Crash landing in sea: British space firm’s Iceland rocket launch ends in failure October 13, 2022 A British space company’s attempted rocket launch off the coast of Iceland ended in failure, with the projectile travelling just 500 metres before crashing into the sea. Rival to Elon Musk’s SpaceX firm, Skyrora held an unannounced launch of its Suborbital Skylark L rocket today, ahead of a full UK launch from next year. The [...]
We have lift off: UK and US pen landmark partnership to drive space growth May 13, 2022 Future spaceflight is set to be made easier and cheaper, following a landmark partnership with the US to help cut red tape and boost opportunities in the UK, signed by the Transport Secretary this week in Washington.
Lifting off from the Highlands: Scotland to be launchpad for Europe’s first-ever microlauncher rocket May 11, 2022 Europe’s very first microlauncher rocket will be launched in Scotland. Lifting off from Space Hub Sutherland, in the Highlands, the Prime orbital space rocket has been unveiled by Orbex, a spaceflight company. The firm will now press ahead with testing, allowing “dress rehearsals” of rocket launches and the development of launch procedures. Orbex recently revealed [...]
Satellite Vu teams up with SpaceX to launch thermal imaging satellite February 21, 2022 Satellite Vu has signed a launch deal with Elon Musk’s SpaceX to launch the world’s highest resolution thermal imaging satellite in early 2023.
Elon Musk named Time’s 2021 ‘Person of the Year’ December 13, 2021 Tesla boss Elon Musk has been named Time magazine's 2021 "Person of the Year" this afternoon.
Spacetech fund reports buoyant growth with assets hitting £221m November 19, 2021 Defined as the world's first listed fund focused on spacetech, Seraphim Space Investment Trust reported a 26 per cent growth in net assets to £221m in its quarterly results this morning.
Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]