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Artist's illustration of a Chameleon satellite. Image: Hypergiant Industries

A planned network of satellites — called the Chameleon Constellation — represents a new, flexible way of building and using fleets of satellites.

Why it matters: At the moment, it takes years, if not decades, to build and deploy satellite constellations in part because of the software and hardware development that needs to happen on the ground ahead of launch.

  • Chameleon, built by Hypergiant Industries in partnership with the U.S. Air Force, however, is designed to be updated depending on what people on the ground need.
  • "This new constellation exemplifies modern software development techniques in space," Ben Lamm, Hypergiant Industries founder, told Axios via email.

Details: Hypergiant unveiled its Chameleon prototype this week, with plans to launch its first satellite of this kind to orbit as part of a Cygnus spacecraft supply run to the International Space Station expected early next year.

  • After testing that prototype, the company aims to build the constellation up to 24–36 spacecraft that will be able to communicate with one another in space and beam data to ground stations on Earth.

The big picture: The satellites will be designed to use machine learning to analyze data fed to the spacecraft from other space-based assets, Lamm said.

  • "Another use case is that the constellation could be real-time retasked for other use cases such as imaging or communications," Lamm added. "Think of it as a group of satellites that work together and can change their function based on the need from the ground."

Go deeper

Miriam Kramer, author of Space
Aug 11, 2020 - Science

SpaceX and ULA pull in huge defense contracts

A SpaceX Falcon 9 rocket takes flight. Photo: SpaceX

The Space Force's announcement last week that United Launch Alliance and SpaceX will launch expensive spy satellites and other military payloads brings a long and often fierce battle for government funds to an end — at least for now.

Why it matters: This type of government money — particularly in light of the economic downturn caused by the coronavirus pandemic — is key for space companies that often work on thin margins.

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 3 hours ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.