Radian raises $27.5 million to develop single-stage-to-orbit spaceplane
Capitalism in space: The startup Radian Aerospace announced yesterday that it has raised $27.5 million in private investment capital to fund the development of a single-stage-to-orbit spaceplane it dubs Radian One.
Radian has disclosed few technical details about the Radian One design. The seed round “essentially helps us transition more robustly into the hardware development phase,” Holder said. The company’s work to date has focused on the conceptual design and a few key technologies, such as test-firing “critical elements” of the vehicle’s main propulsion system.
The company said it has launch service agreements for Radian One with commercial space station developers, in-space manufacturers, satellite, and cargo companies, as well as agreements with the U.S. government and selected foreign governments. It did not identify specific customers, value of any such agreements or schedules for delivering those launch services.
Company officials seem confident they can do this. Their chief technology officer worked on the failed 1990s single-stage-to-orbit X-33 project, and is convinced the advances in technology since now make such a spaceplane possible.
We shall see. Radian faces stiff competition, as it is one of more than a hundred new orbital rocket companies. Its advantage, if successful, is its completely reusable airplane-like design.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Capitalism in space: The startup Radian Aerospace announced yesterday that it has raised $27.5 million in private investment capital to fund the development of a single-stage-to-orbit spaceplane it dubs Radian One.
Radian has disclosed few technical details about the Radian One design. The seed round “essentially helps us transition more robustly into the hardware development phase,” Holder said. The company’s work to date has focused on the conceptual design and a few key technologies, such as test-firing “critical elements” of the vehicle’s main propulsion system.
The company said it has launch service agreements for Radian One with commercial space station developers, in-space manufacturers, satellite, and cargo companies, as well as agreements with the U.S. government and selected foreign governments. It did not identify specific customers, value of any such agreements or schedules for delivering those launch services.
Company officials seem confident they can do this. Their chief technology officer worked on the failed 1990s single-stage-to-orbit X-33 project, and is convinced the advances in technology since now make such a spaceplane possible.
We shall see. Radian faces stiff competition, as it is one of more than a hundred new orbital rocket companies. Its advantage, if successful, is its completely reusable airplane-like design.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Bob, I would suggest “usable” in the last sentence be changed to “reusable” to emphasize the impact if the design – pardon the pun – manages to fly
Col Beausabre: Fixed. Twas supposed to be “reusable.” Thanks for letting me know.
Poor Gary Hudson….the Great Galactic Ghoul hexed all his projects with the Kiss Of Death. Then too, I thought Baikal would be the first reusable booster. Now, 27 million can get you a hanger, some tooling…and a little press to raise the REAL money needed. I remember someone here said Starship alone could be an SSTO with 30 tons of payload….I forgot who…