Tag: commercial

Firefly’s stock sells at price higher than expected

8:54 am

Firefly began selling stock to the public today on the Nasdaq stock market, with the price per share immediately rising to $45 per share, above the expected range of $41-$43, suggesting it could raise as much as$868 million in investment capital.

The strong interest in the stock by investors suggests there is great confidence in the company’s future, following the successful landing of its Blue Ghost lunar lander earlier this year. It has won a total of four lander contracts from NASA. The company also has won both commercial and NASA contracts in connection with its Elytra orbital tug. It has had mixed results with its Alpha rocket, experiencing both launch failures as well as successes, but it is also developing a larger rocket in partnership with Northrop Grumman.

This enthusiasm is noteworthy in that the company is not yet in the black, though its revenues have been increasing.

For the quarter that ended in March, Firefly reported a net loss of about $60.1 million, widening from $52.8 million in the year-ago period. Revenue jumped sixfold to $55.9 million from $8.3 million. Its backlogged totaled about $1.1 billion.

Overall it appears Firefly’s future is solid, suggesting it will join SpaceX and Rocket Lab as a major new space player in the coming years.

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Astroscale awarded patent for its space junk removal technology

9:03 am

Astroscale's patented design
Astroscale’s patented design. Click for original.

The Japanese orbital tug and space junk removal startup Astroscale was awarded a U.S. patent in late July for its space junk removal technology.

Under this new patented method, the servicer docks with a debris object (the “client”) and transfers it to a reentry shepherd vehicle in a lower orbit. Once the client is docked with the shepherd, the servicer separates and proceeds to engage a new client, while the shepherd safely guides the initial client into Earth’s atmosphere for reentry. This process repeats, allowing the servicer to remove multiple large debris objects over the course of its mission.

Astroscale’s architecture also supports flexible mission profiles: the shepherd can remain docked through reentry, undocked after performing reentry insertion and returned to orbit, or in some cases, missions can proceed without a shepherd vehicle at all. This adaptability is essential in addressing the diverse size and risk profile of objects in orbit.

The company notes that this technology, which the image suggests will use robot arms to grab its targets, will allow its spacecraft to remove not only inactive satellites that were launched with docking equipment already attached but also rocket bodies and older satellites without that docking capability.

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NASA awards small orbital tug study contracts to six companies

8:35 am

NASA yesterday awarded six companies small study contracts in connection with orbital tug operations, with some to study using their rocket upper stage for this purpose while others to see how they can refine the use of their tugs.

The press release was not entirely clear on how much money was involved in each contract, though in each case the amounts are relatively small.

The firm-fixed-price awards comprise nine studies with a maximum total value of approximately $1.4 million. The awardees are:

Arrow Science and Technology LLC, Webster, Texas [tug study]
Blue Origin LLC, Merritt Island, Florida [both tug and upper stage studies]
Firefly Aerospace Inc., Cedar Park, Texas [tug study]
Impulse Space Inc., Redondo Beach, California [tug study]
Rocket Lab, Long Beach, California [both tug and upper stage studies]
United Launch Services LLC, Centennial, Colorado [upper stage study]

The studies are expected to be finished by September 2025, and will be used by NASA to determine how it will get some of its future spacecraft to their intended orbits.

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Echostar issues contract to build satellites for direct-to-phone constellation

1:19 pm

Echostar has awarded the satellite company MDA Space a $1.3 billion contract to build the first 100 satellites in its proposed direct-to-phone constellation that will compete directly with the constellations of SpaceX’s Starlink and AST SpaceMobile.

The initial contract, valued at approximately US$1.3 billion (approx. C$1.8 billion), includes the design, manufacturing and testing of over 100 software-defined MDA AURORA™ D2D satellites. With contract options, enabling a full initial configuration of a network of over 200 satellites, the value of the contract would increase to an approximate total value of US$2.5 billion (approx. C$3.5 billion). EchoStar envisions future growth to thousands of satellites, as demand requires, to provide global talk, text and broadband services directly to standard 5G handheld devices.

The constellation will be fully compliant with the newly created NTN and 3GPP standards, allowing EchoStar to provide messaging, voice, broadband data, and video services upon launch to all phones configured to this standard, without modifications. Additionally, the constellation will connect to an array of sensor and mobile vehicles.

