DIRS.INFO The most relevant business & tech news

☆ European telescope launched to hunt for clues to universe's darkest secrets
▼ + stars: | 2023-07-01 | by ( ) www.cnbc.com time to read: +3 min

A SpaceX Falcon 9 rocket, with the European Space Agency Euclid space telescope, lifts off from pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, July 1, 2023. The Euclid mission is designed to explore the evolution of the dark universe. A European space telescope blasted off Saturday on a quest to explore the mysterious and invisible realm known as the dark universe. SpaceX launched the European Space Agency's Euclid observatory toward its ultimate destination 1 million miles (1.5 million kilometers) away, the Webb Space Telescope's neighborhood. "It's more than a space telescope, Euclid.

Persons: Webb, Josef Aschbacher, Carole Mundell, Euclid, It's, Rene Laureijs, Europe's, Giuseppe Racca Organizations: SpaceX, European Space Agency, Cape Canaveral Space Force, Space, NASA Locations: Cape Canaveral, Fla, Germany, Florida, Guiana, South America, Ukraine

The flight marks a decisive moment for Virgin Galactic Holding Inc (SPCE.N), the space tourism venture founded by British billionaire Richard Branson in 2004, as it inaugurates commercial service following several years fraught with development setbacks. Rounding out the crew was their Virgin Galactic trainer, Colin Bennett, the company's lead "astronaut instructor," and Unity's two pilots, Michael Masucci and Nicola Pecile. A final crewed test flight to space was conducted with little fanfare five weeks ago. Virgin Galactic has said it has already booked a backlog of some 800 customers, charging from $250,000 to $450,000 per seat, and envisions eventually building a large enough fleet to accommodate 400 flights annually. An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

Persons: Richard Branson, Jeff Bezos's, Elon Musk's, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Branson, Bezos, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham Organizations: Virgin Galactic, National Research Council, Italy, Virgin Galactic Holding Inc, Virgin, Elon Musk's SpaceX, Italian Air Force, VSS Unity, International Space, Air Force, America, Unity, NASA, U.S . Air Force, Thomson Locations: New Mexico, Italy, British, Italian, Los Angeles

Virgin Galactic leases part of the facility. The flight marked a long-delayed breakthrough for Virgin Galactic Holding Inc (SPCE.N), finally inaugurating commercial service after nearly 20 years of fraught by development setbacks. Rounding out the crew was their Virgin Galactic trainer, Colin Bennett, the company's lead "astronaut instructor," and Unity's two pilots, Michael Masucci and Nicola Pecile. Virgin Galactic said Unity topped out its flight at an altitude of nearly 52.9 miles (85.1 km). An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

Persons: Richard Branson, Joe, Branson, Burt Rutan, Jeff Bezos's, Elon Musk's, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Bezos, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham, Nick Zieminski Organizations: Virgin, REUTERS, Virgin Galactic, National Research Council, VSS Unity, America, Galactic, Virgin Galactic Holding Inc, . Virgin, Elon Musk's SpaceX, Italian Air Force, International Space, Air Force, Unity, NASA, U.S . Air Force, Thomson Locations: New Mexico, U.S, Italy, Mexico, Italian, Los Angeles

Virgin Galactic leases part of the facility. The flight marked a long-delayed breakthrough for Virgin Galactic Holding Inc (SPCE.N), finally inaugurating commercial service after nearly 20 years fraught by development setbacks. Virgin Galactic said Unity topped out its flight at an altitude of nearly 52.9 miles (85.1 km). A final crewed test flight to space was conducted with little fanfare five weeks ago. An earlier prototype of the Virgin Galactic rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another.

