Space Force is taking a 'mutual fund approach' to buying rocket launches
Publishing timestamp: 2023-02-24 16:44:36
Summary
The U.S. Space Force is taking a new "mutual fund approach" to buying rocket launches from companies, with a dual-track approach for about 70 launches. This approach will increase the number of companies that can compete and will save money on high-end launches. Companies such as SpaceX, United Launch Alliance, Rocket Lab, Relativity, ABL Space, and Blue Origin are eligible to compete.
Sentiment: POSITIVE
Keywords: elon musk, business news, space industry, united states, jeff bezos, boeing co, technology, business, breaking news: business, rocket lab usa inc, aerospace and defense industry, lockheed martin corp, breaking news: technology, the edge, transportation,
Source: https://www.cnbc.com/2023/02/24/space-force-rocket-launch-acquisitions-approach.html