Another green company, backed with federal grants from both the Bush and Obama administrations, has gone bankrupt.
A dollar here, a dollar there, who cares? It’s the thought that counts!
In the days ahead there is going to be a lot of talk about Newt Gingrich’s proposals for space exploration. I think it important that people actually see and listen to the entire speech before discussing it. Here is the longest clip I can find on youtube, covering the first seven and a half minutes. I think it is complete, but unfortunately, I can’t be sure. It doesn’t appear to include his remarks about awarding space prizes, and when it ends Gingrich does not appear to be finished. When I find a longer clip I will post it.
Several points immediately come to mind:
» Read more
Romney and Gingrich and their contrasting space policy views, as stated during in Florida debate last night.
Stratolaunch announced yesterday the groundbreaking of its production facility and hanger at Mohave.
Bill Harward has some details on the cause of the Dragon/Falcon 9 launch delay.
Essentially, nothing seems critical. They found a few minor issues that they felt needed more testing, and are simply making sure these issues are resolved before launch. All in all I find this report very encouraging. Stay tuned.
An evening pause: This is the kind of thing which makes me prefer Southwest, when I have to fly.
Orbital Sciences has once again delayed its first launch of Antares, the rocket that will lift its Cygnus cargo capsule to ISS.
A hold-down test of Orbital Sciences Corp.’s Antares rocket, a prerequisite for the launch vehicle’s maiden flight, likely will not be completed before April because of ongoing tests and certification work on the vehicle’s launch pad at Wallops Island, Va., a launch official said.
As much as I am a fan of these private companies (Orbital and SpaceX), I also recognize the great risks. Both companies are building new rockets and capsules, and have many enemies. If they fail, those enemies will jump on their effort like sharks, ready to shut them down and move all government funding to NASA’s big heavy-lift program. Thus, they have to succeed. Better to delay and get things right then hurry and have them blow up in everyone’s face.
Bad news: The satellite communications company Intelsat has backed out of a deal to have a robot refuel some of its orbiting satellites.
Apparently Intelsat would rather rake in the cash by launching new satellites rather than take a risk at a new technology that could save its customers a lot of money.
The ten most hated companies in America. All of which seem to have forgotten that the customer voluntarily gives them his or her money.
And to balance the sheet: The ten most admired companies in America.
That one company shows up on both lists, however, kind of tells us all how silly these lists are.
Life imitates art: The X-Prize announced today a $10 million prize for anyone who can build McCoy’s tricorder from Star Trek.
The X PRIZE Foundation and Qualcomm Foundation said the prize, announced at the Consumer Electronics Show in Las Vegas, will go to the team that “develops a mobile platform that most accurately diagnoses a set of 15 diseases across 30 consumers in three days,” a release from the the two foundations said. The device must be light enough to be portable, weighing no more than 5 pounds.
An evening pause: Some important engineering.
Another space tourism company, Xcor, has announced its test flight schedule for 2012.
Taxi tests are scheduled to begin in October or November, which will be quickly followed by a short hop and finally a brief first flight by the end of the year.
An iPad, dropped from 100,000 feet, still functioned afterward. With video.
Researchers in California have produced a cheap plastic capable of removing large amounts of carbon dioxide from the air.
The article focuses on how this could save us from global warming. What I see is a possible tool for making the construction of interplanetary spaceships more practical. On any vessel in space, something has to cleanse the air of carbon dioxide. Finding a cheap way to do this makes building those vessels much easier.
NASA administrator Bolden met with former Apollo astronauts today to smooth over his agency’s attempt to prevent their ability to sell artifacts from their missions.
Is there profit in outer space?
A detailed look at Orbital Sciences’ effort to provide cargo to ISS.
Estimates are that ObamaCare will succeed in insuring 32 million otherwise uninsured people. If economic studies are correct, once these folks are insured, they will try to double their consumption of health care. On top of that, ObamaCare does something that Massachusetts did not do. It will force the vast majority of people who already have insurance to switch to more generous coverage. For example, everyone will have to be covered for a long list of preventive care and diagnostic screenings, with no copay and no deductible. Once people have this extra coverage, they will be inclined to take advantage of it.
Get prepared, then, for a huge increase in the demand for care. The result will be growing waiting lines — at the doctors’ offices, at hospital emergency rooms, at the health clinics, etc.
The pattern here has been the same worldwide, in every country that has tried it: Let the government interfere with the “invisible hand” of the market and the market gets distorted in ways that no one predicted that are also counterproductive.
India moves ahead with the construction of its own reusable spaceship.
ArianeSpace will make a profit in 2011, the first time in three years.
Helped by the two Soyuz campaigns, which occurred in October and December, Arianespace in 2011 apparently averted a third consecutive year of losses. Its financial accounts are not finalized until June, but Le Gall said the company expects to report a slight profit on about 985 million euros in revenue.
In other words, it was the addition of the Russian low-cost Soyuz rocket to their fleet that helped avoid another year’s loss. This doesn’t reflect well on the profitability of the Ariane 5 rocket.
