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Space

Rocket Lab to Acquire Space Solar Power Provider

Frank Wolfe

Monday, December 13th, 2021

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Rocket Lab to Acquire Space Solar Power Provider

On Dec. 9, a Rocket Lab Electron rocket carried into orbit two BlackSky Gen-2 Earth-imaging satellites (Rocket Lab Photo)

As California-based Rocket Lab [RKLB] looks to provide its Neutron rocket for future U.S. Space Force launches, the company on Dec. 13 took a step toward alternative power sources when the company said it plans to buy for $80 million New Mexico-based SolAero, a marquee supplier of space solar power products. Rocket Lab said it expects to seal the deal early next year--an acquisition that may give the firm some leverage, as Pentagon officials look to more environmentally-friendly systems. "The…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]