Update on rocket startup Relativity and its Terran-R rocket

Link here. With NASA awarding it a major contract yesterday to launch and operate a Mars orbiter by 2028, this detailed report today on the status of the company’s Terran-R rocket and its launchpad at Cape Canaveral is very well timed.

The report provides details on the testing status of the rocket’s first and second stages. It also describes the construction at the launchpad, with the horizontal assembly building just about finished. The key paragraph in the report however is the last:

With the second stage on its way to Stennis for testing, the first-stage qualification article preparing for structural load testing, and LC-16 rapidly approaching its final configuration, Relativity Space is entering the pivotal final phase of Terran R development. If this pace holds, the company will remain on track for a maiden flight by the end of 2026 — introducing a new heavy-lift launch system with a payload capacity significantly higher than SpaceX’s Falcon 9.

In addition to Relativity, there are a lot of companies that hope to do the first launch of a new rocket this year, including the American companies Rocket Lab and Stoke Space, the German companies Isar and Rocket Factory Augsburg, the Spanish company PLD, the South Korean company Innospace, the Australia company Gilmour, and the India company Skyroot. It is also possible I have missed one or two, there are so many.

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The suborbital spaceplane company Dawn Aerospace raises $25 million in private capital

The crew and Mk-II Aurora
The crew and Mk-II Aurora

According to a press release issued June 16, 2026, the suborbital spaceplane company Dawn Aerospace has now raised an additional $25 million in private investment capital, more than doubling the amount of money raised by the company.

Dawn Aerospace today announced the close of its Series B funding round, raising $25 million at a $195 million post-money valuation. The round was led by US-based VC, Balerion Space Ventures.

Since its Series A in 2022, Dawn Aerospace has become the leading provider of non-toxic chemical propulsion worldwide with 200 thrusters in space on more than 50 satellites. Dawn has also flown supersonic with the Aurora suborbital spaceplane, making it the first privately developed aircraft to fly supersonic since the Concorde, and one of only two supersonic UAVs operating globally today.

…Commercially, revenue has grown from less than $3 million in FY22 to well over $15 million with growth of over 90% in the last 12 months and cash-flow positive operations.

The company has not only been flying its supersonic small MK-II Aurora spaceplane numerous times successfully, including doing so at least once twice in one day, it has been successfully selling space on those flights.

None of those flights however have been to space. The company says it launch a bigger version of Aurora within the next 12 months with the capability of reaching suborbital space, and plans to begin regular suborbital spaceplane flights from Oklahoma in 2027. It also hopes to demonstrate in orbit a refueling system for satellites by 2028.

If it succeeds, it will likely grab the market share that Blue Origin’s has abandoned when it shut down its New Shepard suborbital capsule, and that Virgin Galactic has lost by not flying for the past few years. Moreover, even if these companies resume suborbital operations, because Dawn’s spaceplanes are not designed for human flight, they are likely much cheaper to fly, and will grab more business.

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France changes the companies to use its old Diamant shared launchpad

French Guiana spaceport
The French Guiana spaceport. The Diamant launchsite is labeled “B.”
Click for full resolution image. (Note: The Ariane-5 pad is now the
Ariane-6 pad, and the Soyuz pad is now controlled by rocket startup
MaiaSpace.)

France’s CNES space agency, which manages the French Guiana spaceport France owns, has now made some major changes in the rocket startups it will let share use of its old long unused Diamant launchpad.

In 2021, CNES opened a call for interest in a new commercial launch facility that it would build on the grounds of the old Diamant launch site at the Guiana Space Centre. On 25 July 2025, the agency announced seven companies that had been shortlisted: HyImpulse, Isar Aerospace, PLD Space, Rocket Factory Augsburg, Latitude, MaiaSpace, and Avio.

Since that announcement, Avio and HyImpulse have been removed from the list, with CNES offering no explanation. MaiaSpace voluntarily gave up its space after CNES, in September 2024, selected the company to assume control of the former Soyuz launch facility, now renamed ELM2.

