Tag: competition

ESA finalizes contract for privately built cubesat lander as part of its Ramses mission to Apophis

9:36 am

Apophis' path past the Earth in 2029
A cartoon (not to scale) showing Apophis’s
path in 2029.

The European Space Agency (ESA) yesterday announced it has issued the full contract with private startup EMXYS to build its Don Quijote cubesat lander for ESA’s Ramses mission to go to the potentially dangerous asteroid Apophis when it flies by the Earth in April 2029.

EMXYS, a Spanish company, previously built a gravity-measuring instrument for the cubesat Juventas, which is flying on ESA’S Hera mission presently on its way to the binary asteroid Didymos/Dimorphos.

Francesca Ingiosi, overseeing Ramses’ CubeSats, notes: “There won’t be time for sustained human oversight: Don Quijote is going to take itself down on a completely autonomous basis, relying on feature tracking to find a safe place to land. It will be running its gravimeter and magnetometer when it flies, but we have high expectations for its scientific work on the surface.

“It will come down quite slowly, but in the ultra-low gravity of Apophis some bouncing along the surface is possible. The CubeSat is therefore designed to operate from any orientation, although the precise nature of the surface remains a question mark: there is even a small possibility that Don Quijote sinks into the ground, which would not be good!

The launch window for Ramses is in the spring 2028, so the schedule to get this cubesat built is very tight.

Below is a list of the missions going to Apophis in 2029:
» Read more

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German rocket startup Isar wins another launch contract

9:03 am

Isar's first launch attempt fails
Spectrum falling seconds after its launch
in March 2025

Even though it has now spent six months repeatedly scrubbing the second launch attempt of its Spectrum rocket (the first was a failure), the German rocket startup Isar yesterday announced it has won another launch contract, this time from the German subsidiary of satellite imaging company Planet.

Under the agreement, Isar Aerospace will launch one of Planet’s next-generation high-resolution Pelican satellites, with additional satellites planned for future launches. The Pelican is scheduled to fly on Isar Aerospace’s Spectrum launch vehicle, currently scheduled as early as late 2026 from Isar Aerospace’s dedicated launch complex at Andøya Space. The Pelican will be assembled in Planet’s upcoming Berlin manufacturing facility. With both satellite and rocket being built in Germany, this launch will be a national first for the country, demonstrating rapid advancements in the nation’s sovereign space capabilities.

Isar already has contracts with the satellite repair companies Astroscale and D-Orbit, the satellite aggregators Exolaunch and SEOPS, the European Space Agency, and Norway.

As for the rocket itself, the launch is now tentatively scheduled for sometime in July. The company first attempted a launch in January, then in March, then in June. All were scrubbed due to technical issues.

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Katalyst’s Link rescue spacecraft launched successfully

8:41 am

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

Northrop Grumman’s Pegasus rocket this morning successfully launched the Link rescue spacecraft built by the startup Katalyst, aimed at rendezvousing and grabbing the Gehrels-Swift telescope and raising its orbit.

A mission to raise the altitude of NASA’s Neil Gehrels Swift Observatory is underway after launching at 8:36 p.m. Marshall Islands Time (4:36 a.m. EDT), Friday, July 3, from Kwajalein Atoll in the South Pacific Ocean.

LINK, a robotic servicing spacecraft built by Katalyst Space, launched into orbit on a Northrop Grumman Pegasus XL rocket, which was deployed by the company’s Stargazer, a modified L-1011 aircraft, at an altitude of about 40,000 feet.

The actual rescue won’t occur for several weeks, as the Katalyst team will spend several weeks checking out the spacecraft’s systems to make sure all is working as intended. Once this is assured, they will begin to slowly move towards Swift:

As it approaches, LINK will collect and send images of Swift to the ground, where teams at Katalyst and NASA will assess the planned grab points. This rendezvous and capture will be a slow and careful process that could take about a month.

