Tag: capitalism

Axiom & UK entertainment company propose film studio in space

10:03 am

Film studio balloon

Capitalism in space: Axiom has signed a deal with British-based entertainment company, Space Entertainment Enterprise (SEE) to add an inflatable film studio module to its private commercial space station.

Axiom Space’s modules are to be added to the ISS throughout the second half of the 2020s. SEE-1 would be added along with these components.

Once the ISS program is near its end, the plan is for the commercial segment to be detached to form an independent station.

According to SEE, the spherical studio module is planned to be about 20 feet (6 meters) in diameter once fully expanded in space. Its interior is expected to provide an “unobstructed pressurized volume” that can be adapted for a range of media activities, including film production, music, sports and livestreaming events.

The graphics that accompanied the press release of the British company make me very skeptical of it. Posted on the right, it shows this inflatable module as a simple sphere, like a balloon. No manned module ever built, including the inflatable modules launched by Bigelow, has ever looked anything like this. This suggests a certain level of ignorance from the entertainment company which also suggests this project really doesn’t yet exist. The press release and agreement with Axiom seems instead merely an effort to drum up investment capital from investors who know even less.

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Radian raises $27.5 million to develop single-stage-to-orbit spaceplane

9:54 am

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.

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SpaceX now blocked from Pakistan; OneWeb signs deal to operate in India

9:44 am

Capitalism in space: Two stories this morning suggest that the competition between the internet satellite constellations Starlink and OneWeb is being partly influenced by local politics, with the influence favoring OneWeb and hindering SpaceX.

First, Pakistan ordered SpaceX to stop taking preorders from its citizens for its Starlink system.

The Pakistan Telecommunication Authority (PTA) said in a Jan. 19 news release that “Starlink has neither applied for nor obtained any license from PTA to operate and provide internet services” in the country. The telecoms regulator advised the general public to refrain from pre-booking the service in Pakistan through Starlink or associated websites.

This order follows a similar decree in India. Like India, SpaceX had apparently not been granted a license or permit to take preorders. SpaceX has now been blocked entirely from the subcontinent by the governments of both countries.

Second, OneWeb and Hughes announced a partnership agreement to distribute its internet service in India.

In the statement, OneWeb’s CEO Neil Masterson said the company would partner with Hughes to “offer high-speed, low-latency satellite broadband solutions and contribute to the Digital India vision”. OneWeb’s constellation, he said, would cover the length and breadth of India, from Ladakh to Kanyakumari and from Gujarat to the Northeast and bring secure solutions to enterprises, governments, telcos, airline companies and maritime customers. “OneWeb will invest in setting up enabling infrastructure such as Gateways and PoPs in India to light up the services,” he added.

According to the announcement, OneWeb intends to start offering its service this year.

OneWeb is half-owned by the Indian-based Bharti group. It seems that this connection with India has greased the bureaucratic wheels in that country for OneWeb, allowing it begin offering its services there. It also appears that this same connection with India is likely one reason both India and Pakistan have put a break on SpaceX’s operations.

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Flight dates for SpaceX’s next two manned flights to ISS revised

9:24 am

Capitalism in space: A NASA official yesterday announced that the flight dates for SpaceX’s next two manned flights have been firmed up, with the private commercial Axiom AX-1 flight delayed from February 21st to March 31st, followed two weeks later by NASA’s own manned mission on April 15th.

Axiom has also noted that this commercial flight, piloted by a former NASA astronaut and carrying three passengers, will be its only commercial manned flight in ’22.

…Commanded by former NASA astronaut Michael López-Alegría, Ax-1 will only carry private citizens. Each paying $55 million for the privilege, the mission’s three customers are Larry Connor, Mark Pathy, and Eytan Stibbe – all businessmen who’ve respectively amassed multmillion-dollar fortunes in real estate; entertainment and shipping; and military equipment and venture capitalism.

Their Dragon spacecraft will be Resilience, making its third flight.

Axiom’s next private commercial flight has now been delayed until ’23.

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Upper stage of ABL rocket explodes during ground test

9:16 am

Capitalism in space: During a ground test of the upper stage of ABL Space Systems RS1 rocket an “anomaly” occurred that caused an explosion, apparently destroying the stage.

No one was hurt, but the company has released few details about what happened. We do not know if the explosion occurred during an engine static fire test, or during a pressure test of the stage’s tanks.

The company’s first launch was in October supposed to happen in December, then was shifted to January. This incident will certainly delay it further.

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Israel approves Artemis Accords

8:51 am

The Israeli government has apparently agreed to sign the American-led Artemis Accords, making it the fifteenth nation to do so.

While Israel’s foreign ministry has not released an official statement on the issue, local media reports said a signing ceremony involving NASA Administrator Bill Nelson and Israel Space Agency Director-General Uri Oron is expected the week of Jan. 23. ISA will host the 17th Ramon International Space Conference on Jan. 25 as part of Israel’s Space Week.

Once Israel officially signs, the full list of signatures will be as follows: Australia, Brazil, Canada, Israel, Italy, Japan, Luxembourg, Mexico, New Zealand, Poland, South Korea, the United Kingdom, the United Arab Emirates, Ukraine, and the United States.

Since the accords are designed to encourage private enterprise and private property rights in space, both Russia and China oppose them. The lack of both France and Germany to sign at this point suggests the politicians presently in charge of those capitalist countries are reconsidering their commitment to free enterprise.

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Boeing and NASA still aiming for a May launch of unmanned Starliner test demo

7:58 pm

Capitalism in space: Boeing and NASA are still targeting a May launch of Starliner’s unmanned test demo flight to ISS, delayed since August because of a valve issue in the service module.

