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TechCrunch Space: Star spangled

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Max Q space stars
Image Credits: TechCrunch

Hello and welcome back to TechCrunch Space. I hope everyone has a fantastic July 4 this week. Go eat a hot dog.

Read my story from last week on the causes of Starliner’s additional delay and what it might mean for Boeing’s Starliner program.

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Story of the week

The indisputable story of the week is the massive $843 million contract NASA awarded to SpaceX to develop the vehicle that will deorbit the International Space Station. Once the station enters the Earth’s atmosphere, it will burn up, but the contract is to ensure this is done in a manner safe to humans on the ground. There are scant details about the U.S. Deorbit Vehicle, as it’s being called, but one NASA official did say it would be based on “Dragon heritage” hardware.

ISS NASA
Image Credits: NASA (opens in a new window)

What we’re reading

Check out my story about Starfish Space’s new agreement with Intelsat. The GEO servicing market is still a few years away, but deals like this one show that it is much closer to being realized than the haters might think…

render of Starfish spacecraft on orbit
Image Credits: Starfish Space (opens in a new window)

This week in space history

NASA has an article titled “Fourth of July Holidays in Space” and folks — it’s as delightful as the title makes it sound. Apparently, there wasn’t a July 4 celebration on orbit until 1982, and the second took place 10 years later! Now that we have a continuous presence of NASA astronauts on board the ISS, such celebrations are an annual event. All I have to say is: God bless stars-and-stripes pants in space.

NASA astronauts Jack D. Fischer and Peggy A. Whitson on July 4, 2017.
Image Credits: NASA

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A comprehensive list of 2024 tech layoffs

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan…

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The San Jose-based startup raised $60 million in a round that values it lower than the $500 million valuation it garnered in its most recent round, according to multiple sources.

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While the company was awarded a massive, $4.2 billion contract to accelerate Starliner development in 2014, it was structured as a “fixed-price” model.

Boeing bleeds another $125M on Starliner program, bringing total losses to $1.6B

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Google’s new features include Gemini in BigQuery and Looker to help users with data engineering and analysis.

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Rad Power Bikes, the Seattle-based e-bike startup that has raised more than $300 million from investors, went through another round of layoffs in July, TechCrunch has exclusively learned. This is…

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Commercial space station company Vast is building a private microgravity research lab as part of its wider Haven-1 station plans. The module is set to launch no earlier than the…

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Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. It’s part of…

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Featured Article

Indian startups gut valuations ahead of IPO push

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The European Union’s risk-based regulation for applications of artificial intelligence has come into force starting from today.

The EU’s AI Act is now in force

The company also said it has received regulatory clearance to start Phase 2 clinical trials for a new drug in the U.S. later this year.

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The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks.

EU greenlights HPE’s $14B Juniper Networks acquisition

Meta, which develops one of the biggest foundational open source large language models, Llama, believes it will need significantly more computing power to train models in the future. Mark Zuckerberg…

Zuckerberg says Meta will need 10x more computing power to train Llama 4 than Llama 3

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OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on…

OpenAI pledges to give U.S. AI Safety Institute early access to its next model

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