Probe: Richard Branson’s Virgin Galactic space flight ‘deviated’ September 2, 2021 US regulators have launched a probe into Sir Richard Branson’s flight to the edge of space after the Virgin Galactic SpaceShipTwo vehicle deviated on return to Earth. The billionaire businessman became the first owner-astronaut to take part in a mission when taking off in July, which he hailed as an “experience of a lifetime”. But [...]
Watch: Elon Musk’s satellites beam internet into Chilean boy’s life August 20, 2021 A school in the small remote fishing hamlet of Sotomo, Chile, is the beneficiary of a pilot internet program run by Starlink, a division of Elon Musk’s SpaceX. Watch the full report.
Space Race: Jeff Bezos sues Nasa over Elon Musk deal August 17, 2021 The space race is heating up as Jeff Bezos’ firm Blue Origin sues Nasa over its decision to award a lunar lander contract to Elon Musk’s SpaceX. Bezos has filed a lawsuit in federal court which challenges NASA’s decision to award a $2.9bn (£2.1bn) contract to SpaceX which will see the company build a spacecraft [...]
London-listed Seraphim injects $6.5bn into space tech in just six months – CityAM : CityAM August 12, 2021 Seraphim has injected $6.5bn into space tech in the past six months, 85 per cent of what it invested in the whole of last year. The total half-year figure spans 172 transactions, dwarfing the 221 the space investor secured in 2020’s full-year. The space tech sector experienced a record-breaking quarter in terms of financing in [...]
Inmarsat takes on Elon Musk and Oneweb with satellite network launch July 29, 2021 British satellite giant Inmarsat is launching a new network of satellites to offer global broadband and 5G services, joining an escalating space race alongside rivals Elon Musk and Oneweb. The project, dubbed Orchestra, will bring together the company’s existing geosynchronous satellites (Geo) with low-earth orbit satellites (Leo) and land-based 5G services to create a single [...]
Proof-of-stake gives us a real opportunity for change July 29, 2021 Pete Hill of Cudos - a sponsor of the Crypto AM 3rd birthday and summer unlocking party - explains why now is the time to embrace blockchain.
Elon Musk’s Twitter antics pushes Tesla’s $23m loss in Bitcoin assets July 27, 2021 Tesla’s lofty revenue, which surpassed analyst expectations today, has been offset by a $23m loss over Bitcoin which pushed the electric carmaker to dial back its investments. Elon Musk’s carmaker did not buy or sell any digital assets in its second quarter, as it dialled back investments after purchasing some $1.5bn in Bitcoin in the [...]
Bezos offers to cover $2bn of Nasa costs for lunar contract July 27, 2021 Amazon billionaire Jeff Bezos offered Nasa a $2bn (£1.45bn) discount if the space agency allows its company Blue Origin to build a spacecraft to land astronauts on the moon. Bezos said Blue Origin would waive payments up to $2bn in the current and next two fiscal years “to get the program back on track right [...]
Will Tesla change direction on Bitcoin again? July 26, 2021 City AM columnist Gavin S Brown looks west as all eyes are focused on Tesla to see if it gives Bitcoin the green light again.
Ofcom targets Musk’s SpaceX and Oneweb with satellite rule revamp July 26, 2021 Ofcom has outlined proposals for tighter rules on the satellite broadband sector in a move that would impact Elon Musk’s SpaceX and British rival Oneweb. Space X and Oneweb are racing to launch constellations of low-orbit satellites that will provide high-speed broadband services to remote rural locations worldwide. While the systems can bring faster speeds [...]