by late 2023. The company added a massive contract to launch Amazon's Kuiper satellites to its previously government-heavy backlog for Vulcan.
Persons: ULA, Lockheed Martin —, Bruno, Tory Bruno, CNBC's Morgan Brennan, Vulcan's, ramping, — CNBC's Morgan Brennan, Michael Sheetz Organizations: Boeing, Lockheed, CNBC Technology, Summit, United Launch Alliance, Vulcan, Cert, SLC, CNBC Locations: Cape Canaveral , Florida
The first two satellites for Amazon's Project Kuiper internet service were launched on Friday. AdvertisementAdvertisementAmazon launched its first two satellites into orbit on Friday in a challenge to Elon Musk's Starlink internet service. AdvertisementAdvertisementThe launch was delayed from late 2022 after changes were made to the rocket-delivery system used to launch the satellites. United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon's space internet network. Thank you to all of our customers around the world 🛰️🌎❤️ → https://t.co/D6L8BSisQq pic.twitter.com/jVfWTEfHkz — Starlink (@Starlink) September 23, 2023Satellite internet networks bring faster connectivity to rural communities, bridging the digital gap.
Persons: Elon Musk's Starlink, , Elon Musk's, Rajeev Badyal, Elon Organizations: Service, Atlas, United Launch, Kuiper, United Launch Alliance, V, Anadolu Agency, SpaceX
A United Launch Alliance Atlas 5 rocket emblazoned with the Amazon logo lifted off from Cape Canaveral shortly after 2 p.m. Eastern time (1800 GMT), carrying the two Kuiper test satellites, a long-awaited mission Amazon initially had intended to launch using different rockets. In the days leading up to the launch, Amazon divulged few specifics about the two satellites, which were built at its satellite plant in Redmond, Washington. Amazon has vowed to invest $10 billion into its Kuiper project, which was announced in 2019, the year SpaceX began deploying its first operational Starlink spacecraft. The market for broadband internet service from low-Earth orbiting satellites is viewed as being worth up to tens of billions of dollars in the next decade. Like SpaceX, Amazon aims to target individual consumers and enterprise customers with Kuiper, pulling from its devices playbook to build consumer terminals at a company cost of $400 each - though it has not yet announced prices.
Persons: SpaceX's Starlink, Elon, Canada's, Jeff Bezos, Joey Roulette, Chris Reese, Will Dunham 私 たち Organizations: United, Alliance, Cape Canaveral Space Force, SpaceX, United Launch Alliance, Boeing, Lockheed, Amazon Locations: Cape Canaveral , Florida, U.S, 読む WASHINGTON, Florida, Cape Canaveral, Redmond , Washington
Already, SpaceX has more than 4,500 active Starlink satellites in orbit and offers commercial and residential service to most of the Americas, Europe and Australia. The Atlas V rocket carrying Amazon's prototype satellites for Project Kuiper lifted off from Space Launch Complex-41 at Cape Canaveral Space Force Station, Florida. SpaceX has had the clear advantage of using its own Falcon 9 rockets to launch batches of Starlink satellites to orbit. For now, Kuiper satellites are launching on rockets built by United Launch Alliance, a close partner of Blue Origin. In addition to ULA and Blue Origin, Amazon has a Project Kuiper launch contract with European launch provider Arianespace.
Persons: “ We’ve, , Rajeev Badyal, Starlink, Kuiper, Elon Musk, “ I’m, Gregory Falco, Brecke Boyd, SpaceX’s, hasn’t, Jeff Bezos Organizations: CNN, Amazon, SpaceX, United Launch Alliance, Kuiper’s, United, Alliance, Atlas V, Cape Canaveral Space Force, United Nations, Cornell University, Federal Communications Commission, National Science Foundation, Wall Street, European Locations: Cape Canaveral , Florida, Americas, Europe, Australia, Florida, Russia, Ukraine, Starlink, ULA
Even ULA's details about the launch are limited, with the info provided comparable to when the rocket company flies classified spy satellites for the U.S. government. watch nowLast year, Amazon announced the biggest corporate rocket deal in the industry's history to launch Kuiper satellites, signing launch contracts with ULA, Arianespace, and Jeff Bezos' Blue Origin. As part of that deal, Amazon expects to pay about $7.4 billion for Kuiper launches over the next five years. Amazon is playing catch up to SpaceX, which has grown its Starlink satellite internet service to more than 2 million customers. This year Amazon revealed a trio of satellite antennas that it plans to sell to Kuiper customers.
Persons: Paul Hennessey, Jeff Bezos, Elon Musk Organizations: Alliance, V, Cape Canaveral Space Force, Anadolu Agency, Getty, United, U.S ., Amazon, Kuiper, SpaceX, Elon, Seattle – Locations: Cape Canaveral , Florida, United States, Florida, ULA, Seattle, Washington, Redmond, Kirkland, San Diego, Austin , Texas , New York City
CAPE CANAVERAL, Fla. (AP) — Amazon launched the first test satellites for its planned internet service on Friday as a rival to SpaceX’s broadband network. United Launch Alliance’s Atlas V rocket blasted off with the pair of test satellites, kicking off a program that aims to improve global internet coverage with an eventual 3,236 satellites around Earth. SpaceX flew its first test Starlink satellites in 2018 and the first operational satellites in 2019. Political Cartoons View All 1202 ImagesEurope’s Eutelsat OneWeb also is launching internet satellites, with around 600 in orbit. Amazon originally agreed to put the satellites on the debut launch of ULA’s Vulcan rocket.
Persons: Elon Musk’s, Jeff Bezos, OneWeb, Arianespace Organizations: Amazon, Elon Musk’s SpaceX, Origin, SpaceX, Federal Communications Commission, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Florida, California, ULA
NASA's OSIRIS-REx has been traveling for seven years to get an asteroid sample to Earth. Check out its 3.86 billion-mile journey from launch to asteroid sample landing in the photos below. NASA/Keegan BarberAfter collecting the largest asteroid sample ever brought to Earth, OSIRIS began its long journey home. AdvertisementAdvertisementSample retrievalRecovery team members gather around a capsule containing Bennu asteroid samples as part of NASA's OSIRIS-REx mission. Analyzing the sampleLockheed Martin recovery specialists Levi Hanish and Michael Kaye take the lid off NASA's OSIRIS-REx asteroid sample.
Persons: REx, , what's, OSIRIS, imager, Bennu, NASA's, Dante Lauretta, Keegan Barber, Rick Bowmer, NASA’s, Molly Wasser, Martin, Levi Hanish, Michael Kaye, Robert Markowiz, Noah Petro, What's, It's Organizations: Service, REx, NASA, United Launch Alliance, Atlas, Goddard, University of Arizona, Survey, NASA's Goddard Space, Earth, Department of Defense's Utah, AP, US Air Force, NASA’s Johnson Space Center, Space Center, JPL, Caltech Locations: Cape Canaveral , Florida, Salt Lake City, Houston, Houston , Texas
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