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SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion

SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources – an increase of more than $2.5 billion vs its most recently reported valuation. The rocket launch company founded and run by Elon Musk is no stranger to raising large sums of money – it added $1.33 billion during 2019, from three separate rounds. In total, the company ...
Tags: TC, Space, Spacex, Elon Musk, Tech, Nasa, Falcon 9, Spaceflight, Aerospace, Cnbc, Spacecraft, Falcon Heavy, Falcon, Outer Space, Starship, Bfr


SpaceX anticipates building ‘many rockets’ as it iterates Starship toward orbital flight this year

SpaceX founder Elon Musk has been sharing a number of updates about his company’s progress on Starship this week. Along with footage of the assembly process of the current “SN1” prototype of Starship, he explained on Twitter some of the other considerations and strategies the company is working with as it works on the new spacecraft and tries to fly it to space this year. Musk said that SpaceX is iterating at a much faster pace with Starship than it has recently with Falcon, as Falcon’s desig...
Tags: TC, Space, Spacex, Elon Musk, Florida, Texas, Tech, Ars Technica, Falcon 9, Spaceflight, Aerospace, Hyperloop, Spacecraft, Musk, Falcon, Outer Space


SpaceX anticipates building “many rockets” as it iterates Starship towards orbital flight this year

SpaceX founder Elon Musk has been sharing a number of updates about his company’s progress on Starship this week. Along with footage of the assembly process of the current ‘SN1’ prototype of Starship, he explained on Twitter some of the other considerations and strategies the company is working with as it works on the new spacecraft and tries to fly it to space this year. Musk said that SpaceX is iterating at a much faster pace with Starship than it has recently with Falcon, since Falcon’s...
Tags: TC, Space, Spacex, Elon Musk, Florida, Texas, Tech, Ars Technica, Falcon 9, Spaceflight, Aerospace, Hyperloop, Spacecraft, Musk, Falcon, Outer Space


Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to €87 million ($94 million) thanks to new lead investor DB Schenker, a German logistics company with operations all over the world. This round also includes participation by Mitsui Sumitomo Ins...
Tags: Fundings & Exits, TC, Transportation, Southeast Asia, Singapore, Tech, Ceo, Prototypes, Vehicles, Helicopters, Aircraft, Aviation, Robotics, Aerospace, John Deere, Geely


MIT system predicts the best way to deflect an Earth-bound asteroid

We’re not in immediate danger of any asteroids colliding with Earth – at least not as far as anyone’s aware. But it’s not like it hasn’t happened before, and there is an expected near-miss coming up in 2029. Accordingly, it’s probably best to be prepared, and MIT researchers have developed a system that could help determine the best possible method to avoid a collision – long before the situation becomes desperate. An MIT team led by former MIT graduate student Sung Wook Paek describe a ‘decisio...
Tags: TC, Space, Science, Time, Tech, Earth, Mit, Asteroid, Aerospace, Bennu, Apophis, Sung Wook Paek


SpaceX and a new partner announce space tourism launches on Dragon starting as early as 2021

SpaceX has a new partner for commercial private astronaut flights aboard its Dragon spacecraft: Space Adventures, a private space tourism company that has already launched private astronauts including Anousheh Ansari, Guy Laliberté and Mark Shuttleworth to space. Space Adventures has worked with seven clients across eight separate missions to the International Space Station (ISS) for private paying commercial space missions, using paid seats on the Russian Soyuz rocket to get its clients t...
Tags: TC, Space, Spacex, Elon Musk, Florida, Science, Tech, Ceo, Nasa, Flight, Space Tourism, International Space Station, Dragon, Iss, Spaceflight, Aerospace


SpaceX and new partner announce space tourism launches on Dragon starting as early as 2021

SpaceX has a new partner for commercial private astronaut flights aboard its Dragon spacecraft: Space Adventures, a private space tourism company that has already launched private astronauts including Anousheh Ansari, Guy Laliberté and Mark Shuttleworth to space. Space Adventures has worked with seven clients across high serrate missions to the International Space Station (ISS) for private paying commercial space missions, using paid seats on the Russian Soyuz rocket to get its clients to ...
Tags: TC, Space, Spacex, Elon Musk, Florida, Science, Tech, Ceo, Nasa, Flight, Space Tourism, International Space Station, Dragon, Iss, Spaceflight, Aerospace


Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia

Air mobility startup Volocopter will be working together with on-demand transportation, food delivery and payments company Grab on a feasibility study around air mobility in Southeast Asia. The joint study is part of a Memorandum of Understanding (MOU) signed by the two companies that covers exploration of the potential deployment of air taxi services in some of the cities in the region. This is the first step in a partnership that could eventually result in actually running test flights and ...
Tags: TC, Transportation, Germany, Southeast Asia, Singapore, Tech, Ceo, Infrastructure, Aircraft, Dubai, Aviation, Electricity, Food Delivery, Aerospace, MOU, Chris Yeo


Max Q: Spacex gets ready for first human flight

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news – kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S. space efforts both in science and in defense. Meanwhile, we saw significant progress in SpaceX’s commercial crew program, and plenty of activity among startups big and small. SpaceX’s Crew Dragon arrives in Florida The spacec...
Tags: TC, Space, Spacex, Elon Musk, Florida, Science, Alabama, Los Angeles, Tech, Nasa, Earth, Flight, United States, Space Tourism, Virgin Galactic, Satellite


Watch SpaceX attempt a rocket reusability record with another Starlink launch live

SpaceX is launching another batch of 60 Starlink satellites to join its existing constellation, which will bring the total to 300 and be the third Starlink launch this year already. The launch will also be a potentially record-setting demonstration of SpaceX’s Falcon 9 reusability, with the shortest turnaround time for a Falcon 9 first stage between its previous mission and its next. The Falcon 9 booster being used today has already flown three times before, including in May, July and t...
Tags: TC, Space, Spacex, Tech, Broadband, Canada, United States, Ships, Falcon 9, Spaceflight, Aerospace, Falcon, Outer Space, StarLink


Rocket Lab will launch a satellite to the Moon for NASA to prepare for the Lunar Gateway

Launch startup Rocket Lab has been awarded a contract to launch a CubeSat on behalf of NASA for the agency’s CAPSTONE experiment, with the ultimate aim of putting the CAPSTONE CubeSat into cislunar (in the region in between Earth and the Moon) orbit – the same orbit that NASA will eventually use for its Gateway Moon-orbiting space station. The launch is scheduled to take place in 2021. The CAPSTONE launch will take place at Rocket Lab’s new Launch Complex 2 (LC-2) facility at Wallops Fligh...
Tags: TC, Transportation, Space, Science, Virginia, Tech, Nasa, Earth, Satellite, Mars, Spaceflight, Aerospace, Artemis, Spacecraft, Spaceport, Outer Space


Astronomers warn of ‘worrisome’ light pollution from satellite constellations

The International Astronomical Union has issued the preliminary results from a study on the potential effects of multi-thousand satellite constellations like that being built by StarLink. Finding that Earth-based astronomical observations may be “severely affected,” the body warned that mitigations and rules had better be formed sooner rather than later. The group expressed its concerns last summer, but undertook a broader study and survey of possible effects, asking various observatories and or...
Tags: Space, Spacex, Tech, Earth, Aerospace, Iau, International Astronomical Union, StarLink, Rubin Observatory Almost, UN Committee for Peaceful Uses of Outer Space


SpaceX’s Crew Dragon is now in Florida to prep for its first flight with astronauts onboard

SpaceX has moved its Crew Dragon commercial astronaut spacecraft to Florida, the site from which it’ll launch in likely just two to three months’ time if all goes to plan. The Crew Dragon capsule is now going to undergo final testing and checkouts in Florida before its departure from Cape Canaveral Air Force Station, where it’ll launch atop a Falcon 9 rocket, with NASA astronauts Bob Behnken and Doug Hurley on board. Behnken and Hurley will be taking a trip to the International Space Station ...
Tags: TC, Space, Spacex, Florida, Tech, Nasa, International Space Station, Dragon, Software Development, Astronaut, Falcon 9, Spaceflight, Aerospace, Boeing, Spacecraft, Falcon


