Aerospace

Germany's Space Ambitions Hit a Snag as Europe Eyes Alternatives to SpaceX

16 hours ago

Germany's burgeoning space industry faced a significant blow recently as a key rocket launch encountered substantial setbacks. With Europe keenly searching for reliable alternatives to SpaceX's dominance in the satellite launch market, this development comes at a crucial moment for the continent's aspirations in space exploration.

Temasek Considers Selling Testing Firm Element Materials Amid Growing Market Dynamics

22 hours ago

In a strategic move that signals shifting priorities within its portfolio, Temasek Holdings, the Singapore-based investment firm, is reportedly evaluating the sale of Element Materials Technology, a leading testing and inspection provider. This consideration comes as the firm aims to recalibrate its investments against a backdrop of evolving market conditions and potential opportunities in other sectors.

Airbus Secures $150 Million Contract to Land European Rover on Mars

1 day ago

In a significant advancement for European space exploration, Airbus has been awarded a lucrative $150 million contract to facilitate the landing of the European rover on the surface of Mars. This monumental contract was announced late Friday, promising to propel the European Space Agency's (ESA) ambitions for interplanetary exploration further into reality.

Airbus CEO Discusses Innovative Strategies for Cleaner Emissions, Tariffs, and Space Defense

6 days ago

In a recent interview, the CEO of Airbus shed light on the aerospace giant's ambitious plans to address pressing global issues, such as aviation emissions and the evolving landscape of tariffs and space defense. The conversation highlighted Airbus's commitment to sustainability while navigating a complex geopolitical environment.

Planet Labs Sees Surge in Backlog Amid Rising Defense Spending

9 days ago

In a recent financial update, Planet Labs PBC, a prominent satellite imagery and data firm, reported a remarkable increase in its backlog, more than doubling its previous figures as defense spending continues to escalate. The company has emphasized its commitment to providing cutting-edge information through its innovative technology, catering to both government and commercial sectors.

Skydio Aims to Regain Control of U.S. Airspace from Chinese Drone Influence

13 days ago

In a bold move to reclaim U.S. airspace integrity, the American drone manufacturer Skydio is setting its sights on taking a stand against the growing dominance of Chinese drone technology. This initiative comes in light of increasing national security concerns regarding the reliance on foreign-made drones for various critical operations.

SpaceX Successfully Launches NASA Crew Amidst Return Mission Challenges

15 days ago

In a remarkable demonstration of modern aerospace technology, SpaceX has successfully launched a NASA crew into orbit, just as the agency grapples with a complicated situation regarding the return of an earlier crew. The mission, which took place from Cape Canaveral, Florida, marks another significant feat for the private spaceflight company that has become integral to American space missions.

Europe Urged to Enhance Space Launch Capabilities Amid Rising US Dependence

17 days ago

In a clear signal of the shifting dynamics in the global space industry, European officials are expressing the urgent need for Europe to bolster its space launch capabilities. As reliance on US space services continues to grow, there are increasing calls for the continent to enhance its independent space infrastructure and ensure it remains competitive on the world stage.

Leonardo Shifts Banking Partnership from BofA to Deutsche Bank for European Space Ventures

22 days ago

In a significant move that marks a strategic shift in its financial strategy, Italian aerospace and defense giant Leonardo has reportedly ended its long-standing partnership with Bank of America (BofA). The company is now set to collaborate with Deutsche Bank as it focuses on expanding its footprint within the competitive realm of European space initiatives. This pivot highlights Leonardo’s commitment to securing robust financial support for its ambitious space programs.

Europe Marks a New Era with Successful Launch of Ariane 6 Rocket Amidst Rising Defense Demands

24 days ago

In a significant milestone for the European aerospace industry, the Ariane 6 rocket has officially lifted off from the Guiana Space Centre in French Guiana, signaling a pivotal advancement in both space exploration and the continent's growing defense capabilities. The launch, which occurred on March 6, 2025, comes at a time when the defense sector is experiencing heightened scrutiny and demands, particularly in the wake of recent geopolitical developments.