All three constellations are designed to provide cell service in areas where there are no cell towers. The satellites themselves become the cell towers, in orbit.

Since most people today access the internet via their smartphones, I can see these direct-to-phone constellations eventually becoming the prime method for accessing the web. Why have a separate provider for your web services when these constellations can give you that as well as phone service. It is for this reason I suspect Echostar is jumping on the bandwagon.

This move also suggests the older Starlink and Kuiper constellations, that only provide web service, are going to eventually get superseded. For Starlink this isn’t really a threat, as it is already beginning the transition to this new technology and can likely shift its millions of customers to it easily when the time comes. For Amazon’s Kuiper constellation, however, it appears it might be arriving too late in the game.

More proof that in capitalism speed is essential. Amazon has simply moved too slowly in launching its constellation.

Hat tip Btb’s stringer Jay.

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Endeavour launched successfully, carrying four astronauts to ISS

9:03 am

SpaceX’s Endeavour Dragon capsule has been successfully placed in orbit carrying four astronauts to ISS, its Falcon 9 rocket lifting off from Kennedy in Florida.

This is Endeavour’s sixth flight. It will dock at ISS in the early hours tomorrow. The first stage completed third flight, landing back in Florida.

The leaders in the 2025 launch race:

96 SpaceX
41 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 96 to 71.

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Gin Blossoms – Hey Jealousy

6:02 pm

An evening pause: Hat tip Wayne DeVette, who notes, “The band’s name comes from a photo of W.C. Fields in Kenneth Anger’s book Hollywood Babylon, which bore the caption ‘W.C. Fields with gin blossoms’, referring to the actor’s telangiectasia-spotted face and rhinophymic nose by the slang term for the skin condition known as rosacea.”

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SpaceX launches 19 more Starlink satellites

3:35 pm

Only a few hours after it scrubbed the launch of its Endeavour capsule carrying four astronauts to ISS because of weather at Kennedy in Florida, SpaceX proceeded to successfully launch 19 more Starlink satellites, its Falcon 9 rocket lifting off from Vandenberg in California.

The relatively low number of Starlink satellites on this launch appears related to the higher orbit in which they were placed. The first stage completed its 27th flight, landing on a drone ship in the Pacific. SpaceX now has four boosters that have flown more than 25 times, respectively 29, 27, 26, and 26.

The leaders in the 2025 launch race:

95 SpaceX
41 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 95 to 71. Meanwhile, the manned Endeavour launch has now been rescheduled for tomorrow morning.

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The word that best describes our present NASA lunar program is “delusional.”

12:16 pm

Artemis, a program based on fantasy
Artemis, a program based on fantasy

Increasingly it appears everyone in Congress, the White House, and NASA, as well as our bankrupt mainstream press, has become utterly divorced from reality in talking about NASA’s Artemis lunar program. The claims are always absurd and never deal with the hard facts on the ground. Instead, it is always “Americans are piorneers! We are great at building things! We are going to beat China to the Moon!”

An interview of interim NASA administration (and Transportation secretary) Sean Duffy yesterday on the Sean Hannity Show made all these delusions very clear. First Hannity introduced Duffy by stating with bald-faced ignorance that “NASA has a brand-new program. It is called Artemis that aims to get astronauts back on the Moon in the next couple of years.”

I emphasize “brand-new” because anyone who has done even two seconds of research on the web will know that Artemis has existed now for more than a decade. Hannity illustrates his incompetence right off the bat.

Duffy then proceeds to insist that the next Artemis mission, dubbed Artemis-2, will fly in April 2026 and send four astronauts around the Moon, followed by the Artemis-3 manned landing one year later.

Being an incompetent member of the propaganda press, Hannity of course accepts these claims without question. He fails to question Duffy about the serious issues with the Orion heat shield, which experienced extensive unexpected damage that is still not understood during its return on the first Artemis mission in 2022.

Nor does either Duffy or Hannity mention the fact that for Artemis to land humans on the Moon SpaceX’s Starship not only has to become operational for human passengers, it needs an in-orbit refueling capability that does not yet exist. I have full confidence that SpaceX will eventually succeed in achieving these benchmarks, but I also doubt it will be able to do it by mid-2027, as claimed by Duffy.

