VENTURE CAPITAL POST

Amazon.com founder Jeff Bezos-owned space company, Blue Origin, has surpassed a significant milestone as its rocket ship returned and landed safely after travelling in outer space.

United Launch Alliance (ULA), a joint venture floated by Lockheed Martin Corp and Boeing Co, has bagged a contract worth $882million for launching satellites for the US Air Force with Delta IV and Atlas V rockets. The contract is effective from 1 October and includes launch capability, mission, integration, base and range support, maintenance, depreciation on equipment, mission assurance, program management, systems engineering and launch site and range operations during the 2016 fiscal year, according to US Defense Department. The usage of Atlas V rockets will enable the US Defense Department to compete for military and spy satellite launch contracts. ULA is poised for its latest launch this week and this is its 100th mission this week.

As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.

Hyperloop Transportation Technologies had agreed to work with Oerlikon Leybold Vacuum and engineering design company, Aecom, to build Elon Musk's vision; the Hyperloop tube.

A NASA-funded study shows that humans could get back to the moon in the next ten years, and could live there in another ten years.

Elon Musk has identified the possible reason why SpaceX's Falcon 9 rocket exploded mid-air on June 28th. And he says there's a valuable lesson to be learned.

Elon Musk, the brain behind Tesla, SolarCity, and SpaceX, has previously presented what he calls the fifth mode of transport - the Hyperloop.

An unmanned Delta 4 rocket blasted off from Florida on Wednesday to deliver the ninth of 12 next-generation Global Positioning System satellites into orbit.

Billionaire entrepreneur Richard Branson's Virgin Group may take on Tesla Motors Inc and other companies in developing electric cars, Bloomberg reported on Thursday.

A pair of U.S. astronauts floated outside the International Space Station on Saturday to begin rigging parking spots for two commercial space taxis.

Space Exploration Technologies (SpaceX), founded by Elon Musk, said it has raised about $1 billion in a financing round with two new investors, Google Inc and Fidelity.

The crash of an unmanned Orbital Sciences Antares rocket is a "wake-up call" to the U.S. space community about the need to develop a new U.S. rocket engine, the head of Boeing Co's defense division said on Thursday.

The United Nation's civil aviation body, currently wrestling with how to help airlines maintain safety over conflict zones, is taking first steps toward protection for commercial vessels in space.

NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

A Space Exploration Technologies Falcon 9 rocket blasted off from Cape Canaveral Air Force Station in Florida on Sunday to put a commercial communications satellite into orbit.