Swiss Space Systems declared bankrupt

Swiss Space Systems, which only a few years ago appeared to be on the cusp of competing successfully in the new space industry, was declared bankrupt on December 14.

The biggest factor to the company’s failure could be the attack that occurred against the company’s president in September, of which it appears he has not completely recovered. The attack itself remains unexplained, but before the attack the president had received threats, and the company’s offices were broken into and vandalized.

Head of Swiss Space Systems attacked

Horror: The CEO of Swiss SpaceSystems (S3) was attacked and badly injured last week in an attack that was appears to be connected to a series of threats he had reported in the last several months.

Pascal Jaussi, 40, who heads Swiss Space Systems (S3), was beaten up and set on fire by two unknown perpetrators on August 26th in a forest in the canton of Fribourg, reported the Tribune de Genève on Monday. News of the attack was not released until his condition improved, said the paper. The CEO’s life is now out of danger but he remains in a serious condition in hospital, it said.

The entrepreneur was found near his vehicle and transported to Lausanne’s CHUV hospital with burns on 25 percent of his body. According to the paper’s sources, Jaussi was forced to drive his car into a forest, where he was doused in petrol and set on fire. He managed to get himself out of the vehicle and call a friend, who alerted emergency services.

This does not sound like a random attack, but something planned by someone who was trying to make a point. In that context, the threat and attack could be related to some personal issue of Jaussi’s that we are unaware, or it could be connected to his company, which if successful will challenge many other big aerospace players.

Swiss company buys jet for vomit-comet

The competition heats up: A Swiss company has purchased an Airbus wide-body jet for use as a commercial zero gravity vomit comet.

What makes this different than previous zero-g companies is that they plan to fly a lot of people for a reasonable amount of money.

Prices range from 2,700 Swiss francs ($2,826) for a seat in the “party zone” with up to 40 passengers to as high as 65,000 francs for the VIP Room, which will hold up to 12 passengers, who will also get a luxury watch and can keep their flight suit.

While SpaceShipTwo continues to sit on the ground, European space tourism competitor Swiss Space Systems (S3) has initiated zero g flights for its customers.

The competition heats up: While SpaceShipTwo continues to sit on the ground, European space tourism competitor Swiss Space Systems (S3) is going to initiate zero g flights for its customers.

These are not suborbital flights, but they will provide customers with the experience of weightlessness in a flight similar to that provided by the vomit comet that Zero-G flies. Eventually this company plans its own suborbital spaceship, but this way they get their customers in the air as soon as next year, rather waiting for more than a decade for development to get completed.

An unmanned spacecraft designed to get rid of space junk is set to launch in 2018, and use a new European built reusable launch system.

The competition heats up: An unmanned spacecraft designed to get rid of space junk is set to launch in 2018, and use a new European built reusable launch system.

Both components of this story are significant. First, a company has gotten the necessary financing to build the spacecraft, proving that there is profit to be made in the removal of space junk. Second, the launch system is simple and reusable, and will lower the cost of getting small payloads into orbit significantly. And it appears it is being built.