Uber adjusts third-quarter forecast in light of increased gross bookings

Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morning that it anticipated an increase in gross bookings and stronger adjusted EBITDA in the quarter […]

Battery Resourcers raises $70M to grow closed-loop battery supply chain

Battery Resourcers, a startup that’s developing a closed-loop approach to lithium-ion battery materials, has closed $70 million in mid-round funding to scale its commercial operations across two continents. The company, which is based in Worcester, Massachusetts, doesn’t just recycle batteries. It’s also engineered a process to turn that recycled material back into critical battery materials […]

Near Space Labs closes $13M Series A to send more Earth imaging robots to the stratosphere

The decreasing cost of launch and a slew of other tech innovations have brought about a renaissance in geospatial intelligence, with multiple startups aiming to capture higher-quality and more frequent images of Earth than have ever before been available. Most of these startups, however, are focused on using satellites to collect data. Not so for […]

Inspiration4’s successful splashdown is just the beginning of private spaceflight for SpaceX

Just like that, they came back. The Inspiration4 crew made a triumphant splashdown on Saturday evening off the east coast of Florida, marking the close of the first completely private, all-civilian space mission. SpaceX’s Go Searcher recovery ship hauled the Crew Dragon capsule, dubbed Resilience, a little less than an hour after splashdown. The crew […]

Elon Musk praises Chinese automakers amidst regulatory scrutiny

An unusually scripted Elon Musk issued conciliatory and complimentary comments to Chinese automakers during a pre-recorded appearance at China’s World New Energy Vehicle Congress, striking a pose that is worlds away from his commentary style in the United States. “I have a great deal of respect for the many Chinese automakers for driving these [EV […]

Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

More spacecraft will be sent to orbit this year than ever before in human history, and the number of satellite launches is only anticipated to increase through the rest of the decade. Under these crowded conditions, being able to maneuver satellites in space and deorbit them when they reach the end of their useful life […]

Watch SpaceX launch the first all-civilian Inspiration4 mission to space live

After months of publicity, an NFT auction and even a Netflix docuseries, it’s finally here: the four-person crew of Inspiration4 will be heading to space today (weather permitting). What makes this launch different from any that came before it? None of the four people onboard are astronauts. The mission marks the first time that an […]

SpaceX, Blue Origin awarded NASA contracts to develop moon lander concepts for future Artemis missions

NASA has awarded a combined $146 million in contracts to five companies, including SpaceX, Blue Origin and Dynetics, to develop lander concepts as part of the agency’s Artemis program. The awards include $26.5 million to Blue Origin; $40.8 million to Dynetics; $35.2 million to Lockheed Martin; $34.8 million to Northrop Grumman; and $9.4 million to […]

Spaceflight will be ferrying payloads from Orbit Fab, GeoJump to lunar orbit next year

Space rideshare service provider Spaceflight Inc. is going to be shuttling customers on a lunar flyby mission next year, part of its long-term vision of giving companies easy access to lunar orbits and beyond. The Seattle-based company will be delivering payload using its propulsive transfer vehicle, Sherpa EScape, or Sherpa-ES, the latest iteration of Sherpa […]