Tag: capitalism

Northrop Grumman to launch new satellite serving mission in ’24 on Falcon 9

9:12 am

Capitalism in space: Northrop Grumman yesterday announced that it has awarded the contract for the first launch of its Mission Robotic Vehicle (MRV) — designed as a robot capable of installing multiple mission extension pods (MEP) on satellites — to SpaceX for a launch scheduled in 2024.

Once in orbit each MEP [Mission Extension Pod] is captured by the MRV and stowed for transport to the client satellite. The MRV rendezvous and docks with the client to install the MEP, which operates like an auxiliary propulsion device and uses its own thrusters to maneuver the client vehicle. Then the MRV detaches itself and moves on to grab another MEP for the next customer. The MRV is designed to stay in orbit for 10 years.

Anderson said the company expects to install as many as 30 propulsion pods over the life of the MRV.

“Our manifest for the MRV is full through mid 2026,” he said. Besides Optus, five other customers have signed term sheets to purchase mission extension pods.

Essentially, Northrop Grumman upgraded its Mission Extension Vehicle design to separate the repair section from the robot that installs it so that it is cheaper to launch everything. It can now launch multiple lighter and smaller repair pods as needed, with the robot already in orbit ready to go.

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Northrop Grumman launches Cygnus freighter to ISS

8:29 am

Capitalism in space: Northrop Grummann yesterday used its Antares rocket to successfully launch its Cygnus freighter to ISS.

This fact about this Cygnus is important:

This is the first Cygnus mission featuring enhanced capabilities to perform a re-boost to the space station’s orbit as a standard service for NASA; one re-boost is planned while Cygnus is connected to the orbiting laboratory.

In other words, Cygnus has been enabled to replace the boost capability that the Russians and Japanese provided.

The 2022 launch race:

6 SpaceX
2 China
2 Russia
1 Virgin Orbit
1 ULA
1 India
1 Europe (Arianespace)
1 Northrop Grumman

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Virgin Galactic chairman resigns

8:54 am

Getting out while the getting is good: Chamath Palihapitiya, who has been chairman of Virgin Galactic’s board since it went public in 2019, suddenly announced today that he has resigned from the company.

Palihapitiya’s SPAC, or special purpose acquisition company, took Virgin Galactic public in October 2019. The company’s stock has faced volatile trading since then — climbing above $60 a share in the months ahead of Sir Richard Branson’s test spaceflight, but it recently fell below its public debut price on news of a further delay in the start of commercial service.

The now-former chairman sold his personal Virgin Galactic stake in early 2021 that was worth over $200 million at the time. But he indirectly owns about 15.8 million shares through Social Capital Hedosophia Holdings.

Like Richard Branson, Palihapitiya sold the majority of his stock when the price was high, about the time the company flew its first and only passenger flight in July, with Richard Branson on board. His exit now suggests he wants out before the company’s dismal future prospects become obvious.

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You can now buy payload space on a lunar rover!

11:18 am

Capitalism in space: Lunar Outpost, which is building a mini-rover that will fly on the private Intuitive Machines lunar lander scheduled for launch later this year, has now partnered with the company Copernic to sell the rover’s spare payload space to whoever wants to buy it.

Lunar Outpost of Evergreen, Colorado, is preparing to send a 10-kilogram robotic rover to the moon on an Intuitive Machines lander and SpaceX Falcon 9 rocket later this year. While the lander’s primary payload is a Nokia LTE 4G technology demonstration, Lunar Outpost is working with Copernic Space to sell an additional 3.475 kilograms on its first Mobile Autonomous Prospecting Platform (MAPP).

…Copernic Space created the online platform to streamline the process of buying and selling space-related products and services like shares in a space startup, satellite sensor tasking or payload space. By applying blockchain technology, Copernic Space converts space assets into non-fungible or digital tokens, which are designed to be bought and sold online.

For the next 11 days, Lunar Outpost is selling a gram of payload capacity on its MAPP Lunar Rover for $4,250. The minimum order is 100 grams. In April, the public sale begins, allowing people to buy or sell as little as one-hundredth of a gram of payload space.

It appears purchase will be by using blockchain currency, and appears to also involve the purchase of “non-fungible or digital tokens”.

Normally I would applaud this effort, but the addition of these digital tokens makes the sale process seem less than straightforward and even a little suspicious. What exactly are customers buying? And what exactly will go to the Moon? Copernic’s website describes this process, but even there its seems exceedingly vague and uncomfortably like a con game.

