Tag: capitalism

Firefly hopes to raise more than $600 million in initial stock offering

9:03 am

The rocket startup and lunar lander company Firefly yesterday posted details about its initial public stock offering, designed to hopefully raise more than $600 million.

Firefly Aerospace, a market leading space and defense technology company, today announced that it has launched the roadshow for its proposed initial public offering of 16,200,000 shares of its common stock. In addition, Firefly intends to grant the underwriters a 30-day option to purchase an additional 2,430,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $35.00 and $39.00 per share.

The company stated it would use the money “to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for general corporate purposes.”

The company has not yet announced the date when this stock offering will become available for purchase.

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South Korea transfers its government-built Nuri rocket to private company

8:35 am

Capitalism in space: South Korea’s space agency KARI has now completed the transfer of its government-built Nuri rocket to the private South Korea company Hanwha Aerospace.

The transfer includes a total of 16,050 technical documents. While some 2 trillion won ($1.45 billion) in public funds was invested in developing the Nuri rocket, the two sides agreed on a technology transfer fee of 24 billion won, based on direct research and development costs. The agreement comes nearly two years and 10 months after Hanwha Aerospace was selected as the preferred negotiator.

Under the contract, Hanwha Aerospace has secured exclusive rights to lead Nuri production until 2032, which coincides with the government’s target for the next-generation Korean launch vehicle. [emphasis mine]

The highlighted phrase is important, as it shows that this transfer is not completely shifting space development and ownership from the government to the private sector. Hanwha is going to operate the rocket, but it does not appear to own it, nor is it clear it will be allowed to market it to others for profit. Furthermore, it is not Hanwha but KARI that will be developing the next-generation rocket, using government funds.

The dominance of the South Korean government is also reflected in the cost, as the article notes that the Nuri rocket costs “per kilogram … about 10 times that of SpaceX’s reusable Falcon 9.” Like all governments, KARI was not focused on profit in developing Nuri, so it built a rocket uncompetitive in the present launch market.

Still, this deal indicates the South Korean government’s recognition that it must foster a robust private sector aerospace industry if it truly wishes to enter the space age. This deal is thus just a first step.

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Bankrupt balloon company Space Perspective bought by European company

10:15 am

The bankrupt high-altitude balloon company Space Perspective has now been purchased by the Spanish balloon startup Eos X Space.

Space Perspective “will operate with full autonomy, under U.S. leadership and corporate structure,” Eos X Space representatives said in an emailed statement on Thursday (July 24). Space Perspective’s efforts will dovetail with those of Madrid-based Eos X Space, an aerospace outfit founded in 2020 that has been working on a balloon-tourism system of its own.

Eos X is one of three Spanish balloon startups, all vying to provide high altitude flights to tourists, with the other two companies being Zero-2 and Halo. All three have been in a long legal fight, with the latter two indicted in 2023 over the theft of Eos X’s balloon concept. In an earlier legal action, Zero-2 claimed its concept was stolen by Eos X.

None, including Space Perspective, has as yet actually flown any tourists.

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Another two launches by SpaceX and China

10:01 am

There were two more launches last night and today. First, SpaceX put another 24 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Vandenberg in California. The first stage completed its 19th flight, landing on a drone ship in the Pacific.

Next, China today successfully launched another five satellites in its planned Guiwang (“king”) internet constellation of 13,000 satellites, its Long March 6 rocket lifting off from its Taiyuan spaceport in northern China. No word on where the rocket’s lower stages crashed inside China.

This launch brought the total number of operational satellites in orbit for this constellation to 39, all launched since December 2024. At this pace it will take many years for China to complete this constellation, though it likely can begin selling the service in China with an incomplete constellation. Its international licence requires it to launch 10% by 2029 and 50% by 2032.

The leaders in the 2025 launch race:

93 SpaceX
38 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 93 to 67.

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Texas Space Commission hands $5 million to proposed spaceport in the middle of Texas

12:21 pm

US and Mexico
Click for source.

In what can only be seen by anyone with any objectivity as a political payoff that has no chance of ever producing anything worthwhile, the Texas Space Commission (TSC) has given the Midland International Air and Space Port a $5 million grant to develop its proposed spaceport for vertical rockets in the middle of west Texas.