Blue Origin’s new rocket engine production facility opens on Monday

Blue Origin is opening its new rocket engine production center in Huntsville, Ala. on Monday, the company said today on Twitter. The new Huntsville facility will be able to produce its rocket engines at a much higher rate than is currently possible, which will be useful as the company is using its in-development BE-4 engine for its own New Glenn rocket, as well as for supplying the United Launch Alliance with thrust for its new Vulcan launch vehicle. Blue Origin started working on BE-4 in 201...
Tags: TC, Space, Alabama, Tech, Nasa, Aerospace, United Launch Alliance, Blue Origin, Rocketry, Glenn, Huntsville, Vulcan, Marshall Space Flight Center, Huntsville Ala, Raptor, New Glenn


Virgin Galactic relocates SpaceShipTwo ‘VSS Unity’ to its spaceport for preparations ahead of commercial flights

Virgin Galactic is one crucial step closer to actually flying paying customers to space: The space tourism company just relocated its SpaceShipTwo vehicle, the VSS Unity, from its Mojave, California manufacturing facility to Spaceport America in New Mexico, where it will begin flights with a goal of at least sending company founder Richard Branson to space during the year of his 70th birthday. VSS Unity made the trip attached to the carrier aircraft that will bring it up to its launch altitud...
Tags: TC, Space, California, Tech, Space Tourism, Virgin Galactic, Spaceshiptwo, Richard Branson, New Mexico, Spaceflight, Aerospace, Branson, Vms, Outer Space, Spaceport America, Mojave


Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund

Riot Ventures, the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. The firm has largely flown under the radar, but it has been investing in startups applying innovations in automation, artificial intelligence, computer vision, computational biology, material sciences and robotics to industrial products and p...
Tags: TC, Tinder, La, Los Angeles, Tech, Sprint, Retail, Machine Learning, Oculus, Aerospace, Snap, Walt Disney Co, Desktop Metal, Serial Entrepreneur, Riot Ventures, Stephen Marcus


Rocket startup Gilmour Space gets a $3 million grant to develop lighter fuel tanks

Mass is money when it comes to the rocket launch business, and any small savings you can eke out can add up to big savings. That’s been the driving force behind the growing commercialization of space, and the rapid rise of the small satellite industry, and now Australian rocket startup Gilmour Space has received a $3 million grant from the Australian government to help improve rockets in a way that could add significant savings to the launch process. Gilmour has spent the past seven years develo...
Tags: Startups, TC, Space, Tech, Nasa, Flight, Rocket, Radiation, Spaceflight, Aerospace, Rocketry, Gilmour, Rocket Propulsion, Gilmour Space Technologies, Gilmour Space, Gilmour the University of Southern Queensland USQ


Blue Canyon Technologies chosen by Made in Space for orbital manufacturing demo mission

In-orbit manufacturing startup Made in Space has tapped Colorado’s Blue Canyon Technologies (BCT) to help support its Archinaut One demonstration mission contracted by NASA, which is currently set to take place in 2022. The mission will see Made in Space show off the assembly of two ten-meter solar arrays on orbit, which will then be used to power an ESPA-class satellite, providing up to five times more power than is available via power sources used for those satellites not assembled in orbit. B...
Tags: TC, Space, Science, Colorado, Tech, Nasa, Satellite, Spaceflight, Aerospace, Solar Sail, Spacecraft, Additive Manufacturing, Northrop Grumman, Jpl, Cubesats, Crum


SpaceX hires ex-NASA human spaceflight expert and shows off Crew Dragon set to carry astronauts

