Impulse Space, founded in 2021 by former SpaceX co-founder Tom Mueller, is an up and coming player in the wacky world of space tugs, more professionally known as 'orbital transfer vehicles.' OTVs are satellites designed to carry spaceborn cargo to various orbits.
Redwire focuses on space infrastructure and autonomous systems. The company completed its Edge Autonomy acquisition and reported 50.7% year-over-year revenue growth. Management maintained full-year guidance of $320 to $340 million, and the book-to-bill ratio of 1.25 suggests demand is holding. But the business is bleeding cash with a net loss of $41.2 million in Q3, nearly double the $21 million loss from the prior year. Gross margin sits at just 16.3%, leaving almost no room for error.
Robert Goddard, a Massachusetts-born physicist, launched the world's first liquid-fueled rocket on this date 100 years ago. It was not an overly impressive flight. The rocket, fueled by gasoline and liquid oxygen, rose just 41 feet into the air, and the flight lasted 2.5 seconds before it struck ice and snow. Nevertheless, this rocket, named "Nell," represented a historic achievement that would help launch the modern age of spaceflight.
"You absolutely have to have a plan to compete with SpaceX on price." Welcome to Edition 8.29 of the Rocket Report! We have a stuffed report this week with news from across the launch spectrum. Long-term, probably the most significant development this week was a subscale version of the Long March 10 rocket successfully launching and then executing a picture-perfect ocean landing. China is catching up rapidly to the United States when it comes to reusable launch.
United Launch Alliance's Vulcan Centaur reached orbit on February 12 despite "a significant performance anomaly" that saw one of its four solid rocket boosters burn through its nozzle during ascent. Viewers of the launch from Cape Canaveral at 0422 EST (0922 UTC) were treated to some impressive fireworks as the part detached in a shower of fragments. It was the fourth launch of ULA's replacement for the Atlas V and Delta IV rocket, and the second in which an anomaly was noted with the booster.
With New Glenn, Blue Origin is seeking to refly a booster on just the third overall flight of the New Glenn fleet and turn the rocket around in less than four months. Even for a well-capitalized program with the benefit of learning from both Blue Origin's own suborbital New Shepard rocket and the industry's experience with the Falcon 9, this represents an impressive turnaround in first stage reuse.
The company is planning to launch a 1,100-pound satellite on a Falcon 9 rocket in October as part of an audacious proof of concept. The goal is to test water as the fuel for both electrical and chemical propulsion, processes that involve shooting out a stream of plasma with the use of a magnetic field and burning fuel at high temperature and pressure to generate thrust, respectively.
