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RTX Corp's Collins Aerospace is in discussions to withdraw from its $3.5 billion contract with NASA to build new spacesuits for the ISS, potentially delaying the modernization of the agency's equipment.
Firefly Aerospace has announced the expansion of its Alpha rocket launch capabilities at Virginia's Mid-Atlantic Regional Spaceport (MARS) on Wallops Island, set for 2025. This new development will facilitate commercial and national security missions from the state-owned launch pads.
An analysis reveals that despite the optimistic projections, the anticipated boom in space commerce is stalling due to fundamental industry challenges. Historical initiatives like Skylab highlight the persistent barriers to realizing lasting economic expansion in space-related ventures.
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