logo
#

Latest news with #CriticalDesignReview

Astroscale completes CDR for ELSA-M In-Orbit debris removal mission
Astroscale completes CDR for ELSA-M In-Orbit debris removal mission

Broadcast Pro

time13 hours ago

  • Business
  • Broadcast Pro

Astroscale completes CDR for ELSA-M In-Orbit debris removal mission

This demonstration includes docking, de-orbiting, and releasing a Eutelsat OneWeb client spacecraft managed through Astroscale’s in-house satellite operations facility. Astroscale has completed the Critical Design Review (CDR) for its upcoming ELSA-M (End-of-Life Services by Astroscale-Multiple) In-Orbit Demonstration (IOD) spacecraft, marking a major milestone in the development of what is set to become the world’s first commercial end-of-life servicing mission for satellites prepared for docking and removal. The mission, scheduled to launch in 2026, will demonstrate cutting-edge technologies aimed at addressing the growing challenge of orbital debris. Designed, built, and operated by Astroscale UK at its Harwell Campus in Oxfordshire, ELSA-M will showcase advanced Rendezvous Proximity Operations (RPO) capabilities. The CDR milestone was achieved following a comprehensive technical evaluation by teams from the European Space Agency (ESA) and satellite operator Eutelsat, encompassing all aspects of engineering, programme management, and product assurance. This achievement confirms the UK’s leadership in Active Debris Removal (ADR) and advances its role in the fast-growing field of In-Orbit Servicing, Assembly, and Manufacturing (ISAM). The ELSA-M mission is a collaborative effort funded primarily through Astroscale’s private investment, with co-funding support from the UK Space Agency via ESA and Eutelsat under the Sunrise Partnership Project. The initiative falls within ESA’s Advanced Research in Telecommunications Systems (ARTES) programme, designed to develop next-generation satellite communications technologies. Nick Shave, Managing Director, Astroscale UK, said: 'Completing the Critical Design Review for ELSA-M is both a major step for the mission itself and also a major achievement for the UK ISAM industry. The mission is a true partnership between Astroscale UK, the UK Space Agency, ESA and Eutelsat with many industrial partners in the Astroscale ISAM supply chain across all regions of the UK. With the ever-growing number of satellites in Earth’s orbit, the robust RPO and spacecraft capture capability provided by ELSA-M will revolutionise the delivery of repeatable ADR and other ISAM services as part of a future circular space economy.' Joshua King, Telecommunications Investment Lead at the UK Space Agency, added: 'We are excited to support Astroscale UK’s pioneering ELSA-M mission, which represents a significant leap forward in satellite servicing and orbital sustainability. This milestone not only underscores the UK’s leadership in ADR but also highlights our commitment to providing new technologies and capabilities to support satellite communications. The successful completion of the Critical Design Review is a testament to the exceptional collaboration between Astroscale, ESA, and Eutelsat within the Sunrise Partnership, and we look forward to the successful launch next year.' Laurent Jaffart, Director of Connectivity and Secure Communications at ESA, stated: 'Space is a common good, like the oceans, and we need to treat it responsibly. ESA welcomed Astroscale’s active engagement and signature of ESA’s Zero Debris Charter in June 2024, which contains high-level guiding principles and specific jointly defined targets to achieve zero debris by 2030. We are pleased to be supporting Astroscale to demonstrate the commercial viability of space debris removal, building on state-of-the-art technologies to create new missions that attract talent and investment. ESA fosters European and Canadian innovation in the highly competitive global satellite market.' Guillaume Scottez, Senior Director for Innovation at Eutelsat Group, commented: 'Astroscale’s successful CDR marks a positive progression for our joint efforts to support, test, and validate innovative in-orbit servicing technologies, crucial for the long-term preservation of space as a valuable natural resource. With this milestone, we look forward to our continued collaboration with ESA, the UK Space Agency, and Astroscale to advance our mission.' ELSA-M builds on the success of Astroscale’s 2021 ELSA-d mission, which demonstrated critical technologies such as magnetic capture and controlled close-approach operations. With the CDR now complete, ELSA-M moves into the next phase involving spacecraft assembly, integration, testing, launch preparations, and a series of in-orbit demonstrations. These will include docking with, de-orbiting, and releasing a Eutelsat OneWeb client satellite, all managed through Astroscale’s own satellite operations center.