From what I can gather, customers who buy payload space can use Copernic to create these non-fungible tokens which can then be resold to others to make back some of the cost. I wonder, however, why would anyone buy these tokens in the first place. As far as I can tell, they have absolutely no value in the real world.

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Astroscale about to resume space junk capture test

10:06 am

Capitalism in space: After several weeks of delay due to unstated technology issues, the Japanese company Astroscale has begun maneuvers in its test to see if its robot satellite can approach from a distance and capture a target satellite acting as orbital space junk.

The Japanese startup has started moving its 175-kilogram servicer spacecraft closer to the 17-kilogram client satellite ahead of deciding whether to restart the demonstration, Astroscale said in a social media post.

According to Astroscale, it has made “good progress in working through solutions to the anomalous spacecraft conditions that we identified with ELSA-d,” or End-of-Life Services by Astroscale-demonstration.

The company did not disclose the nature of the issue, when it could restart the mission or the distance between the two objects.

That no specifics have been stated, and that the company also says it is “keeping regulators and key partners updated on our status,” suggests that maybe the problem wasn’t technical, but bureaucratic. Maybe some Biden administration functionary got nervous, and demanded Astroscale slow down the test so that he or she could review what was happening.

This would not surprise me in the least, though I admit it is nothing more than some wild speculation.

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Blue Origin’s CEO wants to build more suborbital New Shepard spacecraft

9:56 am

Capitalism in space: Bob Smith, Blue Origin’s CEO, declared yesterday that the company has more space tourist customers than it can fly on its single New Shepard suborbital spacecraft, and wants to build more to handle the potential traffic.

Jeff Bezos’ space company Blue Origin flew 14 people to space in 2021, and CEO Bob Smith on Thursday said the firm needs to build more of its New Shepard rockets to meet the demand from the space tourism market. “I think the challenge for Blue at this point is that we’re actually supply limited,” Smith said, speaking at the FAA Commercial Space Transportation Conference in Washington.

If true, this is good news, for the suborbital tourist market. It means there might be enough business for both Blue Origin and Virgin Galactic to survive and make money, at least for a few years.

At the same time, Smith’s focus seems wildly misplaced, since it is the orbital market, not the suborbital space tourism market, where the future lies, as well as the really big money. Putting tourists on short ten minute hops to space might be exciting right now, but very soon it will seem very passe, as more and more orbital tourist flights take place.

I wonder if anyone asked Smith about the status of Blue Origin’s orbital rocket, New Glenn, which remains untested and years behind schedule, all because.the BE-4 engine that will power it is also years behind schedule. It would be nice to know when the first flightworthy engines will be delivered to ULA, as well as installed on New Glenn. Those engines were promised more than a year ago, and are still not a reality.

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Shetland spaceport in Scotland delayed

9:45 am

Capitalism in space: The proposed spaceport planned for the Shetland Islands in the United Kingdom is now delayed because a government planning committee has failed to put it on its schedule for discussion.

A spokesperson for SaxaVord UK Spaceport said the SIC has now confirmed to them that the application will not be on the agenda on Monday, and has given no clear indication when it will be discussed.

…The council’s development director Neil Grant said: “This is a complex planning application and recently there has been great deal of information flowing between the applicant, ourselves and statutory consultees. We are working hard to ensure this is presented to the planning committee for a decision as soon as possible.”

So there will be no confusion among my readers, this proposed spaceport is not the same as the Sutherland spaceport in Scotland, presently under construction. It is a competitor, and until recently faced opposition from environmentalists, who have now withdrawn their objections.

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Firefly savior Max Polyakov gives away his stock

9:58 am

Capitalism in space: Forced by the Biden administration to leave the smallsat rocket company Firefly Aerospace because he is not a U.S. citizen, the billionaire Max Polyakov — who brought the company back from bankruptcy — has now sold his 58% share to the company’s founder, Tom Markusic for one dollar.

His announcement of this decision did not speak well of the federal government:

I am giving up for 1 usd consideration all my 58% stake in Firefly to my co-founder and partner Tom. Dear CFIUS, Air Force and 23 agencies of USA who betrayed me and judge me in all your actions for past 15 months . I hope now you are happy . History will judge all of you guys. Max love Ukraine and yes I have Ukrainian passport and I am Founder of Firefly !!! Bye my “bird” and at the end of the days I proud what I done for my Land soul and heritage !!!

While it is generally not a good idea to have a non-U.S. citizen controlling a rocket company, Polyakov’s record here was outstandingly positive, for the U.S. Moreover, the Ukraine is a strong ally of the U.S., or used to be. To force him out for no reason seems irrational. A more rational approach would have been for the government to insist on monitoring his actions closely, so that only if he appeared to be acting against our interests would it act.

