Transcript
Maria Varmazes (0:01)
You're listening to the N2K space network.
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Maria Varmazes (0:41)
Today is June 5, 2025. I'm Maria Varmazes and this is T minus.
Dr. Andy Aldrin (0:49)
T minus 20 seconds at losing.
Maria Varmazes (1:00)
I Space's Resilience lunar probe is due to touch down moon's surface. Voyager Technologies has closed a $200 million syndicated credit facility led by JP Morgan. Planet Labs published their financial results for the period ended April 30, 2025. The commercial space Federation has formed a new Space Supply Chain Council. Russia plans to integrate its Gigachat artificial intelligence model into IT systems on the international space and our guest today is Dr. Andy Aldrin, CEO and President of the Aldrin Family Foundation. Andy gave us an update on the Foundation's latest funding, so stick around to find out what they're planning to do with it later in the show. Happy Thursday everybody. Let's dive into today's intel briefing. The head of Roscosmos has shared that Russia plans to integrate its homegrown Gigachat artificial intelligence model into IT systems on the International Space Station. Gigachat was developed by Russia's largest bank, Spare bank, and is one of Russia's two large language models, or LLMs. Roscosmos says it will be used to assist the crew with processing satellite imagery and increasing the maximum resolution from 1 meter per pixel to just half a meter per pixel. SpareBank is focusing on developing AI agents which are goal directed generative AI systems designed to process information, make decisions and take actions without direct, constant human input. Roscosmos chief Dmitry Bakanov said that the next mission to the ISS this autumn will deliver everything needed for the model to function. And we should note this will not be the first LLM on board the orbiting lab. Booz Allen deployed a generative AI LLM on the ISS in collaboration with NASA and using a Hewlett Packard Enterprise Spaceborne Computer 2 just last year. We're sure it's just the start of the battle for AI superiority in space. The Commercial Space Federation has formed a new Space Supply Chain Council. It'll be known as S2C2 and the new initiative will bring together manufacturers, logistics providers and innovators to strengthen the commercial space supply chain. CSF, or the Commercial Space Federation, says that S2C2 will work to define industry sector priorities, recommend policy positions and provide updates on specific topics that impact the organization's members. S2C2 joins CSF's six existing industry councils that cover topics including launch and reentry, commercial low Earth orbit, space exploration, space ports and infrastructure, remote sensing and analytics, and space situational awareness. The S2C2 is actively seeking representative member organizations and more details can be found by following the link in our show Notes Planet Labs published their financial results for the period ended April 30, 2025. First quarter revenue for the Earth Observation Company increased 10% year over year to a record $66.3 million. Their impressive balance sheet grew to approximately $226.1 million of cash, cash equivalents and short term investments as of the end of the quarter. Planet Labs continues to secure and expand contracts with international customers and is offering new products that expand their space based intelligence insights including a new aircraft detection analytic feed and new hyperspectral data from the Tanager 1 and Pelican 2 satellites. Voyager Technologies has closed a $200 million syndicated credit facility led by JP Morgan and if you're not versed in what a credit facility is, fear not. You are definitely not alone. We searched and found this great definition. A credit facility is a flexible financing arrangement like a line of credit that allows a borrower to access funds up to a pre approved limit rather than a traditional lump sum loan. Now Voyager says net proceeds will allow them to continue to scale defense, national security and space solutions businesses in support of customer demand, effectiveness of the commitments and availability of funds under the syndicated credit facility are subject to the terms of the credit agreement. And at the time of publishing today we're going to be glued to our screens to watch the ISPACE resilience lunar landing. So we have this little window of time between when I record the show around midday and then when it goes to air later in the day. And of course the landing is timed to be perfectly in that little window, so the timing's a smidge awkward. So by the time you are hearing my voice, the landing will have occurred already or not. So in light of this very awkward timing, let's cover all our bases, pick the one that applies since you feature listener presumably know how it all goes. If it all goes to plan, and I certainly hope that it does, then hooray. Congratulations, Ispace. And if it doesn't, then, well, space is hard and better luck next time. But still not exactly an easy feat getting spacecraft to the moon in the grand scheme of things, now, is it? All in all, amazing achievements for Mission 2 all around. Regardless of what happens, we will go into depth about what did or didn't or should have or shouldn't have happened in tomorrow's show. Of course. In the meantime, did you see Ispace's version of Earthrise? It is gorgeous. On May 27, Resilience looked back at us from lunar orbit, taking in a whole new view of Earthrise from the moon. And it is almost too high a definition to look real, but it sure is. We'll be bringing you more on the I Space lunar landing on tomorrow's show. And honestly, I cannot wait for that. You know who else cannot wait for the lunar landing? Well, it's N2K senior producer Alice Carruth who joins us now.