Duffy and Hannity however are not alone in living in this dream world. » Read more

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California Coastal Commission to reconsider SpaceX’s Vandenberg launch proposal

10:12 am

The California Coastal Commission has now scheduled a meeting on August 14, 2025 to reconsider SpaceX’s request to double its launch rate at Vandenberg Space Force Base from 50 to 100 launches per year.

Though it has no real authority over the base, and though the Space Force has indicated it has no objections to SpaceX’s proposal, the commission rejected that increase in a 6-4 vote in October 2024, but did so not because the commissioners thought it would harm California’s beaches, but because they did not like Elon Musk’s endorsement and campaigning for Donald Trump during the election campaign.

SpaceX has subsequently sued, with a judge ruling two weeks ago that the suit can go forward. Based on the statements made by commissioners in October, SpaceX has an excellent case, and will likely win in court.

It appears the commission is now acting to possibly stave off that suit. The article at the link also notes that the make-up of the commission has changed since that October meeting, with at least one of the commissioners who expressed the most hate against Elon Musk, Gretchen Newsom, is no longer a member.

At the same time, the hostility to Musk and SpaceX for environmental reasons appears to still exist within the commission. Either way, in the end SpaceX’s launch rate at Vandenberg is going to increase, since the military is agreeable to the change.

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Ontario cancels Starlink contract in retaliation to Trump’s tariffs

9:28 am

Cutting off your nose to spite your face: The Ontario government yesterday canceled a $100 million Starlink contract it had with SpaceX to provide internet service to remote areas, doing so in retaliation to Trump’s tariffs.

Ontario Premier Doug Ford threatened to cancel the contract in February if U.S. tariffs on Canadian goods were imposed. He killed the deal in March when U.S. President Donald Trump moved ahead with tariffs. “It’s done, it’s gone,” Ford said at the time. “We won’t award contracts to people who enable and encourage economic attacks on our province … and our country.”

…Ford’s cancellation of the deal came as part of a suite of measures in retaliation to Trump’s tariffs. He pulled American booze off the shelves of LCBO stores in March and has said the U.S. booze ban will be kept in place until Trump removes his tariffs on Canada. Ford also banned American companies from bidding on $30 billion worth of procurement contracts the province awards each year. He also banned U.S. companies from bidding on contracts related to his $200-billion infrastructure plan to build highways, tunnels, transit, hospitals, and jails.

It appears the province had to pay SpaceX a penalty for canceling the contract, but the amount has not been revealed. The cancellation also leaves those rural areas stranded, as the government presently has no alternative service to offer.

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Next Starship moves to launchpad for static fire testing

9:16 am

SpaceX has now finished work adapting the Boca Chica launchpad for Starship and has installed the next Starship prototype there for static fire testing prior to the tenth orbital test flight expected in the next few weeks.

The pad is normally configured for Superheavy. SpaceX engineers have quickly jury-rigged it to fit Starship to it for static fire tests because the normal Massey test stand was badly damaged in an explosion during static fire tests of the previous prototype in June.

With this setup, SpaceX is going to be able to static fire a ship on Pad 1 (A). SpaceX will likely do some quick pressure and leak checks; however, no tanking tests appear to be planned. SpaceX seems confident enough in this setup that crews are aiming for a static fire on Wednesday, July 30, and a second static fire on Thursday, July 31. Both of these days have testing closures set for 7 am – 7 pm CDT.

If these go as planned and there are no issues, which, considering how makeshift this setup is, would be a massive achievement. Once its engine testing is completed, SpaceX will roll Ship 37 back to Mega Bay 2 for final work and return the pad to launch configuration; this process could take approximately two weeks.

The company will then do its standard static fire tests of Superheavy, stack Starship on top, and be ready for launch, hopefully by mid- to late August.

This Starship is one of the last two version-2 Starships being prepped for test flights. After they have flown, the company will move to version-3, which hopefully will have a better flight success record than version-2.