☆ Virgin Galactic launches first paying customers to the edge of space
▼ + stars: | 2023-06-29 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

CNN —Virgin Galactic, the venture founded by British billionaire Richard Branson, successfully launched its first paying customers to the edge of space — a milestone two decades in the making. (Future Virgin Galactic flights, however, are expected to include a range of high-profile customers.) Bennett’s role was to assess the comfort and function of the flight, using that information to inform future changes Virgin Galactic might make to its rocket-powered space plane, VSS Unity. Organizations such as NASA have routinely flown experiments on suborbital rockets, including Virgin Galactic and Blue Origin missions. In a tragic 2014 accident, Virgin Galactic’s space plane broke apart during flight, killing the mission’s copilot, Michael Alsbury.

Persons: Richard Branson, Virgin Galactic’s, Jeff Bezos’s, Walter Villadei, Angelo Landolfi, Colin Bennett, Pantaleone, Branson, Burt Rutan, Paul Allen, Hamish Harding, Michael Alsbury, — Organizations: CNN, Virgin Galactic, Italian Air Force, Virgin, SpaceX, Italy’s National Research Council, Branson, VSS, VSS Unity, NASA, International, National Research Council, Microsoft, Galactic, OceanGate, Scaled Composites, Origin, Congress, Federal Aviation Administration, FAA Locations: British, New Mexico, United States

☆ Live updates: Virgin Galactic completes first commercial spaceflight
▼ + stars: | 2023-06-29 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

People react as the passenger rocket plane operated by Virgin Galactic takes off, during the company's first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023. Space tourism company Virgin Galactic , founded by Sir Richard Branson in 2004, completed its long-awaited first commercial spaceflight, called "Galactic 01," on Thursday. The three paying passengers are members of the Italian Air Force. Virgin Galactic's start to commercial service comes after years of delays and setbacks. Virgin Galactic has a backlog of about 800 passengers.

Persons: Sir Richard Branson, Virgin Galactic's Organizations: Virgin Galactic, America, Space, Italian Air Force, Virgin, VSS Unity Locations: New Mexico, U.S

The flight, dubbed Galactic 01, comes two years after Branson himself rode along with five other Virgin Galactic Holdings Inc (SPCE.N) personnel for the company's first fully crewed test spaceflight of its rocket plane, VSS Unity. Back then, Virgin Galactic officials said they expected to begin regular commercial operations in 2022 following additional test flights. Virgin Galactic had projected booking its first 1,000 paying customers, charging about $250,000 per seat, by the time commercial service opened. An earlier prototype of Virgin Galactic's rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another. Billionaire rival Jeff Bezos, whose astro-tourist venture Blue Origin has already flown several commercial passenger flights, has disparaged Virgin Galactic as falling short of a true spaceflight experience.

Persons: Richard Branson, Joe Skipper, Branson, Walter Villadei, Angelo Landolfi, Pantaleone, Colin Bennett, Michael Masucci, Nicola Pecile, Branson's, Jeff Bezos, Virgin, Shepard rocketship, Jose Luis Gonzalez, Steve Gorman, Will Dunham Organizations: Virgin, Unity, REUTERS, Virgin Galactic, National Research Council, Virgin Galactic Holdings Inc, VSS, Galactic, SpaceX, Origin, Italian Air Force, International Space, Air Force, . Air Force, America, Corporate, NASA, U.S . Air Force, Thomson Locations: New Mexico, U.S, Italy, Mexico, Italian, Branson, Bezos, Los Angeles

☆ Investing in Space: Here are the rockets chasing to compete with SpaceX's Falcon 9
▼ + stars: | 2023-06-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +14 min

SpaceXCNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Overview: Chasing the FalconNo rocket has been better-described as a "workhorse" than SpaceX's Falcon 9. Aside from Blue Origin's New Glenn, the early theme is rockets that are close to the capability of Falcon 9 and less expensive. – CNBC, which the lawsuit says were used for NASA projects including the International Space Station and the Space Launch Systems rocket. – Firefly Aerospace: The rocket builder says the deal will bolster its launch, spacecraft, and lunar lander businesses.

