Commercial Space Industry (New Space) News

Bloomberg • Sana Pashankar

Virgin Galactic Beats Q1 Revenue Estimates, Announces Ticket Price Hike and Houses Commercial Flights for Summer 2026

Virgin Galactic topped Q1 revenue forecasts, maintained a robust cash position and announced new ticket pricing as it transitions out of its pre-revenue phase. The company confirmed summer 2026 for the first commercial suborbital flights, with private astronaut services slated for the following fall.

2025-05-15T15:47:10.457076-07:00

Space.com

Gilmour Space Halts First Australian Orbital Launch Over Fairing Fault

2025-05-15T15:35:46.229784-07:00

Reuters

Eutelsat Hits Revenue Targets as OneWeb Nets New Government Contracts

2025-05-15T10:27:03.233484-07:00

SpaceNews.com

China launches first satellites for planned 2,800-unit AI space computing constellation

2025-05-14T15:51:53.474024-07:00

Commercial Space Industry (New Space) News Timeline

accessnewswire.com

Orbite and 7Lifestyle Forge Partnership to Offer Exclusive Astronaut Training to Affluent Clients Orbite and luxury specialist 7Lifestyle have announced a strategic partnership to provide high-net-worth clients with exclusive astronaut training programs. The initiative merges Orbite’s preparatory expertise—zero-G flights, centrifuge runs and mission simulations—with 7Lifestyle’s concierge services, catering to affluent prospects ahead of commercial spaceflight launches.

2025-05-16T07:48:34.137914-07:00

Orbite and 7Lifestyle Forge Partnership to Offer Exclusive Astronaut Training to Affluent Clients

NZ Herald

Rocket Lab CEO Peter Beck to Press Ahead with Mars Missions Amid U.S. Budget Cuts Rocket Lab CEO Peter Beck has vowed to continue development of Mars mission plans despite looming cuts to U.S. space budgets, underscoring the company’s pivot into defense launches and diverse revenue streams. Beck outlined how growing military contracts will underpin the firm’s long-term ambitions beyond low-Earth orbit.

2025-05-16T07:46:33.750481-07:00

Rocket Lab CEO Peter Beck to Press Ahead with Mars Missions Amid U.S. Budget Cuts

Payload

Muon Wins NRO Stage II Contract to Expand Commercial IR Imaging Muon has secured a Stage II contract from the US National Reconnaissance Office to advance its infrared data collection capabilities, aiming to close the US commercial sector’s gap with Chinese competitors. Following successful Phase I efforts, the award funds expanded ISR services for national security missions.

2025-05-16T05:34:52.551427-07:00

Muon Wins NRO Stage II Contract to Expand Commercial IR Imaging

Bloomberg

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Virgin Galactic Beats Q1 Revenue Estimates, Announces Ticket Price Hike and Houses Commercial Flights for Summer 2026 Virgin Galactic topped Q1 revenue forecasts, maintained a robust cash position and announced new ticket pricing as it transitions out of its pre-revenue phase. The company confirmed summer 2026 for the first commercial suborbital flights, with private astronaut services slated for the following fall.

2025-05-15T15:47:10.457076-07:00

Virgin Galactic Beats Q1 Revenue Estimates, Announces Ticket Price Hike and Houses Commercial Flights for Summer 2026

Space.com

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Gilmour Space Halts First Australian Orbital Launch Over Fairing Fault Gilmour Space on Friday called off the maiden flight of its Eris 1 orbital rocket after detecting a glitch in the payload fairing’s nose cone. The issue, affecting the vehicle that was to carry a jar of Vegemite into orbit, has prompted an indefinite delay with no new launch date.

2025-05-15T15:35:46.229784-07:00

Gilmour Space Halts First Australian Orbital Launch Over Fairing Fault

en.globes.co.il

IAI Proposes Debt Settlement to Take Control of Spacecom Israel Aerospace Industries (IAI) and insurer Phoenix Underwriting have submitted a joint debt settlement proposal for Spacecom, the Israeli satellite operator. The restructuring plan would leave IAI as the controlling shareholder, realigning Spacecom’s liabilities and safeguarding its telecom satellite services under IAI’s management.

2025-05-15T10:39:20.558927-07:00

IAI Proposes Debt Settlement to Take Control of Spacecom

Reuters

Eutelsat Hits Revenue Targets as OneWeb Nets New Government Contracts Eutelsat reported quarterly revenue matching estimates as its OneWeb LEO constellation attracted new government clients, reinforcing the European operator’s push to challenge SpaceX’s Starlink in the global satcom market.

2025-05-15T10:27:03.233484-07:00

Eutelsat Hits Revenue Targets as OneWeb Nets New Government Contracts

9news.com.au

Gilmour Space’s Eris Rocket Launch from North Queensland Delayed by 24 Hours Gilmour Space’s Eris rocket, the first Australian-designed orbital launch vehicle, was scheduled to lift off today from North Queensland but has been delayed by 24 hours. The postponement extends a series ofholds as Australia pursues its inaugural sovereign launch capability.

2025-05-15T06:04:35.828594-07:00

Gilmour Space’s Eris Rocket Launch from North Queensland Delayed by 24 Hours

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