Aerospace News 122 results

SpaceX Tests New SuperDraco Engines

In recent years NASA has made it clear that the private development of American-built crewed space vehicles is a very high priority. After the shuttle fleet was grounded in 2011, the United States has relied on the Russian Soyuz spacecraft to get crews to the International Space Station (ISS). Problem is, it is not cheap. The cost of a single seat on Soyuz is about $85 million. In addition to the ...

Blue Origin and Other Major Aerospace Companies Join NASA’s Artemis Program

Some of the biggest names across the aerospace industry are joining forces with the founder of Amazon and Blue Origin, Jeff Bezos, to create what they’re calling the Human Landing System, which will put humans back on the moon’s surface by 2024 as part of NASA’s Artemis program. This announcement comes from the International Astronautical Congress, which named Blue Origin as the main ...

American Airlines Pushes 737 MAX Flights Into January 2020

American Airlines is pushing back its schedule for flights of the 737 MAX through January 15th, 2020. The company announced this Wednesday (10/9/19) as it issued updated guidance for the third quarter of this year that shows improving profit margins. “The decision was made based on our communication with the FAA, DOT, and Boeing,” American Airlines said in a statement that was emailed to ...

SpaceX Has The Potential To Be Worth $120 Billion According To Morgan Stanley

A recent Morgan Stanley study has suggested that the privately owned aerospace company SpaceX, which was founded by Elon Musk, could reach a value of $120 billion. This would make SpaceX worth triple what Musk’s electric car company’s value and larger than other aerospace companies like Northrop Grumman, Lockheed Martin, and Raytheon, which are currently worth $64 billion, $112 billion, and ...

NASA Awards $621 Million Contract to Aerospace Corp.

The Aerospace Corp. has won a $621 million contract from NASA that will be paid to the company over the next nine years. The contract was given to the company for engineering, evaluation, and testing support. Under this new contract for the NASA-wide Specialized Engineering, Evaluation and Test Services (NSEETS) program, Aerospace Corp. will lend support including staff, advanced systems ...

U.S. Air Force Building “Digital Hangar” For Lifecycle Management Of Aerospace Systems

The U.S. Air Force has a brand new hangar under construction at their Wright-Patterson base in Ohio. This new facility isn’t made of concrete and steel, it’s made up of digital ones and zeroes. The Digital Hangar is a concept that was created by Dr. Rick Graves, a design and analysis branch aerospace research engineer at the Air Force Research Laboratory. This new technology is a visual ...

Manufacturing In Space

NASA has awarded a $73.7 million contract to a company named Made In Space, to demonstrate their ability to assemble spacecraft and spacecraft components in low-Earth orbit. Scheduled to launch in 2022, Made In Space’s Archinaut One will ride a Rocket Lab Electron rocket ship from New Zealand into a low-Earth orbit. Once it reaches the correct altitude, Archinaut One will begin 3D printing a ...

Virgin Galactic Will Be The First Publicly Traded Spaceflight Company

Billionaire Richard Branson knows it’s going to take a lot of capital to get tourists into space. To make his dream of space tourism a reality he’s taking his company Virgin Galactic public. After he abandoned talks with Saudi investors last year in the wake of the murder of journalist Jamal Kashoggi, Branson made the decision to take the company public to raise the necessary funds. The ...

Regional Airline Commits To World’s First Commercial Electric Plane

The Paris Airshow, the largest aerospace event in the industry, was held last week. When looking at the numbers, the amount of electric planes there amounted to a sideshow. More than 400 planes were sold totally $15 billion dollars as airlines around the world try to compensate for the growing demand for air travel. Although plenty of attention was drawn by Cape Air’s order of the first ...

Airbus Wants A Shot At Boeing’s Business

Airbus has an ax to grind with Boeing. Despite walking away from the Paris Airshow with an estimated $44 billion in deals, besting Boeing by nearly $10 billion, the multinational aerospace manufacturer has made it clear that they are not happy they did not have an opportunity to bid for business with British Airways owner IAG SA. Boeing and IAG announced an agreement for 200 of Boeing’s 737 Max ...