Private American space company shaping suborbital and orbital launchers
Ofgem has proposed refundable upfront deposits between £237,500 and £712,500 per megawatt for projects seeking grid connections, to stop speculative data‑centre schemes clogging the queue. The regulator has opened a consultation to force applicants to hit hard milestones or lose their place as Britain faces connection requests vastly above peak demand.
SpaceX’s Starship 13th flight has deployed Starlink satellites and tested heat-shield upgrades. The test landed in the Indian Ocean with an intact booster and a taller test profile. Analysts discuss remaining heat-shield challenges for rapid reuse and cost reduction, with NASA eyeing Artemis and lunar missions.
A SpaceX Falcon 9 upper stage has struck the Moon near Einstein Crater at about 5,400 mph, carving a new crater and launching a dust plume. South Korea’s Danuri orbiter has photographed the site and released images. NASA’s Lunar Reconnaissance Orbiter is scheduled to image the impact next week while scientists begin analysing ejecta and crater formation.
Amazon has filed with the FCC to launch a Direct-to-Device satellite network intended to provide global mobile connectivity, competing with SpaceX's Starlink. The plan leverages Globalstar’s spectrum and envisions service for unserved regions and emergency operations, with initial service slated for later this year and full deployment by 2028. Several partnerships and regulatory waivers accompany the filing.
A consortium led by Amit Bhatia has agreed to buy roughly a one‑third minority stake in Liverpool Football Club, and Jeff Bezos and Eduardo Saverin are participating. Fenway Sports Group has retained majority control. The deal values the club at about £4.4–4.5bn and could take weeks to complete pending formalities and regulatory checks.
VinSpace has signed a contract with SpaceX to send its first satellites into orbit on a Transporter rideshare mission in 2027. The Hanoi-based company, part of Vietnam’s Vingroup, plans to develop and operate its satellites to test technology and support future commercial space services. The agreement aligns with Vietnam’s push to become a mid-level space power by 2030.
SpaceX has pledged $100 billion to build a 125,000‑acre Starbase in Vermilion Parish, Louisiana, that it says will support thousands of Starship launches a year, add about 3,000 direct jobs and include propellant production, power generation and deep‑water shipping. Construction is scheduled to start in 2027; SpaceX targets initial launches by 2029 while state officials give a 2030 timeline.
The Chang’e-7 mission is delaying its launch as conditions for lift-off have not been met this year. The China Manned Space Agency has given a brief statement that the launch cannot take place within the planned window after a comprehensive assessment.
President Trump has signed an executive order to begin creating a U.S. Space Academy to train astronauts, engineers and civil operators for NASA, the U.S. Space Force and the civilian spaceflight industry. A presidential commission chaired by NASA administrator Jared Isaacman will deliver proposals within 120 days; the academy’s location and funding remain undecided.
French president Emmanuel Macron has opened a two-day International Space Summit in Paris that has gathered officials, astronauts, researchers and industry leaders from about 120 countries to press Europe to build sovereign space capabilities, debate regulation and seek commercial deals. U.S. companies SpaceX and Blue Origin are absent after White House concerns over the event’s framing.
Isar Aerospace has reached orbit on its second Spectrum flight and has deployed small satellites, making it the first purely commercial European launcher to do so. The success has prompted company plans to scale production and expand launch capacity as European governments and private firms ramp up investment in sovereign space capability.
Isar Aerospace, TEC, Stoke Space and others are expanding Europe’s independent access to space with new funding rounds and launches. Isar has already achieved orbit with Spectrum, TEC is pursuing Nyx—a reusable European heavy-lift—while Stoke Space is signaling a major Series E to scale toward orbital goals. The race to redefine who launches from Europe and beyond is intensifying as private capital backs big ambitions.
Europe is pushing to build sovereign space capabilities and reduce reliance on the United States for launches, satellites and defense-related space infrastructure. The International Space Summit in Paris has spotlighted EU ambitions, private sector growth, and tensions with U.S. and Chinese players.
Trade unions and the new Labour leadership are pushing for higher taxes on banks’ profits to fund a social tariff that could lower energy bills for millions, as energy costs and inflation remain central to the policy agenda.
The United States is accelerating its space and lunar defense posture as officials announce on-orbit space control weapons and a doubling of the Space Force. Leaders say operations will defend US interests from low Earth orbit to cislunar space, signaling a shift in the military balance in space ahead of potential actions around the Moon.
Alphabet-backed tests are validating Google’s orbital AI compute concept. A MVP satellite carries four TPUs and will run in-space workloads to evaluate space-ready AI hardware and links to future laser-connected satellites.
NASA has allocated a further $359 million to Boeing to complete Starliner upgrades and certify it for a new rocket, aiming to ensure crewed access to low-Earth orbit while SpaceX winds down Crew Dragon operations. A cargo-only mission could occur by December, with crewed flights expected in mid-2028 after safety redesigns.
SpaceX has achieved an orbital Starship flight, deploying 26 Starlink V3 satellites and signaling a new era of high-frequency, reusable launches. The mission faced an early engine issue but proceeded to orbit with a Pacific splashdown and a rapid return-to-flight plan taking shape for future missions.
SpaceX has warned that a growing number of satellite operators are not sharing orbital data, increasing the risk of collisions in Earth's orbit. Starlink has observed hundreds of near-miss events this year, including incidents where Starlink satellites had to alter course to avoid others. SpaceX says gaps in data collaboration heighten the danger as constellations expand, even as the company expands Starlink with plans for tens of thousands of satellites.
Berkshire Hathaway has increased its investment in Italian tech group Bending Spoons, lifting its stake to 4% after a $330 million private placement. The move comes after a strong IPO performance and follows previous investments that have helped drive the company’s growth and deal activity.
Ukraine has signed a letter of intent with Nokia and ICEYE to develop new defense and satellite-comms capabilities as Starlink faces restrictions. Disruptions have raised questions about dependence on SpaceX and spurred interest in sovereign and rival satellite networks; debates in Washington and Europe over accountability intensify as governments explore next steps.