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Designed to drive space planes to orbit at Mach 5, and also take airliners around the world in just a few hours, the Sabre air-breathing rocket engine has just passed a crucial testing phase.
UK-based company Orbex unveiled its "Prime" rocket, powered by the world's largest 3D printed rocket engine at its base in Scotland.
This week, SpaceX successfully launched its Falcon Heavy rocket for the first time ever, ushering in a new era in rocket manufacturing.
The US government is reportedly looking to cut funding to the International Space Station by 2025 according to newly leaked documents.
The United States has once again risen to become the country with the greatest number of space launches in 2017, buoyed by the strength of private launch companies.
US President Donald Trump this week announced a new pledge to return US astronauts to the Moon and then later Mars.
Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
The Australian Government has this week announced plans to establish its own space agency, making up for a long-running industry deficiency.
US-based aerospace and defense manufacturer Northrop Grumman last week announced plans for a multi-billion dollar acquisition of Orbital ATK.
China's largest rocket, the Long March 5 has suffered a launch failure which could throw Chinese space exploration plans into disarray.