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Virgin Galactic Shares Jump 12% After Space Company Says Next Test Flight Will Be This Week

Following a detailed inspection and thorough analysis of our mothership, Eve, we have cleared our Spaceflight System for our upcoming flight, Virgin Galactic CEO Michael Colglazier said in a statement.
Shares of Virgin Galactic jumped as much as 19% in premarket trading from its previous close of $17.27.
Virgin Galactic
Virgin Galactic s carrier aircraft releases its spacecraft Unity during a glide flight test.
Virgin Galactic leadership, when the company reported first quarter results last week, revealed that the target date for the next spaceflight test was under evaluation due to a possible maintenance issue with VMS Eve, the aircraft that carries the spacecraft before launch. The company said on Thursday its engineering analysis determined the VMS Eve structures healthy, clearing the aircraft for flight. ....

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Northrop Grumman Robotic MEV-2 Spacecraft, in a First, Catches Active Intelsat Satellite

The companies hit a milestone in the growing business of servicing satellites while in space.
Today s successful docking of our second Mission Extension Vehicle further demonstrates the reliability, safety and utility of in-space logistics, Tom Wilson, vice president of Northrop Grumman s strategic space systems said in a statement. The success of this mission paves the way for our second generation of servicing satellites and robotics, offering flexibility and resiliency for both commercial and government satellite operators, which can enable entirely new classes of missions.
Intelsat
A close up look at Intelsat s IS-10-02 satellite as MEV-2 approached for docking in orbit. ....

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DARPA Awards Nuclear Spacecraft Contracts to Lockheed Martin, Bezos' Blue Origin and General Atomics

The goal of the program is deceptively simple: Use a nuclear thermal propulsion system to power a spacecraft beyond low Earth orbit.
The Pentagon s research and development agency says a nuclear powered spacecraft has the potential to achieve both the high power of an chemical-based propulsion system and the high efficiency of an electrical-powered system.
This combination would give a DRACO spacecraft greater agility to implement the Department of Defense s core tenet of rapid maneuver in cislunar space (between the Earth and moon), the agency said.
The contracts awarded to the companies are for the first 18-month phase of the program, with two tracks. ....

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Lockheed Martin Buys Up to 58 Launches Over the Next Decade From Rocket Builder ABL Space

Having this assured access to space will accelerate our ability to demonstrate the spacecraft and associated payload technologies we are developing to the meet the future mission needs for our customers, Lockheed Martin Space executive vice president Rick Ambrose said in a press release.
ABL s RS1 rocket fits in the middle of the launch marketplace, between Rocket Lab s small Electron and SpaceX s large Falcon 9 vehicle. RS1 is nearly 90 feet tall and is designed to launch as much as 1,350 kg (nearly 1½ tons) of payload to low Earth orbit.
ABL declined to comment on the financial terms of the contract. Based on ABL s $12 million price tag for an RS1 rocket, the deal with Lockheed Martin is estimated to be worth nearly $700 million over eight years, assuming the maximum number of launches. ....

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Satellite Company AST SpaceMobile Expects to Close SPAC Deal Next Week and Begin Trading on Nasdaq

Stockholders voted on Thursday to approve the transaction, with the closing expected on or about April 6, or next Tuesday. The combined company of AST & Science and New Providence will be known as AST Space Mobile, and will trade under the ticker ASTS.
New Providence s stock slipped more than 4% in midday trading from its previous close of $11.67 a share.
AST SpaceMobile, based in Midland, Texas, is building a network of satellites, also known as a constellation, that is designed to deliver broadband from space directly to consumer smartphones. Existing satellite networks require additional physical devices to connect to the service, such as Iridium s mobile satellite phones or SpaceX s Starlink user terminals. ....

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