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SpaceX unveils plans for $100 bn Louisiana spaceport targeting 30 daily starship launches

Aug 26, 2026

California [US], August 26: SpaceX has revealed proposals to construct a $100 billion commercial spaceport in southern Louisiana designed to serve as a high-frequency launch hub for deep-space missions.
Site development is targeted to commence in 2027, with infrastructure engineered to support thousands of yearly Starship operations to lunar and Martian destinations. SpaceX founder Elon Musk noted the complex will ultimately house over a dozen launch towers, providing the capacity to handle up to 30 daily Starship flights.
According to company statements, SpaceX aims to conduct its inaugural Starship launch from the Louisiana facility in 2029.
Source: Emirates News Agency

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Patil Automation Board Approves Rs 96.38 Crore Preferential Fund Raise

Mumbai (Maharashtra) [India], September 10: September 10, 2026: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly and robotics-integrated automation solutions, has announced that its Board of Directors has approved a proposal to raise an aggregate amount of ₹96.38 crore through a preferential issue of Equity Shares and Convertible Warrants, subject to the approval of the Members of the Company.

Sep 10, 2026