Transcript
Maria Varmazes (0:01)
You're listening to the N2K space network.
Dave (0:10)
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Maria Varmazes (0:54)
Today is February 28th, 2025. I'm Maria Varmazes and this is T min T minus 20 seconds. The Aerospace Corporation has demonstrated the first optical cross link between a pair of 6U cubesats in low Earth orbit. 4 Sierra Space and Merck plan to conduct experiments to identify new ways to deliver cancer therapies to patients on Earth. During the Dream Chasers inaugural mission to the International Space Station, Vardas Space has retrieved their W2 capsule from the Kuniba test range after completing the first commercial space re entry in Australia. Skylo has raised $30 million in an oversubscribed funding round. Rocket Lab shares financial updates and pushes back the Neutron's inaugural flight to the second half of the year. And on Fridays, our partners at NSF bring us the Space Traffic Report, rounding up the launch news from the last week and taking a look at what we can look forward to in the coming days. Stick around for the latest launch news after today's intelligence briefing. And we're kicking off this Friday intel briefing for you with a financial update from Rocket Lab. Despite the company posting a 121% increase in revenue year over year, stock in the launch company dipped after trading. I'm sure you're all asking what I'm asking. Why? Well, it seems that investors were not happy with 2025 Q1 guidance or the fact that Rocket Lab's medium lift vehicle Neutron has had its inaugural launch pushed back into the second half of the year. But it's certainly not all doom and gloom for Rocket Lab. They used the investors call to share details of a new ocean landing platform and announced a multi launch deal with iqps. Rocket Lab has purchased a barge that will serve as a landing platform for the Neutron which they have dubbed Return on Investment. And that is a great name. We have come to expect that from Rocket Lab. After all, the barge is about 120 meters long and will be converted into a landing platform for missions starting in 2026. As for the deal with Japan's Kyushu Pioneers of Space or iqps, the newly signed deal follows an earlier multi launch contract from 2024 and brings the total number of booked dedicated electron launches for IQPs to eight across both bulk orders. Six missions are scheduled for launch in 2025 and two in 2026. Can we also note that the pushback on the Neutrons launch schedule is minor? It was due to launch this summer and we believe that the stock will bounce back for Rocket Lab very soon. Skylo has raised $30 million in an oversubscribed funding round. The company is working to deliver commercially available seamless direct to device satellite connectivity and the US based company has expanded its commercial coverage area with the addition of Brazil, Australia and New Zealand, plus additional regions. After having just introduced its service on major Tier one smartphones and partner carriers, Skylos says it has the world's largest standards based direct to device network, enabling smartphones, vehicles and IoT devices to connect via satellite when cellular networks are unavailable. Let's head on over to Australia now and Varda Space has retrieved their W2 capsule from the Kuniba test range after completing the first commercial space RE entry in Australia. The recovered capsule is undergoing processing with Varda's payload partners at Southern Launches facilities before it is returned to Varda's Los Angeles headquarters for further analysis. The W2 capsule carried a spectrometer built by the Air Force Research Laboratory and employed a heat shield developed in collaboration with NASA' Ames Research center in California Silicon Valley. The AFRL spectrometer known as osprey, which stands for Optical sensing of plasmas in the RE entry environment, recorded spectral emission measurements of the reentry plasma environment around the capsule as it RE entered the Earth's atmosphere at speeds in excess of Mach 25. Hot dang. We look forward to hearing more on that research once it is shared. Sierra Space is working with Merck to conduct experiments that could identify new ways to deliver cancer therapies to patients on Earth. During the Dream Chasers inaugural mission to the International Space Station, the companies plan to conduct an investigation of experimental formulations of monoclonal antibody therapies for cancer. The research aims to leverage the effects of microgravity to develop high concentration amorphous suspensions, paving the way for improved therapeutic drug delivery methods. New formulations could allow for injections administered subcutaneously rather than through intravenous transfusion. Additional potential benefits include the creation of therapies with greater stability, potentially enabling storage without the need for refrigeration Dream Chaser is expected to launch no earlier than May of this year and the Aerospace Corporation has demonstrated the first optical crosslink between a pair of 6U cubesats in low earth orbit. Aerospace Corp. Says the outcome of the test enables small satellites to operate collaboratively in formations, unlocking new possibilities for commercial and government missions. The demonstration used primarily commercial off the shelf parts and a 2 1/2 unit laser communication terminal to perform bidirectional Data transfer between two cubesats at distances of up to 348 miles. Data rates of 312.5 Mbps uncorrected were achieved with error free transmission at 25 Mbps. And I know people unable to get that while firmly on the ground. So congratulations to the Aerospace Corporation. And that concludes today's top five intelligence briefing. N2K senior producer Alice Carruth has more on the stories that we didn't have time to mention.
