DULLES, Va., Jan. 21, 2022 (Northrop Grumman PR) – Two Northrop Grumman Corporation (NYSE: NOC) Geosynchronous Space Situational Awareness Program (GSSAP) satellites were successfully launched into orbit on a United Launch Alliance (ULA) Atlas V rocket today from Cape Canaveral Space Force Station as part of the U.S. Space Force (USSF)-8 mission. The two satellites, GSSAP-5 and GSSAP-6, will enhance space situational awareness, a top priority for the U.S. Space Force. In addition to manufacturing and delivering both GSSAP payloads, Northrop Grumman also provided the sole strap-on solid rocket booster adding propulsion to the rocket launch, as well as essential aeronautical components in support of the USSF-8 launch.
Atlas V launched Geosynchronous Space Situational Awareness Program (GSSAP) satellites, GSSAP-5 and GSSAP-6, to a near-geosynchronous orbit
CAPE CANAVERAL SPACE FORCE STATION, Fla., (Jan. 21, 2022) – A United Launch Alliance (ULA) Atlas V rocket carrying the USSF-8 mission for the U.S. Space Force’s Space Systems Command lifted off on Jan. 21 at 2:00 p.m. EST from Space Launch Complex-41 at Cape Canaveral Space Force Station. To date ULA has launched 148 times with 100 percent mission success.
KIRTLAND AIR FORCE BASE, N.M. (AFRL PE) — The Air Force Research Laboratory recently announced the assignment of its Space Vehicles Directorate director, Col. Eric J. Felt, to a position with the U.S. Space Force as Deputy Executive Director for the Space Architecture, Science and Technology Directorate at the Pentagon, with an effective date in July.
Felt has led the AFRL Space Vehicles Directorate, located at Kirtland AFB, since July 2018, and serves in a dual-hatted role as commander of the Phillips Research Site, which encompasses military command authority for AFRL’s Space Vehicles and Directed Energy Directorates.
As director, Felt leads a team of more than 1,080 military, civilian and on-site contractors who comprise the nation’s center of excellence for military space science and technology. The directorate focuses on enduring Space Force space missions: communications; position navigation and timing; missile warning; space domain awareness; and space control.
CAPE CANAVERAL SPACE FORCE STATION, Fla., Jan. 19, 2022 (ULA PR) – A United Launch Alliance (ULA) Atlas V rocket is in final preparations to launch the USSF-8 mission for the U.S. Space Force’s Space Systems Command. The launch is on track for Jan. 21, 2022 from Space Launch Complex-41 at Cape Canaveral Space Force Station. Launch is planned for 2:00 p.m. EST. The live launch broadcast begins at 1:40 p.m. EST at www.ulalaunch.com.
WRIGHT-PATTERSON AIR FORCE BASE, OHIO (AFRL PR) – TheAir Force Research Laboratory, via its basic research office, the Air Force Office of Scientific Research, announced December 17, the winners of the newly established Space University Research Initiative (SURI) program – a first step in improving the transition of critical concepts from academia into revolutionary new military technologies for the U.S. Air Force and U.S. Space Force (USSF).
“Our way of warfare depends on space superiority and AFRL has a long history of research and development in support of this domain. With the recent standup of the USSF, along with the emergence of U.S. Space Command and new energy in the commercial space sector, we have exciting opportunities to modernize the way we lead and manage S&T,” wrote AFRL Commander, Maj. Gen. Heather Pringle in her 2021 Commander’s Intent.
Revenue above high end of prior guidance range at $5.3 million
Backlog increased from $141 million at June 30, 2021 to $183 million as of September 30, 2021, and currently stands at $237 million as of November 15, 2021
Space Systems revenue in the third quarter 2021 grew 360% over the same quarterly period in 2020 to represent 27% of total revenue for the nine months ended September 30, 2021
Successfully completed the merger with Vector Acquisition Corporation resulting in ending cash balance at September 30, 2021 of $792.7 million
Q4 2021 Guidance
Revenue to range between $23 million to $25 million
GAAP and non-GAAP gross margins of 13 percent and 27 percent, respectively
GAAP and non-GAAP operating expenses between $24 million to $26 million, and $19 million to $21 million, respectively
GAAP Net Loss between $24 million and $26 million, and Adjusted EBITDA loss of $9 million to $11 million, which reflects adjustments for stock-based compensation, 3rd party fees associated with M&A activity, depreciation and amortization, FX gains and losses, interest expense, taxes and other recurring and non-recurring items
All of the above exclude any warrant expense impacts from the public and private warrants assumed from the Vector Acquisition Corporation merger that closed on August 25, 2021, and also excludes any impacts from the Advance Solutions Inc. acquisition and related purchase price accounting, and excludes any financial contributions and accounting impacts from the pending Planetary Systems Corporation acquisition announced today
LONG BEACH, Calif. (Rocket Lab PR) — Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced financial results for its fiscal third quarter ended September 30, 2021.
NEW YORK (iRocket PR) — On November 4, 2021, iRocket announced that the company signed an agreement with Turion Space Corp in Irvine, CA. Said iRocket CEO Asad Malik, “We are excited about this new partnership with Turion Space to provide rapid access to space and cost competitive launch costs for their 20 Droid satellites and the low-cost final orbit delivery option their Droid satellites will bring to some of our own customers.”
