Boeing Appoints New CEO to Tackle Crisis and Drive Recovery On Wednesday, Boeing [BA.N] announced the appointment of Kelly Ortberg as its new CEO. Ortberg, an aerospace industry veteran, is tasked with steering the company out of its current legal and regulatory troubles after a challenging quarter marked by a $1 billion loss. His tenure begins on August 8. A New Chapter Amidst Challenges Ortberg faces the daunting challenge of rebuilding trust with regulators, the industry, and the public amid a quality crisis. Boeing’s financial chief has warned of continued cash burn. Earlier this year, an Alaska Airlines-operated Boeing MAX…
Author: Kanika Sharma
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https://youtu.be/XJaoxEURVOQ SpaceX Rockets Could Soon Land Near Australia SpaceX, the aerospace firm led by Elon Musk, is reportedly in discussions to land its massive Starship rockets near Australia. Sources from Reuters reveal that these plans follow a recent test in June, where a controlled splashdown was conducted in the Indian Ocean. Strengthening US-Australia Ties This potential development coincides with efforts by the US and Australia to bolster their security relationship in response to China’s growing influence. For the plan to move forward, the US would need to ease strict regulations governing the overseas use of the advanced technologies integrated into…
NASA and SpaceX Plan Crew-9 Mission to the ISS for August 18 NASA and SpaceX officials have announced plans to launch the SpaceX Crew-9 mission to the International Space Station (ISS) no earlier than Sunday, August 18. The announcement was made during a news conference on Friday. Crew-9 is the ninth crew rotation mission to the ISS under NASA’s Commercial Crew Program. Crew-9 Mission Details The Crew-9 mission will carry a diverse team of astronauts for a six-month science mission on the ISS. The crew includes: Zena Cardman (NASA), spacecraft commander Nick Hague (NASA), pilot Stephanie Wilson (NASA), mission specialist…
Falcon 9 Rocket Cleared for Return to Space After Mid-Flight Failure The U.S. aviation regulator has cleared SpaceX’s Falcon 9 rocket to return to space following a rare mid-flight failure. The Federal Aviation Administration (FAA) announced on Thursday that the rocket can resume flight operations despite an ongoing investigation. Details of the Anomaly The FAA stated that the anomaly during the failed July 11 launch posed no public safety issues. This failure marked the first in over seven years for Falcon 9, which is the world’s most frequently used rocket. The rocket broke apart in space, causing the loss of…
Mercury’s Hidden Diamond Mantle: A New Discovery Unveiling Mercury’s Diamond Mantle Scientists have uncovered a stunning secret about Mercury, the smallest planet in our solar system. Data from NASA’s MESSENGER spacecraft suggest that a 10-mile-thick diamond mantle might lie beneath Mercury’s crust. This discovery sheds light on Mercury’s unique characteristics, including its dark surface and dense core. Carbon-Rich Beginnings Mercury has long puzzled scientists due to its unusual qualities, such as its premature volcanic end and the presence of graphite patches on its surface. These patches led scientists to hypothesise that Mercury once had a carbon-rich magma ocean. This ocean…
India to Establish ₹1,000 Crore Fund to Boost Space Technology Finance Minister Nirmala Sitharaman announced in her Budget speech on Tuesday that the government will establish a ₹1,000 crore venture capital fund to promote space technology. This initiative aims to expand India’s space economy five-fold over the next ten years through increased private sector participation. Ambitious Growth Targets India’s space economy currently stands at around $8 billion. The government targets an ambitious growth, aiming to elevate this to $44 billion by 2033. Reforms initiated in 2020 have significantly increased private sector involvement in the space sector. IN-SPACe: Facilitating Growth The…
Chip Stocks in Asia Plunge Amid U.S. Export Curbs TSMC Leads Decline in Asian Chip Stocks Asian chip stocks dropped sharply on Thursday, following a significant selloff on Wall Street. This decline was triggered by a report indicating that the United States is considering tighter restrictions on the export of advanced semiconductor technology to China. Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, was severely impacted. Over the last two days, TSMC’s market value decreased by approximately T$2 trillion ($61.35 billion). This decline was compounded by both the U.S. curbs and comments from U.S. Republican presidential nominee Donald…
SpaceX Falcon 9 Suffers Rare Malfunction During Starlink Mission Engine Malfunction in Space On Thursday night, SpaceX’s Falcon 9 rocket experienced a rare engine malfunction during a routine Starlink mission. This incident jeopardised the satellites and marked the company’s first rocket failure in over seven years. Failed Second Stage Ignition About an hour after launching from Vandenberg Space Force Base in California, the SpaceX Falcon 9 second stage failed to reignite in space. This malfunction resulted in the deployment of 20 Starlink satellites into a much lower orbit than intended. These satellites now face the risk of burning up in…
Federal Judge Blocks NLRB Claims Against SpaceX Over Severance Agreements A federal judge in Texas has temporarily blocked the National Labor Relations Board (NLRB) from pursuing claims against Elon Musk’s SpaceX. The NLRB alleges that SpaceX forced workers to sign illegal severance agreements. This block will remain until the outcome of SpaceX’s challenge to the agency’s structure is decided. Judge’s Decision and SpaceX’s Argument U.S. District Judge Alan Albright, based in Waco, Texas, announced his decision at the end of a 40-minute hearing. He stated he would grant a temporary block on the NLRB’s administrative case. SpaceX argued that facing…
Europe Reaches New Heights with Ariane 6 Rocket Launch Successful Debut Flight Europe celebrated a significant milestone as the Ariane 6 rocket successfully completed a series of trials during its debut flight. The launch, which took place on Tuesday, marked Europe’s return to space. Despite a minor hitch at the end, European space officials hailed the mission as a success. Independent Access to Space Restored The Ariane 6 rocket lifted off from French Guiana at around 4 p.m. local time (1900 GMT). This event restored Europe’s independent access to space after a series of delays, political setbacks, and funding debates.…
