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SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm […]
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It appears single-digit revenue multiples are all that’s within reach of unprofitable tech companies with growth rates in the low double-digits.
Earlier this month, a suspected Chinese spy balloon drifted over much of the continental United States before an F-22 military fighter jet shot it down off the east coast. The event has put a massive strain on the already-fragile U.S.-China relations, with China maintaining that the errant balloon was simply collecting weather data. Shooting down […]
Balloon expert explains the challenges of shooting down China’s suspected spy balloon by Aria Alamalhodaei originally published on TechCrunch
https://www.youtube.com/live/9Tv6pbDCmLk?feature=share Relativity Space is gearing up for its second launch attempt of the Terran 1 rocket, wasting no time after scrubbing the first attempt earlier this week. The company returns to the launch pad at Cape Canaveral with the goal of making history: sending the worlds first majority-3D printed rocket to orbit. The first launch […]
Watch Relativity attempt to launch Terran 1…again by Aria Alamalhodaei originally published on TechCrunch