The Pentagon on Thursday held a successful test flight of a flying bomb that travels faster than the speed of sound and will give military planners the ability to strike targets anywhere in the world in less than a hour.
British billionaire Sir Richard Branson will unveil a craft on Monday that could soon carry tourists on an out-of-this-world trip into space -- for a mere 200,000 dollars. (Update: Virgin Galactic unveils commercial spaceship)
University of Queensland researchers are testing new materials to withstand the extreme heat experienced by hypersonic vehicles in flight so they can fly for substantially longer.
The technology, which sounds straight out of a science-fiction movie, has enough reality to it for the United Kingdom government to offer $90.62 million (£60 million), in stages, to a company looking to develop the engine.
A SpaceX rocket exploded in midair during a test flight, though no one was injured, as the company seeks to develop a spacecraft that can return to Earth and be used again.
A privately owned rocket successfully blasted off on its first flight, marking a significant milestone for the space industry in the race to develop commercial carriers.
An unmanned spacecraft bankrolled by Amazon.com Inc. CEO Jeff Bezos failed during a recent test flight.