Scottish spaceport closer to launch after land lease signed

Plans to open a new spaceport in Sutherland in Scotland have moved closer to final approval: The real estate companies working on the deal have signed a 75-year lease for the land to be used for Space Hub Sutherland, which will look to launch small satellites via private launch services from companies including startup Orbex, […]

Richard Branson’s Virgin Galactic will be the first publicly traded company for human spaceflight

The race to become the first publicly traded company dedicated to human spaceflight is over, and Virgin Galactic has won. The company will be listing its shares on the New York Stock Exchange through a minority acquisition made by Social Capital Hedosophia, the special purpose acquisition company created by former Facebook executive Chamath Palihapitiya as […]

TransferWise’s new debit card for the US fires the starting gun on a new war for travelers

International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it has already launched in the UK and Europe last year, the card will work in over 40 currencies without balance limits, and conversion fees will be competitive […]

Oil and gas giants Chevron and Occidental are backing tech to combat carbon emissions

Carbon Engineering, a Canadian company developing technology to remove carbon dioxide from the atmosphere and process it for use in enhanced oil recovery or in the creation of new synthetic fuels, has locked in financing from two big industry backers — Chevron and Occidental Petroleum — to bring its products to market. The undisclosed amount […]

SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund

SoftBank CEO Masayoshi Son says the company won’t walk away from its existing commitment with the Saudi Arabian royal family — the largest LP in its $100 billion Vision Fund — but the firm will wait on the outcome of an investigation into the death of journalist Jamal Khashoggi before deciding on whether to continue the […]

Blue Origin could charge $200k-$300k for a trip to space

How much would you pay to leave our dumpster fire of a world for just a few minutes? Blue Origin is considering charging $200,000 to $300,000 according to a Reuters report. For that price, passengers would get a seat on Blue Origin’s New Shepard, the commercial space vehicle from Jeff Bezos’ rocket company. The rocket […]

Virgin Galactic successfully tested its rocket-powered spacecraft today for the first time since 2014

Virgin Galactic took to the skies today for the first test of its rocket-powered spacecraft in over three years. The SpaceShipTwo launch platform deployed the USS Unity at a set altitude where the space craft will fire its engines for as long as 30 seconds bringing the craft to 1 1/2 the speed of sound. […]