ALBUQUERQUE, N.M. (Q Station PR) – Q Station, a collaborative workspace supported by the Air Force Research Laboratory and U.S. Space Force has chosen six companies for its inaugural Soft Landing Space Tech Cohort. The year-long program will give companies an opportunity to work in the growing New Mexico space ecosystem and to learn more about the U.S.’ space technology needs and how they may be able to work with the federal government to meet those needs.
The inaugural Soft Landing Space Tech Cohort companies and their headquarters are:
Blue Eye Soft – South Carolina — creates AI models that predict satellite anomalies due to space weather events.
Equatorial Space Systems – Singapore — developing proprietary hybrid propulsion technology.
Leaf Space – Italy — provides ground segment systems for microsats.
Neutron Star Systems- Germany — produces electric propulsion system for spacecraft.
Rogue Space Systems – New Hampshire — designs satellite vehicles and subsystems to provide on-orbit services to satellite operators.
SPiN Tech – Germany — produces a universal adapter to transform incompatible off-the-shelf components to plug-and-play for satellites.
KENNEDY SPACE CENTER, Fla. (NASA PR) — NASA will provide coverage of the upcoming prelaunch and launch activities for the agency’s SpaceX Crew-3 mission with astronauts to the International Space Station. This is the third crew rotation mission with astronauts on the SpaceX Crew Dragon spacecraft and the fourth flight with astronauts, including the Demo-2 test flight, as part of the agency’s Commercial Crew Program.
The launch is targeted for 2:21 a.m. EDT Sunday, Oct. 31, on a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA’s Kennedy Space Center in Florida. The Crew Dragon Endurance is scheduled to dock to the space station at 12:10 a.m. Monday, Nov. 1. Prelaunch activities, launch, and docking will air live on NASA Television, the NASA app, and the agency’s website.
TITUSVILLE, Fla. (NASA PR) — NASA’s Laser Communications Relay Demonstration (LCRD) is gearing up for launch this fall, no earlier than Nov. 22. The payload arrived in Florida in May, fully integrated into its host spacecraft and ready for its final testing before being lofted into space.
SILVER SPRING, Md. (NOAA PR) — The Constellation Observing System for Meteorology, Ionosphere, and Climate (COSMIC-2) is a network of six small satellites, each about the size of a standard kitchen oven, designed to improve weather prediction and model accuracy as well as space weather monitoring capabilities.
MALIBU, Calif., Oct. 13, 2021 (Embedded Ventures PR) — Embedded Ventures, a new venture capital firm investing in dual-use space startups beyond launch, today announced an unprecedented multi-year agreement with United States Space Force (USSF)’s SpaceWERX office. SpaceWERX is expanding the space industrial base by forming collaborative research agreements between the military’s operational experts and the top innovators in industry and academia, leveraging commercial investment, and rapidly pursuing new space technologies, while setting ambitious goals since its creation.
Finalists Will Present Technologies That Can Solve Problems in Space to Compete for $100k in Cash Prizes at the Fourth Annual Hyperspace Summit on December 2
ALBUQUERQUE, NM, October 5, 2021 (Hyperspace Challenge PR) – Hyperspace Challenge, a business accelerator run by the Air Force Research Laboratory and CNM Ingenuity as part of the new SpaceWERX for the U.S. Space Force, announced today it has selected 13 startups and 11 university teams to participate in its 2021 cohort. Finalists comprising the cohort represent 13 states, as well as one company from Ottawa, Canada.
The new cohort is tasked with the development of technology that can be applied to or solve problems in the space domain. This is the first year the program will include a formal university accelerator track which aims to increase collaboration opportunities between the federal government and university research teams, traditionally siloed from commercial and government innovation.
ARLINGTON, VA (AFNS) — The Space Force, working with the Army, Navy and Marine Corps, has selected 670 active-duty service members and 259 civilians to transfer into the Space Force during fiscal year 2022. These volunteers come from the pool of candidates who applied in March 2021 and members who are currently assigned to Army and Navy units slated to transfer into the new service.
These new selects join the initial tranche of 50 selects announced in June 2021 and once transferred into the Space Force, they will account for about seven percent of the service, which totals nearly 13,000 military and civilians today.
“Successfully integrating the units, capabilities and people from Sister Services into the Space Force is critical to our mission and was one of the driving forces in creating the new service,” said Gen. David D. Thompson, Vice Chief of Space Operations. “We look forward to welcoming these Soldiers, Sailors, Marines and civilians into our force and encourage them to apply their experiences and perspectives to help us meet the needs of the Joint Force and shape a unique service culture.”
NATIONAL HARBOR, Md. — Chief Master Sgt. of the Space Force Roger A. Towberman took the stage at the Air Force Association Air, Space and Cyber Conference here Sept. 21, to share his vision for the future of Guardian development.
Towberman focused on the five objectives outlined in the Space Force’s human capital management plan, termed the “Guardian Ideal,” released earlier in the day.