June 7, 2013 |
The gig: Gwynne Shotwell, 49, is president and chief operating officer of SpaceX, the Hawthorne company that builds rockets and space capsules to resupply the International Space Station for NASA. Shotwell is No. 2 at the pioneering company behind founder and chief executive Elon Musk. She is responsible for day-to-day operations and managing customer relationships and company growth. Shotwell, with a sunny demeanor and a blunt way of speaking, is often responsible for updating the media on SpaceX's missions while they're happening.
April 13, 2014 |
A high-stakes battle is underway in Washington over launching the U.S. government's most sophisticated national security satellites. Space entrepreneur Elon Musk is pitted against the nation's two largest weapons makers, Boeing Co. and Lockheed Martin Corp., in a fight for military contracts worth as much as $70 billion through 2030. For eight years, the Pentagon has paid Boeing and Lockheed - operating jointly as United Launch Alliance - to launch the government's pricey spy satellites without seeking competitive bids.
April 27, 2007 |
Space Exploration Technologies Corp., a start-up seeking to slash the cost of coursing through the cosmos, has been granted a five-year license to launch rockets from Cape Canaveral Air Force Station in Florida, the Air Force said. The approval could help El Segundo-based SpaceX, as the privately held company is known, compete with Orbital Sciences Corp., which develops small space systems, and later with the bigger rockets of Europe's Arianspace and the United Launch Alliance.
March 26, 2014 |
About 150 employees at rocket engine maker Aerojet Rocketdyne in Canoga Park were told Wednesday that they would be laid off as part of a companywide reduction that the company says is related to last year's merger. Aerojet Rocketdyne was created by the sale of Rocketdyne to GenCorp Inc. for $550 million, a deal that was finalized last summer. It brought together two major California rocket companies - and longtime competitors. GenCorp already owned Aerojet, the Sacramento aerospace firm founded in 1942.
December 12, 2013 |
Historic Old Pasadena, a restored section of the city's downtown bustling with shops and restaurants, is getting more high-tech. Three older buildings at a busy intersection on Raymond Avenue will be transformed into a hub for budding technology firms in a real estate development backed by a prominent Silicon Valley entrepreneur and investor. David Sacks, who was instrumental in the launch of two $1-billion Internet companies, has joined Los Angeles developer Rising Realty Partners in a project to turn three century-old buildings into offices for tech firms.
August 12, 2013 |
Imagine paying $20 and sitting down inside a Space Age capsule in Los Angeles. About half an hour later, you're in sight of the Golden Gate Bridge. Los Angeles billionaire Elon Musk, the man who made electric vehicles sexy, revolutionized the online payment business and transformed spaceflight missions for NASA, is now taking on California's public transportation system. On Monday, to international fanfare, Musk unveiled the design of his Hyperloop, a $6-billion high-speed transit system powered by solar energy.