In Race to Space, One Startup Is Betting on Candle Wax
A sounding rocket from HyImpulse Technologies takes off from the Koonibba Test Range in South Australia on May 3.
Photographer: HyImpulse Technologies
Hello, it’s Bruce Einhorn in Hong Kong. I have some exciting news. Bloomberg is having its own space launch, with the debut of its Business of Space franchise, where you’ll get more coverage of this booming sector on a global scale.
As for the industry, it’s been a busy week with China’s moon mission and the Boeing Starliner delay. So you may have missed news on a company that sees candle wax as the future of rocket fuel. More on that in this week’s newsletter. But first...