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November 15, 2023 | International, Aerospace

Elon Musk denies report of potential Starlink IPO in 2024 | Reuters

Elon Musk on Wednesday denied a report that his rocket company SpaceX was discussing an initial public offering (IPO) for its satellite internet business, Starlink, as soon as 2024.

https://www.reuters.com/business/aerospace-defense/spacex-discusses-spinning-off-starlink-via-ipo-soon-2024-bloomberg-news-2023-11-15/

On the same subject

  • US Army Deploys New Battlefield Counter-UAS Capability

    June 25, 2019 | International, Aerospace

    US Army Deploys New Battlefield Counter-UAS Capability

    Author: Mike Rees The U.S. Army has announced that its Howler counter unmanned aerial system (UAS) capability has achieved Initial Operational Capability, putting critical protection against drones in the hands of soldiers. Howler, a name coined by the U.S. Army, combines the capabilities of Raytheon's Ku band radio frequency system multi-mission simultaneous radar and Coyote unmanned aircraft system. The KuRFS advanced electronically scanned array acquires and tracks all size UAS threats. Coyote works with KuRFS using its advanced seeker and warhead to identify and eliminate UAS threats. “We developed and fielded this system in just 17 months,” said Bryan Rosselli, vice president of Mission Systems and Sensors. “Detecting the drone threat is the first critical step in the counter-UAS kill chain. The combination of precise tracking and engagement of these two proven systems gives the U.S. Army a vital capability to defeat this constantly evolving threat.” In addition to providing advanced situational awareness, precise discrimination and mobility to successfully counter UAS threats, Howler gives the Army singular flexibility to adapt to the quickly changing, multidimensional threat environment. “Test after test proves that our Coyote is an integral solution for defeating the growing number of enemy drones in the skies above the battlefield,” said Sam Deneke, Raytheon Land Warfare Systems vice president. “Protecting soldiers on the ground is a top priority, and this new system truly delivers.” Raytheon's portfolio of sensors, and kinetic and non-kinetic effectors networked into a command and control system covers the full counter-UAS kill chain. https://www.unmannedsystemstechnology.com/2019/06/us-army-deploys-new-battlefield-counter-uas-capability/

  • Ukraine aerospace sector's push for Western tie-ups met with skepticism | Reuters

    December 5, 2023 | International, Aerospace

    Ukraine aerospace sector's push for Western tie-ups met with skepticism | Reuters

    Aerospace group Motor Sich has little to show so far for a wartime effort to woo potential partners in the West, as it seeks new direction after it lost Russia as its biggest client and had a China tie-up blocked.

  • Specialists to arrive in Ukraine to plan air defence production, presidential aide says | Reuters

    October 1, 2023 | International, Naval, Security

    Specialists to arrive in Ukraine to plan air defence production, presidential aide says | Reuters

    Specialists will arrive in Ukraine in the near future to draw up plans to establish production of military equipment including air defences, the Ukrainian president's chief of staff told reporters on Friday.

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