Boeing's Millennium Space Systems Demonstrates Deployable Tape Technology


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  • Millennium Space Systems, a Boeing Co (NYSE:BA) company, successfully demonstrated the ability of deployable tether technology to significantly reduce the time a satellite remains on-orbit after service life completion.
  • "Thousands of satellites will launch over the next decade, creating serious congestion in low Earth orbit," commented Patrick Kelly, Ph.D., Dragracer program manager at Millennium Space Systems.
  • Dragracer is the first complete demonstration of satellites safe and rapid deorbit by the Terminator Tape Deorbit Module. The Terminator Tape is an affordable, lightweight, patented, and now a flight-proven solution for responsible end-of-mission disposal of satellites to help ensure the long-term sustainability of space operations.
  • The program was collaborative with Tethers Unlimited, mission launch service provider TriSept and launch vehicle provider Rocket Lab.
  • Price Action: BA shares are trading higher by 2.74% at $218.5 on the last check Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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