Spaceflight

Wilson Sonsini Adds Space and Technology Veteran Curt Blake in Seattle

Retrieved on: 
Thursday, June 15, 2023

Blake co-founded and was formerly CEO of Spaceflight Inc., the largest provider of integrated launch services and leading provider of orbital transfer vehicles for small satellites.

Key Points: 
  • Blake co-founded and was formerly CEO of Spaceflight Inc., the largest provider of integrated launch services and leading provider of orbital transfer vehicles for small satellites.
  • Wilson Sonsini represents a range of NewSpace sector clients in corporate, regulatory, intellectual property, and litigation matters, as well as in technology transactions.
  • The firm’s NewSpace sector clients include investors and companies such as Astranis Space Technologies , BlackSky , Lunasonde , Skylo Technologies , and Slingshot Aerospace .
  • “I’m excited about joining Wilson Sonsini because of its impressive legacy of working with innovative technology and life sciences clients,” said Blake.

Huobi Launches Mars Program Becoming the First Cryptocurrency Exchange to Enter Space Exploration

Retrieved on: 
Thursday, June 15, 2023

Singapore / June 14, 2023 / Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe.

Key Points: 
  • Singapore / June 14, 2023 / Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe.
  • By investing big in the space program, Huobi has shown its dedication as the leading cryptocurrency exchange for space exploration.
  • Huobi users will become the first in the Web3 field to enter space.”
    According to Huobi's announcement, the first phase of the Huobi Mars Program spans from June 2023 to June 2024 and consists of 12 rounds.
  • With this Mars Program, Huobi hopes to introduce space travel to more people, inspire more interest and passion, and promote the development of commercial spaceflight.

Commonwealth Fusion Systems Selected by U.S. DOE for Milestone Program to Accelerate Commercial Fusion Energy

Retrieved on: 
Wednesday, May 31, 2023

Commonwealth Fusion Systems (CFS) has been selected by the U.S. Department of Energy (DOE) as an awardee in its $46 million milestone-based commercial fusion energy development program, a program designed to solidify U.S. leadership in commercial fusion energy.

Key Points: 
  • Commonwealth Fusion Systems (CFS) has been selected by the U.S. Department of Energy (DOE) as an awardee in its $46 million milestone-based commercial fusion energy development program, a program designed to solidify U.S. leadership in commercial fusion energy.
  • CFS is among one of eight companies to be selected and the only one pursuing the conventional tokamak approach to commercial fusion.
  • “CFS is honored to be selected for the DOE’s milestone-based fusion development program,” said Bob Mumgaard, CFS CEO and co-founder.
  • “This program is part of the bold commitment from the Biden-Harris Administration to bring clean fusion energy to the grid within the next decade.

Sidus Space Executes Agreement With Leaf Space for Additional Ground Station Coverage

Retrieved on: 
Wednesday, May 17, 2023

Under the terms of the agreement, Sidus Space will gain increased access to Leaf Space’s ever-expanding ground station network.

Key Points: 
  • Under the terms of the agreement, Sidus Space will gain increased access to Leaf Space’s ever-expanding ground station network.
  • In addition to Leaf Space, Sidus has coverage and infrastructure agreements with Kongsberg Satellite (KSAT), and Atlas Space Operations.
  • "We are thrilled to execute this agreement with Leaf Space, a trusted name in ground station services," said Carol Craig, Founder and CEO of Sidus Space.
  • "Leveraging Leaf Space's expanding ground station network, Sidus is expected to deliver high resolution EO coverage, and enhance analysis in crucial domains such as climate change, food security, and energy supply.

Tom Bell begins tenure as Leidos CEO

Retrieved on: 
Wednesday, May 3, 2023

RESTON, Va., May 3, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced a new era of leadership for the half-century company as Thomas Bell began his tenure as CEO.

Key Points: 
  • RESTON, Va., May 3, 2023 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, today announced a new era of leadership for the half-century company as Thomas Bell began his tenure as CEO.
  • "Tom comes to Leidos from an impressive global career spanning multiple companies and varied roles of increasing responsibility.
  • "I'm honored to have been asked to lead Leidos into and through its second decade as an independent company," said Bell.
  • Prior to joining Leidos, Bell was senior vice president of global sales & marketing for defense, space & security at The Boeing Company.

Virgin Orbit bankruptcy: why the UK's spaceport industry may still have a bright future

Retrieved on: 
Saturday, April 15, 2023

According to the latest official figures, the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry.

