Category: Commercial

Chinese commercial launch startup iSpace raises $172 million
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Chinese commercial launch startup iSpace raises $172 million

The private launch industry isn’t showing any signs of slowing down, and a new $172 million Series B round of funding for China commercial launch startup iSpace indicates it could be heating up internationally. The new funding was led by Beijing Financial Street Capital Operation Center, CICC Alpha, Taizhonghe Capital and includes participation from existing…

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Commercial real estate could be in big trouble — even after this is all over
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Commercial real estate could be in big trouble — even after this is all over

Commercial real estate owners, brokers, and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. To state the obvious, extracting rent from nearly anyone right now…

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NASA confirms Commercial Crew still a priority, but James Webb Telescope testing and other activities paused
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NASA confirms Commercial Crew still a priority, but James Webb Telescope testing and other activities paused

NASA Administrator Jim Bridenstine has been sharing regular updates about how his agency is approaching the rapidly changing global coronavirus pandemic situation. This week, NASA escalated its response multiple times due to changing circumstances, including changing the state of working conditions at all of its facilities across the country. On Friday the agency summarized the…

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Commercial space is going mainstream in 2020
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Commercial space is going mainstream in 2020

2019 was a packed year for commercial space and space startups, but 2020 isn’t likely to see any kind of slowdown. In fact, it’s going to get a lot busier in a few key ways that could have the effect of driving even more enthusiasm, energy and funding into the emerging space tech industry. The…

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