The story today is that another new European rocket startup, Sirius Space, has been selected as a user of this pad. Thus, this shared launchpad will now be used by five companies, PLD, Isar, Rocket Factory, Latitude, and Sirius.

Of those five, the first three appear closest to launch, though only PLD intends to use this pad at present. Isar hopes to launch its Spectrum rocket from Norway’s Andoya spaceport on June 20th (after numerous scrubs). Rocket Factory has requested a launch license from the UK’s Civil Aviation Authority (CAA) to launch its RFA-1 rocket in July from the Saxavord spaceport on the Shetland Islands, but that remains to be seen, considering the CAA’s past slow behavior.

Meanwhile, PLD has committed €35 million to the Diamant site to prepare it for its own first launch of its Miura-5 rocket, presently expected before the end of 2026. How it will get reimbursed when those other companies begin using the launchpad facilities it built and paid for is not clear.

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One more launch yesterday for China

UPDATE: China finally confirmed the launch today (June 18, 2026).

Original post:
————————–
Though China has still not issued any official update, it appears the Chinese pseudo-company Expace successfully placed seven satellites into orbit yesterday, its Kuaizhou-11 solid-fueled rocket lifting off from China’s Jiuquan spaceport in northwest China.

The launch itself was observed by locals, and later spent stages were found in “established hazard zones” in China. No announcement of any kind however has been released by China. There were rumors of a failure of the upper stages or the payloads, but according to Space Force tracking data, the launch itself appears to have been a success.

Tracking data from the U.S. Space Force suggests that Kuaizhou-11 achieved orbit and deployed seven satellites, then performed a deorbit burn. Based on the orbital inclination, 55 degrees, and source chatter, those satellites likely belong to Future Navigation’s positioning service, being its third deployment of them.

The lack of any announcement so far from China suggests some or all of the satellites had issues.

The leaders in the 2026 launch race:

72 SpaceX
40 China
8 Russia
8 Rocket Lab (plus two suborbital HASTE launches)

For the third straight year SpaceX leads the entire world combined in total launches, 72 to 68.

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NASA awards Relativity the launch and management contract for new Mars orbiter

NASA today awarded the rocket startup Relativity the contract to provide the service module, rocket, and operations for the launch of its proposed four instrument Aeolus Mars orbiter, focused on studying the Martian atmosphere.

NASA will provide the Aeolus atmospheric‑science instrument payload suite, while Relativity Space supplies the spacecraft, rocket, and cruise operations necessary to deliver the instruments to Mars.

…Aeolus, scheduled to launch in 2028, is a NASA‑developed suite of four complementary instruments designed to provide the first integrated, daily, global view of Martian winds, temperatures, dust, and clouds. By improving models for dust, winds, temperature, and seasonal atmospheric behavior, Aeolus will generate the detailed environmental knowledge required to reduce risk for future crewed and uncrewed landings. These measurements will directly inform entry, descent, and landing systems and support safer, more predictable mission planning for astronauts.

…NASA will support operations of science instruments for at least one Martian year, while Relativity Space maintains the spacecraft.

The announcement made no mention of contract price. Relativity meanwhile has only launched once, a failure of its small Terran-1 rocket in 2023, after which the company abandoned that 3D-printed design to focus on its larger Terran-R rocket, which it hopes to launch for the first time before the end of this year.

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Gwynne Shotwell: Starship flight 13 in about a month, flights monthly thereafter

According to a short clip from an interview with SpaceX CEO Gwynne Shotwell earlier this week, she stated the company expects to fly the next Superheavy/Starship mission, #13, in about a month, and will then begin monthly test flight thereafter.

Full orbital flights should begin with #14, “and then from there on out.”

She also expressed certainty about an operational Starship in orbit before the end of the year. That likely includes a deployment of Starlink satellites, as well as a likely refueling test mission involving two Starships. In an October 2025 Starship update SpaceX described this mission, noting it was targeting a late 2026 launch:

It will start with a Starship launched from Starbase to spend an extended time on orbit, gathering data on vehicle propulsion and thermal behavior on an extended duration mission, including long duration propellant storage and boil-off characterization. A second Starship will then launch to rendezvous with the first to demonstrate ship-to-ship propellant transfer in Earth orbit.