Once its robotic arms are attached to Swift, LINK can begin to slowly push Swift upward. Over the course of a few months, LINK will attempt to return Swift close to its original launch altitude. Then, LINK will detach, leaving Swift in its new orbit.

The Gehrels-Swift team will then return the telescope to its operational status, following the same commissioning procedures used when the telescope was first placed in orbit in 2004.

As for the launch, this was Northrop Grumman’s second launch in 2026, and the last Pegasus launch ever. The air-launched rocket is now retired. It was created in the 1980s by the rocket startup Orbital Sciences with the intent to provide a low cost launch option. It launched a total of 46 times (with three failures in the early years), but in the past two decades it could not compete with SpaceX’s Falcon 9.

The leaders in the 2026 launch race:

79 SpaceX
42 China
10 Rocket Lab (plus two suborbital HASTE launches)
8 Russia

For the third straight year SpaceX leads the entire world combined in total launches, 79 to 74.

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Skyroot announces launch window for 1st launch of Vikram-1 rocket

8:01 am

Vikram-1 stacked on the launchpad
Vikram-1 stacked on the launchpad

India’s rocket startup Skyroot yesterday announced that its first Vikram-1 rocket is stacked on the launchpad and the company now has a launch window from July 12 through August 4, 2026.

It will attempt to reach a 450 kilometer orbit at a 60 degree inclination. The launch is mostly to test the rocket’s systems, including its guidance and navigation as well as its ability to complete a stage separation and ignition of its second stage. The company says it will also carry several small commercial payloads from both Indian and international customers, but it did not name them.

Few new rockets succeed on their first launch attempt, but it does happen. For India this launch and company are the equivalent of SpaceX in the U.S. in 2006. At that time NASA ran everything. The big space rocket companies (Boeing and Lockheed Martin) had no interest in innovation or competition, and in fact had formed a partnership holding a monopoly on all military launches, while acting almost like the rocket division for those government agencies.

In India now, its space agency ISRO runs everything, including building and flying the nation’s rockets. The Modi government has been trying to get the agency to transfer ownership and management of those rockets to private companies, but the results have been inconclusive. ISRO has transferred some operations and management to private companies for two of its rockets, but done so in a way that ownership and control still remains with the agency.

A success by Skyroot would for the first time create a real alternative to the government agency. But like SpaceX in 2006, the full transition to a private space industry will likely take an additional decade or more. But a success now would be a start.

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1776 – The 250th anniversary of the egg hatching

6:01 pm

An evening pause: Two hundred and fifty years ago today a small group of men gathered in Philadelphia to ratify a very radical document. They called it the Declaration of Independence, with its main purpose to declare to the world the reasons the thirteen North American British colonies wanted to break free from the rule of Great Britain. The job to write it had been given to a committee comprised of John Adams, Benjamin Franklin, Thomas Jefferson, Robert Livingston, and Roger Sherman, but in the end the committee dumped the job on Thomas Jefferson.

He produced a document that will be read for many generations into the future, long after the United States falls into dust, because it outlines the basic fundamentals of freedom, government, and human existence. The full text and some background information can be found here, but all you really need to know is this line:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Americans were declaring to the world that their nation would be built on the idea that its people would be free, and its government’s sole function would be to let them pursue happiness. Think about how simple and almost silly that idea is. And yet, 250 years later, it still rings true, and produces a nation more prosperous and joyous than any nation on Earth.

The song below, called “Hatching an Egg,” is from the 1976 musical 1776. I have posted it many times before, because it is not only a great song, but it is remarkably accurate. It captures the personalities of these Founding Fathers perfectly. We are a nation of freedom-loving eccentrics, founded by individuals as eccentric and as freedom-loving.

Enjoy! And celebrate our anniversary this weekend, as John Adams proclaimed, with “pomp and parade, with shews, games, sports, guns, bells, bonfires and illuminations from one end of this continent to the other.”

