NewSpace Networks — which is emerging from stealth mode on Tuesday — will focus its efforts on making data collection and communication from space cheaper and easier through software, not engineering new satellites and rockets.
Why it matters: The price of launching satellites to orbit has gotten cheaper in recent years, but it still costs millions, if not billions, of dollars for companies to deploy and operate their own constellations of satellites.
The Trump administration is going all-in on NASA's Artemis program to get astronauts back to the surface of the Moon by 2024.
Driving the news: The White House is asking Congress for a 12% boost to the space agency's budget for 2021, and it estimates NASA's Moon to Mars initiative will cost about $71.2 billion from 2021 to 2025.
Storm Ciara has unleashed heavy rains, hurricane-force winds and floods in northern Europe, causing widespread travel disruption, EuroNews reports.
Details: "Two of Europe's busiest airports — one in Frankfurt, Germany, the other in Amsterdam, Netherlands — each grounded more than 100 flights due to the storm," per CNN. Airlines also reported that flights were canceled or disrupted in the U.K., where the national weather agency issued over 250 flood warnings. Several British rail firms warned people to expect delays and urged them not to travel, AP notes.
