Los Angeles-based Gitai said Tuesday that its autonomous robotic arm has nailed a tech demonstration outside the International Space Station. Gitai CEO Sho Nakanose told TechCrunch in an interview last year that the company aims to reduce in-space labor costs by 100 times, in the same way that SpaceX and other providers have dramatically reduced … Read more
Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s proposal submitted last week values Terran … Read more
Orbital operations company Astroscale has revealed new details about its approach to refueling satellites in space, as part of a $25.5 million project exploring the concept with the Space Force. Their solution is a bit like a AAA truck traveling at 25,000 MPH. The concept of on-orbit servicing and repair is attractive to anyone who … Read more
Terran Orbital has updated its anticipated financial results for the years-end after the company received a long-awaited payment from its largest customer, Rivada Space Networks. The news, announced today, confirms earlier reports from TechCrunch that Terran CEO Marc Bell was expecting at least some payment from Rivada before the close of the year. Rivada, a … Read more
Terran Orbital CEO Marc Bell told employees Monday the company is not looking for a buyer in an effort to quash a report that it was seeking bids by the end of the month, according to sources who spoke to TechCrunch. Bell’s comments came during an all-hands meeting with staff, following a Wall Street Journal article … Read more
The U.S. Air Power denied a current request from Varda House Industries to land its capsule at a Utah coaching space, pushing again the startup’s plans to indicate off the fruits of its in-space manufacturing, TechCrunch has realized. The corporate can also be nonetheless awaiting a reentry license from the U.S. Federal Aviation Administration, a … Read more