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Space businessDEVELOPING

Isar Aerospace lofts Spectrum into orbit — first fully commercial European launch

German company Isar Aerospace on Saturday launched its two-stage Spectrum rocket into low-Earth orbit from Andøya Spaceport in Norway. The flight, which reached orbit seven minutes after liftoff at 20:12 UTC (10:12 local), makes Spectrum the first fully commercial European launch vehicle to attain orbit.

  • Isar Aerospace on Saturday launched its Spectrum rocket into low-Earth orbit from Andøya Spaceport.
  • The vehicle lifted off at 20:12 UTC (10:12 local) and reached orbit seven minutes after liftoff.
1 sources88% confidence
Ars Technica
aviation technologyCORROBORATED

Nats software bug: millisecond data corruption caused six-hour outage and mass flight cancellations

Nats says a previously unknown software defect corrupted flight data in a millisecond, triggering a six-hour outage and mass cancellations. The error first occurred at 10:00 and recurred leading to a major incident declared at 12:32pm, with full operations resuming at 7:30pm BST (18:30 UTC).

  • Nats says a software defect corrupted flight data in a millisecond, triggering nationwide disruption.
  • Error first occurred at 10:00, major incident declared at 12:32pm BST (11:32 UTC), full operations resumed at 7:30pm BST (18:30 UTC).
2 sources91% confidence
The Guardian Business
Bond marketsDEVELOPING

Global bond sell-off resumes as oil tops $107 a barrel and yields spike

Investors resumed dumping government bonds after oil rose above $107 a barrel amid concerns over advances by Houthi rebels along the Red Sea. Yields jumped: 10-year UK gilts topped 5.37% and 10-year US Treasuries reached 4.92%.

  • Brent rose above $107 a barrel after reports of Houthi advances along the Red Sea.
  • 10‑year UK gilts topped 5.37%, the highest since 2007.
1 sources91% confidence
The Guardian Business