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Space Industry Developments Highlight

Ars Technica •
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SpaceX scrubbed its Starship launch attempt due to a hydraulic pin failure, pushing back the test flight as the company prepares for a potential IPO with $18.67 billion in 2025 revenue despite a $4.94 billion loss. The delay follows seven months of downtime for the Starship program.

Firefly Aerospace expanded its Texas facilities with a new campus twice its previous size, while German launch firm Isar Aerospace may help establish Canada's sovereign space access through a partnership supporting the country's $105 million Launch the North initiative.

China's Zenk Space secured $26 million funding for its Zhihang-1 rocket debut, while Roscosmos began monetizing its rockets through advertising in response to Western sanctions. These developments reflect the evolving commercial space landscape.