While both the president and vice president plan to attend the Demo-2 commercial crew launch, there will be far fewer people attending the first American human orbital spaceflight in nearly a decade than once expected.
Isotropic Systems won two defense contracts in two months, an important sign the satellite terminal developer is diversifying its customer base, said John Finney, Isotropic founder and CEO.
NASA’s Michoud Assembly Facility in New Orleans will partially reopen May 18, allowing some mission-critical personnel to resume working there for the first time in two months.
Will Roper: “As we see the Chapter 11’s being filed we are tracking them."
Maritime activity around Italy is beginning to pick up as the government begins easing restrictions imposed in early March to stem the spread of COVID-19.
One way to help the industry is for the government to communicate what problems it needs solved and commit funding for the right solutions.
Lt. Gen. Thompson: DoD plans to work with Congress to help space companies that face bankruptcy.
Richard Branson, the founder and largest shareholder of suborbital spaceflight company Virgin Galactic, will sell more than a fifth of Virgin Group’s majority stake in the company to raise funds to aid its other companies affected by the pandemic.
Rocket Lab CEO Peter Beck: "The market needs to grow a lot to sustain more than two companies."
A group with more than 150 government and industry officials will recommend greater investments in space technology and education.
Virgin Galactic executives said May 5 that the suborbital spaceflight company has taken measures to resume regular operations during the coronavirus pandemic, but said they didn’t yet know its overall impact on the business.
Treasury is said to be concerned that changing the rule for venture-owned startups would subvert the intent of the relief loan program.