Polyakov’s decision to give Markusic the company further proves his good will. Too bad we have now lost him.

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OneWeb sued by businessman for not paying him

9:38 am

An American businessman with ties in Kazakhstan and who claims he used those ties to obtain permission for OneWeb to launch its satellites there has now sued OneWeb.

Giorgi Rtskhiladze, an American-Georgian businessman, claims that he was not paid for arranging space rocket-launch rights for OneWeb in Kazakhstan. The company received public funding in 2020 after filing for bankruptcy and winning the support of Dominic Cummings, then the Prime Minister’s most senior adviser.

The $30m claim, filed in New York, alleges that Mr Rtskhiladze successfully lobbied the Kazakh government to allow OneWeb to launch satellites from Kazakhstan and operate a ground station for its internet network but was not paid. Mr Rtskhiladze alleges that OneWeb defrauded him by keeping him engaged with Kazakh officials but then terminated his services only after he demanded payment. His work led to “hundreds of millions of dollars in value” for OneWeb, he claims.

OneWeb denies these claims entirely. The claims do appear suspicious because Russia was doing the launching, and it has a solid lease to do so with Kazakhstan. Moreover, it is very doubtful Kazakhstan would do anything to threaten those launches, considering Russia was making a lot of money from them and would not take kindly to such an action.

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China wants a formal hot line with U.S. and its companies to avoid space collisions

9:30 am

China last week proposed that a formal method of communications be established between it and the U.S. and its companies in order to avoid space collisions.

The proposal was made after Chinese officials once again claimed that several Starlink satellites had threatened its space station, something U.S. officials dispute.

At a Feb. 10 press conference, Zhao Lijian, spokesman for China’s Ministry of Foreign Affairs, reiterated claims the country made to the United Nations in December that it had to maneuver its space station twice in 2021 to avoid close approaches by SpaceX Starlink satellites. “China was fulfilling the international obligation stipulated by Article V of the Outer Space Treaty by informing the U.N. of the Starlink satellites’ dangerous approach to the Chinese space station that threatened the safety of in-orbit Chinese astronauts,” he said according to a government transcript, adding that the “in-orbit Chinese astronauts were facing real and urgent safety threats.”

China filed its notice with the U.N., he said, after failing to hear U.S. officials. “After the incidents, China’s competent authorities tried multiple times to reach the U.S. side via e-mail, but received no reply,” he said.

The U.S. government, though, tells a different story. In its own note verbale filed with the U.N., dated Jan. 28 and published by the U.N.’s Office for Outer Space Affairs Feb. 3, the U.S. says it never heard from the Chinese government about the close approaches by satellites designated Starlink-1095 and Starlink-2305.

This cat-and-mouse game is not simply about avoiding collisions in space. China this year will launch two more modules to its space station, using its Long March 5B rocket. Unless it has completely redesigned the rocket (very unlikely), the core stage for both launches will come crashing uncontrolled to the ground, causing endless bad press for China. These claims by China appear to be a propaganda effort to improve its image prior to those launches.

Nonetheless, establishing a better lines of communications with China to avoid future collisions makes sense. Right now U.S. companies are forbidden by law from communicating directly with China, which makes resolving collision threats difficult if not impossible.

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A rebranded Virgin Galactic to reopen ticket sales

9:14 am

Capitalism in space: Virgin Galactic today announced both a major rebranding of the company — significantly deemphasizing its links to Richard Branson — as well as a resumption of ticket sales for its suborbital flights.

Virgin Galactic opened ticket sales to the general public and rebranded itself today a week ahead of what promises to be another dismal quarterly earnings report. The company most recently reported to having 700 reservations for suborbital spaceflights, with plans to reach 1,000 later this year. Space tourism flights are currently scheduled for the fourth quarter of 2022.

Virgin Galactic’s battered stock, which opened at $8.93, soared by more than 29 percent to $10.50 on the New York Stock Exchange. The company is scheduled to report earnings (actually a loss) for the fourth quarter of 2021 on Feb. 22.

Tickets will cost $450K, with a $150K deposit required. It also appears that — in order to encourage sales — the company is capping present sales to the first 1,000 who provide the deposit. Since it has for years claimed it has 700 paying customers already, this suggests they are looking for only another 300 at this time.

Branson’s share in the company is now only about 11% — having successfully pumped and then dumped 80% of his shares — and it appears its management senses his name and the association with his Virgin Group now carries more negative than positive connotations. The new company logo for example shrinks the word “Virgin” so much that if you didn’t look close, you’d think the company was simply called “Galactic.”

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