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Maria Varmazes (0:01)
You're listening to the N2K space network.
Bryce Kennedy (0:08)
You say you'll never join the Navy, that you'd never track storms brewing in the Atlantic, and skydiving could never be part of your commute. You'd never climb Mount Fuji on a port visit or fly so fast you.
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Break the sound barrier.
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Joining the Navy sounds crazy. Saying never actually is. Start your journey@navy.com, america's Navy Forged by the Sea.
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Today is August 12th, 2025. I'm Maria Varmazes and this is T -T -20 seconds. Los Sedris go for deploy. LEO Labs has entered into a Space act agreement with NAS to evaluate the company's data and determine its applications for new NASA Conjunction assessment missions. NASA selects Cambrian Works and Catalyst Space Technologies to develop concept design studies for a possible orbit boost for the Neil Garrels Swift Observatory. The European Space Agency is deliberating moves to become less dependent on NASA programs. Inspace has selected a consortium led by Pixel Space to build a commercial sovereign constellation of Earth observation satellites. Rocket Lab has completed the acquisition of the parent holding company of geost. Our guest today is Bryce Kennedy, Space Connectivity Senior officer at the International Telecommunications Union. Bryce and producer Alice Carruth discussed emerging space economies and the role of the itu. Find more after today's headlines. Happy Tuesday, everybody. Thanks for joining me. Let's dive into today's briefing, shall we? Rocket Lab has completed the acquisition of the parent holding company of geost. The acquisition, which was first announced in May, was completed for $275 million before closing adjustments, comprising approximately $125 million in cash and over 3 million shares of Rocket Lab common stock, with an additional potential earnout of up to $50 million tied to future revenue targets of Geost's business. Geost technologies support missile warning and tracking, tactical intelligence, surveillance, reconnaissance, Earth observation and space domain awareness. Rocket Lab says that with the acquisition now complete, the company is now better positioned to bid for US national security programs such as the golden and the Space Development Agency's proliferated Warfighter Space Architecture. GEOST will continue to operate in Arizona and Virginia, expanding Rocket Lab's footprint across North America. The Indian National Space Promotion and Authorization center, known as Inspace, has selected a consortium led by Pixel Space to build a commercial homegrown constellation of Earth observation satellites. Inspace has invested more than 12 billion rupees, which amounts to nearly 137 million dollars or over the next five years for this project. The consortium also includes Peersight Space, Satcher Analytics India and Dhruva space, and together they will design, build and operate the satellites. The constellation aims to reduce India's dependence on foreign systems, including the widely used U.S. global Positioning System. And India is not the only nation looking to pull back dependence on United States technology. The European Space Agency's Director General, Josef Aschbacher has told media that Europe needs to become less depend on NASA's tech and exploration programs if it wants to keep its status as a major space power. The warning comes following proposed NASA budget cuts, which have a direct impact on ESA's programs. Around 95% of ESA's total 7.7 billion euro annual budget is independent of decisions made in the United States, but roughly half of the 600 million euro allotted for human and robotic exploration this year relies on NASA's current spending plans. ESA will be reassessing funding and international partnerships when the members meet in November to set ESA's next three year budget. NASA is exploring an opportunity to demonstrate technology to raise a spacecraft's orbit to a higher altitude if any of you caught the last episode of the Aerospace Corporation's monthly Nexus segment with us here on T minus, then this is sounding very good for cosmic and if you didn't catch the segment, well, we've added a link in the show notes called European VV27 Victory so you can go and take a listen. In any case, the US Space Agency has selected Cambrian Works and Catalyst Space Technologies to develop concept design studies for a possible orbit boost for the agency's Neil Garrel's Swift observatory. The spacecraft's low Earth orbit has been decaying gradually since its launch in 2004, and NASA says this lowering orbit presents an opportunity for the space agency to advance a US Industry capability while potentially extending the science lifetime of the Swift mission. The concept studies will help determine whether extending Swift's critical scientific capabilities would be more cost effective than replacing those capabilities with a new observatory. And LeoLabs has entered into a Space act agreement with NASA to evaluate the company's data and determine its applications for new NASA Conjunction Assessment, or CA missions. Under the agreement, NASA's Conjunction Assessment Risk Analysis, or CARA program, which performs CA for NASA, will receive LEO labs, satellite metric observations and radar cross section data, orbit determination and orbital safety products, and more. NASA will test LeoLabs data to ensure that it can integrate with the Department of Defense's Space Surveillance Network tracking data to produce a combined CA solution. And that just about wraps up today's top five stories. But as always, there is so much more going on in the space industry N2K senior producer Alice Gruth joins us now with some of the other stories that we are watching. Alice, don't we have a few launches later today?