All the evidence continues to suggest the company is going to meet this schedule, or only miss it by a few months at most.

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Tianwen-2 appears to be correctly approaching its target asteroid Kamo-oalewa

Though China has made no official update on the status of Tianwen-2, its first asteroid sample return mission, the spacecraft’s maneuvers that amateurs have been tracking suggest it is approaching its target asteroid Kamoʻoalewa as planned, with a rendezvous set for July.

Despite the lack of official updates, the observed maneuvers fit the approach sequence described in Tianwen-2’s mission design. According to a paper by Zhang Rongqiao and colleagues published in SCIENTIA SINICA Physica, Mechanica & Astronomica, the spacecraft’s approach to Kamo’oalewa follows a planned sequence of phases, including the June 7 rendezvous, concluding when the probe has closed to within 20 kilometers of the asteroid’s surface, marking the starting point for close-proximity science operations. This will include global mapping and surveying and sample site selection.

A mission engineer, delivering a presentation on behalf of Zhang He at the 35th Meeting of the NASA Small Bodies Assessment Group (SBAG) June 11, confirmed Tianwen-2 is scheduled to arrive at Kamo’oalewa in July, without providing details on current distance from the asteroid.

The mission is somewhat similar in concept to NASA’s OSIRIS-Rex and Japan’s Hayabusa-2 asteroid missions, both of which rendezvoused with an asteroid and grabbed samples to return to Earth. China however has posted little information about Tianwen-2, including few pictures. One can’t help wondering if this reticence is because the spacecraft’s design its stolen, and China doesn’t want to make this obvious. It is known that China hacked into the computer systems of JPL, NASA, and Japan’s space agency JAXA.

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The satellite repair startup Katalyst raises $12 million in private investment capital

Katalyst's proposed Swift rescue mission
Katalyst’s proposed Swift rescue mission.
Click for original image.

The startup Katalyst, which aims to become a major robotic satellite servicing company and is about to launch its first mission to rescue NASA’s Gehrels-Swift space telescope, has just completed a funding round where it raised $12 million in private investment capital.

Katalyst Space raised $12 million to develop Katalyst’s Nexus robotic spacecraft and expand satellite servicing to multi-orbit, multi-mission operations. … It’s a space robot that will reposition, repair, refuel, refit satellites post-launch, and build the next generation of space infrastructure.

The funding round was led by Geodesic Capital, with significant participation from Fortitude Ventures and other investors.

Nexus’ first mission in 2027 will be to geosynchronous orbit, though it is not yet determined what satellite the spacecraft will service. The company appears to be in negotiation with both the government and commercial satellite operators.

Meanwhile, Katalyst’s Link spacecraft is now integrated within Northrop Grumman’s Pegasus rocket, awaiting a planned launch later this month. That rescue mission, only awarded to Katalyst by NASA in November 2025, will attempt to capture Gehrels-Swift, which has no capture mechanism, and raise its orbit.

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Four launches, two by China, one by SpaceX, and one by Arianespace

The beat goes on. Since yesterday the global rocket industry completed four separate launches on three separate continents.

First, China’s Long March 3B rocket placed “an experimental satellite” into orbit, lifting off yesterday from its Xichang spaceport in southwest China. The state-run press provided no information as to where the rocket’s lower stages, using very toxic hypergolic fuels, crashed inside China.

China followed up with the launch of another nine satellites in the Guowang (Satnet) internet constellation, its Long March 12 rocket lifting off today from its coastal Wenchang spaceport. This was the 22nd launch for this constellation, bringing the total number of operational satellites in orbit to 175, according to the report at the link, which also added this:

This year, it is planned that 310 satellites will be deployed, followed by 900 in 2027, and 3,600 every year beginning in 2028 to sustain and grow the constellation. In the 2030s, up to 13,000 satellites could be in operational orbit.