Persons: CNBC's Michael Sheetz, Phil Smith, SpaceX's, Glenn, Smith, –, Smith doesn't, CNBC ULA, Tory Bruno, Jeff Bezos, ULA, – Read, Shepard, Bob Smith, Jim Free, Artemis, HawkEye, – Hydrosat, Leonardo DiCaprio, – Momentus, Westinghouse EchoStar's Hughes, – EchoStar, Iris Lan, Sumara Thompson, King, Lan, – NASA Celeste Ford, Ford, – SpiderOak Melissa Quinn, Quinn Organizations: SpaceX CNBC's, SpaceX, Falcon, Boeing, NASA, CNBC, CNBC Department of Defense, Ukraine, Starlink, Pentagon, –, Space Station, Systems, CNBC SpaceX, Cargo, International Space, FAA, Intelsat, Japan Airlines, Embraer, – Intelsat, Rocket, ONE, Washington, Spaceflight, Aerospace, Aerospace Spacecraft, York, MaC Venture Capital, Broom Ventures, Veto, TechCrunch Viasat, Air Force, Viasat, Westinghouse, U.S . Department of Justice, – NASA, Ford, Stellar Solutions Locations: Florida, China, Russia, Colorado, Ukrainian, Bellevue , Washington, Cortado, Cornwall

☆ Virgin Galactic launches high-stakes flight carrying passengers to the edge of space
▼ + stars: | 2023-05-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The space plane is designed to then detach from the mothership, fire its rocket engine and swoop straight up with its two pilots at the controls. Virgin Galactic confirmed just before 12:30 p.m. The space plane then coasted back to a landing back at New Mexico’s Spaceport America. The SpaceShipOne technology was parlayed into a larger space plane design, called SpaceShipTwo, which Virgin Galactic still flies today. Virgin Orbit, a sister company to Virgin Galactic that is focused on launching satellites to space on a small rocket, filed for bankruptcy in April.

☆ Virgin Galactic completes Unity 25 spaceflight in key final test before commercial service
▼ + stars: | 2023-05-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Virgin Galactic did not publicly livestream the flight unlike the previous one that carried founder Sir Richard Branson in July 2021. ET, carrying the company's VSS Unity spacecraft up to an altitude of about 40,000 feet. Virgin Galactic previously said it aims to fly its first commercial mission in "late June," assuming a successful test flight on Thursday. Virgin GalacticUnity 25 represents a crucial moment in the history of Virgin Galactic, which has suffered repeated setbacks and years of delays in developing its spaceflight system. Virgin Galactic has yet to generate meaningful revenue, and needs to be flying spaceflights regularly in order to do so.

An aerial view of a Starship prototype stacked on a Super Heavy booster at the company's Starbase facility outside of Brownsville, Texas. Elon Musk's SpaceX is set to join the Federal Aviation Administration as a co-defendant to fight a lawsuit brought by environmental groups following the company's first test flight of Starship, the world's largest rocket, which ended in a mid-flight explosion last month. The lawsuit seeks for the FAA to conduct an environmental impact statement (EIS) — a lengthy and thorough procedure that would likely sideline SpaceX's Starship work in Texas for years. The company also wrote in the motion that "the FAA does not adequately represent SpaceX's interests" in the lawsuit, since it's a government agency. The FAA in a statement to CNBC said it "does not comment on ongoing litigation issues."

☆ Florida passes bill to prevent billionaires like Elon Musk and Jeff Bezos being sued if their mega-rockets kill or injure people
▼ + stars: | 2023-05-17 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Florida passed a bill protecting space companies in case of injury or death of a crew member. The bill comes as more billionaires are trying to make commercial space flight a reality. Passengers will have to sign a waiver stating they understand the risks of spaceflight before boarding a spaceship, the bill states. Jeff Sharkey, a lobbyist representing SpaceX, also stood in support of the bill at a March 26 hearing, per Florida Politics. Still, the bill doesn't abrogate space companies from all responsibility.

