The past week saw a one-two punch of U.S. budgets for federal space programs, specifically for NASA and the Space Force.
NASA Administrator Bill Nelson discusses the agency's goals during the annual State of NASA address on March 11, 2024.iew into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights.
On the military side of things, the Space Force's budget isn't in as rough of shape. But the branch isn't exactly enthused, with Air Force Secretary Frank Kendall giving the 2025 request in a third test of the full prototype system. The rocket launched from the company's facility in Texas and broke up above the Indian Ocean before its expected splashdown. Leadership of both SpaceX and NASA heralded the Starship flight as a success, with the rocket completing multiple new milestones on its orbital velocity journey. –, SpaceX disclosed in a blog post about improving the service's latency for users.
and plans to fly the next PIL-BOX to space on an upcoming cargo mission to the International Space Station. The company noted the PIL-01 mission's experiment successfully "demonstrated that microgravity benefited insulin crystal growth," so "Lilly researchers will use the PIL-02 mission to expand their understanding of crystal formulations and how they impact overall drug discovery and development.
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