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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump’s Golden Dome defensive shield.
The space-based tracking network integrates space sensors, communication systems and AI-enabled ground processing to look and alert for airborne threats from orbit, according to a US Space Force statement Friday. The US had been using ground-based sensors and military aircraft to monitor the skies, but placing detection capabilities in space could eliminate potential blind spots, the Space Force said.
The $4.16 billion award underscores SpaceX’s deepening ties to the Pentagon and its close involvement with Golden Dome, which is intended to protect the US from attacks through layered defense systems ranging from Earth to space. SpaceX is already under contract to develop prototypes of space-based interceptors for the project and is part of a multi-company software consortium building the operating layer underpinning Golden Dome, Bloomberg has reported.
On this episode, guest host Christina Ruffini and Tim Stenovec speak with:
See omnystudio.com/listener for privacy information.
By Bloomberg3.7
376376 ratings
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump’s Golden Dome defensive shield.
The space-based tracking network integrates space sensors, communication systems and AI-enabled ground processing to look and alert for airborne threats from orbit, according to a US Space Force statement Friday. The US had been using ground-based sensors and military aircraft to monitor the skies, but placing detection capabilities in space could eliminate potential blind spots, the Space Force said.
The $4.16 billion award underscores SpaceX’s deepening ties to the Pentagon and its close involvement with Golden Dome, which is intended to protect the US from attacks through layered defense systems ranging from Earth to space. SpaceX is already under contract to develop prototypes of space-based interceptors for the project and is part of a multi-company software consortium building the operating layer underpinning Golden Dome, Bloomberg has reported.
On this episode, guest host Christina Ruffini and Tim Stenovec speak with:
See omnystudio.com/listener for privacy information.

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