Though launched over the ocean, the rocket’s lower stages fell within the territorial waters of the Philippines, requiring its space agency to issue a warning to local residents and boat owners.

Next SpaceX in the early morning hours successfully launched three Bluebird satellites for AST SpaceMobile’s cell-to-satellite constellation, its Falcon 9 rocket lifting off from Cape Canaveral Space Force Station in Florida. AST now has 10 satellites in orbit. It needs to launch 45 to become operational, something it now hopes to achieve by early 2027.

The rocket’s two fairings completed their 16th and 33rd flights respectively. The first stage (B1077) completed its 29th flight (27 days after its previous flight), landing on a drone ship in the Atlantic. With this flight the stage moved past the space shuttle Columbia, putting it in seventh place in the rankings for the most reused launch vehicle:

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

Sources here and here.

Finally, several hours later Arianespace launched 36 Leo satellites for Amazon, its Ariane-6 rocket lifting off from French Guiana. This launch was the most powerful configuration of Ariane-6 yet launched and the third in Arianespace’s 18-launch Amazon contract. With this launch, Amazon now has 367 satellites in orbit. It needs to get 3,232 in orbit by July 30, 2029 to meet its FCC license requirements.

This was Arianespace’s third launch this year. The leaders in the 2026 launch race:

72 SpaceX
39 China
8 Russia
8 Rocket Lab (plus two suborbital HASTE launches)

For the third straight year SpaceX leads the entire world combined in total launches, 72 to 67.

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SpaceX demolishes SLC-6 launchpad at Vandenberg

The SLC-6 launchpad during my 2015 tour of Vandenberg
The SLC-6 launchpad during my 2015 tour of Vandenberg

As part of its plan to launch both Falcon 9 and Falcon Heavy from Vandenberg Space Force Base in California, SpaceX today demolished the SLC-6 launchpad there that had been built in the 1980s for space shuttle launches (but never used) and then leased to ULA for its Delta rocket (now retired).

Below the fold is a video showing the controlled demolition. The quality is very poor, as it was taken on a smart phone looking at a live stream of the demolition, broadcast inside a nearby auditorium. Vandenberg officials did not allow anyone access to any nearby location to watch live.

SpaceX will now rebuild the pad for its own Falcon rockets. Once completed, it will have two launchpads at Vandenberg, allowing it to up its launch rate there to as much as 100 launches per year.

To get a sense of the size and scale of SLC-6 prior to today, see the photos from my 2015 tour of Vandenberg. The picture to the right attempts to capture it, with its mobile launch tower on left and larger assembly building on the right. As I wrote then when taken inside the rocket assembly building:

I can sum up the experience however in one word: Big! The interior space was incredibly large, so large they have repeated problems chasing birds and raccoons from within it. When we took the elevator to the 20th level, almost the highest point inside, the room echoed with the sounds of birds whistling away. I wonder how they react when a rocket takes off.

It is now gone. It will however be replaced by something better. The history of SLC-6 was that of a largely expensive and under-used facility. SpaceX intends to change that.

Hat tip BtB’s stringer Jay.
» Read more

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SpaceX gets an additional $10 billion from its IPO, bringing total raised to $85.7 billion

SpaceX logo

SpaceX yesterday announced that it has raised an additional $10 billion from its initial public offering (IPO) because its original private investors have decided to exercise their option to purchase stock, bringing the total raised to $85.7 billion.

Space Exploration Technologies Corp. (“SpaceX”) today announced the closing of its initial public offering of an aggregate 638,888,888 shares of its Class A common stock, including the full exercise by the underwriters of their overallotment option to purchase an additional 83,333,333 shares of Class A common stock from SpaceX. The issuance of all shares closed on June 15, 2026, bringing the gross proceeds from the initial public offering to SpaceX to approximately $85.7 billion. The shares of Class A common stock began trading on the Nasdaq Global Select Market and Nasdaq Texas on June 12, 2026, under the ticker symbol “SPCX.”

Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, Barclays, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities acted as book-running managers for the offering. Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital (USA) Inc., Mirae Asset Securities, Mizuho, and Santander acted as co-managers.

The actual cash raised for the company is less than $85.7 billion, as the various financial institutions listed in the second paragraph above get a cut for managing the IPO, which is only 0.75%, the lowest percentage for an IPO since 2010. Thus, SpaceX raised more than $85 billion for its own use.

As I noted a few days ago, this nest egg of cash is only part of the company’s resources. It presently earns about $31 billion in revenue yearly from Starlink and its computer hardware divisions. That number is also certain to rise in the coming years.

Meanwhile, subsequent trading of the company’s stock on Wall Street remains brisk, with the price continuing to rise. It is presently trading at over $200 per share. Though this higher price doesn’t mean more money to SpaceX (as it only represents resales of the stock), it does tell us that the market considers the stock more valuable than its initial price. Thus, the predictions of many financial experts that the IPO was over-valued are so far turning out to be wrong.

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Two launches so far today, with a third only hours away

Since last night there were two launches globally, by China and SpaceX, with a third launch scheduled several hours hence by the rocket startup Isar Aerospace.

First, China’s launched eight classified “high-resolution optical remote sensing” satellites, its solid-fueled Kinetica-1 rocket (also called Lijian-1) lifting off from its Jiuquan spaceport in northwest China. Such satellites are almost certainly for military reconnaissance. China’s state-run press provided no other information, nor did it mention where the rocket’s lower stages crashed inside China. Kinetica-1 is also built by the pseudo-company CAS-Space, which happens to be wholly owned by a government agency.

Next, SpaceX launched 24 more Starlink satellites into orbit, its Falcon 9 rocket lifting off from Vandenberg Space Force Base in California. The first stage completed its 14th flight (45 days after its previous flight), landing on a drone ship in the Pacific.

Finally, a third launch is scheduled for 1 pm (Pacific) by the rocket startup Isar Aerospace. It will be making its second attempt from Norway’s Andoya spaceport to launch its Spectrum rocket, the first having failed seconds after launch in March 2025. I have embedded the live stream below, and will post a separate report after the launch. UPDATE: Scrubbed due to ground issues.

The leaders in the 2026 launch race (prior to Isar’s launch attempt):

71 SpaceX
37 China
8 Russia
8 Rocket Lab (plus two suborbital HASTE launches)

For the third straight year SpaceX leads the entire world combined in total launches, 71 to 64.
» Read more

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India won’t reveal the cause of its two PSLV rocket failures

India's space agency ISRO, as transparent as mud
India’s space agency ISRO,
as transparent as mud

Though one of India’s high government officials yesterday announced that its space agency ISRO had “resolved” the third stage issue that caused two consecutive failures of its PSLV rocket, that official also refused to provide any details.

Union Minister of State for Science and Technology Jitendra Singh on Saturday said that the anomaly in the Polar Satellite Launch Vehicle (PSLV) has been resolved. Dr. Singh said on the sidelines of the Research, Industry, Start-up and Entrepreneurship (RISE) Conclave 2026 in Bengaluru, that the national level expert committee constituted to review the reason for anomaly in PSLV Vehicle has submitted its report and the anomaly has been detected.

“The report has come out and the anomaly has been detected. However we cannot share that (reason for the anomaly) on a public platform. But experts are working on it, which has been resolved and very soon we will be back on the track,” Dr. Singh said replying to a query by The Hindu.

Note that after the first third stage failure in 2025, ISRO was also reticent about revealing the problem and how it fixed it. Then the third stage failed again at almost the exact same moment during the next launch in January 2026.

A month later this same official announced ISRO knew what the problem was and had fixed it — once again giving no details — and said the next launch was scheduled for June 2026. It is now June, and despite Singh’s promise no PSLV launch is being prepared.