The spaceport is one of three facilities — along with ILC Aerospace in Houston and SylLab Systems in Plano — that received grant funding as part of the Space Exploration and Aeronautics Research Fund (SEARF). The SEARF provides funding to eligible companies, including government entities that the TSC is partnered with, to fund such purposes as technology development, research, workforce training, curation of materials and development of infrastructure. In its history, the SEARF fund has provided $126 million worth of grant money to 22 different projects.

…Although requested and managed by the city of Midland, the vertical launch site will be in Balmorhea in Reeves County, around the same site as the International Rocket Engineering Competition earlier this summer. The area can currently support suborbital rocket launches, but the vertical launch site is expected to support orbital flight, which will complement their horizontal launch system and high speed corridor for hypersonic flight.

The map to the right shows the location of Midland and Balmorhea. As you can see, this site makes no sense for vertical rocket launches, unless every rocket launched from the site is completely reusable. Even then, it faces major political hurdles to get permission to fly rockets over all the neighboring communities and states. The FAA would certainly have doubts.

In other words, this $5 million grant is a nice pay-off from one government agency to another, with its only purpose to spread some graft around.

That the Hearst-owned Midland Reporter-Telegram news article at the link recognizes none of this, and simply and naively spouts the propaganda put forth by government officials, once again illustrates the bankruptcy of our so-called “mainstream” press.

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Europe and SpaceX complete two launches late yesterday

10:01 am

Both Europe and SpaceX successfully completed launches in the early morning hours today.

First Arianespace, the European Space Agency’s (ESA) commercial arm, used Avio’s Vega-C rocket lifting off from French Guiana to put five satellites into orbit, including four high resolution Earth observation satellites and one climate satellite. This was only the third launch for Arianespace in 2025, two of which were of the Vega-C.

Next, SpaceX placed 28 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Cape Canaveral. The first stage completed its 22nd flight, landing on a drone ship in the Atlantic.

The leaders in the 2025 launch race:

92 SpaceX
37 China
10 Rocket Lab
9 Russia

SpaceX now leads the rest of the world in successful launches, 92 to 66, with another Starlink launch scheduled for tonight.

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Dassault lobbies ESA to fund its Vortex reusable mini-shuttle

9:51 am

Dassault's proposed Vortex mini-shuttle
Dassault’s proposed Vortex mini-shuttle. Click for original.

The French aerospace company Dassault is now lobbying the European Space Agency to help finance its proposed Vortex reusable mini-shuttle, comparable in concept to Sierra Space’s Dream Chaser spacecraft.

The company had first announced this project in June.

While the June announcement included few details, a 25 June hearing of the French National Assembly’s Committee on National Defence and the Armed Forces revealed that the mission is expected to be launched in 2027 aboard a Rocket Lab Electron rocket. The hearing also disclosed that the demonstration mission has a total budget of €70 million, with Dassault providing more than half of the funding and the remainder coming from the French government.

Dassault is now attempting to get more funding from ESA. In June it had signed an agreement with ESA to partner on building a demonstrator, but it was not clear that agreement included funding. It certainly did not include funding for the full scale operational mini-shuttle.

Overall, the structure of funding and the design of the project is good, and demonstrates again Europe’s sharp shift to the capitalism model in the past two years. Dassault will design, build, and (most importantly) own the shuttle, allowing it to market it to many customers. It is also committing a significant amount of its own funds to the project. The funding from France and possibly ESA appears mostly that of a customer buying the services of this product from the company.

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Starlink went down for almost 3 hours yesterday

9:31 am

In what is a rare event, SpaceX’s Starlink satellite constellation was out of service yesterday for about 2.5 hours “due to failure of key internal software services that operate the core network.”

Starlink experienced an outage Thursday afternoon that went on for 2.5 hours and took down at least tens of thousands of people’s satellite internet service. “Starlink is currently in a network outage and we are actively implementing a solution. We appreciate your patience, we’ll share an update once this issue is resolved,” Starlink posted on X at 1:05 p.m. PT/4:05 p.m. ET.

Though Starlink has yet to confirm that services are fully up and running again, Downdetector showed reports of issues had dropped to just 1,600 as of 4:30 p.m PT after they’d spiked to around 60,000 at about 1 p.m. PT

CNBC incorrectly tried to pin this internet outage to the start yesterday of T-Mobile’s new cellphone-to-Starlink text and emergency subscription, but that makes no sense, since the two use different Starlink satellites.

Since the constellation began offering customers its service several years ago the number of such global outages has been very rare. If anything, Starlink has been far more reliable than almost all comparable land line internet services.

