Connect with us

Hi, what are you looking for?

FinancialSourceReport.comFinancialSourceReport.com

Tech News

SpaceX is reportedly building a network of spy satellites for US intelligence

The Starshield logo.
Image

SpaceX’s Starshield unit has had a classified contract with the US National Reconnaissance Office (NRO) since 2021 to build a network of “hundreds” of spy satellites for the agency, Reuters reports today, citing unnamed sources “familiar with the program.”

A Wall Street Journal report in February listed a classified $1.8 billion SpaceX contract with a then-unnamed government agency. Now Reuters has attached a name, and that it’s to build a network of “hundreds of satellites bearing Earth-imaging capabilities that can operate as a swarm in low orbits.”

The report didn’t say when the network will be operational or what other companies are involved. It does mention that a US database of space objects lists satellites deployed by SpaceX…

Continue reading…

You May Also Like

Tech News

Image: Block Block, the Jack Dorsey-led payment company, has released its long-in-the-works Bitcoin hardware wallet — but you can’t use cryptocurrency to buy it....

Editor's Pick

Michael F. Cannon Any day now, the Biden administration could issue a regulation that, if it mirrors what the administration proposed in July, would take...

Editor's Pick

With an astounding SCTR score of 99.6, Coinbase (COIN) is soaring to the sun, but its wings of momentum appear to be melting. Despite...

Editor's Pick

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson shares a little trick out of his own process to make sure he’s trading in...