Tag: capitalism

Firefly announces new stock sale aimed at raising more than a half billion in new funds

11:08 am

The publicly traded rocket/lunar lander company Firefly yesterday announced a new public offering of stock, totalling more than 12 million shares, with the goal of raising more than a half billion for “general corporate purposes.”

Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced the pricing of its public offering of 4,000,000 shares of its common stock and 8,000,000 shares of common stock by certain selling stockholders (the “Offering”) at a public offering price of $48.00 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on June 1, 2026, subject to customary closing conditions.

Firefly intends to use the net proceeds from the Offering for general corporate purposes, including to support growth of core business and recently awarded programs and initiatives. Firefly will not receive any of the proceeds from the sale of shares by the selling stockholders.

Firefly's stock history
Click for source.

Simple math says this offering hopes to raise $576 million dollars, assuming the $48 per share price holds.

The graph to the right shows the full price history of Firefly’s stock since the initial public offering in 2025. After an initial high around $60, the stock sagged to around $20, and only has recovered back into the $40 to $50 range in the past few months. It appears therefore that the company has well timed this new offering.

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South Korean rocket startup Innospace signs up another American satellite launch manager

8:20 am

Less than five seconds after launch
Hanbit-Nano less than five seconds after launch and
just prior to its failure in December 2025.

The South Korean rocket startup Innospace has signed a deal with the American company Ensemble Commercial Services to help obtain satellite contracts and manage the integration and deployment of these payloads.

This marks INNOSPACE’s second launch service distribution agreement in the U.S., following its agreement signed in August last year with Texas-based Arrow Science and Technology, LLC. By securing multiple local partners in the U.S., INNOSPACE plans to enhance customer accessibility in the North American market and accelerate its efforts to identify satellite launch demand and expand sales activities.

Under the agreement, Ensemble will identify potential customers in the U.S., including satellite companies, space startups and research institutions, and connect them with launch service opportunities offered by INNOSPACE for small satellites. Ensemble will also provide regular market updates on the U.S. satellite industry, launch demand trends and potential customer activities, supporting INNOSPACE’s sales activities in the U.S. market.

…With this agreement, INNOSPACE has now secured launch service distribution partners across nine companies in seven countries, including Taiwan, Japan, Italy, the Netherlands, the U.S., Germany and the United Kingdom.

Innospace has made one failed attempt in December 2025 to launch its Hanbit-Nano rocket. It hopes to try again in the third quarter of this year.

Hat tip to BtB’s stringer Jay.

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Blue Origin’s next New Glenn rocket explodes during static fire test on the launchpad

8:30 pm

New Glenn explosion

During a static fire test of the first stage tonight in preparation for the next launch scheduled for June 4), Blue Origin’s New Glenn rocket exploded just as the test began, destroying the first stage and much of the only launchpad the company has to launch this rocket.

The link above is cued to just before the explosion, shown in a screen capture to the right. BtB’s stringer Jay just sent me a link to a different video view, from farther away but is in some ways as spectacular. According to Blue Origin’s statement, all workers are accounted for, so fortunately there were no fatalities.

The rocket was to launch 48 Amazon Leo satellites. As those satellites were not on the rocket during this test, they are safe and can be launched elsewhere.

The failure will likely prevent any further New Glenn launches by Blue Origin for at least three to six months. Not only does the company have to determine and fix the cause of the failure, it will need to rebuild the launchpad. At best I expect the company will at best manage one test launch before the end of the year.

As for Amazon, this puts it in a big bind. It has only 302 satellites in orbit, but is required to have launched 1,616 by July, according to its FCC license. It has requested a waiver but the FCC has not yet responded. At the moment of the four companies it has hired to launch the satellites, two are now grounded:

  • ULA’s Vulcan rocket: 39 launches [GROUNDED]
  • Blue Origin’s New Glenn rocket: 24 launches (reduced from 27) [GROUNDED]
  • Arianespace’s Ariane-6 rocket: 18 launches (2 completed)
  • SpaceX’s Falcon-9: 13 launches (3 completed)
  • ULA’s Atlas-5 rocket: 8 launches (6 completed)

There is no timeline for when Vulcan and New Glenn will fly again. Arianespace hopes to do four to six more launches in ’26, but only one is an Amazon Leo launch, in June. ULA has six additional Atlas-5 rockets in stock, purchased by Boeing to launch its Starliner capsule to ISS. It is very possible a deal could be arranged with Boeing to switch some of those flights to Leo, since at present there are no plans to launch Starliner in the near future.