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Thales Alenia ships the orbit insertion module for the Mars sample return mission

8:59 am

Though the entire project remains in limbo at NASA and might be cancelled, the European aerospace company Thales Alenia this week completed construction of the orbit insertion module for the Mars sample return mission that will place the orbiter — also built by European companies — in Mars orbit and will eventually bring the samples back to Earth.

On 28 July, Thales Alenia Space announced that the module had passed its test campaign with “excellent results.” According to the update, the company had packed and shipped the Orbit Insertion Module from its Turin facilities to Airbus in Stevenage a few days earlier. The delivery marks a key milestone in the development of the Mars Return Orbiter.

The broader Earth Return Orbiter project passed a key milestone in July 2024 with the completion of the Platform Critical Design Review. This review confirmed the performance, quality, and reliability of the mission’s systems. With its successful conclusion, Airbus advanced to full spacecraft development, including the integration and testing of its various components, among them the Orbit Insertion Module.

Under the project’s present very complex design, NASA is supposed to provide the ascent rocket and capsule to bring the samples to Europe’s return orbiter. At the moment it is unclear who will build this, or even if it will ever get built. Thus, Europe might be building a very expensive Mars orbiter with no clear mission.

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Firefly wins new NASA lunar lander contract, worth $176.7 million

8:52 am

NASA announced yesterday that it has awarded Firefly a $176.7 million contract to use the company’s Blue Ghost lunar lander to deliver two rovers and three other science instruments to the Moon’s south pole region.

Under the new CLPS task order, Firefly is tasked with delivering end-to-end payload services to the lunar surface, with a period of performance from Tuesday to March 29, 2030. The company’s lunar lander is targeted to land at the Moon’s South Pole region in 2029.

This is Firefly’s fifth task order award and fourth lunar mission through CLPS. Firefly’s first delivery successfully landed on the Moon’s near side in March 2025 with 10 NASA payloads. The company’s second mission, targeting a launch in 2026, includes a lunar orbit drop-off of a satellite combined with a delivery to the lunar surface on the far side. Firefly’s third lunar mission will target landing in the Gruithuisen Domes on the near side of the Moon in 2028, delivering six experiments to study that enigmatic lunar volcanic terrain.

One of the rovers is being built in partnership with Canada.

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Gilmour’s first launch a failure

4:55 pm

Eris rocket launch and failure
Click for video, cued to just before launch.

The first launch of the Australian rocket startup Gilmour Space’s Eris rocket ended in failure today when the rocket started drifting sideways after rising about 150 feet and then crashing near the launchpad.

The picture to the right is a screen capture from an independent live steam of the launch posted on youtube by Aussienaut, captured about 20 seconds after liftoff. The red dot indicates the location of the launchpad where the rocket took off to make clear the rocket’s sideways motion. Ten seconds after this, the rocket fell to the ground and exploded.

This launch attempt was the first ever by a private commercial Australian rocket company, so the failure itself is not surprising. It was also the first orbital test launch from a privately owned Australian spaceport. Whether the company has the resources to recover remains to be seen, but I suspect it will try again.

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Starlab partners with the interior design company Journey

3:12 pm

Starlab design in 2025
The Starlab design in 2025. Click
for original image.

The consortium designing the commercial Starlab space station has now signed a partnership deal with the interior design company Journey for the latter to design the station’s habitable interior.

Journey brings a deep portfolio of globally recognized projects, including the Sphere in Las Vegas, the Empire State Building observatory in New York City and the Sun Princess Dome for Princess Cruises. The agency will be working closely with Hilton, one of the original strategic partners in the Starlab program, designing the Starlab hospitality and crew experience. Journey’s role adds a vital layer of design and experiential innovation, shaping a space that reflects both function and humanity.

Much of the press release is similar blather. It is good that Starlab is thinking about making the living space in its station “both a cutting-edge research platform and a welcoming, livable habitat,” but this deal doesn’t include any actual design work. Apparently nothing concrete will be done until Starlab wins the big NASA construction project — assuming it does so. Thus, I still rank Starlab low in my rankings of the four commercials stations being built or proposed, but this deal has convinced me to raise its ranking above Orbital Reef. Both have built little, but Starlab is at least making a lot of partnership deals with others, strengthening the quality of its team.