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Military contractor Anduril experiences engine explosion during static fire test

9:49 am

The military contractor Anduril, which builds a variety of space-based technologies mostly for the Pentagon, had a solid rocket motor explode during static fire test last week at its facility in Mississippi.

According to a statement by the company’s CEO, no one was hurt, and the company was assessing the damage and pinpointing the cause of the explosion.

A solid rocket motor exploded during a test fire at our factory in Mississippi. Most importantly, no one was hurt. The safety systems worked exactly as designed. The team responded exactly the way they’ve trained to, and damages to our test stand were minimal. By the end of the day everyone was already focused on understanding what went wrong and getting ready for the next test.

In 2023 Anduril had acquired the solid-fueled rocket motor company Adranos, and has since been developing these motors for missile use. The company has also partnered with Rocket Lab as part of that company’s 20-launch Pentagon deal for testing hypersonic technology with its HASTE suborbital version of its Election rocket.

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FAA eases supersonic flight restrictions over U.S., as per Trump order from 2025

9:36 am

In accordance with an executive order issued by President Trump in 2025, the Federal Aviation Administration (FAA) on June 30, 2026 announced new regulations on supersonic flights over the United States, easing the half-century-old restrictions that prevented such flights.

You can read the proposed regulations here [pdf]. It states the following:

As directed by [Trump’s Executive Order] 14304, FAA proposes to repeal the prohibition on civil supersonic flight in the U.S. contained in 14 CFR § 91.817 by revising the current regulatory text in § 91.817 to provide an interim noise-based operating certification standard. Further, the proposed revision would provide the conditions under which operators may engage in civil supersonic flight without the need for a special flight authorization (SFA) to exceed Mach 1, an operation-specific authorization that does not allow for civil supersonic flight outside of research and testing purposes in isolated test areas.

To enable supersonic flight operations in the U.S., this proposal would require (1) the aircraft be operated such that sonic boom overpressure at the surface does not exceed 0.11 pound per square foot (psf), (2) the Administrator finds that the operator has shown, through measurement, modeling, or other methods, that primary and secondary (direct and indirect) sonic boom overpressure at the surface does not exceed 0.11 psf during operations, and (3) the aircraft be operated in compliance with any conditions and limitations issued by the Administrator.

It is very likely this regulation was informed by the supersonic flight tests conducted by Boom Supersonic in 2025, where its plane broke the sound barrier three times during a flight with no significant sonic booms.

The FAA hopes to get this new regulation finalized by mid-2027.

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Three launches from SpaceX, ULA, and China

9:15 am

Since yesterday there have been three confirmed launches by SpaceX, ULA, and China, with a fourth by China not yet confirmed.

First, SpaceX launched 24 Starlink satellites, its Falcon 9 rocket lifting off from Vandenberg Space Force Base in California. The first stage (B1100) completed its 7th flight (37 days after its previous flight), landing on a drone ship in the Pacific.

Next, ULA placed 29 more Amazon Leo satellites into orbit, its Atlas-5 rocket lifting off from Cape Canaveral Space Force Station in Florida. This was ULA’S last Atlas-5 launch for Amazon, and its fifth launch in 2026. The rocket is being retired, and the remaining six Atlas-5s in stock are all presently reserved by Boeing for launching its Starliner capsule. Since that capsule has no present missions, it is very possible Boeing will sell these launches to Amazon, though this has not yet happened.

As for Amazon, these 29 satellites brings the total in orbit at this time to 396. According to its FCC license, it must place 3032 in orbit by July 30, 2029. Getting those satellite in orbit on time remains a challenge, as two of the rockets the company is relying on (ULA’s Vulcan and Blue Origin’s New Glenn) are grounded, and Arianespace’s Ariane-6 has a somewhat slow launch cadence. It also has a ten-launch contract with SpaceX’s Falcon 9, but that won’t be sufficient to meet its needs.