All in all, Amazon’s only remaining option is SpaceX. Of the ten unflown launches in the SpaceX contract, none are as yet scheduled. It is now likely Amazon will negotiate a deal with SpaceX to accelerate that schedule. While SpaceX’s own launch manifest is quite crowded (launching its own Starlink constellation), making such a deal difficult, the company has also demonstrated its willingness to help competitors. It launched OneWeb satellites when that company’s deal with the Russians fell through. And it quickly launched those first three Leo missions, faster than anyone else.

This also will impact NASA’s just announced unmanned lunar lander program. One mission planned for this year, Blue Origin’s Blue Moon Mark-1 unmanned lander, was scheduled to launch on a New Glenn. In addition, a second New Glenn was set to launch NASA’s Viper rover next year. Neither will happen as scheduled.

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FAA grounds Starship/Superheavy pending completion of SpaceX’s investigation

8:01 am

According to an announcement yesterday by the Federal Aviation Administration (FAA), Starship and Superheavy are presently grounded pending the completion of SpaceX’s investigation of the engine failures in the Superheavy booster.

After a thorough assessment of the operation, the FAA has determined the May 22 SpaceX Starship Flight 12 launch resulted in a mishap. The mishap involved the Super Heavy booster as it flew back to the Gulf of America after stage separation. There are no reports of public injury or damage to public property. 

The FAA is requiring SpaceX to conduct a mishap investigation. The FAA will oversee the SpaceX-led investigation, be involved in every step of the process, and approve SpaceX’s final report, including any corrective actions.

The propaganda press will make of more this than it should. Based on the FAA’s procedures since Trump took over from Biden, the agency is not going to slow things down. It mostly just observes closely the investigation after any mishap, and as soon as the company is itself satisfied with the solution and has instigated its planned fixes, the FAA issues its stamp of approval and allows flights to proceed immediately.

For example, it acted in this manner for the Starship/Superheavy tests in 2025. It also did the same for Blue Origin in its investigation of its recent New Glenn failure. In both cases there were no delays waiting for the agency to retype the company’s conclusions. The approval was immediate. Expect the same now.

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Space Force awards SpaceX $2.29 billion contract for military data constellation

9:13 am

In what is intended as an upgrade to the Starshield military variation of SpaceX’s Starlink constellation, the Space Force yesterday awarded SpaceX a $2.29 billion contract to launch a “data transport constellation in low Earth orbit (LEO) for the Space Data Network (SDN), which the service is developing as its central communications network to link sensors to shooters.”

Under the Other Transaction Authority agreement, the company is to deliver “a fully operational prototype capability by the end of 2027,” Space Systems Command (SSC) said in a press release.

The SDN Backbone, formerly known as MILNET and based on SpaceX’s Starshield militarized variant of its commercial Starlink constellation, will serve as the backhaul data transport layer for the broader SDN. While the award to SpaceX is thus not a surprise, the size of the contract is.

It appears that the Pentagon has been so satisfied with its use of both Starlink and Starshield that it was quite willing to give SpaceX this new larger contract.

The good part of this story is that SpaceX is providing good service to the American people, through the Pentagon. The bad part of this story is that it is getting so little competition from the rest of the aerospace industry. This was work that Amazon could have won, had its Leo constellation been operational and competitive. It is not, as yet, and so it loses business. As the saying goes, “He who hesitates is lost.” And sadly a lot of old and even new aerospace companies have been hesitating.

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A review of what happened and what’s next for Starship/Superheavy

8:06 am

Link here. This article is a very nice and thorough review of what happened during SpaceX’s 12th test flight of Starship/Superheavy last week. What I like about it most is that it outlines what happened with very little speculation. No one outside of SpaceX is in a position to do this properly, and some speculation has been I think over the top. The article at the link avoids this.

It also provides a quick and reasonable summary about what is likely to happen next:

Next up will be Booster 20 and Ship 40 for Flight 13. This mission may launch in the July-August timeframe, pending testing and any mitigation efforts relating to the issues found during Flight 12. The launch pad appears to be in good shape, removing it from being a potential bottleneck to Booster 20’s Static Fire test, although that is not expected for weeks.

The article also provided this added news item that SpaceX revealed during last week’s test flight that has mostly fallen under the radar among news outlets (including here):

SpaceX also revealed plans for a lunar Starlink constellation using laser-linked relay satellites and confirmed that Fram2 commander Chun Wang has signed up for Starship’s first crewed interplanetary mission — a two-year Mars flyby. Wang will first fly with Dennis and Akiko Tito on the previously contracted crewed lunar flyby, potentially as early as 2034.

