The space propulsion systems market is rapidly expanding, driven by private spaceflight initiatives, demand for reusable ...

L3Harris Technologies is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, ...

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

A growing cadence … The Ariane 6 rocket has launched five times, including its debut flight in July 2024. All of the launches ...

A nuclear thermal propulsion engine could cut the travel time in half for future space explorers racing to the Red Planet.

For over a century, rocket propulsion has followed a simple principle; burn fuel, expel it backward, and Newton's third law pushes you forward. Since Konstantin Tsiolkovsky first formulated the rocket ...

L3Harris will retain a minority investment interest and continue to act as a strategic partner to the business. AE Industrial plans to restore and use the "Rocketdyne" name for the acquired business ...

SpaceX’s Raptor engine and Blue Origin’s BE-4 engine are two key innovations in rocket propulsion, each with its unique design and performance characteristics. While the Raptor engine leverages ...

AE Industrial Partners has acquired a controlling stake in L3Harris Technologies’ space propulsion and power systems business. No financial terms were disclosed. Headquartered in Melbourne, Florida, ...

WASHINGTON — L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE Industrial Partners, marking the first major restructuring of ...

Melbourne-based L3Harris acquired the vast rocket engine company Aerojet Rocketdyne in 2023, but on Monday announced it was selling a controlling interest in the majority of those operations to ...

Northrop Grumman test-fired a solid rocket motor called SMASH!22 Dec. 4 as part of its SMART Demo development program. Credit: Northrop Grumman WASHINGTON — Northrop Grumman tested a solid rocket ...