Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

A rendering of the company's laser communications system on satellites in orbit.MynaricSpace stock Mynaric tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company's chief financial officer.Germany-based Mynaric slashed its 2024 revenue guidance nearly 70% at the midpoint,...

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Lockheed Martin to take Terran Orbital private in $450 million deal

Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran OrbitalLockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private.The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly...

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NASA astronauts waiting for return decision

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing's Starliner to the International Space Station onNASALog entry: Day 71.Butch Wilmore and Suni Williams are waiting. Boeing is waiting. And throughout the halls of NASA, leaders and engineers are gathering, analyzing and deliberating.Boeing's Starliner capsule...

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Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

SpaceX's Crew Dragon capsule "Endurance" is seen during the Crew-3 mission for NASA on May 5, 2022.NASAPrivate polar expeditions are reaching a new level: Space.Cryptocurrency speculator Chun Wang bought a SpaceX multi-day flight for an undisclosed amount, the company announced on Monday, with plans to lead the first crewed...

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NASA may return Starliner astronauts on Boeing or SpaceX

Boeing spacecraft Starliner is seen from the window of SpaceX's Dragon capsule "Endeavour" on July 3, 2024 while docked with the International Space Station during the crew flight test.NASANASA management has been in deep discussion this week about whether to return the agency's astronauts on board Boeing's misfiring Starliner...

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Boeing’s crewed Starliner flight won’t return until August

Boeing's Starliner spacecraft is pictured docked to the International Space Station.NASABoeing's crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight.Starliner capsule "Calypso,"...

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