Finally, China today launched a new ocean observation satellites, its Long March 4B rocket lifting off from its Jiuquan spaceport in northwest China. China’s state-run press provided no information about where the rocket’s lower stages, which use very toxic hypergolic fuels, crashed.

China had another launch scheduled today, but as of posting no word of that launch has been released.

The leaders in the 2026 launch race:

79 SpaceX
42 China
10 Rocket Lab (plus two suborbital HASTE launches)
8 Russia

For the third straight year SpaceX leads the entire world combined in total launches, 79 to 73.

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Launch of Katalyst’s Swift rescue mission scrubbed

8:46 am

The launch early this morning of Katalyst’s Link rescue mission to raise the orbit of the Gehrels-Swift space telescope was scrubbed due to a “launch vehicle issue” with the Northrop Grumman Pegasus rocket.

After takeoff of the L-1011 aircraft carrying the Pegasus XL, a launch vehicle issue temporarily prevented teams from deploying the rocket. The date of the next launch attempt for this mission to boost NASA’s Neil Gehrels Swift Observatory will be determined after teams have reviewed data from today’s attempt.

NASA provided no further information. This is the last Pegasus rocket existing, as the company ceased its production several years ago, with its last launch in 2021. Overall it had only been launched five times in the past sixteen years, a cadence so slow it means launch crews now are likely inexperienced or very rusty.

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European rocket startup Latitude signs deal to launch from Oman’s Etlaq spaceport

9:38 am

Active and proposed Middle East spaceports
Active and proposed Middle East spaceports

The European rocket startup Latitude and the nation of Oman have now signed a letter of intent whereby Latitude will in late 2027 do the first experimental launch of a rocket from Oman’s Etlaq spaceport near the village of Duqm.

Under the agreement, Etlaq, Oman’s commercial spaceport operator, and Latitude, a French commercial launch service provider, will establish a framework for the first experimental launch of Latitude’s launch vehicle from Etlaq Spaceport. The launch is currently targeted for late 2027.

The two companies will also work together on developing the necessary ground infrastructure, operational planning and regulatory preparations required to support future launch operations.

The announcement was vague as to the nature of the rocket, making no mention of Latitude’s Zephyr rocket, suggesting that this first test launch would be not be orbital, but be a suborbital flight. At the same time, Latitude in January 2026 had said it would launch Zephyr for the first time in 2027, and that the launch would not be from French Guiana. Yesterday’s deal with Oman fits that early announcement.

Latitude is the third European rocket startup to sign a deal with Oman’s Duqm spaceport. PLD signed an agreement in 2025, and HyImpulse did the same one month ago.

Those earlier deals were only agreements to consider the idea. This new deal with Latitude seems more firm as to an actual launch. Note however that Oman announced an aggressive suborbital launch schedule of Middle Eastern rocket startups in 2025, none of which happened. We must therefore recognize that a strong element of blarney exists in all these announcements.

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Firefly now targeting a ’28 launch date from Sweden’s Esrange spaceport

9:20 am

Proposed or active spaceports in north Europe
Proposed or active spaceports in north Europe

Firefly yesterday announced a new agreement with SSC Space, the Swedish company that manages that country’s Esrange spaceport, outlining the final steps towards a 2028 launch from that location by Firefly’s Alpha rocket.

The companies are now taking the next step towards orbital launch from SSC Space’s Esrange Space Center and undergoing final construction of the pad at Launch Complex 3C with the first launch targeted for 2028.

Key infrastructure development to date includes completing the launch control center, payload processing facility, launch vehicle integration building, tracking and control systems, and security and storage facilities at Launch Complex 3C. Built to support Firefly’s Alpha rocket, the orbital launch complex will expand critical access to space from mainland Europe.

The announcement also noted the signing of agreements between Sweden and the U.S. government, streamlining the licensing process as well as simplifying the State Department’s strict ITAR regulations so that U.S. technology can be transported to Sweden.

