SpaceX Wins $733M Contract for U.S. Space Force Launches


October 19, 2024

Tech News

SpaceX has secured a $733 million contract from the U.S. Space Force for eight launches, aiming to enhance competition among launch providers and utilizing Falcon 9 rockets. The launches are scheduled to begin in 2026 and will span from fiscal year 2025 to 2029, with a potential extension.

Proofpoint, the cybersecurity firm, is set to establish a new data centre in Singapore by 2025 to assist local businesses in complying with data residency regulations. The facility will provide AI-powered cybersecurity solutions to combat threats like ransomware and business email compromise, reflecting Proofpoint’s commitment to expanding its presence in the Asia Pacific region.

Amid increasing cellphone restrictions in U.S. schools, teenagers are contemplating life without their devices. Some schools have implemented strict no-phone policies during the school day, sparking mixed emotions among students regarding the impact on learning, safety, and communication during emergencies.

Tech Explained

Falcon 9 – Falcon 9 is a reusable two-stage rocket designed and manufactured by SpaceX for the reliable and safe transport of satellites and the Dragon spacecraft into orbit.

Ransomware – Ransomware is a type of malicious software that threatens to publish the victim’s data or perpetually block access to it unless a ransom is paid.

Business Email Compromise – Business Email Compromise is a type of cybercrime that uses email fraud to attack organizations for financial gain.

Data Residency – Data Residency refers to the requirement that data is stored in a specific geographic location to comply with data protection laws and regulations.

Cellphone – A cellphone is a portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area.

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