Internal pre-Starlink SpaceX financials show big spending on moonshot bets

Confidential financial statements from SpaceX for 2018 and 2019 capture an early glimpse at the degree to which the company is likely dependent on its Starlink business unit, and bringing the Starship rocket online, to become cash flow positive.  While the comprehensive balance sheets are five years old, they provide an intimate look inside the […]

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Astranis unveils Omega ‘MicroGEO’ satellites for beaming dedicated broadband down from high orbit

Astranis has taken the wraps off a new generation of communications satellites that will serve broadband to customers on Earth from geostationary orbit, but faster and smaller than any comsat up there. They believe the future of orbital communications is not just in higher orbits, but in the possibility of customers — government and commercial […]

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True Anomaly CEO finds the silver lining in the startup’s anomalous first mission

True Anomaly‘s first mission didn’t go as planned by any stretch of the imagination, but the space and defense startup’s CEO, Even Rogers, said he doesn’t consider it a failure. Providing new details on what went right and wrong, he explained how they’re turning this anomaly into a “success story.” Though the company has yet […]

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TechCrunch Space: Happy eclipse day!

Hello and welcome back to TechCrunch Space. Happy Eclipse Day for everyone celebrating! I’m fortunate to be living in a part of the country that’s in the path of totality, so I’ll be away from my desk for much of today, soaking it all in. Want to reach out with a tip? Email Aria at […]

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Varda Space’s orbital drug factory success fuels $90M in new funding

Varda Space Industries has closed a massive tranche of funding just weeks after its first drug manufacturing capsule returned from orbit. The company’s $90 million Series B round marks an inflection point for the company, which is now gearing up to scale from the initial demonstration mission to a regular set of missions carrying customer […]

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NASA picks 3 teams to design the next generation of moon buggy

NASA has given three space companies the chance to design the next generation moon buggy — but only one design will go to space. Intuitive Machines, Lunar Outpost, and Venturi Astrolab are developing rugged vehicles intended for astronauts to drive around on the lunar surface, from which NASA may choose as early as next year. […]

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Agile Space Industries fires up Animas test stand to meet soaring demand

Despite the space industry’s incredible growth over the past ten years, there are still few places in the United States dedicated to testing rocket and spacecraft engines. This isn’t a problem for large companies like SpaceX and Blue Origin, which can afford to build their own; but almost everyone else is stuck with long wait […]

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