Thursday, December 19

Tag: Rocket

SpaceX raises $1.9 billion in funding
18Aug By AdityaNo Comments
FUNDING

SpaceX raises $1.9 billion in funding

Elon Musk-led aerospace company SpaceX raises $1.9 billion in new funding, according to a regulatory filing on Tuesday. This would be the largest funding round raise by SpaceX till date. Bloomberg, in its report, said that the private rocket company will have an equity value of $46 billion after the transaction, citing people familiar with the matter. SpaceX is an American aerospace manufacturer and space transportation services company headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the goal of reducing space transportation costs to enable the colonization of Mars. Its designs, manufactures and launches the world’s most advanced rockets and spacecraft.
Read More
Amazon’s Jeff Bezos Unveils New Rocket to Compete With SpaceX
13Sep By reutersNo Comments
News

Amazon’s Jeff Bezos Unveils New Rocket to Compete With SpaceX

Jeff Bezos on Monday unveiled a heavy-lift reusable rocket expected to compete against Elon Musk's SpaceX and other companies for commercial satellite launches before the end of the decade. Bezos' Kent, Washington-based Blue Origin space company is designing two versions of the rocket, named New Glenn, a nod to John Glenn, the first American to orbit Earth and the last surviving member of NASA's original Mercury Seven astronauts. "New Glenn is designed to launch commercial satellites and to fly humans into space," Bezos, also the founder and chief executive of Amazon.com, said in a statement emailed to Reuters on Monday. Both versions of New Glenn will use a first stage powered by seven methane-burning BE-4 engines. The company is building a launch site and test facility at Cape C...
Read More