OUTERSPACE TODAYNEWS
← All editionsThursday, September 03, 2026 / Issue 069
[ OST Daily ]

Rocket Lab Launches Its 94th Electron for Synspective, Boeing Delivers the Final O3b mPOWER Trio to SES, and Astroscale Awards Isar the ADRAS-J2 Launch

OST Daily September 3, 2026 — Rocket Lab deployed a StriX satellite to a 575-kilometer orbit on its 94th Electron mission, Boeing handed SES the final three O3b mPOWER satellites for a SpaceX Falcon 9 launch later this month, and Astroscale Japan signed Isar Aerospace to fly the ADRAS-J2 active-debris removal mission on Spectrum during Japan's FY2027.
The daily pictureOST editorial illustration · 2026-09-03
[ 01 ]

The briefing

Rocket Lab launched its 94th Electron from Launch Complex 1 in New Zealand at 12:01 a.m. NZST on September 3, deploying a Synspective StriX synthetic aperture radar satellite to a 575-kilometer orbit. On the same day, Boeing delivered the final three O3b mPOWER satellites, F11, F12 and F13, to SES for a SpaceX Falcon 9 launch later this month, closing out a medium Earth orbit constellation whose first four satellites had power-module failures that led to a $218 million insurance claim, upgrades to satellites seven through 11 and the two added spacecraft.

Astroscale Japan picked Isar Aerospace to launch ADRAS-J2 on Spectrum from Andøya during Japan's FY2027, the follow-on to the 2024 ADRAS-J rendezvous demo and the first commercial attempt to capture and remove large debris never designed for retrieval. It is Astroscale's second Spectrum booking after ELSA-M, and it comes as Isar prepares a second Spectrum flight after losing its March 2025 debut. Telesat and Farcast added a smaller Lightspeed milestone: an over-the-air demonstration through the low Earth orbit (LEO) 3 test satellite validated Farcast's electronically steered antenna, clearing the way to a fully integrated user terminal.

MDA Space CEO Mike Greenley told In the Money that 2026 revenue is running near $2.5 billion on a combined basis with two pending acquisitions and that 2027 could land roughly 50 percent higher, framing a plan to grow four to six Canadian suppliers into billion-dollar businesses as MDA scales toward a $10 billion revenue horizon. York Space Systems, meanwhile, unveiled the LX/V-Class satellite bus for sustained missions above roughly 300 kilometers, aimed at moving-target indication and missile-warning work; Redwire, Kreios and Bellatrix are chasing sub-300 kilometer altitudes with clean-sheet designs.

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The headlines

01

Rocket Lab flies 94th Electron with Synspective StriX to 575 km

RKLB

Rocket Lab launched the 'Owl Around The World' mission from Launch Complex 1 in Mahia, New Zealand at 12:01 a.m. NZST on September 3, deploying a Synspective StriX synthetic aperture radar satellite to a 575-kilometer low Earth orbit on the company's 94th Electron flight. The 'Owl Around The World' mission adds another StriX spacecraft to Synspective's SAR imaging constellation.

02

Boeing delivers final three O3b mPOWER satellites to SES for September Falcon 9

SpaceX BA

Boeing handed SES satellites F11, F12 and F13, the final three spacecraft in the O3b mPOWER medium-Earth-orbit constellation, for a SpaceX Falcon 9 launch later this month. The three 702X-based satellites are expected to enter service in mid-2027, adding capacity across mobility, government, enterprise and cloud customers to the 10 already on orbit. SES CFO Lisa Pataki said the insurance claim tied to earlier onboard power-module failures on the first four satellites has now reached $218 million.

03

Astroscale picks Isar Aerospace to fly ADRAS-J2 debris removal on Spectrum

Astroscale Japan selected Germany's Isar Aerospace to launch the ADRAS-J2 mission on Spectrum from Andøya during Japan's FY2027, targeting the first commercial capture and removal of a large piece of orbital debris that was never designed for retrieval. Developed under Phase II of JAXA's Commercial Removal of Debris Demonstration project, valued at roughly ¥13.2 billion ($82 million), ADRAS-J2 follows the 2024 ADRAS-J rendezvous with a Japanese H-IIA upper stage. It is Astroscale's second Isar contract after ELSA-M.

04

Telesat and Farcast validate Lightspeed antenna over LEO 3 test satellite

TSAT

Telesat LEO and San Francisco-based Farcast completed a collaborative technology demonstration for Lightspeed user terminals, culminating in an over-the-air test through Telesat's LEO 3 test satellite. Farcast's electronically steered, shared-aperture antenna established and maintained end-to-end connectivity with measured performance closely matching link-budget predictions, validating an architecture aimed at cutting terminal size, weight, power and cost. The companies will now move to a fully integrated Lightspeed terminal pairing Farcast's antenna with Telesat's modem.

05

MDA Space CEO frames $10B revenue path anchored by Canadian suppliers

MDA

MDA Space CEO Mike Greenley told the In the Money podcast that 2026 revenue is running near $2.5 billion on a combined basis with two pending acquisitions and that 2027 revenue could land about 50 percent higher, using $10 billion in annual revenue as an illustration of where the company could grow over the next several years. Greenley said MDA wants to create four to six billion-dollar Canadian suppliers by awarding contracts far larger than they have handled, citing one supplier that jumped from a ceiling near $10 million to as much as $300 million.

06

York Space Systems targets 300+ km VLEO missions with LX/V-Class bus

YSS

York Space Systems unveiled the LX/V-Class satellite platform, a modified version of its S- and LX-Class buses designed for sustained missions above roughly 300 kilometers with three-year lifetimes. CEO Dirk Wallinger said York can build and launch LX/V-Class satellites within six to seven months of contract signing, prioritizing speed and integration with York's broader turnkey ecosystem over the sub-300 kilometer altitudes being pursued by Redwire, Kreios Space and Bellatrix Aerospace. The bus is aimed at moving-target indication, missile warning and missile tracking applications.

[ 03 / +29 / -14 ]

Market pulse

Archived snapshot from this edition. Prices and moves are not live.

Gainers+29
Decliners-14
Big mover TSAT+5.4%

Telesat closed the delayed session up 5.4% at $46.44, the top gainer in the space-market snapshot, on a day the operator disclosed a completed Farcast antenna demonstration through its LEO 3 test satellite validating Lightspeed user-terminal technology.

AssetSnapshotMoveTrend
TSATTelesat$46.44+5.4%
VOYGVoyager Space$34.17+4.6%
GLWCorning$152.00+4.1%
SIDUSidus Space$2.07-2.4%
FJETStarfighters Space$2.715-2.3%
KRMNKarman Space$39.77-1.9%
[ 04 / 5 tracked ]

Launch watch

Schedule and countdowns as recorded in the 2026-09-03 edition.

Long March 2D/YZ-3

CASC · Long March 2D/YZ-3 · Launch Area 94 (SLS-2 / 603) · Jiuquan Satellite Launch Center

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Filings

[ End of Issue 069 ]

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