This plan carries one major caveat. As you can see from the map to the right, except for a due south flight path, orbital launches from Esrange must cross over territories controlled by other nations. Norway’s government has already expressed opposition to such crossings. We have no word from Finland or Russia. And a due south path doesn’t work because the rocket’s lower stages would then crash within Sweden and the European mainland. Alpha’s first stages are not reusable, which means those crashes would be uncontrolled.

At this point it is not clear how Sweden and Firefly are going to resolve this issue.

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Blue Origin provides update on pad repair and New Glenn explosion investigation

8:51 am

New Glenn explosion
New Glenn exploding on May 28th.

The CEO of Blue Origin, David Limp, yesterday posted an update on the company’s effort to get its New Glenn rocket back flying after the May 28, 2026 launchpad explosion, promising once again that they will resume launches before the end of 2026.

Most of his update described the work the company is doing cleaning up and rebuilding the launchpad. For one thing, they are taking advantage of the explosion by going directly to an upgrade whereby they no longer stack New Glenn entirely horizontally. Instead, some stacking will be horizontal, and some vertical. This change is to simplify operations and make the pad compatible for the present New Glenn — with its configuration of seven first stage engines and two upper stage engines (7×2) — and the more powerful 9×4 version, with nine first stage engines and four upper stage engines.

As for the investigation into the explosion itself, Limp was much more vague:

We continue to actively investigate the cause of the anomaly. The vehicle is highly instrumented with extensive data from multiple camera angles and sensors, giving us confidence in our ability to identify and correct the root cause. Early analysis points to the aft section of the first stage.

There is no doubt they can get the launchpad ready before the end of the year. Finding the cause of the explosion and fixing it by December however remains less certain. Limp’s reticence could be simply the company’s desire to restrict access to proprietary information. Or it could be they haven’t yet pinned down the cause. If the latter, the December date becomes far more doubtful.

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The present state of NASA’s Artemis program

12:00 pm

Artemis logo

The aggressive effort by NASA administrator Jared Isaacman to rationalize and speed up the agency’s Artemis program to get back to the Moon and build a base there has resulted in a plethora of new missions, almost all of which are being built by the private sector.

Today Isaacman and his Moon Base program manager, Carlos García-Galán, held a press conference where they announced four more missions.

  • Astrobotic won a $297.9 million contract to build and fly two more of its smaller Peregrine lunar landers. This lander attempted a landing in 2024, but a fuel leak right after launch made that impossible.
  • Firefly won a $144.2 million contract to build and fly another Blue Ghost lander, the only commercial lander to successfully achieve a lunar soft landing, in 2025.
  • Intuitive Machines won a $148.3 million contract to build and fly another Nova-C lander. This lander attempted two landings, and in both cases it tipped over just after launch. The Nova-D design, under development, has a lower center of gravity, but for reasons not well explained by García-Galán NASA chose to go with the Nova-C design.

All are considered part of the first phase of the Artemis program and thus are targeting a launch by 2028.

In addition, NASA is considering using back-up equipment developed to build the Curiosity and Perseverance Mars rovers to create quickly and relatively inexpensively a lunar rover that they have dubbed “Promise.”

In order to make some sense of this program and these many misssions, I have created below a chronological list of confirmed missions, with their present status indicated (including uncertainties), as well as some unconfirmed missions based on my own speculations. All dates are tentative at this point, even if NASA has provided us a specific target date.

Several things to note as you review this list. While there are handful of missions going elsewhere, Isaacman is attempting to focus the program toward landing at the planned lunar base near the south pole, and to do so as fast as possible in the most effective way. The cargo missions and rovers are to get there ahead of the manned missions, in order to provide the astronauts supplies and surface transportation once they arrive. Those same missions will also do some preliminary scouting, and likely carry power and excavation equpiment needed to build the base.

It is also important to note that this plan is still in its very early stages of development. Many of the rockets and spacecraft and landers needed for these missions are not yet operational. Many have not yet demonstrated the capability to do what is requested. Thus, the program will certainly not follow the plan as presently outlined by the agency. Moreover, there will be failures along the way.

