CNBC reports that investment in the space sector “bounced back last year, rebounding closer to the record high of 2021, according to a report Tuesday by New York-based Space Capital.” The firm’s fourth-quarter report “found that space infrastructure companies brought in $2.6 billion of private investment during the period. That brought the sector to $12.5 billion in total investment for 2023, well above last year’s $9.3 billion raised but still below the $15.3 billion brought in during 2021.” Top raises during the “fourth quarter included funds announced by space companies Firefly Aerospace, Ursa Major, D-Orbit, Stoke Space and True Anomaly.” Anderson told the outlet “we expect to see even more” merger and acquisition activity in 2024.
Full Story (CNBC)
Tag: asronautics
DoD Innovation Unit to Study Firefly Vehicle for Missions Beyond Earth Orbit
Space News reports, “The Defense Innovation Unit announced March 21 it has signed an agreement with Firefly Aerospace to study the potential use of the company’s Elytra orbital vehicle for missions beyond geosynchronous Earth orbit.” According to the article, once the study contract is complete, as many as two demonstration flights could occur, “in the region between GEO orbit and the moon, known as cislunar space.”
Full Story (Space News)
Firefly Ready to Test Launch USSF On-Demand Service
Aviation Week reports that sometime in the next six months, Boeing’s Millennium Space Systems and startup Firefly Aerospace “will receive a call from the U.S. Space Force to integrate and launch a satellite in 24 hr.” Until then, the companies “will stand at the ready for the military’s Victus Nox mission.”
Full Story (Aviation Week)
SpaceX Hoping Steel Plates Prevent Launchpad Explosion
Bloomberg reports that before SpaceX “can try again to send its massive Starship rocket into orbit, the company needs to repair and renovate its badly damaged launch site in southern Texas.” It is unknown if the design choices will be enough to prevent future damage to the launch site after the April 20 liftoff damaged the launchpad’s structure and sent “chunks of sand, concrete and steel thousands of feet into the sky and setting fire to a nearby park.”
Full Story (Bloomberg – subscription publication)
Slingshot 1 Provides Aerospace Corp with Demonstration of Satellite Integration
Space News reports that through the Slingshot 1 mission, the Aerospace Corp. “has demonstrated how open standards and nonproprietary interfaces can help streamline satellite integration and operation.” Aerospace Slingshot Payload Operator David Hinkley said that after more than a year of on-orbit operations, Slingshot “has been a huge success.” The 19 Slingshot payloads “were developed independently and integrated in a couple of weeks prior to launch in July 2022 of the 12-unit cubesat on a Virgin Orbit LauncherOne rocket.” Speedy integration “was possible thanks to Handle, a modular plug-and-play interface that allows payloads to draw power from the satellite bus and to communicate with the satellite and other payloads.”
Full Story (Space News)
Vertical Aerospace’s Air Taxi Prototype Appears to Have Crashed
Aerospace America reports that a remotely piloted air taxi prototype “appears to have crashed during testing at the company’s Flight Test Centre at Cotswold Airport, based on photos posted online by local journalists.” Vertical Aerospace confirmed that its VX4 all-electric “experimental prototype” was involved in an “incident” at the test center, and said “there were no injuries.” The statement “was made in a note filed today to the U.S. Securities and Exchange Commission (SEC).” Vertical is “required to reveal ‘results of operations’ and other significant developments to SEC because its shares are traded on the New York Stock Exchange.” The company told the SEC, “Our flight test programme is designed to establish the limits of the aircraft’s performance, and the incident occurred during an uncrewed test of the aircraft’s maneuverability during a motor failure test scenario, which is a key requirement to progress to crewed operations.”
Full Story (Aerospace America)
NRO Contracts Firefly, Xtenti for Responsive Space Mission
Aviation Week reports Firefly Aerospace is “parlaying technology” developed for its “Alpha launch vehicle and Blue Ghost lunar lander with expertise acquired through its purchase of Spaceflight into a new business line focused on in-space services, with the National Reconnaissance Office.” Space News reports that on Tuesday, NRO “announced a contract with Firefly Aerospace and Xtenti for a responsive space mission.” The NRO mission is “scheduled to launch on a Firefly Alpha launch vehicle in 2024,” and will “demonstrate multiple on-orbit deployments with Firefly’s Elytra orbital vehicle and Xtenti’s Fantm-Ride small satellite dispenser.” Elytra will “deploy commercial rideshare payloads with Fantm-Ride, before performing an on-orbit maneuver.” After the maneuver, Elytra “will remain in orbit on standby, prepared to deploy U.S. government payloads on-demand.”
Full Story (Aviation Week); More Info (Space News)
Firefly Aerospace Launches its First Rocket into Orbit
Bloomberg reported Firefly Aerospace Inc. has “launched its first rocket into orbit, advancing the private space startup’s bid to become a reliable partner for NASA.” Firefly’s Alpha rocket “took off from Vandenberg Space Force Base in California early Saturday and successfully put three small payloads into Earth orbit, including one for the US space agency. A previous launch attempt failed in September 2021 when the debut Alpha rocket veered off course and had to be exploded shortly after takeoff.” Saturday’s launch “follows years of engineering work, litigation and financial struggles for Cedar Park, Texas-based Firefly, one of several companies NASA selected to deliver science payloads to the moon as part of the agency’s Commercial Lunar Payload Services (CLPS) program.”
Full Story (Bloomberg)
Firefly Aerospace’s Blue Ghost Lander Now in Lunar Orbit
Spaceflight Now reports, “A robotic lander from Texas-based Firefly Aerospace is now in orbit around the Moon and going through its final preparations to land in the coming weeks. On Thursday, the company announced that its Blue Ghost lander fired its main engine and thrusters for four minutes and 15 seconds in a maneuver called the Lunar Orbit Insertion, which put it in an elliptical orbit around the Moon.”
Full Story (Spaceflight Now)
Firefly Becomes First Commercial Company to Make a Successful Lunar Landing
Ars Technica reports, “Firefly Aerospace became the first commercial company to make a picture-perfect landing on the Moon early Sunday, touching down on an ancient basaltic plain, named Mare Crisium, to fulfill a $101 million contract with NASA. The lunar lander, called Blue Ghost, settled onto the Moon’s surface at 2:34 am CST (3:34 am EST; 08:34 UTC). A few dozen engineers in Firefly’s mission control room monitored real-time data streaming down from a quarter-million miles away.”
Full Story (Ars Technica)
Firefly Alpha Selected to Launch Earth Science SmallSat Mission for NASA
Space News reports, “NASA selected Firefly Aerospace to launch a trio of Earth science smallsats that will study the formation of storms. The agency said March 4 that it awarded a task order through its Venture-Class Acquisition of Dedicated and Rideshare (VADR) contract to Firefly to launch the three-satellite Investigation of Convective Updrafts (INCUS) mission. NASA did not disclose the value of the task order, a practice it has followed on other VADR awards. The INCUS satellites will launch on a Firefly Alpha rocket from Wallops Flight Facility in Virginia.”
Full Story (Space News)