Why Redwire Stock Is Rocketing Higher Today
Why Redwire Stock Is Rocketing Higher Today

Yahoo

time6 days ago

  • Business
  • Yahoo

Why Redwire Stock Is Rocketing Higher Today

Redwire's suite of tools designed for construction on the moon and Mars were cleared by NASA. The company appears likely to play a key role in NASA's planned exploration of outer space, but the timeline for that exploration remains very much in doubt. 10 stocks we like better than Redwire › Space technology company Redwire (NYSE: RDW) said its lunar and Martian manufacturing technology has passed a key review, meaning it can be involved in future NASA projects. Investors are reaching for the stars, sending Redwire shares up as much as 21% at the open Wednesday and up 16% as of 11 a.m. Eastern. If the future does involve humanity setting up shop on the moon and exploring Mars, Redwire hopes to make the infrastructure that makes those endeavors possible. On Wednesday, the company said its Mason tool suite had passed NASA's Critical Design Review test and can now be used in future missions. Mason tools, designed to operate on the moon and Mars, can be used to build berms, landing pads, and roads. The approval is part of a $12.9 million NASA award to prototype Mason for moon activities. "We are proud to have successfully completed this exciting milestone and bring Mason one step closer to launch," Tom Campbell, Redwire's president of space missions, said in a statement. "Leveraging Redwire's unmatched in-space manufacturing experience, Mason technology is critical to enabling sustainable operations on the Moon and Mars surface." The announcement comes one day after Redwire announced a separate contract to conduct space-based research on a new cancer treatment using the company's in-space laboratory tech. There's every reason to be excited about Redwire. We appear headed toward a new golden age of space exploration, and unlike in the 1960s, private companies, including space stocks like Redwire, are likely to play a leading role. But there is also ample reason for caution. Redwire reported just $61.4 million in revenue in its most recent quarter, but it's valued by the market at more than $1.3 billion. Much of that valuation is based on potential, but Redwire is going to need a lot to go right, not all of which it can control. Among the potential questions: Will SpaceX and other contractors meet deadlines to build the rockets needed to make repeated visits to the moon possible? For those excited by the opportunity, it would be wise to make Redwire a small part of a well-diversified portfolio. Before you buy stock in Redwire, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Redwire wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Redwire Stock Is Rocketing Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars
Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

Yahoo

time7 days ago

  • Business
  • Yahoo

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

JACKSONVILLE, Fla., June 04, 2025--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, announced today that its advanced lunar and Martian manufacturing technology, Mason, has passed Critical Design Review (CDR) with NASA participation. Mason is a tool suite designed to operate on the Moon and Mars that will enable the construction of berms, landing pads and roads for future lunar and Martian habitats. The project, managed under a Tipping Point agreement with NASA's Space Technology Mission Directorate, is part of a $12.9 million award to prototype Mason for broader plans to support a long-term presence and exploration on the lunar surface. "We are proud to have successfully completed this exciting milestone and bring Mason one step closer to launch," said Redwire President of Space Missions, Tom Campbell. "Leveraging Redwire's unmatched in-space manufacturing experience, Mason technology is critical to enabling sustainable operations on the Moon and Mars surface." Designed to be scalable and platform agnostic for use on different landers, rovers, or robotic arms, Mason can convert lunar or Martian regolith into a strong, solid material similar to concrete. Mason includes three tools: a grader tool called BASE (Blade for Autonomously Surfacing Environments), a compaction tool called PACT (Planetary Automated Compaction Tool), and a microwave sintering tool called M3LT (Microwave Melter of Martian and Lunar Terrain). Regolith can cause equipment failures and maneuverability challenges, and it can become a dangerous projectile when accelerated by a rocket's exhaust plume. The presence of dust on equipment and on spacesuits also can have health impacts on astronauts. Rockets launching without a launch pad can incur significant damage. Clouds of dust propelled into orbit during launch can create debris for orbiting satellites, causing a satellite to move. Mason mitigates these risks, while significantly lowering the cost of lunar and Martian exploration efforts. With CDR successfully completed, Redwire engineers will fabricate the Mason critical design prototype and conduct functional testing of the three tools. Redwire is currently exploring flight opportunities for a demonstration mission. Redwire is leading a team of industry and academic partners to develop Mason, including NASA Kennedy Space Center Swamp Works, Lambda Technologies, Colorado School of Mines, and the University of Central Florida. About Redwire Redwire Corporation (NYSE: RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit View source version on Contacts Media Contact: Tere OR Investors: investorrelations@ 904-425-1431 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars
Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

