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Search resuls for: "Space News"


2 mentions found


☆ Investing in Space: An eyebrow-raising SPAC
  + stars: | 2022-09-22 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +3 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Lunar tech-focused Intuitive Machines announced a SPAC deal last Friday at a near $1 billion valuation. Additionally, SPAC projections have come under scrutiny and Intuitive Machines needs to find its stride quickly to hit its forecasts. Of the five business lines in the company's presentation – Lunar Access Services, Lunar Data Services, Orbital Services, Space Products, and Space Infrastructure – four of them are expected to bring in revenue between $0 and $7 million this year. I'll keep an eye on this one as it looks to swim against the frozen river of the SPAC market.
☆ Elon Musk's Starlink gets FCC green light to beam broadband into moving cars, planes, boats
  + stars: | 2022-07-01 | by ( Isobel Asher Hamilton | ) www.businessinsider.com   time to read: +2 min
Starlink is now allowed to beam broadband into moving vehicles, the FCC said Thursday. This means it will be possible to use Starlink in moving cars, planes, and boats. Starlink already has deals to provide in-flight WiFi to at least two airlines. Starlink uses a network of satellites in low orbit to beam down broadband to users' satellite dishes, called terminals. At launch the company said the internet service could not be used while the RV was in motion.
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