"Unstoppable Industry Growth" - Space Symposium 2024

Space Symposium 2024 coverage from SpaceNews

Today is the first day of the 39th Space Symposium in Colorado Springs, Colorado. SpaceNews will be here reporting all week to share the highlights of the conference. For full coverage, visit SpaceNews.com.  Budget woes just a blip for unstoppable space industry growth Recent high-profile layoffs are only a short-term setback for a space industry on track for more unprecedented growth in workforce and revenues, according to panelists joining the Space Foundation's quarterly investment discussion April 8. Do Look Up (Carefully) The first day of the 39th Space Symposium coincided with the first total solar eclipse in the continental United States since 2017. While Colorado Springs was not in the path of the totality, conference attendees were able to witness the moon transit the sun. Office of Space Commerce calls for international cooperation in space situational awareness The U.S. Office of Space Commerce is eager to work with other nations to establish a global, coordinated space situational awareness (SSA) system. It's clear "the U.S. alone can't solve these problems," Richard DalBello, Office of Space Commerce director, said at the 39th Space Symposium. "These problems are bigger than our borders because we are all operating in international space." 'State of the Space Industrial Base' highlights supply chain and workforce challenges The annual "State of the Space Industrial Base" report, released April 8, emphasizes the role of the commercial space industry in preserving America's leadership in space. The collaborative report paints a picture of a dynamic, rapidly evolving space industry that is essential for both national security and economic competitiveness. Spire deploying space traffic management tools across fleet Spire Global is adopting Portuguese software startup Neuraspace's space traffic management (STM) services for the more than 100 small satellites it operates across low Earth orbit. Pentagon ramps up investments in solid rocket motor suppliers to bolster domestic industry The Defense Department is directing investments towards a cadre of newer entrants in the solid rocket motors market.These bets on new suppliers come amid concerns about overreliance on a shrinking pool of domestic suppliers and a surge in demand for these solid rocket motors, a key component in hypersonic weapons, conventional and nuclear missiles. Spacebilt and Phison to send powerful data server to ISS Spacebilt announced an agreement April 8 with Phison to qualify a powerful data server on the International Space Station. SAIC lands Pentagon contract for AI-powered small satellite, partnering with GomSpace  U.S. defense contractor SAIC has landed its first contract with the Pentagon to integrate a small satellite, leveraging a partnership with spacecraft manufacturer GomSpace. The contract of undisclosed value — awarded by the Office of the Secretary of Defense's Manufacturing Science and Technology Program — tasks SAIC with developing and deploying a satellite to demonstrate cutting-edge technologies in space. Copyright © 2024 Multiverse Media Inc., All rights reserved. You signed up to receive this newsletter on Spacenews.com. At times you may receive marketing material. Our mailing address is: Multiverse Media Inc. 100 Fillmore St. 5th Floor Denver, CO 80206 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.