
This week marks a significant moment for the U.S. space agency as it navigates the complex waters of federal budgeting. On Tuesday, a House committee approved a budget bill allocating $24.8 billion for NASA for the upcoming fiscal year. Just two days later, a Senate committee followed suit with a slightly higher figure of $24.9 billion. Both proposals aim to maintain funding at current levels, ensuring that NASA's ongoing projects can sustain their momentum. However, these budget measures are far from finalized. They must still pass through the full House and Senate, followed by a reconciliation process before reaching the President's desk for approval. With the new fiscal year set to commence on October 1—less than eleven weeks away—time is of the essence. Notably, the proposed budgets stand in stark contrast to the drastic cuts suggested by the Trump Administration, which aimed to slash NASA's budget by 25% and halve its scientific funding. Congress has also dismissed the Administration's plans to overhaul the Artemis Moon program, which included eliminating the Lunar Gateway and discontinuing the costly Space Launch System rocket and Orion spacecraft after just two more missions. While these funding proposals may provide some relief to the space community, underlying tensions suggest that a significant confrontation with the White House Office of Management and Budget looms. Some Congressional members are already preparing for a fierce debate. A straightforward resolution would involve the House and Senate reaching an agreement on the budget and passing it before the fiscal year concludes. Although Congress is responsible for establishing federal spending levels, it has struggled to do so punctually over the last several decades, achieving timely appropriations only about 10% of the time. This history has sometimes led to government shutdowns, but more frequently, Congress resorts to continuing resolutions to maintain current funding levels.
SpaceX is gearing up for the first test of its upgraded Starship V3 rocket, now scheduled for mid-March, as announced by...
TechCrunch | Jan 26, 2026, 15:40
Jensen Huang, the CEO of Nvidia, once predicted that his company would eventually become the largest customer of Taiwan ...
CNBC | Jan 26, 2026, 12:20
CoreWeave experienced a significant 10% increase in its stock price during premarket trading on Monday, fueled by Nvidia...
CNBC | Jan 26, 2026, 13:35
Synthesia, a British startup revolutionizing corporate training with its AI-driven platform, has successfully raised $20...
TechCrunch | Jan 26, 2026, 09:15
On Monday, Apple announced an upgraded version of its AirTag, boasting a variety of enhancements aimed at improving user...
TechCrunch | Jan 26, 2026, 15:00