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After months of delays, NASA’s Artemis I mission rocketed to space from Kennedy Space Center at 1:47 a.m. EST on Nov. 16, 2022.
The maiden flight of the Space Launch System (SLS) carried the Orion spacecraft to orbit to begin its first journey around the Moon.
Read MoreThe kingdom of Bahrain is the smallest country in the Middle East, measuring only 294 square miles with a population of 1.7 million people. The small nation is an ambitious emerging playerin the space sector.
Read MoreSpace-related employment has been growing steadily over the past two years, but the declining financial market could finally be slowing the industry’s growth. U.S. Bureau of Labor Statistics (BLS) employment data and space job boards both hint at reduced hiring over the past few months. However, the latest BLS employment outlook shows that many space jobs have a higher-than-average growth projected over the next decade.
Read MoreCongressional gridlock delayed a 2023 spending plan for U.S. government space programs, which have made up about 12 percent of the global space economy in recent years. The delay stalled budget increases for NASA and the Pentagon topping $6 billion, but a stopgap measure keeps agencies operating at 2022 spending levels.
Read MoreThe macro environment and public equity market conditions remained highly volatile during the third quarter, a quarter that saw the bellwether S&P 500 equity market index decline by 5% with heavy losses in late August and through most of September. Against this less-than-favorable backdrop, satellite and space mergers and acquisitions(M&A) and equity financing activity remained in line with the previous quarter.
Read MoreNASA’s newest spacesuits, under a contract announced in September, will be rented by the agency much like tuxedos for a wedding or high-school prom night. Unlike suits in use since the Space Shuttle program, they’re designed to fit astronauts of any size, taking the agency back to the early days when all those headed to space got a custom suit.
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