This lack of transparancy speaks very badly for ISRO. It will make it extremely difficult for it to attract any commercial customers. In fact, that is basically what has happened. Before the Covid panic ISRO had a decent share of the commercial satellite market. Now, even with that satellite market growing in leaps and bounds, it has almost no commercial customers.

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SpaceX’s IPO sets the stage for the colonization of the solar system — by private enterprise

Elon Musk during the IPO
Elon Musk at the IPO opening.

While most news reports have focused trivially on Elon Musk’s status as the first trillionaire resulting from SpaceX’s successful initial public offering (IPO) last week, the real story of that IPO has to do with SpaceX itself and how that company’s extremely bright future is going to change human history.

Let me run some numbers.

The day’s earnings

First, the IPO was designed to raise capital for SpaceX by selling about 555 million shares of stock, with an opening price of $135. Once IPO opened however that price immediately jumped to $150, rising as high as $176 during the day, and by closing time settled at $160.95.

If we pick a conservative average sale price of $155 per share, this means SpaceX raised more than $86 billion in investment capital on this one day. The actual number will be less, because the brokerage houses that ran the IPO get a cut, but I would guess SpaceX will walk away with at least $75 billion once all accounts are settled.

To give this some context, NASA’s annual budget for the past two decades has been around $24 billion. NASA however cannot use that cash very efficiently, because it is required by Congress to have a huge unneeded labor force in many centers scattered around the country, to create jobs in specific congressional districts and states.

SpaceX doesn’t have that problem. For the company, this is real money. It can focus its use very precisely and efficiently for what needs to be done, and thus get a lot more bang out of the buck.

Annual earnings

SpaceX however is not limited to just the capital raised in the IPO.
» Read more

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Two launches today by Japan and SpaceX

The beat goes on! Even as SpaceX proceeds today with the largest initial public offering of stock ever, raising an expected $75 billion in cash for its long term plans, the global launch industry marched on with two launches today.

First, Japan’s space agency JAXA successfully launched its H3 rocket on a test flight following a launch failure in December 2025. The rocket lifted off from JAXA’s Tanegashima spaceport in southern Japan, using its simplest configuration, with no solid-fueled strap-on boosters. Though the rocket deployed some cubesats, its main payload was a dummy satellite to test the rocket’s deployment system, which caused the 2025 failure by not holding its satellite in place. On today’s launch, the deployment system worked as planned, which means JAXA can now resume operational launches with H3.

This was Japan’s first launch in 2026.

Next, SpaceX placed another 29 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Cape Canaveral Space Force Station in Florida. The first stage completed its 27th flight, landing on a drone ship in the Atlantic (58 days after its previous flight).

The leaders in the 2026 launch race:

70 SpaceX
36 China
8 Russia
8 Rocket Lab (plus two suborbital HASTE launches)

For the third straight year SpaceX leads the entire world combined in total launches, 70 to 63.

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Two orbital launches today by China and SpaceX, plus a suborbital hypersonic launch by Rocket Lab

The beat goes on! Since last night both China and SpaceX successfully completed orbital launches.

First, China used its most powerful operating rocket, the Long March 5, to place what its state-run press called “a new communication technology test satellite” into orbit, the rocket lifting off from its coastal Wenchang spaceport. As the Long March 5 can haul very large payloads into orbit, it suggests this one satellite is unusually heavy.

Next, SpaceX successfully placed another 24 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Vandenberg Space Force Base in California.

The first stage (B1071) successfully completed its 34th flight (38 days after its previous flight), landing on a drone ship in the Pacific. With this flight the stage moved past the space shuttle Atlantis, putting it in third place in the rankings for the most reused launch vehicle:

39 Discovery space shuttle
35 Falcon 9 booster B1067
34 Falcon 9 booster B1071
33 Atlantis space shuttle
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.

Though it was not an orbital launch and thus isn’t added to my launch totals, Rocket Lab also launched last night, using its HASTE suborbital version of its Electron rocket to do a suborbital hypersonic test for the War Department, as part of its $190 million contract to do twenty such test flights. This appears to be the first of those launches.