SpaceX is gearing up for its historic first human spaceflight, with a crewed demonstration mission of its Crew Dragon spacecraft tentatively set for May 7 (though that date is flexible right now). The company on Tuesday showed a clip of the completed Crew Dragon spacecraft that will carry astronauts Bob Behnken and Doug Hurley undergoing testing, and CNBC revealed that it had hired former NASA Associate Administrator for Human Exploration and Operations William Gerstenmaier. Gerstenmaier serv...
Tags: TC, Transportation, Space, Spacex, Science, Tech, Ars-technica, Nasa, International Space Station, Dragon, Iss, Spaceflight, Aerospace, Cnbc, Roscosmos, Space Station


Solid rocket fuel startup Adranos raises $1 million to scale up manufacturing

Indiana-based rocket fuel startup Adranos has raised $1 million, after closing an oversubscribed round led by Archibald Cox Jr., chairman of private investment firm Sextant Group. The funding will be used to Adranos to build out its manufacturing capability, and to pursue additional key hires to build out its team. Adranos is building a new kind of solid rocket propellant called ‘ALITEC,’ which the company says can both increase the overall performance of a rocket vs. traditional solid fuels, an...
Tags: Startups, TC, Space, Science, Tech, Indiana, Rocket, Weapons, Aerospace, Chairman, Cto, Blue Origin, Rocketry, Firearms, Purdue University, Brandon Terry


White House requests $15 billion to establish Space Force

The Space Force will be taking one giant leap towards reality if the Department of Defense’s proposed budget and operations go through. $15 billion is requested, which would fund a number of missions and help establish the more than 10,000 personnel expected to join the new military branch over the next year. Estimates for how much it would cost to really establish the Space Force have varied widely, due in some part to the original haziness of the vision, but also because even had that vision b...
Tags: Space, Congress, Government, White House, Defense, Tech, Nasa, Pentagon, Air Force, Aerospace, National Reconnaissance Office, Space Force, U S Space Force, Military Services


SpaceX’s first astronaut mission could take off in May

SpaceX is getting very close to its goal of flying actual astronauts aboard its Crew Dragon spacecraft. After a successful in-flight abort (IFA) test in January, it had basically crossed off all the major milestones needed before flying people, first on a demonstration mission referred to as “Demo-2” by SpaceX and its commercial crew partner NASA. We now know the working date that SpaceX is aiming for with that crucial mission: May 7. To be clear, that’s very much a working date and the ac...
Tags: TC, Space, Spacex, Tech, Ars Technica, Nasa, Earth, International Space Station, Dragon, Bob, Astronaut, Demo, Spaceflight, Aerospace, Ifa, Eric Berger


2021 NASA budget request includes $3.3B for human lunar landers, $430M for Moon resource development

The Trump White House today issued its , and it included a 12% increase in requested funding to NASA’s coffers, as expected. That puts the total request for NASA at $25.2 billion, nearly half, or $12.3 billion, of which is earmarked specifically to support NASA’s efforts to return to the surface of the Moon and to eventually land people on Mars. Highlights from the proposed budget, which was issued by the Office of Management and Budget on Monday, include $3.3 billion specifically designate ...
Tags: TC, Space, Science, White House, Tech, Nasa, Earth, Flight, Moon, Orion, Mars, Astronaut, Spaceflight, Aerospace, Outer Space, Office of Management and Budget


Max Q: A SpaceX spin-out sounds great

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. Two rocket launches were set to take off Sunday, including one from Wallops Island in Virginia and another from Cape Canaveral in Florida. The first is a relatively standard (but still exciting – we are talking about rockets here, very little is ‘standard’) ISS resupply mission, and the second is a major scientific mission from NASA and the ESA called the ‘Solar Orbiter.’ Unfortunately, ...
Tags: TC, Space, Spacex, Elon Musk, Florida, Virginia, Los Angeles, Tech, Ceo, Nasa, Esa, International Space Station, Satellite, Spaceflight, Aerospace, Boeing