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T-Mobile makes its Starlink capability available to everyone

9:34 am

T-Mobile officials yesterday announced that it is now offering its Starlink text and location cellphone capabilities available by subscription to all users, whether or not they are a T-Mobile customer.

On Wednesday, T-Mobile CEO Mike Sievert announced that the Starlink-powered service is officially out of beta, though it only supports text messaging and location-sharing for now. The new satellite coverage option is called “T-Satellite,” and it’s currently available as a standalone subscription. It’s being offered at $10 per month for a “limited time,” before increasing to $15 per month. It also comes included for customers on the carrier’s $100 per month Experience Beyond or older Go5G plans.

Your device will automatically connect to T-Satellite if you’re in an area with no cellular coverage. As long as there isn’t a heavy amount of cloud coverage or trees blocking your view of the sky, you should be able to send and receive text messages, including to 911, as well as share a link that temporarily tracks your location.

At present, the service is only available in the United States, though it will expand as SpaceX launches more cellphone-to-satellite Starlink satellites. T-Mobile also expects to add voice capability as well.

Nor is this the only option. AT&T is partnering with the satellite company AST SpaceMobile to offer similar services.

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Mexico’s president says it will investigate SpaceX for doing salvage operations off its coast

9:26 am

Mexico to SpaceX:
Mexico to SpaceX: “Nice business you got here. Shame
if something happened to it.”

You can’t win with these people: First Mexico’s president Claudia Sheinbaum complained loudly about the debris that landed or washed up on its beaches after several of SpaceX’s Starship/Superheavy test launches, demanding an investigation followed by sanctions against the company.

Now Sheinbaum is complaining and demanding a new investigation about SpaceX’s effort the last two weeks to salvage and remove that debris from the ocean off its coast.

During a passage of her daily press conference, Sheinbaum said the agencies are analyzing whether the company has to be sanctioned after its unit tasked with clearing debris from the Starship launch, located in the Gulf of Mexico, worked without proper authorization. “We are investigating but the Environment, Navy, Digital Transformation, Government and Foreign Relations secretariats are conducting their research. The study is practically done,” Sheinbaum said.

Navy Secretary Raymundo Pedro Morales Angeles said the company hired by SpaceX to retrieve debris from its Starship rocket was allowed to enter the country but didn’t fulfill the requirements to work and ended up leaving the country.

If this behavior doesn’t prove Sheinbaum’s lust for power and control, nothing will. She doesn’t really care about Mexico’s beaches or environment. If she did, she would celebrate SpaceX’s salvage operations. What she really doesn’t like is that someone is doing something without her permission. She is the boss, and SpaceX better remember that!

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Rocket startup IRocket mergers with investment company

9:10 am

The rocket startup IRocket has now gone public by merging with the special purpose acquisition company (SPAC) BPGC, with the latter committing $400 million in investment capital in the merged company.

Innovative Rocket Technologies Inc. (iRocket), a next-generation reusable space rocket developer, and BPGC Acquisition Corp. (BPGC), a special purpose acquisition company sponsored by The Hon. Wilbur Ross, the 39th U.S. Secretary of Commerce with more than 55 years of private equity and investment banking experience, and BPGC Management LP, an independent private equity firm dedicated to opportunistic buyouts and special situations transactions in the global industrials, materials and chemicals sectors, jointly announced today that they have entered into a definitive Merger Agreement and Plan of Merger dated July 22, 2025, in connection with the previously-announced letter of intent.

Upon closing, the combined company will operate under the name iRocket Technologies Inc. and the parties will plan to list the combined company on Nasdaq.

The press release at the link makes a lot of very ambitious claims about the company’s proposed rocket, claims that so far appear to be nothing more than nice PowerPoint graphics.

iRocket’s Shockwave launch vehicle is uniquely designed for recovery and reuse of all of its stages. Just as airplanes fly multiple flights, iRocket will Recondition, Reload, and Relaunch™ its rockets in under 24 hours. iRocket’s patented liquid rocket engines will maintain high efficiency through descent as well as ascent. iRocket’s engines will be fueled with sustainable liquid oxygen and methane, which burns cooler, imparts less stress on components, and further supports iRocket’s unique 24-hour turn-around time. Being on a leading edge with its rocket engine expertise, iRocket is also developing solid rocket motors that will transform boosters, missiles, and interceptors.

The company has been around since 2018, yet as far as I can determine has never launched anything. One would hope that something real will begin to finally happen with this infusion of significant new capital.