UPDATE: The HASTE launch appears to have actually been an orbital one, with a second stage and kick stage, both of which reached orbit. No information has been released on the status of the classified payload, which I suspect was a test hypersonic missile that was accelerated to orbital speeds by that second stage and kick stage, but then flew a guided high speed planned suborbital test flight. Since this launch did place objects in orbit, and appears to have been 100% successful as planned I am including it in my launch totals below.

The leaders in the 2026 launch race:

69 SpaceX
36 China
8 Russia
8 Rocket Lab (plus two suborbital HASTE launches)

For the third straight year SpaceX leads the entire world combined in total launches, 69 to 62.

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Another unsuccessful suborbital launch from proposed Nova Scotia spaceport

Proposed Canadian spaceports
Proposed Canadian spaceports

For the second time in less than seven months the Canadian startup company T-Minus unsuccessfully attempted a suborbital test launch from the proposed Spaceport Nova Scotia, owned and operated by the company Maritime Launch Services and funded mostly by a major $200 million lease by the Canadian government.

The launch was conducted from Spaceport Nova Scotia under approved regulatory and safety frameworks. The demonstration strengthened coordination among launch site teams and partners while refining launch operational procedures and the safety and security systems that govern all activities at the spaceport.

While two suborbital flights had been planned for today’s demonstration, the decision was made to conclude operations following the first flight in order to review mission data and incorporate lessons learned into future testing activities. The demonstration featured the launch of the Barracuda, a hypersonic, single-stage, solid-fuel suborbital vehicle capable of carrying payloads of up to 40 kilograms to altitudes of approximately 80 kilometres.

Full analysis of the flight data will continue over the coming weeks. However, initial data indicate that the vehicle operated nominally during the powered phase of flight before experiencing an anomaly late in the boost phase.

In other words, the first launch did not operate as expected, which forced the cancellation of the second launch. T-Minus had a similar result in its November 2025 test, making its record 2-for-2 in failures.

This launch was really designed as a PR event, not a space launch. Maritime invited numerous government officials and celebrities to watch, even as the leftist Carney government has tried to falsely sell its spaceport lease as a way to establish a sovereign launch capability for Canada.

Maritime itself has been trying to get this spaceport off the ground since 2016, with no success. Only in the last year it has come back to life due to that $200 million government lease. With that financing, Maritime has been able to sign up two different rocket startups to consider launching from Spaceport Nova Scotia, the German company Isar Aerospace and the South Korean company Innospace.

However, no orbital launches are presently scheduled, and it is likely none will occur before 2028. And when or if it happens, it will not be by a Canadian rocket company.

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Stoke Space successfully completes all tank tests for 1st stage of its Nova rocket

Stoke's Nova rocket
Stoke’s Nova rocket, designed to be
completely reusable.

The rocket startup Stoke Space announced earlier this week it has successfully completed all tank tests for 1st stage of its Nova rocket, thus increasing the odds that the rocket’s first launch will occur before the end of this year.

During this campaign, the team filled both tanks above their maximum expected pressure conditions, demonstrated automated pressure control across a range of fill levels, and operated the vehicle through challenging environmental conditions, including hurricane-force winds and a severe lightning storm. More than just a successful structural test campaign, the result was a broader demonstration that Nova’s hardware, software, ground systems, and operations approach are maturing together.

The company noted that it is not unusual for new rockets to experience explosions and other failures during this testing phase, thus making its complete success without a failure “a significant achievement.”

Stoke has consistently refused to set a launch date as it has been developing its rocket. It approach has been simply “We will launch when we are ready.” It has had this luxury in that it has successfully raised $1.34 billion in private investment capital, attracted to the company because of its rocket’s radical design that will allow both its first and second stages to be reusable. The first stage will land vertically, as does SpaceX’s Falcon 9.

The second stage uses a revolutionary nozzle design that makes its return possible. Instead of a single central nozzle, the engine has a ring of small nozzles on the outside edge of its heat shield. The stage will then return to Earth like a capsule, with those nozzles adding force to control and slow its descent.