That’s two Starship missions apparently paid for by Wang, one around the Moon followed by a Mars fly-by. With the lunar fly-by targeting 2034, the Mars fly-by is likely a decade away, at the earliest.

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German rocket startup signs deal with Nova Scotia spaceport

7:50 am

Proposed Canadian spaceports
Proposed Canadian spaceports

The German rocket startup Isar Aerospace, which has not yet had a successful launch, has now signed a launch agreement with Maritime Launch Services, the company that has been trying to create a spaceport in Nova Scotia for more than a decade without success.

Space company Isar Aerospace and Spaceport operator Maritime Launch Services (MLS), have signed a Letter of Intent to advance sovereign orbital launch readiness from Nova Scotia, Canada. The agreement brings together Isar Aerospace’s orbital launch system and MLS’s launch site, Spaceport Nova Scotia, which is strategically located for launches to support reliable access to mid- to high-inclination and polar orbits for Earth observation and communication satellites and constellations, supporting commercial and government missions

Isar’s Spectrum rocket failed seconds after launch in its first attempt in 2025, launching from Norway’s Andoya spaceport. Since January the company has tried again several times but was forced to scrub each time. At present the launch is tentatively scheduled for June.

MLS’s history is even more convoluted. Initially a decade ago it partnered with a Ukrainian rocket company to offer launch services at Spaceport Nova Scotia. After years of delays that deal ended for good when Russia invaded the Ukraine. Since then MLS has tried to interest both satellite and rocket companies, all to no avail. This new deal was probably made possible due to financial help from the Canadian government, which in March 2026 signed a 10 year deal with MLS worth $200 million, with the intent to encourage a “sovereign orbital capability” for Canada. Since there are no rocket companies in Canada capable of doing this, it appears that capability will now come from Germany.

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NASA outlines new program of unmanned missions to Moon

2:15 pm

NASA's Moon base plans as of May 2026
NASA’s Moon base plans as of May 2026.

NASA officials today outlined its new reshaped program of unmanned missions to Moon, designed it says to lay the first groundwork for the manned lunar base to follow.

You can watch the press conference here. The map to the right comes from one viewgraph during that conference, and apparently shows the planned lunar base area, which officials said could cover about 100 square miles. Though officials said this is in the south pole region, I have not been able to identify the precise location, using the global map produced by Lunar Reconnaissance Orbiter. The large crater northeast of the base does not appear to be Shackleton Crater.

The schedule includes four already planned missions, two new missions awarded to Blue Origin in a $188 million contract to deliver two new rovers, and a new hopper mission mission to be delivered by Firefly’s Blue Ghost lander. The schedule is as follows:
» Read more

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NASA approves lunar habitation module design from Italy’s space agency

10:06 am

While the American company Redwire appears in the lead to win a European contract to build its lunar lander’s robot arm, it appears the Italian Space Agency (ASI) has gotten NASA’s preliminary approval to begin work on its Multi-purpose Habitation module (MPH) for the lunar base.

The Italian Space Agency [ASI] announced on 22 May that its Multi-Purpose Habitation (MPH) module had been cleared by a NASA review board to progress toward a Preliminary Design Review in 2027. The first MPH module is expected to launch in 2033.

…With the successful completion of the SDR [System Definition Review] and SRR [System Requirements Review], ASI and Thales Alenia Space can now prepare for the Preliminary Design Review (PDR), which will assess whether the module’s preliminary design is mature enough to meet NASA’s requirements before the programme advances into detailed design and hardware development.

It should be noted that the MPH appears to be a revision of the habitable module that ESA and Thales Alenia were building for the now dead Lunar Gateway station. This new deal is likely NASA’s effort to give ESA comparable work to make up for the loss of its Gateway contribution.

At the same time, ASI will face heavy competition from American companies for this work, as it isn’t the only one proposing habitable modules for the American lunar base. In March 2026 Voyager Technologies and Max Space announced a partnership to build their own inflatable habitable lunar modules. Just as ESA can only make rare exceptions when it gives work to American companies, NASA is obliged to do the same with its European contracts.

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Redwire completes testing on robot arm prototype for ESA

9:45 am

The European division of the American space manufacturing company Redwire last week delivered to the European Space Agency (ESA) a full developed and tested robot arm prototype, as per a 2024 contract.

