Space company Redwire trims quarterly losses, builds order backlog past $270 million
A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021.Source: NYSESpace infrastructure company Redwire said ...
Tag: Aerospace and defense industry
Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and ...
Amazon to build $120 million facility in Florida to prep Kuiper internet satellites for launch
An artist's rendering of the Project Kuiper satellite processing facility in Florida.AmazonAmazon will invest $120 million to build a satellite ...
Space Force raises the stakes as rocket companies compete for lucrative military missions
A Falcon Heavy rocket launches the USSF-67 mission on January 15, 2023 from NASA's Kennedy Space Center in Florida.SpaceXThe U.S. ...
Airline cargo revenue is cratering. Here’s why that’s actually good news
An American Airlines 777 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCAirlines' cargo revenue is slumping. That's a sign ...
American, JetBlue to end sales of each others’ tickets next week after judge orders breakup
American and JetBlue will stop selling seats on each other's flights next Friday, two months after a federal judge ruled ...
