Aerospace and Defense Companies Involved in NASA Artemis 1 Launch into Space

NASA has set a two-hour launch window on November 16 for its Artemis 1 launch from NASA’s Kennedy Space Center in Florida. Weather conditions were 90 percent favorable late Monday. The unmanned launch will be the first of NASA’s Artemis missions that seek to bring astronauts back to the moon for the first time since 1972. The goal is to establish a presence there before sending people to Mars. Major companies from the defense and space sectors are deeply involved including Boeing (BA), Northrop Grumman (NOC).

Launch Pad 39B, Friday, Nov. 4, 2022, at NASA’s Kennedy Space Center in Florida.

The launch will be the first flight of Space Launch System (SLS), a 322-foot-tall rocket, and the Orion spacecraft that will carry a human crew in future lunar missions.

Companies involved in Artemis Project

Parts for the SLS rocket.

  • Boeing (BA),
  • Northrop Grumman (NOC)
  • Aerojet Rocketdyne Holdings (AJRD)

Orion

Lockheed Martin (LMT) oversaw the development of Orion.

Rocket Builders

  • The European Space Agency,
  • Jacobs Engineering Group (J)
  • United Launch Alliance, a joint venture between Lockheed and Boeing

Artemis 1 was originally supposed to launch in late August, but the target date was pushed back by glitches and then Hurricane Ian and Tropical Storm Nicole.

NASA officials said if Artemis 1 cannot fly on November 16, the next launch opportunity will be November 19.

A major goal of the Artemis program is to land the first woman and next man on the Moon by 2024.

Space Companies

  • Privately held SpaceX (SPACE),
  • Astra Space (ASTR)
  • Leidos Holdings (LDOS)
  • Virgin Galactic (SPCE),
  • Maxar Technologies (MAXR)
  • Rocket Lab USA (RKLB).

Investors are hopeful a successful launch is being supportive of stocks in the broader space sector, which has seen share price declines in 2022. The cash burning sector was hit particularly hard by the failure with SPACS and technology.

The capsule will travel 40,000 miles around the moon. That’s 30,000 miles farther than Apollo 13, which set the record.  At its closest approach, Orion will fly 60 miles above the lunar surface. 

Source: Reuters

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