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SpaceX’s plan to bring turbine-blade production in-house hits Howmet; analysts see a buying opportunity

Howmet Aerospace shares fell after SpaceX said it plans to produce turbine blades internally, raising concerns about the supplier’s exposure to the launch company. Two Wall Street banks characterized the selloff as an opportunity to buy, framing the announcement as a limited impact to Howmet’s broader aerospace business.

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Quindar to manage ground operations for Quantum Space’s maneuverable spacecraft

Denver-based satellite ground-software startup Quindar will manage ground operations for Quantum Space’s maneuverable spacecraft, linking its mission-control platform with a spacecraft designed for in-orbit movement. The agreement highlights the growing role of commercial software providers in operating increasingly capable satellite systems.

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Reuters

High activity

PLD Space Extends Series C to €288 Million Ahead of Miura 5 Debut

Spain’s PLD Space has raised an additional €108 million in a Series C extension, bringing the round’s total to €288 million. The launch company is using the fresh capital as it prepares for the debut flight of its Miura 5 rocket and continues scaling its space-transportation business.

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Galactic Energy’s Pallas-1 reaches orbit on debut launch, setting up reusable-rocket ambitions

Chinese commercial launch company Galactic Energy successfully sent its first Pallas-1 rocket to orbit late Monday. Future missions are expected to attempt first-stage recovery, marking the company’s move toward reusable launch operations as China’s commercial space sector expands its launch capabilities.

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International launch slate spans Isar’s Spectrum, ISRO Earth-observation mission and SpaceX Starlink

Six missions are scheduled across launch sites in Norway, India, New Zealand and the United States from Aug. 31 to Sept. 6. Isar Aerospace is targeting the second flight of its Spectrum rocket, while ISRO pursues an Earth-observation launch and SpaceX continues Starlink missions from Vandenberg.

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