BlackRock is evaluating a multibillion-dollar investment in SpaceX’s upcoming IPO, marking a significant move in the space and investment sectors.
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Aerospace & Defense Industries
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NASA’s Psyche spacecraft just got an assist from Mars on the way to its asteroid namesake
NASA’s Psyche spacecraft used a planned flyby of Mars for a gravity assist, boosting its speed en route to the asteroid 16 Psyche, with images expected soon.
Three’s a party: US, China, and now Russia are on the prowl in GEO
Russia has deployed a new satellite in geosynchronous orbit, joining US and China in space surveillance activities, raising concerns over military intelligence gathering.
Palantir has hired more than 30 senior UK Government officials
Palantir has employed more than 30 senior UK government officials over the past decade, raising concerns over transparency and influence in public sector contracting.
A global competitor to the F-35 is slowly emerging
A new fighter jet concept, dubbed GCAP, is being showcased as a potential competitor to the F-35, signaling a shift in international defense dynamics.
Singapore Airlines expects ‘full impact’ of fuel cost in fiscal 2026-27
Singapore Airlines forecasts significant financial impact from rising fuel costs in fiscal 2026-27, with fare adjustments unlikely to fully offset expenses.
Honda aims to rebound to net profit in FY26 despite EV-related losses
Honda expects to return to net profit in FY26, aiming for 260 billion yen, despite recording its first annual loss due to EV-related challenges.
Solar drone with jumbo jet wingspan broke a flight record—then it crashed
A solar-powered drone with a wingspan comparable to a Boeing 747 set a record with an eight-day flight before crashing into the sea during a military exercise.
Fervo Raises Nearly $2 Billion in IPO
Fervo has raised close to $2 billion in its initial public offering, marking a significant milestone for the geothermal energy company and renewable energy sector.
Why militaries well-equipped to fight enemy aircraft and missiles may still struggle to confront the drone threat
Western militaries face challenges in countering small, low-flying drones despite advanced air defenses, highlighting gaps in current systems.