The U.S. military is spending big to have companies build a satellite network unlike any the military has built before.
is one of the major winners so far under the Space Development Agency, or SDA, a part of the U.S. Space Force and one of its three acquisition divisions.
One key motivator behind the Pentagon building out its own constellation – rather than utilizing commercial networks that are already operational: security. "SDA's focus is harnessing commercial development to deliver a proliferated constellation of satellites … to build resilience, and also obviously to harness the tremendous development that's happened in the space industry over the last number of years," Elzea told reporters during a recent roundtable.for satellites in Tranches 1 and 2 – with over $5 billion in total awards to date.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's guide to investing: How to get kids involved with investingCNBC’s Jim Cramer explained how to get children involved with investing in an age-appropriate way.
Read more »
Jim Cramer's guide to investing: Start investing for your newbornCNBC’s Jim Cramer told investors how to start saving for their children as soon as they’re born.
Read more »
Hurricane Idalia's Florida approach seen from space in breathtaking video from NASA, Space Station: WATCHThe International Space Station flew over Hurricane Idalia on Tuesday as it churns toward the Gulf Coast of Florida.
Read more »
Old Soviet satellite breaks apart in orbit after space debris collisionThe collision highlights the space junk problem that threatens our use of space.
Read more »
My Summer Style Guide: Munnyhkkie MoutinhoWhy renting your vacation looks saves on packing (and closet space!)
Read more »
Chinese stocks mark steep losses in August as slowdown fears build By Investing.comChinese stocks mark steep losses in August as slowdown fears build
Read more »