satellite

Sidus Space Inc. (NASDAQ:SIDU) shares are diving on Tuesday. The company announced the successful deployment of its payload to low Earth orbit as part of SpaceX’s Transporter-10 Rideshare mission.  The launch occurred at 2:05 p.m. PDT from Space Launch Complex 4 East at...

In a surprising career shift, former Disney Channel star Bridgit Mendler has ventured into the space industry by launching her satellite startup, Northwood Space. The company aims to revolutionize the way satellite data is transmitted to Earth. What Happened: Mendler, known for her roles in popular...

A U.S. intelligence report suggests that Russia is more likely developing a nuclear-powered device to disrupt satellite electronics rather than a nuclear warhead to shoot them down. What Happened: This intelligence came to the fore after Rep. Mike Turner (R-Ohio), chair of the U.S. House of...

The European Union has announced plans to develop a multi-billion euro satellite system to counter the dominance of Elon Musk‘s Starlink. This move is partly in response to Starlink’s refusal to provide services to the Ukrainian military during the 2022 conflict with Russia. Why It...

North Korea's recent satellite launch, which has raised international concerns, was closely inspected by the nation's leader, Kim Jong Un. What Happened: The satellite, purported to be used for spying, captured detailed images of strategic locations in South Korea and beyond, according...

Ligado Networks filed a lawsuit against the U.S. government, alleging that the Departments of Defense and Commerce obstructed its business plans with a calculated disinformation campaign.  The long-struggling satellite company seeks compensation of up to $39 billion for the...

In a significant stride towards establishing a global space internet system, Amazon.com Inc. (NASDAQ: AMZN) has successfully launched its inaugural satellites for Project Kuiper.  The launch occurred at 2:06 p.m. local time Friday from Florida, the tech titan said in a blog...

Starlink is falling short of promises made to investors eight years ago — by about $10.6 billion in annual revenue. The satellite internet division of spacecraft manufacturer SpaceX is operating in a world that is more complex than what founder Elon Musk might have envisioned almost a decade ago....

A hacker group known as Anonymous Sudan has reportedly set its sights on Elon Musk‘s X, formerly Twitter, to pressurize the tech billionaire into introducing his Starlink satellite internet service to the war-torn nation.  What Happened: Earlier this week, Anonymous Sudan, a hacktivist group...

Although it might appear paradoxical for the U.S. government to encourage hackers to focus on its satellites, that's precisely the case at the "Hack-A-Sat" event that is currently taking place.  Initiated by the U.S. Space Force and Air Force, the "Hack-A-Sat...

By Hernan Panessi via El Planteo.  This is one of those stories that seems like science fiction. No, it can't be, it shouldn't be like that. But yes, it is. And it gets better: an Argentine project cooked up within a technical high school reached the major aerospace leagues. On January...

Retail investors love a good story for stocks, as well as love the opportunity to get into some potential growth stories on the ground floor. SPACs were one of the hottest stories in 2020 and 2021 but have fallen out of favor with many companies trading well below the $10 price after mergers...

Space company SpaceX has been at the forefront of rocket launches over the past several years, vaulting the company and the space industry to new heights. Earlier this year, NASA highlighted an ambitious launch schedule from SpaceX. The guidance may have been conservative. What Happened: SpaceX set...

SpaceX’s reusable Falcon 9 rocket launched Wednesday as a reconnaissance satellite for the U.S. government. SpaceX is owned by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: The Falcon 9 launched the NROL-87 mission from Space Launch Complex-4E, located at Vandenberg...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 24.2%. But there is no question some big-name stocks performed better than others along the way. Globalstar’s...