Marysville, Wash.-based Gravitics says it will work with Rocket Lab USA and other partners to adapt its space station architecture for the U.S. Space Force under the terms of a $1.7 million contract. The contract was awarded through the 2023 SpaceWERX Tactically Responsive Space Challenge, a competition that was conducted in partnership with Space Safari. Gravitics was among 18 companies that were fast-tracked for Phase II Small Business Innovation research contracts. Gravitics provided further
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.