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Rocket Report: SpaceX launch delayed indefinitely; Virgin Orbit cancels funding round - Ars Technica
Dec 02, 2022 1 min, 51 secs
"Any future capital raising transactions will depend upon future market conditions." Previously, in October, Virgin Orbit CEO Dan Hart said the company was seeking to raise additional capital after going public as a special purpose acquisition company, or SPAC.

ABL debut launch attempt is scrubbed.

That was the final launch attempt available to ABL until the company’s next series of launch dates begins on December 7.

NASA said it selected Rocket Lab to provide the launch service for the agency’s Time-Resolved Observations of Precipitation Structure and Storm Intensity with a Constellation of Smallsats, or TROPICS, mission.

Rocket Lab will launch four CubeSats for NASA on two Electron rockets, targeted for no earlier than May 1.

The launch of the first two TROPICS satellites, earlier this year on an Astra rocket, failed.

The 6-meter-tall rocket reached an altitude of 89.5 km, as planned by the company, officials with the Indian startup said.

The company said it has successfully mated the first and second stages of the Terran 1 rocket ahead of a debut launch.

Upcoming milestones to track: rollout, static fire, and launch," the company said in its newsletter.

The company also said it completed thrust vector control testing.

However, the company is in good position to test its additively manufactured rocket early in 2023, perhaps even in January.

Phantom Space—yes, the Phantom Space co-founded by Jim Cantrell—has received a "task order" from NASA to launch four CubeSats on the company's Daytona rocket.

The CubeSats will launch no earlier than 2024, NASA said, as part of the agency’s Venture-class Acquisition of Dedicated and Rideshare (VADR) program.

NASA will not launch any high-value satellites through VADR, which the agency says allows it to procure "commercial launch services for payloads that can tolerate higher risk." There are currently 13 companies eligible to bid on VADR launch contracts, including established firms such as SpaceX and ULA, and less-established firms such as L2 Solutions in Houston.

It will be interesting to see if Phantom Space can succeed in lofting the CubeSats for NASA.

That change would matter for project approvals and funding decisions for the Southern Launch spaceport.

The Southern Launch chief executive, Lloyd Damp, said the company had engaged “pre-eminent independent experts” as part of its environmental impact statement.

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