☆ Virgin Galactic targets May 25 for first spaceflight since Richard Branson's trip
▼ + stars: | 2023-05-17 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Virgin Galactic is targeting as early as May 25 for the launch of its next spaceflight, which marks both its first in nearly two years since flying founder Sir Richard Branson and its planned last step before beginning commercial service. Called Unity 25, the mission represents the company's fifth spaceflight to date, launching out of Spaceport America in New Mexico. It is a "final assessment" flight, with six Virgin Galactic employees onboard for a short trip to the edge of space. In-house pilots Mike Masucci and CJ Sturckow will fly spacecraft VSS Unity, while Jameel Janjua and Nicola Pecile will fly carrier aircraft VMS Eve. Depending on the outcome and data gathered from Unity 25, the company aims to fly its first commercial mission in "late June."

☆ Virgin Galactic quarterly loss widens while company preps for spaceflight return
▼ + stars: | 2023-05-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Virgin Galactic is aiming to fly its first spaceflight in nearly two years later this month, but the company's first quarter loss widened dramatically as it funds its fleet growth. Virgin Galactic cited "increases in research and development expenses," in a press release. It paused launches for a lengthy refurbishment period of its vehicles, with Virgin Galactic aiming to fly its first commercial mission in "late June." The space tourism company reported an adjusted EBITDA loss of $140 million, compared with a $77 million loss in the same period a year ago. Shares of Virgin Galactic stock slipped more than 1% in after-hours trading, from its close at $4.09 a share.

☆ Virgin Galactic set for first spaceflight since Richard Branson's trip two years ago
▼ + stars: | 2023-05-08 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

The flight, slated for late May, will carry two pilots and a crew of four Virgin Galactic employees, the company announced Monday. If all goes well, Virgin Galactic expects to begin commercial services out of its spaceport in New Mexico in late June. At the time Virgin Galactic went public in 2019, it had also been touting plans to start commercial service in 2020. They include two pilots — CJ Sturckow and Mike Masucci — as well as four Virgin Galactic employees who will ride in the passenger cabin. Virgin Orbit, a sister company to Virgin Galactic that is focused on launching satellites to space on a small rocket, filed for bankruptcy in April.

Starship is SpaceX's next-generation rocket crucial for the company's commercial launch business and Musk's aim to start human colonies on Mars. The U.S. offers few such options and export controls would make building a foreign launch site difficult. SpaceX has eyed another Kennedy Space Center launch site for future Starship launches, LC-49, a few miles from LC-39A. But that location is in the midst of a lengthy environmental review that could take years. Plans for that orbital launch site, Spaceport Camden, were nixed by a local referendum after a lawsuit raised concerns about its environmental impact.

CNN —Environmental groups are suing the Federal Aviation Administration in federal court over SpaceX’s launch of its massive Starship rocket last month. ‘All kinds of environmental harm’Ahead of the launch on April 20, the FAA issued a finding that the launch would have no significant impact on its surrounding environment. Margolis told CNN that the SpaceX explosion proves the groups’ legal argument that the FAA erred in its decision-making. The FAA’s roleThe FAA licenses commercial rocket launches and gave the green light for the SpaceX launch attempt after more than a year of back-and-forth. When asked about potential legal backlash from environmental groups on Saturday, Musk was defiant.

☆ Photos show just how big the SpaceX Starship mega-rocket is
▼ + stars: | 2023-04-28 | by ( Crystal Raypole | ) www.businessinsider.com time to read: +5 min

SpaceX's Starship rocket is the tallest rocket ever built, but just how tall is that? The Starship rocket consists of a first and second stage. Even close up, humans look tiny compared to Starship and Super Heavy:Stacking Starship on the Super Heavy booster. Making up the remaining six engines are Starship's powerhouse, which consist of three Raptor engines and three even larger Raptor Vacuum engines. SpaceX via TwitterThe Starship mega-rocket recently attempted its first flight toward space but exploded a few minutes after launch.

