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Tag Archives: Space industry

Spacecraft maker Terran Orbital ‘looking at everything,’ CEO says after Lockheed Martin takeover bid

[ad_1] Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s …

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NASA shuts down $2 billion satellite refueling project after contractor Maxar is criticized for poor performance

[ad_1] A “grapple test” of the OSAM-1 spacecraft’s robotic servicing arm. NASA NASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency’s auditor criticized the program’s lead contractor, Maxar, citing “poor performance.” The space agency said in a statement that …

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