Tag: Firefly Aerospace

Firefly honors the man who saved it from bankruptcy

9:37 am

Capitalism in space: Firefly Aerospace yesterday found a very unusual and entertaining way to celebrate the 43rth birthday of Max Polykov, the investor who purchased the company during bankruptcy proceedings and then rehired everyone so that the company could come back from the dead.

They decided to use one of their rocket engines to light the candles on his birthday cake. I have embedded the video of this effort below the fold. It is very clear that everyone at Firefly is immensely and sincerely grateful to Polykov for saving their company, which right now is among the leaders in the race to be one of the new rocket companies to meet the needs of the burgeoning new satellite industry.
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Firefly signs deal with satellite broker Spaceflight

9:29 am

Capitalism in space: Firefly Aerospace has signed a deal whereby the satellite broker Spaceflight will provide the payloads for one of Firefly’s Alpha rocket launches, planned for 2021.

The smallsat launch company already has several other launch contracts, even as development of its rocket proceeds.

Firefly is in the final phases of development of Alpha, and hopes to perform its first launch later this year. Markusic said the company is assembling the first flight vehicle, with plans to perform static-fire tests of the second stage in May and the first stage in June. Once those tests are complete, the vehicles will be shipped to Vandenberg, where work is continuing to modify Space Launch Complex 2 West, a former Delta 2 pad.

A lot can happen between now and 2021, but so far Firefly appears a strong candidate to launch and compete with Rocket Lab.

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Original investors sue Firefly

8:41 am

Capitalism in space: The original investors in Firefly Aerospace, cut out when the company went bankrupt, have filed suit against the reborn company.

A group of original shareholders in the defunct Firefly Space Systems have accused co-founder and CEO Tom Markusic of fraudulently conspiring with Ukrainian billionaire Maxym Polyakov to force the rocket company into bankruptcy in 2017 and reconstitute it under a nearly identical name without giving them any stake in the new venture.

Markusic “betrayed the trust of his original co-founders and investors and committed fraud to cut them out of his aerospace company. Instead of managing the operations of the Original Firefly, a revolutionary rocket company with endless potential, Markusic schemed with…Maxym Polyakov…to rob Plaintiffs of their investments and form a new company called Firefly Aerospace, Inc. (the ‘New Firefly’),” the plaintiffs said in a lawsuit.

The article at the link has a lot more information. Read it all.

This is also not the first time Markusic has been sued. He left Virgin Galactic to found Firefly, and was then sued by Branson’s company for stealing proprietary technology. That lawsuit was settled when Markusic agreed to not use that technology in Firefly’s rockets.

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Private lunar landing company backs out of NASA contract

9:23 am

Capitalism in space: The commercial lunar landing company, OrbitBeyond, has told NASA that it cannot fulfill its $97 million contract, only two months after that contract was announced.

NASA announced July 29 that OrbitBeyond informed the agency that “internal corporate challenges” will prevent it from carrying out a task order that NASA awarded the company May 31 as part of its Commercial Lunar Payload Services (CLPS) program. The company asked to be released from that contract, and NASA agreed.

NASA didn’t elaborate on what specific issues caused OrbitBeyond to scrap its contract with NASA, and the company didn’t immediately respond to a request for comment. At the May 31 event where NASA announced the contracts, Siba Padhi, chief executive of OrbitBeyond, said the company was still in the process of closing a round of funding. The company has not subsequently announced a funding round.

Considering its receipt of a $97 million NASA contract, it would be very puzzlingly for the company to be unable to obtain further investment capital. If anything, that contract should have encouraged funding. If the lack of funding is the cause of this termination then it also suggests the company had other problems.

This leaves NASA with two private lunar lander companies. I expect NASA will look to award the contract to a third company. The company Firefly and its team of Israeli Beresheet engineers comes immediately to mind.

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Beresheet design adopted by Firefly & Israeli private partnership

9:17 am

Capitalism in space: The American smallsat launch company Firefly Aerospace announced today that they will be partnering with a private Israeli company to use the design of Beresheet to build their own lunar lander for NASA.

Firefly Aerospace announced that it is partnering with Israel Aerospace Industries (IAI) to create a new lunar vehicle based on the crashed spacecraft’s blueprints. Firefly says this lander will build upon “lessons learned” from the accident to ensure that the new lander does not meet the same fate.

…If Firefly does mount a lunar mission, the company’s lander, called Genesis, will leverage much of the Beresheet design as well as the IAI team’s flight experience. “Firefly Aerospace is excited to partner with Israel Aerospace Industries to provide the only NASA CLPS program flight-proven lander design,” Shea Ferring, Firefly’s vice president of mission assurance, said in a statement. The name of the lander is also a nod to Beresheet, which means “Genesis” in Hebrew.

