space industry

Masten files for bankruptcy after the moon contract struggle with NASA

Moon-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection Thursday, with the project disqualifying a handful of people after layoffs and furloughs. The space company announced ballooning debt, going back to a NASA contract awarded to Masten two years ago. The NASA deal was seen as a big win for small businesses, as …

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Space economy grew to $469 billion in 2021, fastest rate in years: report

People from Canaveral National Seashore watch the launch of a SpaceX Falcon 9 rocket from platform 39A at the Kennedy Space Center in Cape Canaveral, Florida, Feb. 3, 2022. The rocket carries 49 Starlink broadband internet satellites. Paul Hennessy | SOPA photos | Light Rocket | Getty Images The global space economy grew last year …

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SpaceX launched 4 NASA astronauts after a private flight

CAPE CANAVERAL, Florida – SpaceX launched four astronauts to NASA’s International Space Station on Wednesday, less than two days after completing a multimillionaire chartered flight. It is the first NASA crew to be composed equally of men and women, including the first black woman to undertake a long-haul space flight, Jessica Watkins. “I think this …

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SpaceX Elon Musk launches NASA Crew-4 astronaut mission

A SpaceX Falcon 9 rocket carrying the company’s Crew Dragon spacecraft launched the Crew-4 mission from NASA’s Kennedy Space Center in Florida on April 27, 2022. Aubrey Geminiani | NASA SpaceX launched a batch of NASA astronauts early Wednesday morning, with Elon Musk’s company now sending 26 people into orbit in less than two years. …

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