The project is being led by Redwire’s Luxembourg team, which recently completed several project milestones including preliminary design and performance assessment.

Before successful delivery, the MANUS Breadboard Model underwent a comprehensive test campaign to verify the functionality and performance of the manipulator and tool-changer subsystems, and to demonstrate operational scenarios aligned with system requirements. All planned operations, including payload handling, end-effector actuation with wireless data and power transfer, range extender manipulation, and automatic deployment, were executed successfully, confirming overall system readiness. Functional testing validated safe and reliable mechanical performance, demonstrating strong joint-space accuracy and stable interaction among subsystems.

The arm is intended for ESA’s Argonaut lunar lander, allowing it to unload cargo from the lander to the lunar surface. ESA’s 2024 development contract was issued to both Redwire and the Polish company PIAP. PIAP however has not even built the actual prototype. It appears ESA is now moving forward on the full contract phase for the entire rover, and it appears Redwire’s Luxembourg division is in the best position to win the robot arm contract portion.

Not surprisingly, Redwire’s stock surged by 24% following this announcement.

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Voyager wins $16.5 million DARPA contract to give solid-fueled rockets variable thrust

9:29 am

The space station startup Voyager Technologies announced today that DARPA has awarded it a $16.5 million contract to develop a technology for use by all solid-fueled rocket manufacturers that will allow those rockets to have variable thrust while firing.

Until now, once you light a solid-fueled rocket motor (SRM) it works like a firecracker, burning at the same high thrust until it runs out of fuel. The goal is to introduce ways to change that thrust along the way, if need be.

During the 20-month contract, Voyager will combine its expertise with complex system modeling and controls with the propellant and manufacturing specialized to develop and validate proof-of-concept systems, culminating in tailorable SRM hot-fire demonstrations.

The program also focuses on manufacturing scalability and post-manufacturing control architectures, including the integration of structural health monitoring systems to support real-time health monitoring and performance. These activities are intended to prepare the technology for rapid industrial transition across multiple weapon systems, enabling flexible weapons procurement and large-scale production and stockpiling.

The vagueness in this description likely comes from two reasons. First, the technology is likely difficult and still uncertain. Two, when developed this technology is certainly going to be classified, since solid-fueled rockets are used extensively by the War Department in missiles. It will be made available to multiple American manufacturers, but only to them.

Whether this technology can become operational in less than two years remains a large question. We shall see. Nonetheless, as a company Voyager continues to expand its reach, diversifying its effort beyond its Starlab space station.

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SpaceX launches another 24 Starlink satellites

9:11 am

SpaceX this morning successfully launched 24 more Starlink satellites, its Falcon 9 rocket lifting off from Vandenberg Space Force Base in California.

The first stage completed its sixth flight (32 days after its previous flight), landing on a drone ship in the Pacific.

The leaders in the 2026 launch race:

62 SpaceX
29 China
8 Russia
7 Rocket Lab

For the third straight year SpaceX leads the entire world combined in total launches, 62 to 52.

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The geology of the Moon’s far side, revealed in pictures taken during Artemis-2

9:04 am

A sample of Andrew McCarthy's work
A sample of Andrew McCarthy’s work. Click for original.

When Artemis-2 commander Reid Wiseman took pictures as his Orion capsule swung around the far side of the Moon, he did so as per the instructions of astrophotographer Andrew McCarthy, thus producing enhanced-color photographs capable of distinguishing the lunar geology with more detail.

Astrophotographer Andrew McCarthy is known for turning the moon into something it decidedly isn’t to the naked eye; a colorful, mineral-rich landscape that looks more like a geological survey than the grey orb hanging in the night sky. His technique relies on stacking hundreds or thousands of images together to suppress noise and amplify the subtle spectroscopic differences between different surface materials. The result is both scientifically accurate and visually arresting.
Linking up with Artemis

As Space.com details, just weeks before the Artemis II launch window, McCarthy DM’d mission commander and NASA astronaut Reid Wiseman with a proposal: could Wiseman shoot the moon the same way McCarthy shoots the moon? It turns out he could. “He was immediately onboard,” McCarthy said. “It was a dream come true, obviously, for me, but I saw it as this very unique opportunity.”

McCarthy worked up a plan alongside Wiseman and NASA’s lunar photography team, the same group that had trained the Orion crew on their camera kit. As regular readers will already know, the primary workhorse was a Nikon D5 DSLR paired with an 80–400 mm Nikkor lens, a decade-old body chosen specifically for its exceptional high-ISO performance. Wiseman shot burst sequences at varying exposures throughout the flyby, generating a dataset McCarthy could stack back on Earth.

