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Miami-based City Labs achieves a first for commercial nuclear power in space

8 July 2026 at 17:26

The proliferation of nuclear power in space got a little more real Tuesday with the launch of a small satellite developed by a Florida-based company specializing in nuclear micro-power technology.

It's a long way from launching a bona fide nuclear reactor, a breakthrough that could help power a permanent Moon base and efficiently drive rockets throughout the Solar System. But you have to start somewhere.

The satellite from Miami-based City Labs is named BOHR, short for Betavoltaic Orbital High-Reliability, and it launched on a SpaceX rideshare mission Tuesday alongside 80 other payloads. SpaceX's Falcon 9 rocket released the BOHR satellite into an orbit between 350 and 400 miles (nearly 600 km) in altitude.

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Β© City Labs

Blue Origin, for the first time, is expected to raise private capital

8 July 2026 at 12:47

The rocket company founded by Jeff Bezos, Blue Origin, is raising private capital, the DealBook newsletter reported early Wednesday.

According to the publication, the company is raising $10 billion, leading to a valuation of $130 billion. Coatue Management, a big asset manager, is expected to lead with a $4 billion commitment. Another $4 billion is expected to come from large institutional investors. And Bezos will contribute an additional $2 billion.

Founded in 2000, Blue Origin is seeking to become a global leader in spaceflight, developing a line of super heavy lift rockets, lunar landers, and plans for two megaconstellations. It is seeking to compete in the same areasβ€”launch, telecommunications, data centers from spaceβ€”as SpaceX.

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Β© Matthew Staver/Bloomberg via Getty Images

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