

The mission, originally scheduled to launch on June 10, was delayed after engineers discovered a problem with the SpaceX Dragon’s propulsion system.
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Aerospace Laboratorya European startup that recently raised 40 million euros ($41.8 million) in Series B funding is building a satellite megafactory that it says can produce 500 satellites a year, its largest production capacity of the continent.Photo credit: Firefly Aerospace More news from TC and beyond


“The company is entering a new phase of growth highlighted by the upcoming second launch of Alpha, Firefly’s flagship launch vehicle, this summer.” “With new ownership and funding, Firefly has been reinvigorated,” AEI Partner Kirk Konert said in a statement. CFIUS sent a letter to Noosphere’s head, Ukrainian tech investor Max Polyakov, last November, urging his firm to divest itself of the company. Peter Schumacher, a partner at AEI, will serve as interim CEO while the company searches for Markusic’s replacement.ĪEI came into the picture in February after the United States Committee on Foreign Investments (CFIUS) raised concerns about Noosphere’s involvement in Firefly (the exact nature of the concerns is not clear). The leadership change comes just four months after private equity firm AE Industrial Partners (AEI) bought out Ukrainian firm Noosphere Venture Partners’ significant stake in the company, suggesting Firefly’s new majority owners may have a different vision for have the future.
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“SpaceX’s license application must also meet the FAA’s safety, risk and financial responsibility requirements,” the PEA says.įirefly Aerospace is looking for a new CEO after announcing Wednesday that co-founder Tom Markusic is moving to chief technical advisor and full-time board member. But today’s FAA finding does not guarantee a launch license, even if SpaceX complies with the 75+ amendments. The FAA’s final finding - known as the “Mitigated Finding of No Significant Impact” - means the company doesn’t need to provide a much more detailed environmental impact statement, which would likely take many months, if not years, to complete. Overall, SpaceX must take more than 75 mitigation actions to meet the assessment, the FAA said in a press release. The FAA’s 183-page Programmatic Environmental Assessment (PEA) lays out the potential impact of SpaceX’s starbase complex and Starship launch program on everything from sonic boom noise pollution to light pollution on local sea turtle populations. The Federal Aviation Administration on Monday released its much-anticipated environmental impact assessment of SpaceX’s starbase launch site in Boca Chica, Texas, and the Starship launch program, with the agency noting that SpaceX’s plans would not have a significant impact on the environment - but they would the company will need to implement a number of mitigation measures before they can begin conducting test flights. Photo credit: Patrick Pleul/POOL/AFP/Getty Images A group of investors including Sequoia Capital, Andreessen Horowitz, Binance and Fidelity are backing Elon Musk’s $44 billion bid to acquire Twitter.
