BETA Technologies launches IPO of 25 million shares priced $27-$33
Investing.com -- SpaceX, based in Starbase, Texas, has been chosen by NASA to provide the launch service for the Pandora (OTC:PNDRY) mission. The mission’s goal is to study at least 20 known exoplanets and their host stars, with the aim of understanding how changes in these stars affect our observations of exoplanet atmospheres.
The selection is a part of NASA’s Venture-Class Acquisition of Dedicated and Rideshare (VADR) launch services contract. This agreement permits NASA to award fixed-price indefinite-delivery/indefinite-quantity contracts during VADR’s five-year ordering period. The maximum total value of these contracts can reach up to $300 million.
Pandora’s primary mission, set to last one year, will involve observing each exoplanet ten times, devoting 24 hours to each observation. The mission will capture crucial data about the planet and its host star during transits, a phenomenon where a planet passes in front of the star it orbits.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.