Posted: Sun, Feb 16 10:41 AM ET (1541 GMT)
Blue Origin is laying off 10% of its workforce, or more than 1,000 employees, to restructure the company and reduce bureaucracy. Dave Limp, Blue Origin's CEO, told employees Thursday that the company is making the layoffs because recent growth resulted in "more bureaucracy and less focus than we needed." The cuts would include staff in engineering, R&D and management. A day earlier, Limp said at the Commercial Space Conference that since taking over as CEO in late 2023, he had seen progress in making the company more decisive, but suggested then there was more to do to improve operations and manufacturing.

Related Links:

•  SpaceNews article
•  Bloomberg News article
•  Ars Technica article
•  New York Times article
•  Reuters article

Posted: Sun, Feb 16 10:38 AM ET (1538 GMT)
Satellite manufacturing startup K2 Space has raised $110 million. K2 announced the Series B round Thursday co-led by Lightspeed Venture Partners and Altimeter Capital with participation from several existing investors. The company is developing large satellite buses intended to take full advantage of heavy-lift, low-cost launch options, betting that as launch costs continue to decline, the industry will move toward larger satellites, countering the recent trend favoring small satellite constellations. K2 Space is developing its first government mission, dubbed Gravitas, under a $60 million Strategic Funding Increase (STRATFI) agreement, with the Space Force and venture investors each contributing $30 million.

Related Links:

•  SpaceNews article
•  K2 Space press release

NASA to swap Crew Dragon capsules to reduce Crew-10 delays
Posted: Sun, Feb 16 10:37 AM ET (1537 GMT)
NASA and SpaceX have agreed to swap Crew Dragon spacecraft to reduce the delay in the next mission to the International Space Station. NASA said...

Falcon 9 launches Starlink satellites
Posted: Sun, Feb 16 10:35 AM ET (1535 GMT)
A Falcon 9 lifted off Tuesday at 1:53 pm EST (1853 GMT) from Cape Canaveral Space Force Station in Florida, placing 21 Starlink satellites...

MDA Space building Globalstar satellites
Posted: Sun, Feb 16 10:32 AM ET (1532 GMT)
MDA Space confirmed Monday it is building a new generation of Apple-funded satellites for Globalstar. The Canadian company said Monday it was building more...