Key Points: 
  • According to the latest official figures, the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry.
  • This is even more impressive considering the UK’s economy declined over the same period.
  • However, for the country’s ambitions of becoming a commercial spaceport powerhouse, as a space industry researcher I think little, if anything, has changed.
  • It’s easy to blame the failed rocket launch for its bankruptcy, but there’s more to it than that.

Risk and reward

    • Risk must be factored in from the start, which explains why government support is needed.
    • Failure rate is high across all missions and types of space flight.
    • Ariane 5, considered the workhorse of European space travel, was the most expensive rocket failure in history, costing US$370 million (£298 million).

Grounds for concern

    • This does not mean there aren’t any grounds for concern, however.
    • The international outlook for the hi-tech sector is less favourable, with rising interest rates worldwide squeezing the companies that need funding the most.
    • Alternatively, more failed launches may signal to businesses that the UK is not (yet) a viable competitor to more established sites in the US and elsewhere.

Rocket Lab Successfully Launches 35th Electron Seven Days After Previous Launch, Sets New Company Record for Fastest Launch Turnaround

Retrieved on: 
Friday, March 24, 2023

The mission took place just seven days following the Company’s previous Electron mission from Launch Complex 2 in Virginia, setting a new company record for fastest turnaround between Electron missions.

Key Points: 
  • The mission took place just seven days following the Company’s previous Electron mission from Launch Complex 2 in Virginia, setting a new company record for fastest turnaround between Electron missions.
  • View the full release here: https://www.businesswire.com/news/home/20230324005212/en/
    Rocket Lab's Electron rocket lifts off the pad at Launch Complex 1 in New Zealand, completing the Company's 35th Electron mission.
  • Rocket Lab is on track this year to surpass its launch record of nine launches set in 2022 with 15 planned launches.
  • Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia, USA.

New Study Indicates a Possible Role for Brain Training in Space Travel

Retrieved on: 
Monday, March 6, 2023

SAN FRANCISCO, March 06, 2023 (GLOBE NEWSWIRE) -- Space travel can be very challenging to the brain, prompting researchers affiliated with the National Aeronautics and Space Administration (NASA) to examine computerized brain training.

Key Points: 
  • SAN FRANCISCO, March 06, 2023 (GLOBE NEWSWIRE) -- Space travel can be very challenging to the brain, prompting researchers affiliated with the National Aeronautics and Space Administration (NASA) to examine computerized brain training.
  • Results from a pilot study show brain training could help.
  • Researchers have long known that blasting off into space can have adverse impacts on the brain, from the g-forces associated with liftoff and landing, to the radiation, microgravity, and isolation of space travel.
  • In the Increasing Cognitive Ability/Reserve Using Software (ICARUS) pilot study, researchers recruited employees from the Johnson Space Center with characteristics (age, education, discipline) resembling the astronaut population.

Spaceflight Inc. Readies BlackSky Satellites for Upcoming Rocket Lab Launch

Retrieved on: 
Wednesday, March 1, 2023

Spaceflight Inc. , a premier launch and in-space transportation services provider, announced it will launch two BlackSky (NYSE: BKSY) satellites aboard Rocket Lab ’s next mission called “The Beat Goes On,” from Mahia, New Zealand.

Key Points: 
  • Spaceflight Inc. , a premier launch and in-space transportation services provider, announced it will launch two BlackSky (NYSE: BKSY) satellites aboard Rocket Lab ’s next mission called “The Beat Goes On,” from Mahia, New Zealand.
  • The two spacecraft onboard the mission will be the 15th and 16th satellites in BlackSky’s growing constellation.
  • “We are excited to support another mission with our long-standing customer BlackSky in the development of its rapidly growing constellation,” said Tiphaine Louradour, CEO of Spaceflight.
  • It requires efficient smallsat design and production and effective launch services and integration, as provided by Spaceflight,” said Tim Kienberger, CEO of LeoStella.

Leidos Selects Thomas Bell as Incoming CEO

Retrieved on: 
Monday, February 27, 2023

RESTON, Va., Feb. 27, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS) today announced the appointment of Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023.

Key Points: 
  • RESTON, Va., Feb. 27, 2023 /PRNewswire/ -- Leidos (NYSE: LDOS) today announced the appointment of Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023.
  • Bell, current President – Defense Rolls-Royce plc; Chairman & Chief Executive Officer, Rolls-Royce North America, Inc., will succeed current Chairman and CEO, Roger Krone, who has served in the role since 2014.
  • Krone will retire as Chairman at the time of the Leidos 2023 annual meeting of stockholders, and CEO when Bell's appointment becomes effective.
  • Bell was selected by the company's Board of Directors following a thorough and thoughtful process to select a successor.