Firefly’s stock sags due to poor revenue numbers in 1st quarter report

Firefly's stock price since IPO

Apparently Wall Street has lost faith in the rocket startup Firefly since that company went public last month. The stock zoomed initially, but has now sagged due to a poor 1st quarter report that showed revenues far below expectations.

The stock’s initial price had been predicted to range from $35 to $39, but quickly rose to $70.

Since then the price has steadily dropped, so that today it sits about about $41.

The news reports seem to think this indicates bad things for the company. I see this as simply a long term correction from the initial over-enthusiasm by buyers. The company had first offered a stock price close to this number. The price is now exactly where Firefly predicted.

If I was interested in buying stock, this might actually be a good time to buy. As a rocket startup, Firefly appears quite solid, being the only startup to successfully soft land on the Moon. Its Alpha rocket has also been cleared for further launches, and though it has had a mixed launch record, with several launches failing due to upper stage issues, it has likely solved these problems.

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NASA now targeting a February-to-April launch window for first manned Artemis mission

Orion's damage heat shield
Damage to Orion’s heat shield caused during re-entry in 2022,
including “cavities resulting from the loss of large chunks”.
Nor has this issue been fixed.

According to a NASA official at an event yesterday, the agency is now targeting launch window starting on February 5, 2026 and extending into April for the first manned Artemis mission, dubbed Artemis-2, that will slingshot four astronauts around Moon and back to Earth on a 10-day-flight.

If Artemis 2 does lift off on Feb. 5, it will be at night, NASA officials said. The space agency has about five days apiece in February, March and April to launch the flight. The latest possible date is April 26, according to NASA. NASA will aim to hit the earlier part of that launch window, Hawkins said, but she stressed that crew safety will drive the timeline.

That mission will fly with an Orion capsule that has safety concerns, including a questionable heat shield (see picture above) and an untested environmental system.

Meanwhile, as part of NASA’s never-ending PR effort to sell the mission, it announced today that the mission’s four astronauts have now given their Orion capsule a name, Integrity.

The name Integrity embodies the foundation of trust, respect, candor, and humility across the crew and the many engineers, technicians, scientists, planners, and dreamers required for mission success.

Considering NASA’s level of dishonesty during the entire development of SLS and Orion, the ironies of this name and these claims is quite breath-taking.

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Canadian rocket startup to try suborbital launch today after yesterday’s launch was scrubbed due to a fire on the launchpad

Proposed Canadian spaceports
Proposed Canadian spaceports

UPDATE: The launch attempt today has also been scrubbed due to another small pad fire due to leaking fuel. The company is now aiming for another launch attempt tomorrow.

Original post:
———————
The Canadian rocket startup Nordspace was forced yesterday to cancel its first launch attempt of its Taiga suborbital rocket when flames and smoke appeared on the launchpad.

An update posted to the company’s website said it had to delay the launch “due to an anomaly on the launch pad. … Rocket, pad, and personnel are safe. We are working to resolve the issue and return to launch,” the update said. Later, in a comment on its livestream, the company said it would reschedule the launch to Wednesday morning.

I have embedded a live stream of today’s launch attempt below, set for lift off a little past noon today (Pacific).

With this launch, the company will not only complete the first Canadian launch of any kind from Canada by a private company, it will initiate operations at its own spaceport in Newfoundland, dubbed the Atlantic Spaceport. This achievement would also leapfrog Canada’s other proposed spaceport in Nova Scotia, which has been promising launches since 2016 without success.
» Read more

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Two launches by China and SpaceX

Both China and SpaceX completed launches today. First, China launched another 11 satellites for its Geely internet-of-things constellation, its Smart Dragon-3 rocket lifting off from a ocean platform off the nation’s eastern coast.

This was the sixth launch for this constellation, bringing the number of satellites in orbit to 64, out of a planned 240. The constellation is designed to provide positioning and communications for trucking and other ground-based businesses.

Next, SpaceX successfully placed three government science satellites into orbit (two for NASA and one for NOAA), its Falcon 9 rocket lifting off from the Kennedy Space Center in Florida. The first stage completed its second flight, landing on a drone ship in the Atlantic. The two fairings both completed their first flight.

The two NASA satellites were the Interstellar Mapping and Acceleration Probe (IMAP) to study the Sun’s heliosphere at the edge of the solar system and the Carruthers Geocorona Observatory to study the exosphere, the outermost layer of the atmosphere. The NOAA probe, Space Weather Follow On โ€“ Lagrange 1 (SWFO-L1), will observe the Sun from one million miles from Earth, providing advance knowledge of strong solar flares and eruptions so that utility companies can shield the electric grid appropriately.

The leaders in the 2025 launch race:

123 SpaceX
55 China
13 Russia
12 Rocket Lab

SpaceX now leads the rest of the world in successful launches, 123 to 94.

