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Rocket Lab revenue was up 12% in the second quarter of 2023, above the midpoint of the launcher’s prior guidance.   Rocket Lab released its second quarter 2023 financial results on Tuesday, reporting $62 million in revenue. The results came out a day before Rocket Lab announced a new, five-launch contract with customer BlackSky.  During the...

Eutelsat Communications has signed a number of new contracts in Brazil, one of the biggest markets in Latin America. AVS, a Brazilian service provider and integrator in the public and private sectors, has signed multiple contracts for capacity on Eutelsat’s 65 West A satellite. Eutelsat announced the deal, Aug. 7. This partnership will allow AVS...

The Ariane 6 rocket officially won’t launch until 2024. The European Space Agency (ESA) gave an update to the Ariane 6 development on Tuesday, formally announcing a launch period for the inaugural flight is projected for 2024. Previous ESA updates indicated a very tight timeline to make a 2023 debut.  ESA said a July 18...

Lockheed Martin is opening a new smallsat processing facility in Colorado to support the company’s Space Development Agency (SDA) contract and capitalize on other smallsat opportunities. Lockheed announced the new 20,000-square-foot low bay clean room on Monday.  The Tranche 1 Transport Layer (T1TL) satellites will be the first anchor customer for the facility, Chris Winslett,...

Benchmark Space Systems is expanding its headquarters to ramp up production on propulsion systems, the company announced Tuesday, along with a new autopilot on-board processing feature for customer satellites.  The propulsion company recently closed a $33 million Series B round, and is investing in a new, 40,000-square foot facility to increase its manufacturing capacity by...

Eutelsat has a new agreement with a Thaicom subsidiary to lease half the capacity on a new software-defined satellite over Asia to increase its service over the continent. The deal announced Monday is between Eutelsat’s subsidiary Eutelsat Asia and Space Tech Innovation Limited (STI). Eutelsat is committed to lease and operate the service for half...

The U.S. government lifted certain restrictions on commercial remote sensing satellite companies on Monday. The changes came from NOAA’s Commercial Remote Sensing Regulatory Affairs (CRSRA) office, which is a division of the Office of Space Commerce.  CRSA said restrictions in place kept companies from offering their full capabilities to the public. In 2020, CRSA changed...

The Japanese government has selected Warpspace for a small business innovation research (SBIR) project to develop interoperable optical communication modems and routers. Japan’s SBIR program supports R&D and commercializing small businesses and startups to accelerate innovation in the country.  Warpspace said in an Aug. 6 announcement that it will develop optical communication modems and routers...

Less than a week after she announced her departure from Mynaric, Tina Ghataore has a new role in the satellite industry. Ghataore has been appointed as the new group chief strategy and revenue officer of Aerospacelab, as well as the CEO of Aerospace’s new North American branch. Aerospacelab announced the appointment Aug. 7. The company,...

Firefly Aerospace has named former Blue Origin executive Bretton Alexander as chief revenue officer (CRO) to lead business development planning to drive revenue growth. Alexander will oversee all sales and customer relationships across the company’s launch, lunar, and on-orbit services.  Alexander was with Blue Origin for nearly 12 years and served as both vice president...