SpaceX gears up for Polaris Dawn launch, aims to break Apollo record
The mission, which has faced multiple delays, is now set to lift off from Kennedy Space Center's Launch Complex 39A during a four-hour window opening at 3:33 a.m. EDT. Key Points
India TodayUSD 13 billion investments in Space sector added USD 60 billion to India's GDP: Report
India has invested approximately USD 13 billion in the Space sector in the last decade, resulting in a significant contribution of USD 60 billion to the GDP. This has led to the creation of 4.7 million jobs and a boost in the revenues of the Space sector. The country aims to achieve further milestones such as commissioning the Bharatiya Antariksha Station and landing Indian astronauts on the Moon. The government's supportive policies and initiatives are fostering a conducive environment for private companies to thrive in the Space industry, positioning India as a potential global Space leader. Key Points
Economic TimesGovt’s Rs 1000 cr fund for Space sector has drawbacks. It should bet on outcomes, not ideas
Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian Space sector, attracting investments from home and abroad. Key Points
ThePrintRecord funding, policy support drive hiring boom in spacetech sector
Indian startups in the Space sector are significantly boosting their hiring efforts as they expand, driven by a funding boom and supportive government policies. Companies like Skyroot Aerospace, Digantara, Pixxel, Agnikul Cosmos, Dhruva Space, SatSure, and Manastu Space plan to scale up their headcounts, in some cases even doubling or tripling their team sizes, to maintain a competitive edge in the industry. Key Points
Economic TimesSpace junk crashes into a Florida house. Family sues Nasa
Nasa has confirmed that the debris originated from a 2.9-ton pallet of used batteries jettisoned from the International Space Station. Key Points
India Today
Why Sunita Williams's third mission to Space is the most important
Sunita Williams is on her third historic flight to space. She became the first woman to pilot a spacecraft on its maiden test flight to Space adding more hours to her already spent 322 days in space. Key Points
India TodayIndian-origin NASA astronaut Sunita Williams dances her way to international Space station
Indian-origin NASA astronaut Sunita Williams danced her way to the International Space Station (ISS) in the early hours on Friday, as the Boeing Starliner... Key Points
The Tribune IndiaBoeing’s Starliner Is Almost Ready to Launch a NASA Crew Into Space
Seven years behind schedule, this month Starliner will send two astronauts to Space on a mission for NASA. The troubled company still has lots of catching up to do. Key Points
WIREDAmerica’s first Black astronaut candidate goes to Space 60 years after training
Ed Dwight was an Air Force pilot when President John F Kennedy championed him as a candidate for NASA’s early astronaut corps. But he wasn’t picked for the 1963 class. Key Points
India TodayBoeing’s Starliner Is Almost Ready to Launch a NASA Crew Into Space
Seven years behind schedule, this month Starliner will send two astronauts to Space on a mission for NASA. The troubled company still has lots of catching up to do. Key Points
WIRED
Indian-origin astronaut Sunita Williams' 3rd Space mission called off due to technical glitch
a valve glitch in the rocket's upper stage forced mission managers to call off the mission. The launch of Boeing's Starliner spacecraft, scheduled to carry... Key Points
The Tribune India‘Cabs to get into space’: How this Indian startup wants to revolutionize satellite Space travel
India is one of the world’s top spacefaring nations. It is the first Asian country to reach Mars orbit, and the fourth on the planet to take a spacecraft to the moon, landing closer to the south pole, known for its cratered terrain, than anyone else has. Key Points
CNNThe Next Generation of Cancer Drugs Will Be Made in Space
Injectable immunotherapy drugs can be made, in theory, but gravity prevents them from crystallizing correctly. A startup thinks the solution could be right above us. Key Points
WIREDIndian scientists reveal why 38 SpaceX satellites crashed in 2022
The satellites were a fresh batch of Starlinks that were launched by SpaceX. Scientists have now analysed how the Space weather condition led to ther fiery downfall from space. Key Points