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Riccardo Cocchi & Yulia Zagoruychenko – 2018 Fred Astaire Cup Latin dance competition

An evening pause: The camera soon focuses on this couple, whose performance eventually won the competition, which apparently was their tenth victory. As noted in the comments, “You don’t understand exactly how great they are until you see them in a roomful of other people dancing the same dance.”

Hat tip Judd Clark.

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September 23, 2025 Quick space links

Courtesy of BtB’s stringer Jay. This post is also an open thread. I welcome my readers to post any comments or additional links relating to any space issues, even if unrelated to the links below.

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The real pushback against Disney, ABC, and Kimmel continues

Jimmy Kimmel on September 15, 2025, spreading lies and slandering half the nation
Jimmy Kimmel on September 15, 2025, spreading lies and
slandering half the nation. Click for original video.

Not surprisingly, the leftist Disney corporation that owns ABC backed down yesterday from its suspension of Jimmy Kimmel, posting a pandering explanation for why it no longer considers it a problem that Kimmel spouted a blatant lie about the leftist killer of Charlie Kirk.

“Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country. It is a decision we made because we felt some of the comments were ill-timed and thus insensitive,” Disney said in a statement Monday. “We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday.” [emphasis mine]

Kimmel’s comments weren’t “ill-timed” or “insensitive.” What Kimmel said was an outright slander of every person who voted for Donald Trump by claiming it was one of them that killed Kirk.

The pushback against Disney and ABC over Kimmel however has not diminished. The independent companies Nexstar and Sinclair, which own 30 and 40 affiliate television stations that are presently part of ABC’s network, have not backed down. Both have announced they will continue to refuse to air Kimmel’s show, Jimmy Kimmel Live! Sinclair has further said that it won’t change its position until Kimmel apologizes to Kirk’s family and makes a “meaningful personal donation” to them and Turning Point USA.

Sinclair has additional personal reasons for standing up to Disney, ABC, and the terrorist left. It had planned to air a tribute to Charlie Kirk, but decided to cancel it because of multiple violent threats from the left to is local stations.
» Read more

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Blobby Martian crater filled with ice

Overview map

A blobby Martian crater filled with ice
Click for original image.

Cool image time! The picture to the right, rotated, cropped, reduced, and sharpened to post here, was taken on August 4, 2025 by the high resolution camera on Mars Reconnaissance Orbiter (MRO).

The science team labels this a “concentric fill crater,” a term used by planetary scientists for Martian craters that appear to be filled with glacial material. That certainly appears to be the case, but this 3.5-mile-wide unnamed crater also appears to have been warped by the ice that impregnates the ground all around it.

The overview map above explains why. The white dot marks the location, on the eastern end of the 2,000-mile-long northern mid-latitude strip that I label glacier country, because almost every image in this region shows similar glacial features. Though it is hard to tell from the inset, all the craters here have similar glacial material within them, and the ground surrounding them also appears glacial in nature.

This particular location is at 40 degrees north latitude. While it might be difficult to establish a colony here, on ground that appears so unstable, going 700 to 800 miles to the southeast would put you in what is considered one of Mars’ prime mining regions. Thus, with the right equipment mining operations would have accessible water not that far away.

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Google admits to bowing to Biden censorship, and vows to end all bans

Google admits to censorship
Click for original.

In a major announcement, the House Judiciary committee today revealed that Google has admitted that it had bowed to direct pressure by the Biden administration to censor conservatives, and it now vows to never bow to such pressure again.

The company has also agreed to allow everyone it banned due to that pressure to return to Youtube.

The graphic to the right comes from the committee’s announcement. All five points listed are critical to the future. First, Google now confirms the truth of another “rightwing conspiracy theory”. The Democratic Party under Biden was aggressively abusing its power to censor its opposition. Second, Google now admits it participated in this wrong-doing, and pledges to never do it again.

Finally, and most important, it notes the threat to freedom and free speech now posed by Europe and its new censorship laws. That threat is real, and unless American companies have the courage to tell Europe to pound sand, we could see them agreeing to squelch our speech in order to keep their businesses open in Europe. Google is essentially asking Congress and the federal government to do something to protect it from those laws.

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NASA’s new class of astronauts illustrates its increasing shift to capitalism

NASA being conquered by Americans
NASA is being conquered by Americans

That two different former SpaceX employees, one of whom had already flown on a private mission in space, applied and were accepted by NASA yesterday — as part of the 24th class of astronauts since its creation three-quarters of a century ago — reveals the major shift that is occurring across the entire space industry, and most especially within NASA.

This new class of ten included four men and six women, the first time women were the majority chosen. More significantly however were the two former SpaceX employees.