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JAXA/Mitsubishi test upgraded engines for H3 rocket

8:42 am

Japan’s space agency JAXA, working with Mitsubishi, successfully completed today a static fire test of new more powerful engines to be used on its new H3 rocket, thus eliminating the need for solid-fueled boosters with the goal of reducing the rocket’s cost.

Thursday’s test involved the sixth H3 rocket, which is a Type 30 test vehicle that has three main engines and no boosters. The three main engines were fired for 25 seconds while the rocket remained attached to the launchpad. JAXA will check acceleration, temperature and other data collected during the test.

This new version of the H3 is expected to do its first launch before the end of 2025. If successful, the launch price compared to JAXA’s now retired H2A rocket will be cut in half, to about $35 million, a number that will almost be competitive with the Falcon 9. SpaceX officially charges about $70 million per launch, but it is believed it could reduce that price significantly — some estimate to as low as $20 million — and still make a profit.

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Rocket Lab’s new Neutron rocket faces red tape delays at Wallops

10:00 am

Proposed dredged channel
Proposed dredged channel. Click for original.

We’re here to help you! Rocket Lab appears to be having regulatory problems getting approvals to transport hardware for its new Neutron rocket to its new launchpad at the Mid-Atlantic Regional Spaceport (MARS) on Wallops Island in Virginia, delays that might prevent it from launching as planned later this year.

It appears the company needs to dredge a deeper channel to ship the heavier Neutron hardware into Wallops, but it has not been able to begin work because of approval delays by the federal government.

The dredging project was approved by VMRC [Virginia Marine Resources Commission] in May, but the company has yet to start digging because it’s still awaiting federal sign-off from the Army Corps of Engineers.

Lacking this approval and unable to get the channel ready for this year’s launch, the company is seeking permission to use a stop-gap different approach to transport the hardware through these shallow waters.

Kedging, a little-known nautical method, is used to ensure the barges can safely navigate the existing shallow channel. Workers would use a series of anchors and lines to steer the barge through the shallow waters. The company is seeking permission to use this method through the end of June 2026 or until the dredging work is complete, whichever comes first.

Lacking an okay to do even this alternative approach, Rocket Lab will be forced to transport the hardware using “ramps and cranes,” an approach that is impractical in the long run for achieving a profitable launch pace. It also would likely result in not meeting its targeted launch date before the end of 2025 for the first Neutron launch.

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Trump administration moving to reduce rocket launch environmental regulations

9:16 am

FAA logo

According to a draft executive order that has not yet been released, the Trump administration is planning a major revision of the FAA’s environmental and launch regulations that has badly impacted rocket companies, with the goal of streamlining licensing.

The order would give Trump even more direct control over the space industry’s chief regulator by turning the civil servant position leading the FAA’s Office of Commercial Space Transportation into a political appointment. The last head of the office and two other top officials recently took voluntary separation offers.

The order would also create a new adviser to the transportation secretary to shepherd in deregulation of the space industry.

…The draft order also seeks to restrict the authority of state coastal officials who have challenged commercial launch companies like SpaceX, documents show. It could lead to federal officials interfering with state efforts to enforce their environmental rules when they conflict with the construction or operation of spaceports.

The order would also have the secretary of transportation ‘reevaluate, amend, or rescind’ sections of Part 450, the FAA licensing regulations that it imposed during the Biden administration that was supposed to streamline licensing but ended up adding considerable new red tape which contributed significantly to squelching the new launch industry that had popped up during the first Trump term.

As is usual for the propaganda press, the article at the link implies that these changes would result in horrible environmental consequences as well as increased safety risks to the public. What it does not note is that these changes appear to simply return the regulatory framework back to what existed prior to the Biden administration, a framework that had existed for more than a half century previously. The environment and public safety did just fine under those more freedom-oriented rules. I am sure both will do just fine again.

This order might also help explain Trump’s decision to withdraw Jared Isaacman as NASA administrator and appoint Transportation Secretary Sean Duffy as interim NASA administrator. The order puts much of this work on his head, and having him in charge of NASA will likely aid that work.

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SpaceX launches two SES communications satellites

2:41 pm

Despite a launch abort yesterday at T-11 seconds for unstated reasons, SpaceX followed up by successfully completing the launch today, sending two SES communications satellites into orbit with its Falcon 9 rocket lifting off from Cape Canaveral in Florida.

