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Space
Elon Musks SpaceX Reaches Astronomical £350bn Market Valuation After Latest Share Deal
SpaceX, helmed by billionaire entrepreneur Elon Musk, has solidified its position as the globe's most valuable start-up through a groundbreaking employee share arrangement that values the rocket and satellite manufacturer at £350 billion.…
BP Gives Green Light to $7 Billion Dollar Indonesian Gas Development Project
British energy giant BP and its partners have approved a substantial £7 billion gas project in Indonesia, marking a significant expansion of their liquefied natural gas (LNG) operations in the Asia-Pacific region. The investment…
Boeing Considers Selling Space Division Amid Mounting Financial Pressure
In a significant strategic shift, aerospace giant Boeing is reportedly exploring the sale of substantial portions of its space enterprise, marking a potential end to its six-decade legacy in human spaceflight. The move comes as the company…
SpaceForge, a British startup, receives a $1bn Nato fund to help build space factories
The Nato alliance has invested $1.1bn (£870m ) in a British start-up, which is planning to launch robot factories into the space.
Cardiff's Space Forge is looking to launch satellites and take advantage of the low gravity conditions to…
British companies are getting involved in the new space race
Stevenage's new town in Hertfordshire has a secret that may surprise visitors. The "Mars Yard" is a hidden room on an industrial estate nearby, filled with rocks and red sand to simulate the surface of Mars.
Airbus, the French aerospace…
Rocket Revolution threatens to undo years of European space unity
When he spoke to aerospace executives and innovators at Toulouse, the French president Emmanuel Macron had a combative tone.
"We have been fighting for months, saying that European sovereignty is European Unity. He told the gathering of…
UK taxpayers invested £400m in OneWeb. Its technology is now a gift for France.
Pouring £400 million of taxpayers' cash into a bankrupt satellite company in the middle of a pandemic was something of a head-scratcher for the public. But for Dominic Cummings, spending the money in June 2020 to rescue the British…