ICO wins majority stake in Globalstar
Posted: Mon, Apr 28 8:31 PM ET (0031 GMT)
In a surprising turn of events, satellite communications company ICO has won a majority stake in bankrupt rival Globalstar, the companies announced Monday. Late Friday...

Pegasus launches GALEX
Posted: Mon, Apr 28 5:29 PM ET (2129 GMT)
An Orbital Sciences Corporation Pegasus XL booster successfully launched a NASA astronomy satellite Monday morning. The Pegasus XL was released from its L-1011 carrier...

Soyuz docks with ISS
Posted: Mon, Apr 28 3:08 PM ET (1908 GMT)
A Soyuz spacecraft carrying the two-man Expedition Seven crew successfully docked with the International Space Station early Monday. The Soyuz TMA-2 spacecraft docked...

Amazon.com founder Bezos investing in space startup
Posted: Sun, Apr 27 3:02 PM ET (1902 GMT)
Jeff Bezos, founder and CEO of Internet retailer Amazon.com, has secretly started a new venture to develop a reusable suborbital spacecraft, according to an...

Soyuz launches Expedition Seven crew
Posted: Sat, Apr 26 11:39 AM ET (1539 GMT)
A Soyuz rocket successfully launched its namesake spacecraft early Saturday, carrying the two-person Expedition Seven crew for the International Space Station. The Soyuz booster...

Proton launch of communications satellite delayed
Posted: Sat, Apr 26 11:27 AM ET (1527 GMT)
The launch of a Proton booster carrying a commercial communications satellite has been delayed from early Tuesday until mid-May, Russian media reported Saturday. The...

Report: Spain blocks ESA funding for Galileo
Posted: Sat, Apr 26 11:24 AM ET (1524 GMT)
Spanish officials have blocked an agreement among European Space Agency nations to release funding for the Galileo navigation system, according to a published report. Dow...

CAIB meets with NASA about Columbia investigation
Posted: Fri, Apr 25 11:46 AM ET (1546 GMT)
The Columbia Accident Investigation Board (CAIB) met with NASA officials on Thursday to brief them on the status of the investigation into the shuttle accident....

Orbital reports increased revenue, profits in 1st quarter
Posted: Fri, Apr 25 11:35 AM ET (1535 GMT)
Orbital Sciences Corporation said Thursday it had higher revenues and profits in its fiscal first quarter compared to the same quarter the previous year. Orbital...

Proton launches Russian military satellite
Posted: Thu, Apr 24 8:23 AM ET (1223 GMT)
A Proton successfully launched a Russian military satellite early Thursday. The Proton-K lifted off from Baikonur, Kazakhstan at 12:23 am EDT (0423 GMT)...