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    Andhra Pradesh inks 9 MoUs for Rs 4,100 crore space-defence push

    At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed nine MoUs covering rocket engines and test beds, satellites, missiles, explosives, aerospace manufacturing, flight training and heliports. Eight of them propose investments totalling Rs 4,100 crore and 6,865 direct jobs on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year strategic partnership with Pawan Hans to develop and operate heliports across the State.

    AWS CEO dismisses data centres in space as impractical: Here’s what he said

    In a recent podcast, AWS CEO Matt Garman pointed out the impracticalities of establishing data centres in space, citing issues such as exorbitant costs and energy consumption. He noted progress in traditional data centre expansions, especially in Northern Virginia and Texas. Although he acknowledged some technological fixes for space challenges, he reaffirmed the advantages of Earth-based solutions, also dismissing worries about Amazon's data centre water usage.

    AI rockets to top of worries about financial system in latest Fed survey

    Artificial intelligence has emerged as a top concern for financial stability, according to a recent report from the Federal Reserve. A staggering 87% of respondents cited AI as a key risk, bringing attention to potential cyber threats and declining corporate earnings. There’s been a dramatic increase in debt tied to AI infrastructure investments.

    SpaceX launches 15th Starship flight with hopes of achieving first round trip

    SpaceX successfully launched its Starship spacecraft on a mission that aimed for both orbit and return. Unfortunately, the lower-stage Super Heavy booster rocket failed to complete its return flight. Starship's upper-stage vessel reached orbit and deployed 26 satellites into space. This launch marks SpaceX's 15th Starship test flight, contributing to their satellite connectivity business. The company hopes to achieve a fully reusable rocket system for future missions.

    SpaceX to attempt first Starship spacecraft recovery on land in 15th flight

    SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.

    Why SpaceX needs just two successful catches to change the future of rocket launches

    SpaceX is preparing for its Starship Flight 15 mission which aims to recover both rocket stages after launch. This mission will test the reusability of rockets and the efficiency of SpaceX's recovery systems. Starship is set to deploy 26 next-generation Starlink V3 satellites into low Earth orbit during this flight. Successfully catching both stages could lead to reduced launch costs and increased satellite deployment.

    The Economic Times
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