The rocket itself has a smaller payload capacity than a Falcon 9, but its ability to be completely reusable means its second stage is far more capable. It can fly multiple times, thus lowering the launch costs for its customers. It can also provide an orbital manufacturing site, like a Varda capsule, which will attract a much larger customer base.

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Mitsubishi gets subsidy from Japan to develop its own orbital tug

The Japanese aerospace company Mitsubishi today announced that Japan’s Space Strategic Fund has awarded it a subsidy of an undisclosed amount to its develop its own orbital tug.

The goal is to develop an OTV [orbital transfer vehicle] that can respond flexibly to user needs, navigate between orbits, and load and release payloads in space without being limited to specific applications or transport routes. The company also aims to verify the feasibility of autonomous rendezvous, proximity operations and docking (RPOD) using physical AI and robotics for the safe and effective capture, handling and release of payloads in space.

The Space Strategic Fund was created by the Japanese government in 2023 as a ten year $6.6 billion program to encourage the growth of a private Japanese space sector, to essentially transition Japan from a government space program run and owned by its space agency JAXA to a independent and competing private sector, following the capitalism model.

That fund however was given to JAXA to manage, and so far it appears it has not moved aggressively to promote an independent sector. Inside, the awards it has given out so far have mostly been to either fund its own programs, or help its big space partners, such as Mitsubishi. This could change of course as privately-owned spacecraft begin garnering customers outside of JAXA. It is however taking a long time, and meanwhile Japan’s space industry continues to trail badly both China and India, and even South Korea. While these Asian companies are developing multiple rockets and spacecraft, Japan presently has no operational rockets, and its commercial space sector is barely alive.

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India takes first step to privatize its largest rocket, the LVM3 or Bahubali

LVM3 launching a set of OneWeb satellites in 2022
LVM3 about to launch a set of OneWeb satellites in 2022

IN-SPACe, the agency assigned the job for shifting India’s space effort away from its space agency ISRO and to the private sector, yesterday released an Expression of Interest (EOI), asking India’s private aerospace industry for bids to take over operations of ISRO’s LVM3 rocket (also called Bahubali), its most powerful rocket that ISRO plans to use for its future manned and interplanetary missions.

The invitation for EOI, released on Tuesday, invites eligible Indian private companies or industry consortia to acquire and operationalise LVM3 technology from ISRO. The LVM3, often referred to as ISRO’s ‘Baahubali’ rocket, is the agency’s heaviest operational launch vehicle and is behind key missions including Chandrayaan 2 and 3. The selected private entity will receive technology transfer and extensive support from ISRO to absorb the technology and begin manufacturing and launching LVM3 vehicles commercially.

The EOI invitation also lays down the eligibility criteria for the applicable private entities. ISRO’s handholding and infrastructure support is proposed for a defined period of 42 months or until the realisation and launch of two LVM3 vehicles by the selected entity, whichever comes earlier.

The eventual goal is for the private sector to market LVM3 for commercial purposes, outside of ISRO’s Gaganyaan and space station manned program. While ISRO will continue to operate the rocket to launch manned missions as well as the country’s proposed Bharatiya Antariksh Space Station (BAS), the private company that takes over LVM3 will sell it to the international market for profit. As this is a powerful rocket, it can compete directly with SpaceX’s Falcon 9, ULA’s Vulcan, Blue Origin’s New Glenn, and Arianespace’s Ariane-6.

IN-SPACe has already begun this process with ISRO’s smallsat SSLV rocket, transferring operations in June 2025 to Hindustan Aeronautics Limited (HAL). There are also indications it is trying to do the same with ISRO’s mid-sized PSLV rocket. If all three transfers go through, almost all of ISRO’s rockets will be operated by the private sector.

Don’t expect this transition to the private sector to happen quickly. As we have seen in the U.S., the shift away from a government-run space program to a chaotic free capitalist space industry can take many years, decades even. And its eventual success is never guaranteed, as government agencies fight hard to protect their turf, and they have the power of government coercion to back them up.

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