This was SpaceX’s fifth launch for this SES constellation, during which it has placed a total of ten satellites into orbit. The first stage completed its sixth flight, landing on a drone ship in the Atlantic. The fairings completed their ninth and twenty-first flights respectively.

A few hours earlier a different SpaceX rocket had another launch abort at about T-43 seconds, this time because of a local power outage. That launch has been rescheduled for later this evening.

The leaders in the 2025 launch race:

90 SpaceX
37 China
10 Rocket Lab
8 Russia

SpaceX now leads the rest of the world in successful launches, 90 to 64.

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Local county abruptly stops delivering water to Boca Chica

9:04 am

Without any warning Cameron county early this month abruptly stopped its decades-long delivery of water to residents of Boca Chica and the newly formed town of Starbase.

[T]he county suddenly stopped the $15 monthly service — with no notice — earlier this month, said Keith Reynolds, a Starbase resident unaffiliated with SpaceX.

“Abruptly cutting off water service without notice poses safety and public health risks,” Kent Myers, Starbase’s city administrator, wrote in a letter to County Commissioner Sofia Benavides, whose precinct includes that stretch of Texas 4. Starbase, he pointed out, “has neither the legal authority nor operational capacity to deliver water to these residents.”

Neither the county nor Commissioner Benavides has responded to multiple requests for comment about the decision. Reynolds said the county and Benavides “decided to leave everybody high and dry without water — didn’t say a word.”

…Reynolds, who’s had his troubles with his SpaceX neighbors over the years — including power surges, traffic, drones and behavior he’s described as bullying, said the county’s recent move bothers him more than anything SpaceX has done. “That’s just a willful denying of basic services to your residents,” he said. “You can’t just stop being a provider of water for a whole community.”

The county’s action including cutting off service to residents both inside Starbase and those nearby.

SpaceX has been topping off residents tanks for the time being at no charge. It is in the process of establishing its own water system, but for these locals to access it will require them to sign agreements that require them to evacuate during launches if ordered to by SpaceX.

The lack of explanation or warning strongly suggests the county’s actions were a political retaliation against the recent creation of the town of Starbase. County Commissioner Benavides had previously opposed the recently passed state law that gave Starbase the power to close Boca Chica’s beaches.

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Founder of Saxavord spaceport diagnosed with terminal cancer

9:51 am

Proposed spaceports surrounding Norwegian Sea
Proposed spaceports surrounding Norwegian Sea

Frank Strange, the founder and CEO of the Saxavord spaceport in the Shetland Islands, yesterday revealed that he has been diagnosed with terminal cancer and is given about six months to two years to live.

He said he was hopeful to be present for what could be the first orbital rocket launch from UK soil now expected to happen in November of this year.

Speaking to Shetland News on Thursday, the 67-year-old said the future of the spaceport was in good hands with a highly capable management team and very supportive investors.

Reflecting on his health, Strang said he had been struggling eating over past months. An endoscopy a few weeks ago discovered a tumour in his oesophagus (gullet) which was found to be cancerous and had also spread to the lungs. “I am going to step back but not down,” he said. “If I step down that would probably kill me before the cancer does.

“The spaceport has been my life; it has come at a high personal cost over the years.”

It would truly be a tragedy if this man dies before the first launch at Saxavord occurs. The German rocket startup Rocket Factory Augsburg had hoped to do a launch there last year, but an explosion during a prelaunch static fire test made that impossible. It hopes to try again in December, assuming the United Kingdom’s odious red tape does not get in the way.

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Polish rocket startup signs second spaceport deal this week

9:38 am

Santa Maria spaceport

The Polish rocket startup SpaceForest today announced that it has signed a deal to launch its Perun suborbital rocket with the Atlantic Spaceport Consortium that is developing a spaceport on the island of Santa Maria in the Atlantic.

The launch planned for early 2026 will allow for comprehensive testing of launch procedures and confirmation of the capabilities and compliance of the Polish platform for conducting space experiments and research outside Poland, fully aligned with international standards. The mission will also serve as an opportunity to verify the operation of the PERUN suborbital flight system under nominal mission parameters.

This is the second spaceport launch contract SpaceForest has signed this week, the first being with the Eurospaceport launch platform to be located in the North Sea. According to the press releases, the Santa Maria launch will likely occur first. SpaceForest has also signed an agreement to launch its rocket from Norway’s Andoya spaceport. All three contracts suggest the company is marketing its suborbital rocket to new proposed European spaceports as a way to demonstrate the spaceport’s viability as a launch location.

