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President Lee Jae-myung unveils South Korea's first mass-produced KF-21 fighter jet at a ceremony in Sacheon.
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South Korea rolls out first mass-produced KF-21 fighter jet

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President Lee Jae Myung hailed the first mass-produced KF-21 fighter jet as a symbol of self-reliant defense during a ceremony on March 25 in Sacheon. He vowed to elevate South Korea to one of the world's top four defense powers. The Air Force plans to deploy 120 jets starting in September after evaluations.

SpaceX sent a demonstration capsule for its secretive Starfall system into low Earth orbit from Cape Canaveral, Florida. The launch marks an early test of technology intended to return cargo manufactured in space.

Reported by AI

A Long March-12 rocket launched last week used a new high-energy synthetic kerosene that increased payload capacity by 10 percent.

Rocket Lab Corporation released its slide deck for the 2026 first quarter earnings call on May 7.

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Firefly Aerospace Inc. conducted its first quarter 2026 financial results conference call on May 4. CEO Jason Kim and CFO Darren Ma joined Director of Investor Relations Michael Sheetz to discuss results for the period ending March 31. The call included forward-looking statements and both GAAP and non-GAAP financial measures.

Anduril Industries has announced the acquisition of ExoAnalytic Solutions, a space intelligence firm with a global network of over 400 telescopes. The deal will more than double Anduril's space-focused staff and enhance its capabilities in satellite tracking and missile defense. The acquisition aims to support national security missions in space domain awareness.

Reported by AI

Rocket Lab's Neutron rocket program faces delays, but the company sees significant opportunities in space defense. Analysts describe the delays as manageable, with sales growth and a substantial backlog supporting future prospects. The firm is positioning itself as a vertically integrated player in the defense space sector.

 

 

 

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