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Russia’s Soyuz rocket has also suffered under the sanctions against Russia over its war in Ukraine, bringing into question the fate of its space programme's funding.

While the rocket had already been facing rising competition from new launch vehicles, the latest moves accelerate the shift away from Soyuz, opening the door for U.S. and European firms such as SpaceX, Rocket Lab and Arianespace.

Russia is rapidly cutting itself off from much of the global space industry in response to Western sanctions due to the invasion of Ukraine.

Russia’s ongoing war with Ukraine is casting a pall over the former’s economy and place on the world stage.

As the New Space sector becomes more robust, various industries are looking to push what is possible and encourage an innovative future that will allow humans to explore deeper into space.

McLean, Virginia (PRWEB) March 01, 2022 -- The Mobile Satellite Users Association (MSUA), a global not-for-profit focused on amplifying the voice of the

The mission’s failure to reach orbit highlighted the challenges of breaking into the space business, especially for companies that are publicly traded on the stock market.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

May 6, 2021 The pandemic, along with its impact on the global economy and our lifestyles, has not halted the everlasting aspiration we have to explore unknown territories outside our atmosphere. On May 2, SpaceX, the spaceflight company owned by business magnate Elon Musk, safely returned four astronauts to Earth, making the first United States crew splashdown in darkness since the Apollo 8 moonshot in 1968, according to the Associated Press. “After 167 days in space, the longest duration mis...

Last week’s SATELLITE 2021 LEO Digital Forumfeatured many of the industry’s big hitters in a debate about how Low-Earth Orbit (LEO) satellite technologies and services will shape the future of the industry. Below, we list the 10 most essential moments and talking points to emerge from the series of presentations and group discussions that took place during the one-week event. Telesat’s Dan Goldberg Says Ground Terminal Technology has Significantly Evolved During the Past Year. Telesat CE...