Associated Press

time7 days ago

  • Business
  • Associated Press

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jun 4, 2025-- Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, announced today that its advanced lunar and Martian manufacturing technology, Mason, has passed Critical Design Review (CDR) with NASA participation. Mason is a tool suite designed to operate on the Moon and Mars that will enable the construction of berms, landing pads and roads for future lunar and Martian habitats. The project, managed under a Tipping Point agreement with NASA's Space Technology Mission Directorate, is part of a $12.9 million award to prototype Mason for broader plans to support a long-term presence and exploration on the lunar surface. 'We are proud to have successfully completed this exciting milestone and bring Mason one step closer to launch,' said Redwire President of Space Missions, Tom Campbell. 'Leveraging Redwire's unmatched in-space manufacturing experience, Mason technology is critical to enabling sustainable operations on the Moon and Mars surface.' Designed to be scalable and platform agnostic for use on different landers, rovers, or robotic arms, Mason can convert lunar or Martian regolith into a strong, solid material similar to concrete. Mason includes three tools: a grader tool called BASE (Blade for Autonomously Surfacing Environments), a compaction tool called PACT (Planetary Automated Compaction Tool), and a microwave sintering tool called M3LT (Microwave Melter of Martian and Lunar Terrain). Regolith can cause equipment failures and maneuverability challenges, and it can become a dangerous projectile when accelerated by a rocket's exhaust plume. The presence of dust on equipment and on spacesuits also can have health impacts on astronauts. Rockets launching without a launch pad can incur significant damage. Clouds of dust propelled into orbit during launch can create debris for orbiting satellites, causing a satellite to move. Mason mitigates these risks, while significantly lowering the cost of lunar and Martian exploration efforts. With CDR successfully completed, Redwire engineers will fabricate the Mason critical design prototype and conduct functional testing of the three tools. Redwire is currently exploring flight opportunities for a demonstration mission. Redwire is leading a team of industry and academic partners to develop Mason, including NASA Kennedy Space Center Swamp Works, Lambda Technologies, Colorado School of Mines, and the University of Central Florida. About Redwire Redwire Corporation (NYSE: RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit View source version on CONTACT: Media Contact: Tere Riley [email protected]: [email protected] 904-425-1431 KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY ENGINEERING SATELLITE OTHER TECHNOLOGY AEROSPACE MANUFACTURING OTHER SCIENCE SCIENCE SOURCE: Redwire Corporation Copyright Business Wire 2025. PUB: 06/04/2025 07:30 AM/DISC: 06/04/2025 07:29 AM

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars
Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

Business Wire

time7 days ago

  • Business
  • Business Wire

Redwire Receives NASA Approval to Advance Cutting-Edge Manufacturing Technology for Building Infrastructure on Moon and Mars

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, announced today that its advanced lunar and Martian manufacturing technology, Mason, has passed Critical Design Review (CDR) with NASA participation. Mason is a tool suite designed to operate on the Moon and Mars that will enable the construction of berms, landing pads and roads for future lunar and Martian habitats. The project, managed under a Tipping Point agreement with NASA's Space Technology Mission Directorate, is part of a $12.9 million award to prototype Mason for broader plans to support a long-term presence and exploration on the lunar surface. 'We are proud to have successfully completed this exciting milestone and bring Mason one step closer to launch,' said Redwire President of Space Missions, Tom Campbell. 'Leveraging Redwire's unmatched in-space manufacturing experience, Mason technology is critical to enabling sustainable operations on the Moon and Mars surface.' Designed to be scalable and platform agnostic for use on different landers, rovers, or robotic arms, Mason can convert lunar or Martian regolith into a strong, solid material similar to concrete. Mason includes three tools: a grader tool called BASE (Blade for Autonomously Surfacing Environments), a compaction tool called PACT (Planetary Automated Compaction Tool), and a microwave sintering tool called M3LT (Microwave Melter of Martian and Lunar Terrain). Regolith can cause equipment failures and maneuverability challenges, and it can become a dangerous projectile when accelerated by a rocket's exhaust plume. The presence of dust on equipment and on spacesuits also can have health impacts on astronauts. Rockets launching without a launch pad can incur significant damage. Clouds of dust propelled into orbit during launch can create debris for orbiting satellites, causing a satellite to move. Mason mitigates these risks, while significantly lowering the cost of lunar and Martian exploration efforts. With CDR successfully completed, Redwire engineers will fabricate the Mason critical design prototype and conduct functional testing of the three tools. Redwire is currently exploring flight opportunities for a demonstration mission. Redwire is leading a team of industry and academic partners to develop Mason, including NASA Kennedy Space Center Swamp Works, Lambda Technologies, Colorado School of Mines, and the University of Central Florida. About Redwire Redwire Corporation (NYSE: RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store