The Santa Maria spaceport was first proposed by the Atlantic Spaceport Consortium in August 2024, and has already done two suborbital test launches, both using what appeared to be large model rockets. This contract gives it is first customer.

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Musk: 10th Starship/Superheavy launch in “about three weeks”

12:31 pm

According to a very short tweet Elon Musk posted on July 15, 2025, SpaceX will attempt the 10th orbital test flight of Starship/Superheavy in “about three weeks.”

Musk however provided little information. This is the full text of his tweet:

Launching again in ~3 weeks

The lack of information raises more questions than it answers. For example, how is SpaceX replacing the destroyed Starship that blew up during a static fire test in June on its Massey test stand at Boca Chica? I assume it is using another prototype already in the assembly line, but will it be a version 2 prototype that the company has flown on the past three flights that failed each time after stage separation from Superheavy? Or has SpaceX dumped the prototypes of version 2 and shifted directly to version 3 because of those failures?

How is it going to do its Starship prelaunch static fire tests? Has it gotten its Massey test stand repaired that quickly, or has it found other options? Earlier reports suggested fixing the stand would take much longer. Furthermore, there was the question of fixing it for version 2 or version 3, which require different configurations. Fixing it for version 2 suggested this would delay bringing version 3 on line.

This tweet raises more questions than it answers. However, if Musk is even close to correct than many of these questions will be answered in only a week or two, since that is when prelaunch static fire test must begin.

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Proposed North Sea offshore launch platform gets ESA okay

10:38 am

Launch platforms proposed for North Sea
Launch platforms proposed for North Sea

The proposed North Sea offshore launch platform of the startup Eurospaceport has now signed an agreement with the European Space Agency to support a test launch of a suborbital test rocket by Polish rocket startup SpaceForest.

The map to the right shows approximately where Eurospaceport’s launch platform will be located for this launch. The map also shows the locations of the two proposed spaceports in the United Kingdom, as well as a second German-based launch platform, Offshore Spaceport Alliance, based out of Bremen.

The SpaceForest launch is targeting a 2026 launch, with the ESA contract covering some of the expenses. As it will be suborbital, the rocket will likely not cross over any nearby habitable land.

The Offshore Spaceport was first proposed in 2020, and has received financial support from the German government, and announced earlier this year that it would be ready to host launches by September 2025. As of yet no launches have been scheduled.

Both of these launch platforms will need to travel farther to the west in the North Sea to provide any orbital rockets a path north that will not fly over other nations. Even so, launches for both will likely be limited to polar orbits, making their value less appealing to rocket companies.

At the same time, their proximity to Europe and the ability of the launch platforms to dock in Europe gives them other advantages that will be of interest to the German rocket startups.

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New Space Force policy will encourage a robust private industry to build the capabilities it needs

9:39 am

Capitalism in space: The U.S. Space Force (USSF) today released what it calls an “annex,” outlining its “Principles for Space Access Resourcing Decisions,” that will act as an over-arching guidance to its general space policy. The nine principles listed are expressly focused on encouraging redundancy in launch and satellite military capabilities by using the robust private and competitive aerospace industry that now exists.

The annex details how the service will consider and prioritize commercial space sector requests for government resources, as well as government investment decisions. The annex features nine principles, rooted in law, that will guide the Assured Access to Space Enterprise’s decision-making on a variety of resourcing decisions including acquisition strategies, investment priorities and property allocation. … “These principles reflect our understanding that a strong commercial space industry is a force multiplier for the U.S. Space Force. We are committed to working alongside our industry and allied partners to ensure safe, reliable and resilient access to space for decades to come,” [said Deputy Chief of Space Operations for Strategy, Plans, Programs and Requirements Lt. Gen. Shawn N. Bratton.]

The annex signals an acknowledgment of the evolution of the space access landscape from the 1950s, in which the government was the primary customer, to today where commercial space activities account for the preponderance of launch manifest activities.

You can read the full “annex” here [pdf]. The principles clearly emphasize the need to use the private sector for the military’s needs. It also underlines the Space Force’s responsibility to serve the needs of this growing private sector by making its launch ranges as available as possible to that industry.

The principles however also recognize that strain caused that increased use, and adds this last principle as a caveat:

Launch rates at Cape Canaveral Space Force Station and Vandenberg Space Force Base have increased to the point where commercial and hybrid launches comprise the vast majority of operations. The demand for operational support and infrastructure sustainment and modernization exceeds USSF resources. Therefore, the USSF transparently engages with stakeholders to arrange equitable cost-sharing of multi-use resources and balanced input on public/private infrastructure investment.

