Each month we round up some of the top stories in space, entrepreneurship, innovation, finance and technology.

Here’s our round-up for May:
THE NEXT BILLION-DOLLAR STARTUP WILL BE IN AEROSPACE

Francois Chopard, Founder and CEO of the Starburst Accelerator shares his insights in Tech Crunch following the white paper by Uber “Fast-Forwarding to a Future of On-Demand Urban Air Transportation” and their inaugural Elevate Summit. Read the article here.
Image via Tech Crunch: https://techcrunch.com/2017/05/09/the-next-billion-dollar-startup-will-be-in-aerospace
Image via Tech Crunch: https://techcrunch.com/2017/05/09/the-next-billion-dollar-startup-will-be-in-aerospace
YOUR SMARTPHONE COULD BE YOUR TICKET TO SPACE — IF SPACE NATION TAKES FLIGHT

Space Nation, Finnish startup seeking to pave the way for the transition of humanity into space, announced plans May 16 to conduct experiments on the International Space Station. Read more here.
Vähä-Jaakkola spoke in December 2016 at Slush, an international conference for startup entrepreneurs and investors in Helsinki. He is standing in front of a screen showing images of the mobile application people will use to follow the Space Nation Astronaut Program. Credit: Space Nation
Vähä-Jaakkola spoke in December 2016 at Slush, an international conference for startup entrepreneurs and investors in Helsinki. He is standing in front of a screen showing images of the mobile application people will use to follow the Space Nation Astronaut Program. Credit: Space Nation
REACTION ENGINES BEGINS CONSTRUCTION OF UK ROCKET ENGINE TEST FACILITY

Reaction Engines Ltd. this month began construction of a new engine test facility where it plans to undertake the first ground based demonstration of its revolutionary SABRE™ air-breathing rocket engine.

The test facility at Westcott, Buckinghamshire, UK will enable Reaction Engines to test critical subsystems along with the testing of a SABRE engine core, which will commence in 2020.

Read about it here.

Lead image: Skylon spaceplane concept. Credit: Reaction Engines Ltd.
SABRE nacelle. Credit: Reaction Engines
SABRE nacelle. Credit: Reaction Engines
ROCKET LAB SUCCESSFULLY MAKES IT TO SPACE

Rocket Lab broke new ground on 25th May when its Electron rocket reached space at 16:23 NZST. Read about it on their website here and watch the launch below.

A “GAS STATION IN SPACE” COULD ALLOW US TO REACH OTHER WORLDS

Students who recently participated in the Caltech Space Challenge share their ideas on how the Moon could be mined for fuel. This would help support missions into deep space by lowering the cost and increasing the frequency of trips.

Read the article on Futurism here.

NASA IS FAST-TRACKING PLANS TO EXPLORE A METAL ASTEROID WORTH $10,000 QUADRILLION

NASA’s mission to visit the asteroid 16 Psyched has been fast-tracked and should happen in 2026. The agency will look at but not extract metals from the $10,000 quadrillion asteroid, which is worth more than the global economy.

Read the article on Futurism here.
Image Credit: Arizona State University

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