It turns out the space industry has a lot of ideas on how to improve NASA’s $11 billion, 15-year plan to collect and return samples from Mars.
Announced today, NASA has awarded $1.5 million contracts to seven companies to further develop their plans for the revamped Mars Sample Return mission.
According to the request for proposal, studies could be for complete overhauls of the mission design, or for designs that include elements of NASA’s MSR mission or NASA’s Artemis program.
NASA turned to private industry after finally admitting that its architecture for MSR is incredibly complicated.
Last year, an independent review board recommended that NASA revisit the mission design given the concerns about the technical features and the high costs.
NASA Administrator Bill Nelson has pronounced the agency’s $11 billion, 15-year mission to collect and return samples from Mars: insufficient.
But the strategy shift could be a huge boon to space startups, to which much of that planned funding will almost certainly be redirected.
(There’s plenty of time to save and repurpose the most important concepts and research already done by NASA and its partners.)
But the official announcement, and the implication that it is the new generation of space companies that will accomplish ambitious goals like a there-and-back trip to Mars, must be very validating.
Whatever that new plan may be, it will almost certainly rely far more than before on commercial services and hardware.
TechCrunch Mobility: Cruise robotaxis return and Ford’s BlueCruise comes under scrutiny Plus, a Faraday Future whistleblower case and humanoid robots in car factoriesWelcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
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It was another wild week in the world of transportation, particularly in the EV startup and automated driving industries.
Exoes, a French-based startup that developed battery cooling technology for EVs, raised €35 million ($37.5 million) from BpiFrance and Meridiam Green Impact Growth Fund.
Both former employees have filed lawsuits claiming the troubled EV company has been lying about some of the few sales it has announced to date.
Noname Security, a cybersecurity startup that protects APIs, is in advanced talks with Akamai Technologies to sell itself for $500 million, according to a person familiar with the deal.
Noname was co-founded in 2020 by Oz Galan and Shay Levi and is headquartered in Palo Alto but has Israeli roots.
The startup raised $220 million from venture investors and was last valued at $1 billion in December 2021 when it raised $135 million in a Series C led by Georgian and Lightspeed.
While the sale price is a significant discount from that valuation, the deal as it currently stands would be for cash, the person said.
In February, Israeli news outlet Calcalist reported that Noname was in negotiations with several potential buyers, including Akamai.
Today on The Exchange, we’re digging into continuation funds, counting down through some of our favorite historical Exchange entries, and discussing what we’re excited to report on for the rest of the year!
It is also a very topical one: “The greatest source of liquidity now is going to be continuation funds,” VC Roger Ehrenberg predicted in a recent episode of the 20VC podcast.
If you have been following the last few months of venture capital activity, the “why now?” is easy to answer.
“It’s a viable strategy for a decent swath of the venture industry,” Ehrenberg told 20VC host Harry Stebbings.
We went from tallying monster rounds and a blizzard of IPOs to watching venture capital dry up and startup exits become rarer than gold.
Total returns for the industry amounted to $743 billion in merchandise in 2023, according to the National Retail Federation and Appriss Retail.
Startups have also come in with new technologies to manage the delivery and return experience.
Returnmates, now rebranded as Sway, is the latest to attract new venture capital for its approach to delivery and returns that focuses on the customer.
The company rebranded to Sway as a way to show its evolution beyond returns to last-mile delivery capabilities, company co-founder and CEO Eric Wimer told TechCrunch via email.
Sway is currently active in California, Texas, Washington, Washington, D.C., Maryland, Virginia, New York and Florida.
Blue Origin’s New Shepard is officially back in action, with the company today successfully launching the suborbital rocket for the first time in more than 15 months.
The rocket lifted off from Blue Origin’s launch site in West Texas at around 10:42 a.m. local time.
The mission successfully concluded after a period of 10 minutes, when the capsule safely returned to Earth after a brief suborbital flight.
This is the first time Blue Origin has launched New Shepard since September 2022, when an anomaly triggered an auto-abort mid-flight.
Blue flew New Shepard four times in 2022, including the failed launch.
Opendoor co-founder Eric Wu is stepping down to return to his startup rootsOpendoor co-founder Eric Wu is stepping down from the real estate tech company, according to an SEC filing.
In a statement, Wu said: “After ten years, I am called to get back to my startup roots and create and build again.
Last December, Wu announced he was stepping down from his role as CEO to serve as Opendoor’s president of marketplace.
In November 2022, Opendoor announced it was letting go of about 550 people, or 18% of the company, across all functions.
Jack Altman also announced he would be stepping down from Lattice, a software startup he founded in 2015.
Blue Origin is aiming to finally conclude a more than 15-month pause in operations of its New Shepard suborbital rocket, with the company announcing today that it will fly an uncrewed mission as early as December 18.
The company confirmed the launch on its social media account following a Bloomberg report of an internal email on the new targeted date.
The mission, called NS-24, will carry 33 science and research payloads and other cargo.
The Federal Aviation Administration formally concluded its investigation into the mishap in September, instructing Blue Origin to implement 21 corrective actions, including redesigning the engine and nozzle components as well as “organizational changes.”This new launch date means that Blue Origin has implemented all the actions and received its modified launch license from the FAA.
To date, the vehicle has flown more than 22 times, and has taken 31 people to the edge of space and back (including CEO Jeff Bezos himself).
Tesla’s nomination of Straubel suggests that the company is looking for leadership outside of its current executive team. Straubel has experience in engineering, design, and manufacturing and could be a…