Yuri Kubo, 40, is a native of Columbus, Indiana. He earned a bachelorโ€™s degree in electrical engineering and a masterโ€™s in electrical and computer engineering from Purdue University. He spent 12 years working across various teams at SpaceX, including as launch director for Falcon 9 rocket launches, director of avionics for the Starshield program, and director of Ground Segment.

Anna Menon, 39, is from Houston and earned her bachelorโ€™s degree from Texas Christian University with a double major in mathematics and Spanish. She also holds a masterโ€™s in biomedical engineering from Duke University. Menon previously worked in the Mission Control Center at NASA Johnson, supporting medical hardware and software aboard the International Space Station. In 2024, Menon flew to space as a mission specialist and medical officer aboard SpaceXโ€™s Polaris Dawn. The mission saw a new female altitude record, the first commercial spacewalk, and the completion of approximately 40 research experiments. At the time of her selection, Menon was a senior engineer at SpaceX.

Menon is also married to another NASA astronaut, Anil Menon, making them the fourth married couple picked by NASA.

At first I wondered why either would want to leave the private sector to work at NASA, especially considering that the opportunity to fly in space through NASA is going to decline significantly in future years. Its Artemis program will at best launch once a year, carrying four, and when ISS retires NASA’s flights to the commercial stations will be fewer and farther apart.

Then I realized the financial and personal benefits of getting picked and trained by NASA as an astronaut. It is a wonderful item to put on one’s resume. These astronauts don’t have to stay at NASA forever. As the private commercial stations and other private manned capsules begin flying, those companies are going to need trained individuals to fly their ships and run their stations. Most will look for candidates from NASA’s astronaut corps.

The presence of those two SpaceX employees in this class also shows us the shift from the government to private enterprise. In the past almost all of NASA’s astronaut picks would have come from the military and academia (In fact, the other eight astronauts picked this time all have such backgrounds). Rarely would NASA have chosen anyone from the private sector.

The choice of two such private sector individuals by NASA yesterday is simply another indication of the agency’s shift from the top-down government model to the capitalism model. It is finally recognizing the private sector is (and has always been) the heart of America’s space effort, and it is beginning to reward it appropriately.

Even as that private sector begins to take over NASA itself.

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Australian satellite startup to fly an instrument on private mission to Apophis

In March 2024 the orbital tug startup Exlabs announced that it will use its orbital tug to deliver three cubesats to the asteroid Apophis when that object makes its next close fly-by of the Earth on April 13, 2029.

The California-based Exlabs has now signed its first customer for that mission. An Australian satellite startup, Fleet Space Technologies, has agreed to fly an instrument on this private commercial mission.

Under the ApophisExL mission, Fleet will provide geophysical sensing technologies for ExLabsโ€™ mothership to collect targeted data and characterize the asteroid. The datasets should enable new avenues for data sharing and commercial use, set criteria for prioritizing asteroids for prospecting and feed critical intelligence into planetaryโ€‘defence planning.

Fleet already has a contract to fly another instrument, a seismometer, on Firefly’s second Blue Ghost lander mission to the Moon. It has also developed and flown satellite instruments used to detect minerals on Earth.

Both companies are clearly aiming to enhance their brand name with this mission, set to launch in 2028.

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Universities in Taiwan and the United Kingdom sign partnership deal

The University of Surrey in the United Kingdom, a decades-long pioneer in cubesat technology, has now signed a partnership deal with the National Central University in Taiwan to work together.

Both universities began their work with cubesats to simply as a low-cost way to teach students about satellite design, but quickly found there was money to be made selling this technology commercially. This deal attempts to make two plus two equal six.

The collaborative plans follow multiple successful engagements between the Universities, from NCU professor Loren Chang joining a Taiwanese delegation to Guildford in March to partnership working between students from each university earlier this summer when Surrey and NCU worked with launch provider Stellar Kinetics at Etlaq Spaceport in Oman. The students worked together to integrate the Jovian-O and SIGHT space payloads that they had developed onto the KEA-1 rocket.

The universities also share research interests. The Surrey Space Centre has built space-based radiation detectors and, as part of the UKโ€™s SWIMMR programme to improve resilience to space weather, developed miniature detectors to measure radiation at different altitudes and created a model for the UK Met Office to predict radiation levels experienced by aircraft.

NCU has developed multiple scientific payloads and small satellite science missions, including the Deep Space Radiation Probe (DSRP), which flew aboard the commercial lunar payload service provider, ispace, Inc.โ€™s Resilience lunar lander, launched in January 2025. DSRP was operational for more than 97% of the five-month mission, providing measurements of the radiation belts, several solar radiation storms and radiation in lunar orbit. It was the first Taiwanese payload to fly and operate beyond Low Earth Orbit.

This deal now enhances both universities and the products both sell (educating students and developing new satellite technologies).

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