The picture to the right is a small sample of McCarthy’s work.

Hat tip to reader Ferris Akel.

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SpaceX launches 29 more Starlink satellites

8:38 am

SpaceX early this morning successfully placed another 29 Starlink Satellites into orbit, its Falcon 9 rocket lifting off from Cape Canaveral Space Force Station in Florida.

The first stage (B1078) completed its 28th flight, landing on a drone ship in the Atlantic, 64 days after its previous flight. With this flight, the booster moves into a tie for seventh place with the Columbia shuttle and another Falcon 9 booster in the rankings of the most reused launch vehicles:

39 Discovery space shuttle
34 Falcon 9 booster B1067
33 Atlantis space shuttle
33 Falcon 9 booster B1071
32 Falcon 9 booster B1063
31 Falcon 9 booster B1069
28 Columbia space shuttle
28 Falcon 9 booster B1077
28 Falcon 9 booster B1078

Sources here and here.

The leaders in the 2026 launch race:

61 SpaceX
29 China
8 Russia
7 Rocket Lab

For the third straight year SpaceX leads the entire world combined in total launches, 61 to 52.

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NASA practically eliminates any Starliner flights before ISS retires

10:11 am

Starliner docked to ISS
Starliner docked to ISS in 2024.

In a procurement announcement on May 18, 2026, NASA added another three to six crewed flights to ISS to its contract with SpaceX, covering all missions possible through 2030, which in turn practically eliminates the possibility it will buy any manned flights on Boeing’s Starliner capsule.

In a May 18 procurement filing, NASA announced its intent to add six post-certification missions, or PCMs, to SpaceX’s commercial crew contract on a sole-source basis. The agency would order up to three of those missions at the time it added them, formally starting preparations for them.

…Adding six missions to the contract would cover three years of ISS operations, at a rate of one mission every six months. With the currently contracted missions, running through Crew-14, flying through the fall of 2027, the extension would provide coverage through late 2030, when the ISS is slated for retirement. NASA has previously stated the last crewed mission would likely spend a year at the station.

Though it is not stated yet exactly how much SpaceX will earn with these additional missions, based on previous contracts the revenue will likely range from $1 to $2 billion. Overall, SpaceX has probably received somewhere between $4 to $6 billion additional earnings that was supposed to go to Boeing.

Instead, Boeing is now out of the picture entirely, though NASA is being very coy about saying so. It will earn nothing from Starliner, at least in connection with hauling crews or cargo to ISS. And because its contract with NASA was fixed price and the company could not meet its final milestones to get the bulk of its payments, it will have cost the company about $2 billion beyond what NASA had paid it.

It remains unknown whether Boeing wishes to continue the project. NASA officials had suggested earlier this year that it would buy an unmanned cargo mission to ISS to give the company a chance to prove the capsule and get it certified for manned missions. They have since backed off from that plan, scheduling no Boeing missions through the rest of this year.

Though things could still change, it appears Starliner is dead. In history books this Boeing project I think will become the poster boy for the failures of the older big space companies that used to dominate America’s aerospace industry. By the 21st century they didn’t know how to budget, had poor quality control resulting in unreliable products, and designed things that were badly conceived. The result was a bankrupt space industry that was only saved when new companies appeared willing to fill a need these older companies could not.

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FAA clears New Glenn for launch

12:18 pm

The Federal Aviation Administration (FAA) yesterday approved the results of Blue Origin’s investigation into the failure of the upper stage of the company’s New Glenn rocket to reach orbit on the rocket’s third launch in April 2026.

The Blue Origin tweet announcing this FAA decision provided little information, saying only this:

The FAA has approved our NG-3 report, and corrective measures have been implemented. Prior to our second GS2 [upper stage] burn, we experienced an off-nominal thermal condition, and, as a result, one of the BE-3U engines didn’t achieve full thrust to reach our target orbit.

Blue Origin says it is preparing for the next New Glenn launch, but provided no information about when. The company is under heavy pressure to up its launch rate, which compared to SpaceX, Rocket Lab, and ULA appears almost pitiful in its slowness. It had had a contract with Amazon to do 27 Leo satellite launches, but that total has been reduced to 24 due to the lack of launches. It is also unable to do any military launches until it flies New Glenn successfully four more times.

Getting New Glenn off the ground successfully and quickly is becoming critical for the company.