It makes excellent sense for the military to re-negotiate its fees with the launch companies that use its facilities to cover costs. In fact, this is a much better way to cover these costs than the launch taxes proposed by Senator Ted Cruz’s budget bill in June. Cruz’s proposal is a legal tax that allows no room for negotiation. The Space Force’s policy will allow it flexibility to negotiate fees as needed and with much greater efficiency and speed.

Sadly, expect Cruz’s taxes to win out, as this kind of heavy-handed overuse of government power has been the default for decades.

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Satellite companies SES and Intelsat complete their merger

9:07 am

The Luxembourg-based satellite company SES has now completed its acquisition of the European-based satellite company Intelsat, giving the combined company 120 active satellites in a variety of low and high Earth orbits.

With a world-class network including approximately 90 geostationary (GEO), nearly 30 medium earth orbit (MEO) satellites, strategic access to low earth orbit (LEO) satellites, and an extensive ground network, SES can now deliver connectivity solutions utilising complementary spectrum bands including C-, Ku-, Ka-, Military Ka-, X-band, and Ultra High Frequency. The expanded capabilities of the combined company will enable it to deliver premium-quality services and tailored solutions to its customers. The company’s assets and networks, once fully integrated, will put SES in a strong competitive position to better serve the evolving needs of its customers including governments, aviation, maritime, and media across the globe.

Both companies are long established, with Intelsat initially founded in the mid-1960s as a consortium of 23 nations aimed at launching the first geosynchronous communications satellites over the Atlantic and Pacific serving most of the Old World and linked to the New.

The merger is an attempt by both companies to compete with the new low-orbit constellations of SpaceX, Amazon, and from China.

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Mars meteorite sells at auction for $5.3 million

12:46 pm

The largest Mars meteorite found so far on Earth sold yesterday at auction for $5.3 million, a million dollars more than expected.

The 54-pound (25-kilogram) rock named NWA 16788 was discovered in the Sahara Desert in Niger by a meteorite hunter in November 2023, after having been blown off the surface of Mars by a massive asteroid strike and traveling 140 million miles (225 million kilometers) to Earth, according to Sotheby’s. The estimated sale price before the auction was $2 million to $4 million.

The identity of the buyer was not immediately disclosed. The final bid was $4.3 million. Adding various fees and costs, the official bid price was about $5.3 million.

Most Mars’ meteorites found on Earth are scooped up in Antarctica as part of government funded research. Thus, they are not available for sale. This rock was found by a private meteorite hunter, who then owned the rock free and clear and could do with it as he or she liked. It appears the hunting paid off handsomely.

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Axiom’s ticket price for India’s astronaut on Ax-4 mission: $59 million

10:38 am

According to reports today in the India press, the price Axiom charged India’s space agency ISRO for training and then flying its astronaut on the just completed Ax-4 two-week mission to ISS was $59 million.

The expenditure by ISRO includes cost of [Shubhanshu] Shukla’s training for the mission as well as that of a seat on SpaceX’s Dragon spacecraft for the 20-day trip that launched Shukla, and three others — Peggy Whitson from the US, Slawosz Uznanski-Wisniewski of Poland and Tibor Kapu of Hungary — to space.

Earlier reports had suggested Axiom was charging $70 million per ticket. If the $59 million is accurate and applies to the charges Poland and Hungary paid, then Axiom’s revenue for the flight was $177 million. From that it would have to pay SpaceX (for the launch and the use of its Grace capsule) and NASA (for the use of ISS). Based on past history, SpaceX likely charged around $70 million for the launch. The cost for using Grace is unknown. NASA’s fees for a two-week visit to ISS were probably around $10 million plus.

My guess, based on this very limited information, is that Axiom made some profit from the flight, ranging from $20 to $50 million.

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SpaceX planning to use Starship for manufacturing in space

10:00 am

It appears the enthusiastic investment response last week to the potential of using Varda’s re-turnable capsule for manufacturing in space (especially of pharmceuticals) has caught SpaceX’s interest. According to a news report yesterday, SpaceX has now begun developing a program to use Starship for the same purpose, delivering the raw materials in orbit for short or long periods while these products are produced automatically and then returning them for sale on Earth.

