Bloomberg
• Loren Grush, Sana Pashankar
Virgin Galactic has pushed the first expected full-power flight of its upgraded Delta-class spaceplane to February 2027, delaying the start of its next commercial service. The company is also planning higher-priced spaceflight tranches as it seeks to improve cash flow, sending shares lower.
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Virgin Galactic has pushed the first expected full-power flight of its upgraded Delta-class spaceplane to February 2027, delaying the start of its next commercial service. The company is also planning higher-priced spaceflight tranches as it seeks to improve cash flow, sending shares lower.
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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India’s effort to build a globally competitive private space sector is showing early results, with startup Skyroot Aerospace completing a successful orbital launch on July 18. The milestone provides tangible evidence that the country’s emerging commercial launch ecosystem is moving from policy ambition toward operational capability.
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