☆ SpaceX Starship explosion spread particulate matter for miles
▼ + stars: | 2023-04-24 | by ( Lora Kolodny | ) www.cnbc.com time to read: +7 min

Of primary concern is the large amount of sand- and ash-like particulate matter and heavier debris kicked up by the launch. Images captured during the test flight show that the SpaceX launch pad also exploded, with concrete chunks from it flying in multiple directions leaving behind a giant crater underneath. That would translate to a one-square-mile debris field, with debris emanating about three-quarters of a mile away from the site, he said, referencing SpaceX environmental site assessment documents that are public record. Health concernsThe impacts of particulate emissions from the SpaceX launch won't be understood until samples are evaluated and the debris field measured comprehensively. Margolis and Cortez both noted that roads had been damaged, with gates and cordons closed immediately following the SpaceX Starship test flight.

“As if the flight test was not exciting enough, Starship experienced a rapid unscheduled disassembly before stage separation,” SpaceX tweeted. The massive Super Heavy rocket booster, which houses 33 engines, lifted off and sent a massive boom across the coastal landscape as it fired to life. NASA administrator Bill Nelson took to Twitter to share his congratulations on the flight test. Looking forward to all that SpaceX learns, to the next flight test —and beyond.”The test flight comes after years of explosive tests, regulatory hurdles and public hyping from Musk. SpaceX's Starship lifted off for the uncrewed test flight in Boca Chica, Texas.

NASA chief Bill Nelson tweeted: "Congrats to @SpaceX on Starship’s first integrated flight test! Looking forward to all that SpaceX learns, to the next flight test — and beyond." Musk, the founder, chief executive and chief engineer of SpaceX, said on Twitter that the next Starship test launch would be "in a few months." "Congrats @SpaceX team on an exciting test launch of Starship! Learned a lot for next test launch in a few months," he tweeted.

The pad and surrounding area were cordoned off well in advance of the test, SpaceX said. [1/7] SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, explodes after its launch from the company's Boca Chica launchpad on a brief uncrewed test flight near Brownsville, Texas, U.S., April 20, 2023. "Congrats @SpaceX team on an exciting test launch of Starship! Learned a lot for next test launch," he tweeted. Still even a textbook test flight would have by design ended with crash landings of both portions of the spacecraft at sea.

☆ SpaceX readies for another attempt to launch Starship, the most powerful rocket ever built
▼ + stars: | 2023-04-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

The Starship spacecraft, which stands at 164 feet (50 meters) tall, rides atop the rocket. The Starship rocket sits on the SpaceX Starbase in Boca Chica, Texas, on April 15, 2023. In the lead-up to the first launch of the company’s Falcon Heavy rocket, which held the title of most powerful rocket before NASA’s Space Launch System took flight last year, Musk foresaw only a 50-50 chance of success. “People (came) from all around the world to see what will either be a great rocket launch or the best fireworks display they’ve ever seen,” Musk told CNN at the time. The inaugural Falcon Heavy launch in 2018 was ultimately successful.

☆ Juice mission launches to explore Jupiter’s icy ocean worlds
▼ + stars: | 2023-04-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —The European Space Agency has sent a spacecraft to explore Jupiter and three of its largest and most intriguing moons. The Jupiter Icy Moons Explorer mission, or Juice, launched Friday at 8:14 a.m. Toward the end of the mission, Juice will focus solely on orbiting Ganymede, making it the first spacecraft ever to orbit a moon in the outer solar system. The Juice mission was designed to unravel what takes place as Jupiter interacts with its moons, including auroras, hot spots, radio emissions and waves of charged particles. Given the eventual distance between the spacecraft and Earth, it will take 45 minutes to send a one-way signal to Juice.

☆ Jupiter Mission Set to Explore Icy Worlds
▼ + stars: | 2023-04-13 | by ( Aylin Woodward | ) www.wsj.com time to read: 1 min

A historic mission to Jupiter is about to blast off. The European Space Agency’s spacecraft nicknamed Juice—for Jupiter Icy Moons Explorer—is set to begin an eight-year journey toward the planet and three of its largest moons. Juice is scheduled to launch Friday morning Eastern Time from a spaceport in Kourou, French Guiana, after an earlier attempt was scrubbed because of lightning risk.

Search resuls for: "Spaceport"

25 mentions found