All articles tagged with #space sector
Rocket Lab shares jumped roughly 9% as space-related stocks rallied on policy support for space nuclear power, SpaceX IPO excitement, and NASA’s Artemis II milestone, signaling broad momentum for launch services and space infrastructure.
A new study highlights the increasing threat of "killer electrons" during geomagnetic storms, emphasizing the need for strengthened satellite infrastructure to mitigate potential space weather damages. High-energy "relativistic" electrons, known as killer electrons, pose a significant risk to satellites and understanding their activity patterns is crucial. The research provides benchmarks for preparing and safeguarding the expanding space sector, which plays a vital role in various industries and global communications. The study's findings are essential for satellite operators, manufacturers, insurers, and governments to assess and mitigate the risks posed by these electrons.
Prime Minister Narendra Modi has been a consistent champion of the Indian space sector, using his radio program Mann Ki Baat to inspire and motivate young listeners to embrace science and technology. Under his leadership, the Indian Space Research Organisation (ISRO) has made significant advancements, including the successful Mars Mission and the development of low-cost space technologies. PM Modi has emphasized the importance of space technology in economic development and improving government services. He has also encouraged the growth of the Indian space industry, opening up the sector to private enterprises and supporting space start-ups. Through Mann Ki Baat, PM Modi has highlighted the achievements of young innovators and inspired the youth to dream big in the field of space exploration.
BAE Systems, a British defense company, is set to acquire Ball Aerospace, a leading US space and defense supplier, in a $5.55 billion deal. The acquisition will strengthen BAE's position in the space sector, where Ball is a top-ranked supplier. The deal is subject to regulatory approval and is expected to be completed in the first half of 2024.