Psyche spacecraft is developed by National Aeronautics and Space Administration (NASA).

Explanation:
The Psyche spacecraft is a NASA mission that aims to explore the asteroid 16 Psyche, which is believed to be the exposed nickel-iron core of a protoplanet. The mission is part of NASA's Discovery Program, which seeks to explore the solar system with low-cost, highly focused missions.

Objective of the Mission:
The primary objective of the Psyche mission is to study the asteroid 16 Psyche and understand its composition, structure, and history. By studying this unique metallic asteroid, scientists hope to gain insights into the formation and evolution of terrestrial planets like Earth. The mission will help scientists understand whether the core of a planet can be exposed by asteroid impacts or other geological processes.

NASA's Role:
As the developer of the Psyche spacecraft, NASA is responsible for the design, development, and execution of the mission. NASA's Jet Propulsion Laboratory (JPL) is leading the mission with support from various other institutions and organizations. JPL is responsible for the overall management of the mission, including spacecraft development, mission operations, and data analysis.

Key Features of the Psyche Spacecraft:
1. Solar Electric Propulsion: The Psyche spacecraft will be powered by solar electric propulsion, which uses electricity generated by solar panels to ionize propellant and produce thrust. This technology allows for efficient and precise orbital maneuvers, enabling the spacecraft to reach and study the asteroid.

2. Remote Sensing Instruments: The spacecraft will be equipped with a suite of remote sensing instruments to study the asteroid's surface, composition, and magnetic field. These instruments will include a multispectral imager, a gamma-ray and neutron spectrometer, and a magnetometer.

3. Mission Duration: The Psyche spacecraft is expected to launch in August 2022 and will take approximately four years to reach the asteroid. The mission duration is planned to be 21 months, during which the spacecraft will orbit and study the asteroid.

Conclusion:
In conclusion, the Psyche spacecraft, recently seen in the news, is developed by the National Aeronautics and Space Administration (NASA). This mission aims to explore the metallic asteroid 16 Psyche and gain insights into the formation and evolution of terrestrial planets. With its unique design and scientific objectives, the Psyche mission represents NASA's continued commitment to exploring the solar system and expanding our understanding of the universe.