The program however is designed to accelerate development, to accept those failures within the program’s larger scope. If one mission fails, others are on the table to fly quickly to overcome the loss. And since the program is relying on the entire aerospace industry, the agency will have great redundancy from many companies.

I welcome comments and suggested changes or corrections. I fully intend to publish this list repeatedly over the coming years as the Artemis program evolves. And as the private sector begins flying its own missions to the Moon, independent of NASA, I intend to include those as well.
» Read more

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NASA’s IG: Boeing must foot the bill to get Starliner certified for manned flights

10:02 am

Starliner docked to ISS
Starliner docked to ISS.

The inspector general (IG) for NASA today released a new audit report [pdf] of the agency’s management of its manned commercial crew program, specifically looking at Boeing’s Starliner capsule and its failures. Though the IG made six recommendations, mostly about management procedures to better run the program, the first was the most important:

As the [Boeing] contract allows, defer payments, including partial or advanced payments, to Boeing for any Starliner-3 milestones until the human-rating certification of Starliner is complete.

In other words, the IG doesn’t want NASA to pay Boeing anything more. Boeing’s contract for Starliner was fixed price. It is Boeing’s responsibility to deliver the product, and until it does so NASA should lay out no more cash.

More significantly, NASA’s management immediately concurred with this recommendation.

This IG report now explains much of what happened in the past few months. » Read more

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Rocket Lab buys Iridium

3:39 pm

In a blockbuster deal today, Rocket Lab acquired the satellite company Iridium and all its satellite constellation assets.

Rocket Lab will acquire all the outstanding shares of Iridium common stock for $54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately $8.0 billion.

The acquisition … merges Rocket Lab’s leading launch capabilities and satellite manufacturing with Iridium’s global satellite communications network, spectrum, and 500-plus strong partner ecosystem to create a competitive, vertically-integrated space company that designs, builds, launches, and operates its own constellations, delivering critical communications capability to millions of users worldwide.

The transaction will give Rocket Lab an immediate foothold in space-based applications, including both proprietary and standards-based satellite Internet of Things (IoT) and direct-to-device (D2D), PNT (GPS-capability), and critical safety-of-life services, creating a formidable challenger in the global telecom market.

This deal continues Rocket Lab’s aggressive effort in the last few years to diversify its capabilities beyond simply launching rockets. It has successfully demonstrated its ability to build satellites and even interplanetary probes. This merger immediately gives the company the spectrum and communications constellation that already has 2.5 million subscribers, with the ability to enhance and expand that constellation using its launch and satellite capabilities. With the introduction of its larger Neutron rocket next year, Rocket Lab will be well positioned to compete directly with all the other communications constellations, and to do it at a lower cost.

The deal also strengthens the company’s vertical integration. As the press release notes, it “creates an end-to-end space company spanning launch, spacecraft, spectrum, and on-orbit communications services through a proprietary network. Expected to eliminate third-party launch costs for constellation deployment and replenishment and captures launch margin internally while guaranteeing orbital access as launch capacity tightens, ensuring continuity of service to customers.”

Not surprisingly, the value of Rocket Lab’s stock today has leaped upward, rising from a closing price on Friday of around $85 to over $100 today (late Monday).

The industry trend across the board now is vertical integration, begun by SpaceX. It just pays to have the rocket company own the satellite constellation. Such a partnership lowers cost, and gives the company great flexibility and control. Expect more satellite constellations to team up with other rocket companies, especially the startups like Stoke Space and Relativity that are building reusable rockets.

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SpaceX launches 24 more Starlink satellites

9:16 am

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

The first stage (B1088) completed its 17th flight (25 days after its previous flight), landing on a drone ship in the Pacific.

The leaders in the 2026 launch race:

77 SpaceX
41 China
10 Rocket Lab (plus two suborbital HASTE launches)
8 Russia

For the third straight year SpaceX leads the entire world combined in total launches, 77 to 71.

