Bloomberg
• Loren Grush, Sana Pashankar
Virgin Galactic has pushed the first full-power flight and initial commercial service of its Delta-class spaceplane to February 2027, while raising prices for future suborbital flights. The company says $750,000 expeditions are selling out early as it works to reduce cash burn and prepare the new vehicle.
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The U.S. Space Force awarded Impulse Space a $28 million SBIR Phase III contract extension for VICTUS SALO 2 and 3. The two missions will expand demonstrations of tactically responsive space operations, in-space maneuvering and space-domain awareness for military operators.
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Virgin Galactic has pushed the first full-power flight and initial commercial service of its Delta-class spaceplane to February 2027, while raising prices for future suborbital flights. The company says $750,000 expeditions are selling out early as it works to reduce cash burn and prepare the new vehicle.
AST SpaceMobile says it expects to expand its low Earth orbit constellation from 13 to 45 satellites by early next year, supporting beta direct-to-device service in the U.S. this year with roughly half-day coverage. Continuous service is targeted for 2027, with 10 missions booked across two launch providers.
Dozens of airports have land, runways and remote buffer zones that could be repurposed as spaceports, according to the proposal. The FAA is seeking to speed those conversions by waiving requirements under 13 environmental laws, potentially reducing regulatory barriers to new launch sites.
Satellite geospatial imagery provider Satellogic reported its first quarter with positive operating income and adjusted EBITDA, describing the result as confirmation of its turnaround year. The company said it expects the improved performance to continue through the remainder of the year and into 2027.
Chinese reusable launch-vehicle developer iSpace has secured the first batch of its Series E financing, months after closing a substantial D++ round. The company is continuing to raise capital, underscoring its ongoing funding needs as it advances its reusable-rocketry ambitions.
Firefly Aerospace reported its first quarterly revenue above $100 million, attributing the record result to a new slate of launch and defense announcements. The milestone marks a significant commercial expansion for the space company as it broadens activity across civil and national-security markets.
SpaceX launched 24 additional Starlink satellites from California on Aug. 11, completing the company’s second Starlink mission of the day. The flight adds to the company’s global internet constellation and underscores the operational tempo supporting continued deployment of Starlink’s space-based network.
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