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SpaceX completes a largely successful 12th orbital test flight of Starship/Superheavy

4:41 pm

Starship and Superheavy in flight

SpaceX today successfully completed its 12th orbital test flight of Starship/Superheavy, with Superheavy lifting off and getting Starship into its preliminary flight path and Starship then firing its engines and getting into a workable orbit that naturally decayed over the Indian Ocean.

There were issues with several Raptor-3 engines, being used in flight on both Superheavy and Starship for the first time. During launch one Superheavy Raptor-3 engines cut off prematurely, forcing the other 32 engines to compensate for the loss. Then, after stage separation (shown in the screen capture to the right) Superheavy’s boost back burn cut off prematurely. As a result, the booster did not come down off the coast for a soft vertical splashdown as planned, but came down in the Gulf, mostly uncontrolled. It did successfully fire some engines for the landing burn, but that splashdown was hard.

As for Starship, it also had one engine shut down prematurely, requiring the other five engines to burn about 90 seconds longer to get the ship up to an acceptable orbit. Because of these engine issues, the engineering team decided to forgo a test restart of one Raptor-3 engine.

Starship then successfully deployed 20 dummy Starlink satellites, followed by two operational Starlink satellites that were modified expressly to provide visual observations of Starship and its heat shield while it is space. Only a few minutes later engineers were able to broadcast those observations, showing Starship as seen from nearby.

Starship then successfully executed its planned maneuver leading to a soft splashdown in the Indian Ocean.

Overall this sets the stage for a quick follow-up. Expect new test flights over the summer and fall, coming almost monthly. The company has made it clear it wants to do a two-week refueling mission with two Starship before the end of the year, as well as begin using Starship to deploy the bigger upgraded Starlink version 3 satellites.

Though this flight did not complete a full orbit, the rocket got Starship into an acceptable orbital path, allowing it to do most of the orbital testing desired. I consider this a success for the 2026 launch race:

60 SpaceX
28 China
8 Russia
7 Rocket Lab

For the third straight year SpaceX leads the entire world combined in total launches, 60 to 51.

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Watching SpaceX’s 12th Starship/Superheavy orbital test flight

9:59 am

After yesterday’s scrub, SpaceX has now rescheduled the 12th test orbital launch of Starship/Superheavy for later today, with a launch window opening at 5:30 pm (Central).

The upcoming flight will debut the next generation Starship and Super Heavy vehicles, powered by the next evolution of the Raptor engine and launching from a newly designed pad at Starbase.

The flight test’s primary goal will be to demonstrate each of these new pieces in the flight environment for the first time, with each element of the Starship architecture featuring significant redesigns to enable full and rapid reuse that incorporate learnings from years of development and test.

I have once again embedded below several different live streams of the flight.
» Read more

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Starlab gets another investor

9:40 am

Starlab design as of December 2025
Starlab design as of December 2025

The consortium building the Starlab space station today announced that the investment firm 1789 Capital has made a “strategic investment” in the station’s construction, though neither would state the amount of that investment.

Starlab Space Stations and 1789 Capital announced 1789 Capital’s strategic investment in Starlab. The investment reflects mounting confidence that Starlab — the U.S.-led joint venture, next-generation commercial space station — represents a durable and commercially grounded cornerstone of the post-International Space Station (ISS) low-Earth orbit (LEO) economy.

…“America built the space age and must lead the next one,” said Omeed Malik, founder and president, 1789 Capital. “We invest in the next chapter of American exceptionalism, and Starlab is turning that vision into reality.” The firm’s investment in Starlab reflects its thesis that critical infrastructure — from the digital to the orbital — represents a generational opportunity where national interest and investor returns are aligned.

When asked, Starlab’s press office simply said “We are not disclosing the value at this time.” This has been the company’s policy when it comes to private investment. In January 2026 it announced another major investor without disclosing the amount invested.

Nonetheless, this new investment strengthens Starlab’s overall position, even if that support is tentative. In my rankings below of the five stations under development, Starlab, Vast, and Axiom remain essentially tied for first place..
» Read more

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Rocket Lab launches radar satellite for Japanese company Synspective

8:24 am

Rocket Lab early today successfully completed its ninth launch (out of a 27-launch contract) for the Japanese radar satellite company Synspective, its Electron rocket lifting off from one of its two launchpads in New Zealand.

The leaders in the 2026 launch race:

59 SpaceX
28 China
8 Russia
7 Rocket Lab

For the third straight year SpaceX leads the entire world combined in total launches, 59 to 51.

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