India TodayChakri Lokapriya on his top bets from manufacturing and capex Space & why it’s time to look at metals
Chakri Lokapriya says Skipper and JTL Infra stand out for valuations and expansions, driven by rising copper prices and industrial activity. Banks benefit from increased loan disbursements. Urban consumption and real estate sectors show growth potential, with companies like Prestige, Sobha, Hi-Tech Pipes, Prince Pipes, and Park Hotels demonstrating promising valuation multiples. Key Points
Economic Times
The Next Generation of Cancer Drugs Will Be Made in Space
Injectable immunotherapy drugs can be made, in theory, but gravity prevents them from crystallizing correctly. A startup thinks the solution could be right above us. Key Points
WIREDAnother milestone : ISRO rocket accomplishes zero orbital debris mission
ISRO achieved zero orbital debris mission with PSLV, marking a milestone. POEM-3 re-entered Earth's atmosphere, impacting the North Pacific Ocean. NGEs contributed payloads for experiments on the cost-effective platform. Key Points
Economic TimesVideo: Isro's Pushpak nails landing after being dropped by Chinook
Released from an altitude of 4.5 kilometers by an Indian Air Force Chinook helicopter, the SUV-sized winged vehicle maneuvered through the skies autonomously. Key Points
India TodayWhere to do bottom fishing in this volatile market? Gurmeet Chadha answers
Gurmeet Chadha discusses investment opportunities in railway, defence, auto ancillary stocks, chemicals, and metal sectors. He also shares insights on market triggers, liquidity flow, sector-specific considerations, and strategic portfolio adjustments in response to market conditions. One can do some bit of bottom fishing in railway , defence and some of the auto ancillary stocks. Key Points
Economic TimesElon Musk's SpaceX is building hundreds of spy satellites for US government: Report
SpaceX is developing a network of spy satellites for a $1.8 billion contract with the NRO, enhancing US intelligence capabilities globally. Key Points
mint
Musk's SpaceX is building spy satellite network for US intelligence agency, sources say
The network is being built by SpaceX's Starshield business unit under a $1.8 billion contract signed in 2021 with the National Reconnaissance Office (NRO), an intelligence agency that manages spy satellites, the sources said. Key Points
Economic TimesWant to create a lot of wealth? Look at these 5 PSU gems for next 6 months: Sanjiv Bhasin
Sanjiv Bhasin of IIFL Securities is bullish on Hindustan Copper, HPCL, ONGC, IRCTC, Concor, Century Textiles' foray into real estate, and ITC's future prospects. He advises caution in PSU banks and railway stocks, while emphasizing the potential in the banking sector and the need for quality construction in real estate. Key Points
Economic TimesVideo: Four astronauts safely splashdown on Earth from space
Launched last August from the Kennedy Space Center, the crew spent nearly 200 days in orbit, completing 3,184 orbits of Earth and traveling a staggering 84.4 million miles. Key Points
India TodayMayuresh Joshi on 3 stocks that can be bought on dips now
Mayuresh Joshi, Head-Equity Research India at William O'Neil, recommends buying opportunities in stocks like Exide, Amara Raja, and Pidilite in the midcap space. He also suggests considering midcap IT stocks and pharma companies like Sun Pharma, Cipla, Natco, and Torrent Pharma. Joshi says they will be keeping eyes open for any pullback in stocks like Persistent and Coforge within midcap IT space. Key Points
Economic TimesSpaceX, NASA successfully launch manned Crew-8 mission to International Space Station
Crew 8 is expected to remain aboard the Space station until the end of August. A SpaceX rocket lifted off from Florida on Sunday night carrying a crew of three... Key Points
The Tribune India
SpaceX launches its eighth long-duration crew to orbit for NASA
A SpaceX rocket launched carrying a crew of three U.S. astronauts and a Russian cosmonaut for a six-month science mission on the International Space Station. The crew is designated as Crew 8 and will conduct experiments in the microgravity environment of the football field-sized ISS. Key Points
Business TodayIndia's first Space station and human mission to Moon: what ISRO is planning after Gaganyaan
