Varda drug spacecraft gets FAA approval to return

Varda drug spacecraft gets FAA approval to return

Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has been stuck in orbit since … Read more

Blue Origin, Sierra Space Orbital Reef space station in limbo

Blue Origin, Sierra Space Orbital Reef space station in limbo

Jeff Bezos’ Blue Origin and Sierra Space are navigating a potential end to the Orbital Reef space station partnership, according to three people who spoke to CNBC about the situation. Discussions are ongoing and CNBC sources described the situation as fluid. Shortly after unveiling the Orbital Reef project in 2021, Blue Origin won a $130 … Read more

Investing in Space: Industry enters new era

Investing in Space: Industry enters new era

On site at the 2023 edition of the World Satellite Business Week conference in Paris, France. Michael Sheetz | CNBC CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on … Read more

Defiant North Korea tells UN its spy satellite program is its ‘legitimate right as a sovereign state’

Defiant North Korea tells UN its spy satellite program is its ‘legitimate right as a sovereign state’

CNN  —  In a defiant speech to the UN Security Council, North Korea insisted its efforts to launch a spy satellite into space are transparent and within “its legitimate right as a sovereign state.” Pyongyang’s ambassador to the UN Kim Song defended his country during a rare address to the UN on Friday, denying that … Read more