NASA and ESA’s Solar Orbiter begins its nearly two year journey to the Sun

After years of development, an exciting new scientific research spacecraft has launched on its journey to study our solar system’s central player: the Sun. The Solar Orbiter, developed jointly by NASA and the European Space Agency (ESA) and built by Airbus, lifted off from Cape Canaveral Air Force Station in Florida on Sunday night, launching as planned at 11:03 PM EST (8:03 PM PST). Solar Orbiter launched atop a United Launch Alliance (ULA) Atlas V rocket, feating a special, unique config...
Tags: TC, Space, Florida, Science, Tech, Nasa, Earth, Esa, Sun, European Space Agency, Airbus, Aerospace, Venus, Spacecraft, Plasma Physics, European Space Agency ESA


NASA confirms two Boeing Starliner issues would’ve led to spacecraft loss without intervention

NASA and Boeing are sharing more details about the issues that were encountered during the Boeing CST-100 Starliner crew spacecraft uncrewed demo mission in December, and their progress on investigating the causes and implementing fixes. In a new , NASA lays out the three different specific issues that occurred, and notes that for two of them, the spacecraft would’ve been lost without direct intervention by the ground crew. The first issue identified is the mission timer issue that Boeing and N...
Tags: TC, Space, Science, Tech, Nasa, Earth, International Space Station, Spaceflight, Aerospace, Boeing, Spacecraft, Outer Space, NASA Boeing, Starliner, Boeing Starliner


Trump said to propose roughly $3 billion NASA budget boost for 2021

President Donald Trump is set to request a budget of $25.6 billion for NASA for its fiscal 2021 operating year, the Wall Street Journal reported on Friday. It’s looking for nearly $3 billion more than the $22.6 billion NASA had for its current fiscal year, and the bulk of the new funding is said to be earmarked for development of new human lunar landers. This represents one of the single largest proposed budget increases for NASA in a couple of decades, but reflects Trump’s renewed commitment...
Tags: TC, Space, Spacex, Congress, Tech, Nasa, Moon, President, Lockheed Martin, Donald Trump, Spaceflight, Aerospace, Boeing, Wall Street Journal, WSJ, Artemis


NASA panel recommends Boeing software process reviews after revealing second Starliner issue

NASA’s Aerospace Safety Advisory Panel (ASAP) is recommending that Boeing’s software testing processes undergo a review, following the discovery of another problem with the on-board system that was in operation during the CST-100 Starliner uncrewed Space Station docking test launch in December. Starliner never made it to the Space Station as planned during that launch, due to a mission timer error that resulted in the capsule burning too much fuel too early in the flight. During their meeting on...
Tags: TC, Space, Spacex, Tech, Nasa, Dragon, New Mexico, Iss, Spaceflight, Aerospace, Boeing, Spacecraft, Space Station, Outer Space, Aerospace Safety Advisory Panel ASAP, Paul Hill


SpaceX “likely to spin out” and pursue an IPO for Starlink satellite internet business

SpaceX looks likely to take its burgeoning Starlink business and spin it out, seeking to bring that satellite internet project to public markets via an IPO. That’s according to SpaceX COO and President Gwynne Shotwell, who made the remarks during a JPMorgan Chase investor conference, as reported by Bloomberg. SpaceX has been launching batches of satellites to add to its Starlink constellation, with the goal of ultimately providing low-cost, globe-spanning high-bandwidth internet connectivi...
Tags: TC, Space, Spacex, Tech, Bloomberg, Spaceflight, Aerospace, Hyperloop, Spacecraft, Falcon Heavy, Falcon, Outer Space, Gwynne Shotwell, Shotwell, StarLink, Bfr


Watch OneWeb launch 34 satellites for its broadband constellation live

One of the various companies looking to deploy a globe-spanning broadband internet satellite constellation is adding 34 satellites to its existing operations in space. OneWeb will launch that many satellites aboard a Soyuz rocket from Kazakhstan with a liftoff time set for 4:42 PM EST (1:32 PM PST) today. The new satellites will join OneWeb’s six already in orbit, which launched last February. In total, OneWeb hopes to eventually operate at least 650 satellites in low Earth orbit, the comb...
Tags: Amazon, TC, Space, Spacex, Youtube, Softbank, Tech, Broadband, Kazakhstan, Spaceflight, Aerospace, Kepler, Spacecraft, Internet Service, Outer Space, Arianespace



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