New Axiom CEO, Lynk wins satellite contract, FAA OKs more Starship launches
- Michael Mealling
- Jun 4
- 5 min read
Starbridge Weekly SpaceUpdate for 5/5/2025

Astronauts on the Ax-4 space mission will conduct research that includes evaluating the use of diabetes technologies
Credit: Axiom Space

Tejpaul Bhatia was chief revenue officer at Axiom Space for four years before being named
CEO Credit: Axiom Space

A person works on the cryostat base of the fusion reactor inside the tokamak hall at Commonwealth Fusion Systems in Devens, Massachusetts, on April 10. A full-sized image of the tokamak is superimposed onto the wall.
Credit: Sophie Park for CNN
Lynk Global is one of the 12 companies selected for the 10yr contract which is part of the DoD’s Space Test Experiments Platform (STEP) 2.0

Credit: SpaceX
Trump administration to revive National Space Council
The White House is reviving the National Space Council, a historically influential policy body that could help guide the administration’s ambitious space goals, while acting as a counterbalance to Elon Musk. There is some speculation that this is to "dilute" Musk's influence, though it isn't clear if the White House shares this concern. The Council is chaired by the Vice-President and made up of the heads of the relevant Agencies. Traditionally, the Council has also created a Users Advisory Group as a way to include the views of those outside of Government but it isn't clear if this Council will do that.
New Report Values the Space Industry at $944B by 2033
Novaspace reports the space industry will grow by 1.5x in less than 10yrs time driven by downstream technologies (services and applications which leverage space-based infrastructure and data) such as AI and cloud computing. The U.S. currently dominates the space market but the global market is beginning to catch up as government spending on space tech in Europe and Asia is growing at a faster rate than in the U.S.

Credit: Novaspace
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Retired Air Force officer nominated to be NASA deputy administrator
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FAA gives environmental approval for increased Starship launch rate
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Inversion completes first flight of reentry vehicle, but without reentry
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White House budget proposal would phase out SLS and Orion, scale back ISS operations
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Lockheed Martin delivers completed Orion to NASA for Artemis 2
Ursa Major wins $28.5 million Air Force contract to flight-test Draper engine for hypersonic use
Lohmeier defends qualifications for Air Force post as senators question past remarks
Senate Commerce Committee advances Isaacman nomination to lead NASA
NASA delays astrophysics mission call for proposals amid budget uncertainties
Waltz defends ‘Golden Dome’ missile shield amid partisan divide
Defense-focused space startup True Anomaly raises $260 million
China is making stainless steel tanks for its future super heavy-lift rockets
China’s Shenzhou-19 astronauts return to Earth after six-month mission
Space Force embraces commercial tech in major overhaul of surveillance satellite program
Amazon’s Project Kuiper partners with L3Harris to develop military communication solutions
Near Space Labs nabs $20M to take its high-res imaging Swift robots into the stratosphere
French startup developing space weapon to defend satellites and clean orbital debris
Slingshot targets international market with sovereign space tracking systems
China launches third batch of Guowang megaconstellation satellites
China and Malaysia to study international equatorial spaceport project
Armed services committees propose $150 billion funding boost for defense
Long March 3B launches Tianlian-2 (05) satellite to boost space data relay network
Veteran NASA astronaut says ISS can operate past 2030Astrotech wins $77.5 million contract to accelerate pre-launch satellite processing at Vandenberg
L3Harris gains edge in race to build Golden Dome missile sensors
Meta and Booz Allen partner on ‘Space Llama’ AI program with Nvidia and HPE
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