  • Haven-1, being built by Vast, with no NASA funds. The company is moving fast, with Haven-1 to launch and be occupied in 2026 for an estimated 30 days total. It hopes this actual hardware and manned mission will put it in the lead to win NASA’s phase 2 contract, from which it will build its much larger mult-module Haven-2 station..
  • Axiom, being built by Axiom, has launched four tourist flights to ISS, with the fourth carrying government passengers from India, Hungary, and Poland. Though there have been rumors it has cash flow issues, development of its first module has been proceeding more or less as planned.
  • Starlab, being built by a consortium led by Voyager Space, Airbus, and Northrop Grumman, with an extensive partnership agreements with the European Space Agency and others. It recently had its station design approved by NASA, but it has built nothing. The company however has now raised $383 million in a public stock offering, which in addition to the $217.5 million provided by NASA gives it the capital to begin some construction.
  • Orbital Reef, being built by a consortium led by Blue Origin and Sierra Space. Overall, Blue Origin has built almost nothing, while Sierra Space has successfully tested its inflatable modules, including a full scale version, and appears ready to start building its module for launch.

Hat tip to BtB’s stringer Jay.

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Firefly hopes to raise more than $600 million in initial stock offering

9:03 am

The rocket startup and lunar lander company Firefly yesterday posted details about its initial public stock offering, designed to hopefully raise more than $600 million.

Firefly Aerospace, a market leading space and defense technology company, today announced that it has launched the roadshow for its proposed initial public offering of 16,200,000 shares of its common stock. In addition, Firefly intends to grant the underwriters a 30-day option to purchase an additional 2,430,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $35.00 and $39.00 per share.

The company stated it would use the money “to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for general corporate purposes.”

The company has not yet announced the date when this stock offering will become available for purchase.

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Wang Leehom – More I Cannot Wish You

6:01 pm

An evening pause: This song is from the Broadway production of Cole Porter’s Guys & Dolls, which unfortunately got cut from the movie. It is song by an older man, a kind of father figure in the play, wishing the best for a young woman co-worker.

This version is actually the best live performance I could find, and amazingly it is from Beijing in 2017.

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South Korea transfers its government-built Nuri rocket to private company

8:35 am

Capitalism in space: South Korea’s space agency KARI has now completed the transfer of its government-built Nuri rocket to the private South Korea company Hanwha Aerospace.

The transfer includes a total of 16,050 technical documents. While some 2 trillion won ($1.45 billion) in public funds was invested in developing the Nuri rocket, the two sides agreed on a technology transfer fee of 24 billion won, based on direct research and development costs. The agreement comes nearly two years and 10 months after Hanwha Aerospace was selected as the preferred negotiator.

Under the contract, Hanwha Aerospace has secured exclusive rights to lead Nuri production until 2032, which coincides with the government’s target for the next-generation Korean launch vehicle. [emphasis mine]

The highlighted phrase is important, as it shows that this transfer is not completely shifting space development and ownership from the government to the private sector. Hanwha is going to operate the rocket, but it does not appear to own it, nor is it clear it will be allowed to market it to others for profit. Furthermore, it is not Hanwha but KARI that will be developing the next-generation rocket, using government funds.

The dominance of the South Korean government is also reflected in the cost, as the article notes that the Nuri rocket costs “per kilogram … about 10 times that of SpaceX’s reusable Falcon 9.” Like all governments, KARI was not focused on profit in developing Nuri, so it built a rocket uncompetitive in the present launch market.

Still, this deal indicates the South Korean government’s recognition that it must foster a robust private sector aerospace industry if it truly wishes to enter the space age. This deal is thus just a first step.

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Bankrupt balloon company Space Perspective bought by European company

10:15 am

The bankrupt high-altitude balloon company Space Perspective has now been purchased by the Spanish balloon startup Eos X Space.

Space Perspective “will operate with full autonomy, under U.S. leadership and corporate structure,” Eos X Space representatives said in an emailed statement on Thursday (July 24). Space Perspective’s efforts will dovetail with those of Madrid-based Eos X Space, an aerospace outfit founded in 2020 that has been working on a balloon-tourism system of its own.