Gaganyaan, a 3-member human spaceflight mission, will take off by next year. ISRO is simultaneously working on modules for space station and training crew for its Moon mission. Key Points
ThePrintWe have a Nifty target of 24,000 in CY24, a 9% upside from current levels: Seshadri Sen
Seshadri Sen of Emkay Global Financial Services is bullish on the manufacturing-led cycle in India, particularly in the industrials, consumer discretionary, and materials sectors. He expects moderate gains in the larger cap Space and plans to overweight IT when valuations become favorable. He says: We will be overweight IT when valuations revert back to our side when the large caps maybe touch the low 20s or even below. Key Points
Economic TimesMeet 4 astronauts selected for Gaganyaan mission
India News: Prime Minister Narendra Modi introduced the four astronauts-elect for the Gaganyaan mission. The astronauts are Group Captain Prashanth Nair, Group Captain Angad Pratap, Group Captain Ajit Krishnan, and Group Captain Shubhabshu Shukla. They are Indian Air Force test pilots from the Aircraft and Systems Testing Establishment in Bengaluru. Key Points
Times Of IndiaWill Space debris fall on the Earth and hit humans? China accused of ignoring rules
Space Debris Expert Professor John L. Crassidis accused China of not following the rules and taking unnecessary risks with the uncontrolled rocket stage reentry of their Long March 5B rocket stage. Key Points
Economic Times
How 100% FDI via automatic route will help the Space technology sector?
Amit N Mahajan expects FDI to empower companies for bigger programmes. Paras Defence & Space Technologies will explore opportunities in satellites and payload missions. Start-ups working with Paras will benefit. FDI will boost the Indian Space industry. The company's growth trajectory is robust, maintaining a handsome growth rate. The medium term potential is strong with a projected CAGR of 30%. Key Points
Economic TimesCommercial spaceship lands on moon, making it first lunar landing for US in 50 years
Intuitive Machines' Odysseus spacecraft, led by Stephen Altemus, successfully landed on the moon, a triumph of American ingenuity with NASA's support. The mission opens new avenues for scientific exploration in the lunar south polar region, symbolizing humanity's curiosity in space. Key Points
Economic Times3-4% upside in Nifty very much on the cards in March, says Pankaj Pandey
Pankaj Pandey suggests that Nifty may reach 25,000 with expected election outcomes. Bulls lack energy and market fabric weakened. Opportunities exist in largecaps, midcaps, smallcaps, cement, infra, PSUs, and coal sector. RBI stance change can lift BFSI sector. He also says one important parameter which we feel can change the complexion of the market is the change of stance by RBI. Key Points
Economic Times100% FDI in Space sector a game changer: IN-SPACe chairman Pawan Goenka
India Business News: Read the latest news on the 100% foreign direct investment (FDI) in the Space sector and its impact on India's Space capabilities. Learn more about the game-changing decision and its potential for global collaboration and innovation in the private sector. Key Points
Times Of IndiaStart-ups welcome govt move to liberalise FDI rules for Space sector — 'long-pending reform'
100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports. Key Points
ThePrint
President Vladimir Putin says Russia has no intention of putting nuclear weapons in space, denying US claims
His statement follows the White House confirmation last week that Russia has obtained a ‘troubling’ anti-satellite weapon capability. Russian President... Key Points
The Tribune IndiaAstronauts from Turkey, Sweden and Italy launch to Space station on latest chartered flight
They will spend two weeks performing experiments, chatting up schoolchildren and soaking in the views of Earth, before returning home. Turkey’s... Key Points
The Tribune IndiaJapan successfully launches H3 rocket after two failed attempts
A Japanese flagship H3 rocket lifted off from a Space station in southwestern Japan on Saturday, successfully achieving its planned trajectory and... Key Points
The Tribune IndiaJapan working on 1st ever biodegradable satellite, made of magnolia wood
Kyoto University engineers plan to launch the tiny wooden satellite, LignoSat, to reduce Space pollution. It is expected to fly this yr and operate in Space for at least 6 months. Key Points
ThePrint