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Rocket Lab launches another radar satellite for Japanese company Synspective

10:55 am

Rocket Lab early today successfully completed its tenth 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:

76 SpaceX
41 China
10 Rocket Lab (plus two suborbital HASTE launches)
8 Russia

For the third straight year SpaceX leads the entire world combined in total launches, 76 to 71.

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SpaceX’s proposed cloud constellation of a million satellites named “Starmind”

8:54 am

Elon Musk has confirmed that SpaceX has named its proposed constellation of a million data computing satellites will be dubbed “Starmind”, following its pattern in recent years of naming every new project in a similar manner.

After Starship, Musk has named every project a variation thereof. We have had Starlink, Starshield, Starbase, Starfactory, Starfall, and now Starmind. It is also building natural gas pipeline to supply methane to Boca Chica that it has dubbed Starpipe.

The company hopes to launch the first Starmind satellites on Starship early in 2027.

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Firefly buys the AI navigation technology used on its Blue Ghost lunar landing

8:45 am

Blue Ghost's shadow on the Moon, with the Earth in the background
Blue Ghost’s shadow on the Moon, with the Earth in the background,
after its 2025 touchdown.

Firefly has now acquired Space-ng, the company that makes the AI navigation technology and software that Firefly used on its successful Blue Ghost lunar landing in 2025.

Space-ng’s vision navigation software was utilized during Firefly’s historic Blue Ghost Mission 1 to determine position and attitude, detect hazardous lunar terrain, and autonomously redirect Blue Ghost in real-time, enabling a safe, precise touchdown within the Moon’s Mare Crisium.

…In addition to vision navigation software, Space-ng brings high-resolution spacecraft cameras and AI compute hardware to enable advanced space domain awareness, onboard optical navigation, rendezvous and proximity operations, and docking without requiring GPS or GNSS. Firefly plans to integrate Space-ng’s technologies across its fleet of lunar landers and orbital vehicles to support its growing mission manifest, including three additional lunar missions under NASA’s Commercial Lunar Payload Services initiative, another lunar mission supporting NASA MoonFall, and a space domain awareness mission for the Defense Innovation Unit.

Of all the recent attempts by commercial companies to land on the Moon, Firefly is the only one to have a complete success. While Space-ng’s technology worked perfectly to guide Blue Ghost to a safe touch down, the guidance technology used by Intuitive Machines (twice), Ispace (twice), Beresheet, and the first Vikram lander for India all failed close to landing. No wonder Firefly decided to buy it.

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Musk’s employee stock options made them millions; Bezos’s employee options were worthless

8:31 am

According to a very intriguing article at Business Insider today, the stock options offered to employees at SpaceX and Blue Origin were starkly different, with SpaceX’s options making millions for its workers while Blue Origin’s were essentially worthless.

Three ex-employees of Jeff Bezos’ rocket maker Blue Origin told Business Insider that the company’s unusual approach to equity left them with stock options that are essentially worthless.

Meanwhile, they’ve watched SpaceX’s dizzying rise to a $2 trillion-plus valuation provide a massive windfall for early hires — from engineers to welders to cafeteria workers — who received stock options during their time at Elon Musk’s company.

Blue Origin’s options were written so that they only could be cashed in if the company went public within ten years. As Bezos has shown zero interest in going public — which would take away his full ownership and control of the company — those options have been steadily expiring as they reach their ten year due date.

At SpaceX however the employee stock options could always be cashed in, even before the company went public. Employees, both current and former, were allowed to sell their stock back to SpaceX or to its investors in private liquidity events that usually occurred twice each year. After the IPO they could now sell the stock on the open market, at the going rate.

The difference is possibly one additional reason the accomplishments of the two companies have been so starkly dissimilar/ SpaceX made sure its employees got a pay off for the long hours it demanded. Blue Origin did not.

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