It appears that a group of engineers from the non-profit SpaceIL, that built Beresheet, have teamed up to form their own company. It also appears that they have some rights to the spacecraft’s design, and could take them with them.

Firefly is competing for a NASA contract to land on the Moon. This deal strengthens their bid considerably.

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Firefly completes full duration test of second stage engine

11:05 am

Capitalism in space: Firefly Aerospace has successfully completed a full duration static test fire of the second stage engine of its Alpha rocket.

During the test, all of the second stage’s flight avionics, structures, and propulsion systems were subjected to a sustained firing consistent with a normal flight mission. According to Firefly, preliminary analysis of data from the test show that all of the rocket’s systems performed nominally, and a post-test inspection revealed no observable degradation of the stage systems.

Firefly is attempting to complete development of its Alpha rocket, which has a capacity of up to 1 ton to low-Earth orbit, for a launch by the end of this year from Vandenberg Air Force Base in California. The company could reach another milestone as early as August, when Firefly anticipates performing the first long-duration test of the Alpha rocket’s first stage.

If the company succeeds in completing an orbital launch by the end of 2019, they will have leaped from the back of the pack to become one of the leaders in the smallsat rocket industry, in an incredibly short time. The company was thought dead in 2016 after a lawsuit appeared to bankrupt it. Since then it obtained significant new capital and has risen from the ashes, at a speed that appears astonishing.

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Firefly to build and launch from Florida

9:35 am

Capitalism in space: The smallsat rocket company Firefly Aerospace announced yesterday that it will build its rocket manufacturing facility at Cape Canaveral, as well as launch from there.

Texas-based launch startup Firefly Aerospace finally revealed its plan to build a manufacturing facility near Kennedy Space Center and outfit the Air Force’s Space Launch Complex 20 in Cape Canaveral for its two core launch vehicles — one of the first manufacturing facilities of its kind in the Sunshine State.

Firefly was shrouded under the codename “Maricopa” for months as Space Florida, the state’s space development agency, trickled out details of a deal that includes an 18-acre chunk of Exploration Park and 28 acres at LC20. The value of the deal is $52 million, and Firefly vows to put 200 of its 300 employees in the Cape.

Firefly’s first rocket, Alpha, will cost $15 million per launch, which means it will either launch a larger bunch of smallsats or they will be serving the larger smallsats in this new industry.

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Smallsat rocket company Firefly gets contract

8:56 am

Capitalism in space: The smallsat rocket company Firefly Aerospace had gotten a six-launch contract from Surrey Satellite Technology Limited (SSTL).

Firefly Aerospace, Inc. (Firefly), a developer of orbital launch vehicles for the small to medium satellite market, announced today the execution of a Launch Services Agreement (LSA) with Surrey Satellite Technology Limited (SSTL) for use of the Firefly Alpha launch vehicle.

“Firefly is pleased to enter into an LSA with SSTL to provide up to six Alpha launches from 2020 through 2022,” said Firefly CEO Dr. Tom Markusic. “The Alpha launch vehicle allows for deployment of SSTL satellites as a primary payload to their preferred orbit, rather than flying as a secondary payload on a larger launch vehicle.”

This company had been driven into bankruptcy by a Virgin Galactic lawsuit. It has now risen from the dead. Its rocket has not yet flown, but that it got a launch contract indicates some confidence in them by Surrey. The company says it will do the first launch late in 2019, and become operational by 2020.

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Firefly Aerospace shows off its Lightning-1 rocket engine

9:15 am

Capitalism in space: Firefly Aerospace earlier this week did a demonstration static fire test of its Lightning-1 rocket engine, designed as the upper stage engine for its Alpha rocket.

Currently under development, the engine will power the upper stage of the company’s 95-foot-tall (29-meter-tall), two-stage Firefly Alpha rocket. The full vehicle will be capable of sending some 2,200 pounds (1000 kilograms) into low-Earth orbit (LEO) for about $10 million. Additionally, it will be able to send 1,300 pounds (600 kilograms) into a 310-mile (500-kilometer) Sun-synchronous orbit.

These numbers suggest to me that this rocket will be comparable to India’s PSLV. At $10 million per launch, it will beat everyone else in that rocket class. They expect to do their first test orbital launch sometime in late 2019.

Firefly Aerospace had gone bankrupt because of a successful lawsuit against it by Virgin Galactic. It then found new backers and came back from the dead.

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