China Faces Launch Failures Amid Global Space Developments and Australia's Investment in Gilmour Space
SPACE ECONOMY
China's space program faced setbacks with two recent launch failures, while NASA prepared for the Artemis II mission's launch. In contrast, Australia's Gilmour Space Technologies secured AUD 217 million in funding to boost its launch capabilities, achieving a valuation over USD 1 billion amid efforts to reduce reliance on foreign providers. Additionally, Rocket Lab and Isar Aerospace encountered technical challenges, but SpaceX successfully launched the NROL-105 mission.
Jan 25, 2026, 6:06 AM
