Friday, October 9, 2026

A path to an IPO for Blue Origin?

Plus: Another contract for BlackSky
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

10/09/2026

READ IN BROWSER

SpaceNews logo
SpaceNext First Up newsletter logo

The updates your team needs to make smart decisions: Set up SpaceNews access for five or more readers and save more than 25%. Learn more.

By Jeff Foust


In today's edition: commercial space station developers consider a future without Crew Dragon, Jeff Bezos says Blue Origin is on a path to an IPO, Planet and BlackSky win more business from sovereign customers and more. 


If someone forwarded you this edition, sign up to receive it in your inbox every weekday. Have thoughts or feedback? You can hit reply to let me know.


📲  Download the SpaceNews mobile app


FROM SPACENEWS

Download the latest SpaceNews Intelligence report,

Explore the themes connecting space unicorns: The number of private companies valued at $1 billion or more has rocketed as the maturing space industry draws deeper pools of capital from asset managers, sovereign wealth funds and other institutional investors. Read the latest SpaceNews Intelligence report to track where investors see the biggest opportunities. Download now.

Top Stories


Commercial space station developers have varying degrees of optimism that crew access to their stations will be possible once SpaceX retires Crew Dragon. During a panel discussion at the International Astronautical Congress this week, executives from companies working on commercial space stations, such as Starlab Space and Vast, said they expect NASA to ensure there is crewed access through vehicles like Starliner, noting the importance of human spaceflight to low Earth orbit extends beyond their stations. However, Axiom Space expressed concern, noting their planning has focused on Crew Dragon with no alternative options. Blue Origin has been working on designs for its own crewed vehicle, but a company executive said on the panel it does not plan to fund work on it internally, noting the need to work with NASA to ensure it meets agency certification requirements. [SpaceNews]


The U.S. Space Force is looking for new ways to track emerging technologies and the flow of private capital. The service's innovation arm, SpaceWERX, selected startup USAX for a $1.49 million Direct-to-Phase 2 Small Business Innovation Research contract to develop its Provenance Engine, aimed at giving decision makers a clearer picture of technology development, investment activity and opportunities for government and private-sector collaboration. The platform combines information from multiple sources into a common analytical framework, then applies weighting and scoring to help decision makers assess financial relationships and investment exposure. [SpaceNews]


Blue Origin is expanding in Texas as the company's founder says it is on a path to going public. The company announced Thursday it will build a manufacturing complex called Constellation Park in central Texas, spanning 120,000 square meters. The facility, with an estimated cost of more than $550 million, will be used to support production for TeraWave, the company's broadband constellation, and its Quartz network of ground stations. The announcement came a day after Jeff Bezos said in an interview that he opened up Blue Origin to outside investment for the first time in a new $10 billion round because he sees "the financial future of Blue with some clarity now." He added that he expects Blue Origin to go public someday, although he said that could be in several years. [SpaceNews]


Earth observation company Planet is moving to address growing sovereign demand. The company recently opened a satellite production line in Berlin to support European customers and announced a series of deals with European and Japanese customers. As Planet addresses increasing defense and intelligence demands, company leaders are developing tools to pair the extensive Earth observation data provided by their fleet of 150 to 200 satellites in low Earth orbit with the analytical power of artificial intelligence for commercial and civil applications. [SpaceNews]


BlackSky, another Earth observation company, announced Thursday a contract with an unnamed international intelligence agency. The contract, which the company said only was in the six figures, covers delivery of global on-demand high-resolution imagery for what the company called a sovereign partner in a "critical strategic region." BlackSky's international business is growing rapidly as countries look for ways to ensure sovereign access to Earth-observation imagery and data. [SpaceNews]


Lithuanian startup Astrolight has successfully commissioned a space-to-ground laser communication link. Its ATLAS-1 laser communication terminal aboard ERMIS-3, an 8U cubesat led by the National and Kapodistrian University of Athens, successfully connected with an optical ground station in Greece. This was the first time Astrolight has delivered a space-to-ground laser communication link to a customer and is also the first in-orbit operation of Astrolight's ATLAS-1 laser terminal. ATLAS-1 currently transmits data at 1 gigabit per second (Gbps), but Astrolight says link budget margins show that the system could support rates of up to 10 Gbps. [SpaceNews]


Other News


Crew-12 successfully returned to Earth on Thursday, completing a nearly eight-month mission. The Crew Dragon spacecraft Freedom splashed down off the coast from Los Angeles at 11:34 a.m. Eastern, 27½ hours after undocking from the International Space Station. The spacecraft returned to Earth NASA astronauts Jessica Meir and Jack Hathaway, ESA astronaut Sophie Adenot and Roscosmos cosmonaut Andrey Fedyaev. Adenot set a record for the longest spaceflight by a European astronaut at 237 days. NASA and SpaceX are turning their focus to a cargo Dragon mission, SpX-35, scheduled to launch to the station on the morning of Oct. 13. [SpaceNews]


SpaceX has acquired spectrum that could allow the company to augment its direct-to-device services. The company said Thursday it is paying $8 billion to acquire up to 14 megahertz of spectrum in the 800-megahertz band from Grain Management LLC, an investment company. SpaceX said that will allow the company to provide services indoors, where its current satellite spectrum does not work. SpaceX CEO Elon Musk called the deal "the last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America." [Wall Street Journal]


President Trump bought at least $1 million in SpaceX debt around the time he approved a new national space transportation policy. According to financial disclosures, Trump bought between $1 million and $5 million of SpaceX bonds in August that the company sold this summer to finance its artificial intelligence data centers. Two days later, Trump signed the new space transportation policy that features measures designed to support increased launch rates, with a goal of 1,000 launches and landings a year by 2030. A White House spokesperson said that Trump's portfolio is managed independently by third parties but did not say who decided to buy the SpaceX bonds. [Washington Post]


South Korea is preparing to establish a space command in its military. The chairman of South Korea's joint chiefs of staff said the military was planning to create a space command. The military first plans to create a dedicated electromagnetic warfare unit next year whose activities would include space. [Seoul Economic Daily]


Drake Maye committed another turnover by suggesting NASA didn't land on the moon more than 50 years ago. In a sports talk radio interview this week, the New England Patriots quarterback said he was "a little bit skeptical" about the Apollo landings when asked about conspiracy theories, adding "I'm not really sure 200% if we went there or not." His comments prompted a response from NASA Administrator Jared Isaacman on social media: "I quite literally have the receipts." [WCVB-TV Boston]


Crazy Talk


"Our goal is to fly every day, and then once we're flying every day, we want to fly every hour, and then once we're flying every hour, we want to fly every minute. And by the way, that's where I lose the team. They think I'm crazy that we're going to fly every minute."


– Blue Origin founder Jeff Bezos discussing his long-term launch ambitions during a Fox News interview this week.


FROM SPACENEWS

Learn more about our Stellar Dispatch press release distribution service

Unlike traditional press wires, Stellar Dispatch ensures your message gets in front of industry leaders and decision-makers. Reach thousands of professionals directly, get enhanced search visibility and maximize your distribution. Make your first post today for $899, or save with our plans that include multiple posts. 

Subscribe to SpaceNews



No comments:

Post a Comment

Top Stories: Work on Artemis 3 is outpacing earlier missions

Plus: New incentives for signing the Artemis Accords  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...