CONNECT WITH US
Tech

Tech

You know the launch market is tough when satellite companies start building rockets

Ars Technica - Tech logo

Published on

Add as a preferred source on Google
You know the launch market is tough when satellite companies start building rockets

There are optimistic plans for spaceflight, and then there are optimistic plans.

AST SpaceMobile is a Texas-based, publicly traded company building very large satellites to provide direct-to-cell communications on Earth. But it has been having trouble finding rides to space. So on Friday, AST announced that it is developing a medium-lift rocket, named Blacklift, which will have the capacity to lift 20 metric tons to low-Earth orbit. Oh, and the company said it would start launching commercially in late 2028.

"The Blacklift rocket is the springboard to significantly expand our total addressable market, providing AST SpaceMobile with regular unconstrained access to orbit and providing for most favorable owner's economics in the industry," said Abel Avellan, founder, chairman, and CEO of AST SpaceMobile, in a news release.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.