[ad_1] Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned. Smith is retiring effective Dec. 4 and will remain with the…
Tag: The Edge
SpaceX countersues Justice Department, seeking to dismiss hiring discrimination case
[ad_1] SpaceX headquarters in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Elon Musk’s SpaceX sued the U.S. Department of Justice in a Texas federal court, as the…
Rocket Lab stock drops 25% after first launch failure in over two years
[ad_1] The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab Rocket Lab stock fell in premarket trading after the company…
SpaceX no longer taking losses to produce Starlink satellite antennas, a key step to improving profitability
[ad_1] A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX PARIS — Elon Musk’s SpaceX is no longer absorbing the cost of the…
SpaceX’s near monopoly on rocket launches is a ‘huge concern,’ Lazard banker warns
[ad_1] A Lazard investment banker sounded the alarm about the dominance of Elon Musk’s SpaceX in the rocket launch market. “Having such a dominant launch provider is probably not healthy…
U.S. export credit agency is working through $5 billion pipeline of space financing, vice chair says
[ad_1] A Falcon Heavy rocket launches the Viasat-3 “Americas” satellite on May 1, 2023. SpaceX PARIS – The U.S. export credit agency is working through a $5 billion pipeline of…
Telesat buys SpaceX launches for Lightspeed internet satellites
[ad_1] A rendering of Telesat’s low earth orbit broadband constellation. Telesat PARIS – Competitors or not, SpaceX continues to be willing to launch for other satellite internet companies. Elon Musk’s…
Bezos snubbed Musk’s SpaceX for huge satellite launch contract, Amazon shareholder says
[ad_1] Elon Musk, founder of SpaceX, left, and Amazon and Blue Origin founder Jeff Bezos. Getty Images An Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch…
Viasat reports second satellite malfunction in a matter of weeks
[ad_1] An artist’s rendering of an I6 satellite in orbit. Inmarsat A second Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently acquired U.K.-based Inmarsat,…