Eos X is one of three Spanish balloon startups, all vying to provide high altitude flights to tourists, with the other two companies being Zero-2 and Halo. All three have been in a long legal fight, with the latter two indicted in 2023 over the theft of Eos X’s balloon concept. In an earlier legal action, Zero-2 claimed its concept was stolen by Eos X.

None, including Space Perspective, has as yet actually flown any tourists.

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Another two launches by SpaceX and China

10:01 am

There were two more launches last night and today. First, SpaceX put another 24 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Vandenberg in California. The first stage completed its 19th flight, landing on a drone ship in the Pacific.

Next, China today successfully launched another five satellites in its planned Guiwang (“king”) internet constellation of 13,000 satellites, its Long March 6 rocket lifting off from its Taiyuan spaceport in northern China. No word on where the rocket’s lower stages crashed inside China.

This launch brought the total number of operational satellites in orbit for this constellation to 39, all launched since December 2024. At this pace it will take many years for China to complete this constellation, though it likely can begin selling the service in China with an incomplete constellation. Its international licence requires it to launch 10% by 2029 and 50% by 2032.

The leaders in the 2025 launch race:

93 SpaceX
38 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 93 to 67.

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Texas Space Commission hands $5 million to proposed spaceport in the middle of Texas

12:21 pm

US and Mexico
Click for source.

In what can only be seen by anyone with any objectivity as a political payoff that has no chance of ever producing anything worthwhile, the Texas Space Commission (TSC) has given the Midland International Air and Space Port a $5 million grant to develop its proposed spaceport for vertical rockets in the middle of west Texas.

The spaceport is one of three facilities — along with ILC Aerospace in Houston and SylLab Systems in Plano — that received grant funding as part of the Space Exploration and Aeronautics Research Fund (SEARF). The SEARF provides funding to eligible companies, including government entities that the TSC is partnered with, to fund such purposes as technology development, research, workforce training, curation of materials and development of infrastructure. In its history, the SEARF fund has provided $126 million worth of grant money to 22 different projects.

…Although requested and managed by the city of Midland, the vertical launch site will be in Balmorhea in Reeves County, around the same site as the International Rocket Engineering Competition earlier this summer. The area can currently support suborbital rocket launches, but the vertical launch site is expected to support orbital flight, which will complement their horizontal launch system and high speed corridor for hypersonic flight.

The map to the right shows the location of Midland and Balmorhea. As you can see, this site makes no sense for vertical rocket launches, unless every rocket launched from the site is completely reusable. Even then, it faces major political hurdles to get permission to fly rockets over all the neighboring communities and states. The FAA would certainly have doubts.

In other words, this $5 million grant is a nice pay-off from one government agency to another, with its only purpose to spread some graft around.

That the Hearst-owned Midland Reporter-Telegram news article at the link recognizes none of this, and simply and naively spouts the propaganda put forth by government officials, once again illustrates the bankruptcy of our so-called “mainstream” press.

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Europe and SpaceX complete two launches late yesterday

10:01 am

Both Europe and SpaceX successfully completed launches in the early morning hours today.

First Arianespace, the European Space Agency’s (ESA) commercial arm, used Avio’s Vega-C rocket lifting off from French Guiana to put five satellites into orbit, including four high resolution Earth observation satellites and one climate satellite. This was only the third launch for Arianespace in 2025, two of which were of the Vega-C.

Next, SpaceX placed 28 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Cape Canaveral. The first stage completed its 22nd flight, landing on a drone ship in the Atlantic.

The leaders in the 2025 launch race:

92 SpaceX
37 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 92 to 66, with another Starlink launch scheduled for tonight.

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American Battlefield Trust – Famous Civil War Photos in 360°

6:01 pm

An evening pause: I just finished reading a book of letters written by a soldier who participated in the battle of Antietam, just south of Burnside Bridge. The irony was that Burnside spent more than a day and multiple attempts to capture the bridge, when in fact his troops could have simply walked across the creek at any point, never getting their legs wet above the knee. The soldier was Captain Wolcott Pascal Marsh, and his regiment actually forded the creek further south and advanced farther than almost anyone else in Burnside’s battalion. The book: Letters to a Civil War Bride.

Like all the Civil War battle fields, Antietam is definitely worth visiting.

Hat tip Cotour.

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