Though they think they have identified and fixed that sticky valve problem, they have also decided to replace the service module for the demo flight, using the module originally planned for the first manned flight that will follow.

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SpaceX launches another 49 Starlink satellites

7:14 pm

Capitalism in space: SpaceX tonight used its Falcon 9 rocket to launch 49 Starlink satellites into orbit.

The first stage successfully landed on a drone ship in the Atlantic Ocean, completing its 10th flight. SpaceX now has three four first stages that have completed at least ten flights. (The correction comes from a comment by one of my readers below.)

The 2022 launch race:

3 SpaceX
1 Virgin Orbit
1 China

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Launch of Kickstarter campaign for Pioneer game delayed till Feb 1

9:58 am

Lunar colony, 2173
From the proposed Pioneer video game: a lunar base in 2173,
part of the independent nation, United Lunar.

Because of a number of issues related to marketing, Aaron Jenkin yesterday made the decision to delay slightly the start of the Kickstarter campaign to raise funds for developing his video game based on my science fiction book, Pioneer.

Instead of starting today, Aaron has shifted the date back two weeks to February 1st. From the project’s newsletter, just sent out to those who have subscribed:

To be blunt, we’ve had a surprisingly difficult time in the past few weeks getting the word out about our campaign. And I can tell from looking at the results of our efforts so far, we need to grind away a little longer to solidify our success. With that said, we’ve updated Mr. Zimmerman on where we stand, and we’ve plotted the course that we’ll take over the next two weeks to accomplish our mission.

For a number of reasons, Aaron felt he needed another two weeks to ramp up the marketing campaign. While this means his campaign for funds will coincide with my annual February fund-raising campaign for Behind the Black, we decided to go ahead anyway, figuring the synergy of both might work to our advantage, making 2+2=6.

If you, as a fan of my writing, are thinking of donating to this video game project, I strongly urge you to subscribe to the newsletter. You can do so at the game’s webpage, PioneerSpaceGame.com. Aaron uses the subscription numbers as a guide to measure interest.

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Philippino presidential candidate meets with SpaceX officials

9:35 am

SpaceX officials have held a virtual meeting with two senators from the Philippines, one of which is running for president, to discuss allowing Starlink service in their country as well as the establishment of a launch site.

TOP executives of SpaceX met with Senators Emmanuel “Manny” Pacquiao and Aquilino “Koko” Pimentel 3rd to discuss the use of low-orbit satellites to provide cheap internet to the Philippines. SpaceX is a space exploration company owned by technology magnate and billionaire Elon Musk.

During the virtual meeting on Saturday, the SpaceX executives also talked about the possibility of setting up a spaceship launch pad in the Philippines.

Pacquiao also proposed projects for Musk’s other companies, Tesla and Boring. He seems enthusiastic about bringing SpaceX to the Philippines. The odds right now of him becoming president however is not great, according to recent polling. This meeting with SpaceX was clearly an effort by him to garner attention and increase his poll numbers.

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Stratolaunch’s giant Roc airplane makes third test flight

9:22 pm

Capitalism in space: Stratolaunch today successfully completed the third test flight of its giant Roc airplane, now being optimized to provide a test bed for launching hypersonic test vehicles.

Today’s flight was conducted from California’s Mojave Air and Space Port and lasted four hours and 23 minutes. It came nearly three years after Roc’s first aerlal test, and almost a year after the second flight. The outing’s main objective was to evaluate the airplane’s performance and handling characteristics at increased altitude, and to retract and extend the left mid-main landing gear.

Stratolaunch said Roc reached an altitude of 23,500 feet at an indicated air speed of 180 knots (207 mph), besting the previous flight test’s maximum altitude of 14,000 feet. Before landing, the plane’s crew conducted a couple of close approaches for testing purposes.

The company plans about six to eight more Roc test flights leading up to the first test flights of its hypersonic Talon-A test vehicle, of which Stratolaunch is presently developing two.

I have embedded below the fold the video of the flight, cued about one hour twelve minutes after the start of the live stream to the moment Roc takes off. Those geeks in my readership might want to go back to the beginning to hear the full almost six-hour-long broadcast. My impression is that Stratolaunch provided some excellent announcers to provide technical details describing what is happening.
» Read more

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Virgin Galactic wants to borrow $500 million from investors to stay afloat

8:52 am

Capitalism in space: Virgin Galactic announced yesterday that it is offering investors a chance to loan it up to $500 million, an effort apparently to keep the company operating while it refits its WhiteKnightTwo carrier aircraft and its Unity spacecraft.

The company plans private offerings of $425 million in convertible senior notes that will mature in 2027, and an additional $75 million in notes is expected to be granted to the buyers, it said in a statement.

In response, the stock price for the company tumbled, dropping for the second time below the initial $11.75 price offered two years ago when the company went public. Unlike the previous time last week, the price has not quickly recovered, but has continued to fall, dropping to a new low today under $10.

When the company went public in early 2019, it predicted it would be flying commercial tourist flights in 2020. That did not happen, which should have been no surprise to investors considering the company’s failed track record of meeting its promised schedule. At present it says that the first commercial flight will occur near the end of this year. Don’t bet on it. I would not be surprised it bankruptcy occurs first.

Freedom carries great opportunity. It also carries great risk. For those who invested in Virgin Galactic and did not sell right after its one and only suborbital tourist flight in July ’21 (as did the company’s founder Richard Branson), it appears they are about to experience the latter.

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