Under the plan, internally called Starfall, SpaceX’s Starship rocket would bring products such as pharmaceutical components to space in small, uncrewed capsules, said one of the people, who spoke on condition of anonymity because the matter is confidential.

Starship would then deploy the capsules, which would spend time in orbit before reentering the atmosphere, where they could be recovered back on Earth, the person added.

This description by this anonymous source seems inaccurate however. Why even consider using these small separate capsules when the entire operation can be put inside Starship, which can then bring everything home when ready? Moreover, Starship’s ability to put a lot of mass in a large space up into orbit gives it an great advantage over the smaller capsules being developed by companies like Varda.

Either way, the advantages of weightlessness for producing products for profit are finally being realized, after decades of blockage by government intransigence. Since the Challenger accident in 1986 and Reagan’s order that the shuttle would no longer not be used for commercial purposes, NASA has forbidden production on its spacecraft and ISS of any products for sale afterward.

Now that the cost of launch has dropped significantly (Thank you Elon Musk!), many investors and companies are seeing great potential for manufacturing in space. And those profits will help feed a private space industry, making the government agency of NASA even more irrelevant.

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SpaceX completes its first launch for Amazon

11:39 pm

SpaceX tonight successfully launched 24 Kuiper satellites for Amazon’s internet constellation, its Falcon 9 rocket lifting off from Cape Canaveral in Florida.

The first stage completed its first launch, landing on a drone ship in the Atlantic. This was the third new stage launched in 2025, and follows the company’s recent pattern of launching between one to three new stages per year. The two fairings completed their 27th and 28th flights respectively. As of posting the satellites had not yet been deployed.

This was SpaceX’s first launch for Amazon, out of an initial contract of three launches. The launch was also Amazon’s third Kuiper satellite launch, the previous two by ULA on its Atlas-5 rocket, launching 27 satellites each. While ULA seems poised to begin regular launches for Amazon, having a contract for 46 launches (with completed two), the contracts for Blue Origin’s New Glenn (27 launches, and ArianeGroup’s Ariane-6 (18 launches) are more uncertain. Neither company has achieved any launches on their contracts, and it is not clear when either company, especially Blue Origin, will ever begin regular launches.

This slow launch pace from these companies is a serious problem for Amazon, which is required by its FCC licence to get 1,600 satellites in orbit by July 2026. For this reason, there are rumors that Amazon might switching more launches to SpaceX, as it has the capability of to launch frequently.

We will have to wait and see.

The leaders in the 2025 launch race:

88 SpaceX
37 China
10 Rocket Lab
8 Russia

SpaceX now leads the rest of the world in successful launches, 88 to 64.

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SpaceX launches 26 Starlink satellites

7:18 pm

SpaceX this evening successfully placed another 26 Starlink satellites into orbit, its Falcon 9 rocket lifting off from Vandenberg in California.

The first stage completed its fourth flight, landing on a drone ship in the Pacific.

The leaders in the 2025 launch race:

87 SpaceX
37 China
10 Rocket Lab
8 Russia

SpaceX now leads the rest of the world in successful launches, 87 to 64.

SpaceX also has another launch scheduled in just a few hours from Cape Canaveral, launching 24 Kuiper satellites for Amazon. This is SpaceX’s first launch for Amazon, out of contract of three launches. It will also be the third Kuiper satellite launch, the previous two by ULA on its Atlas-5 rocket, launching 27 satellites each.

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The failed MethaneSat climate satellite apparently had problems from launch

10:24 am

According to a detailed New Zealand news report today, the failed MethaneSat climate satellite — funded and operated by the Environmental Defense Fund — apparently had significant problems during its short fifteen month life-span, going into safe mode many times, before failing completely last month.

An earlier report from this same news outlet described more fully the issues — which began in September 2024 only about six months after launch.

The mission’s chief scientist has now said more intense solar activity because of a peak in the sun’s magnetic cycle has been causing MethaneSAT to go into safe mode. The satellite has to be carefully restarted every time.

There has also been a problem with one of the satellite’s three thrusters, which maintain its altitude and steer the spacecraft. MethaneSAT says it can operate fully on two thrusters.

It appears there is a lot of unhappiness in New Zealand for spending $32 million on this project that was designed, built, and operated by an environmental activist organization with little space experience.

What is clear now is that the spacecraft likely got relatively little data during its fifteen month life span.

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Axiom’s commercial manned mission to ISS splashes down safely

8:56 am

Axiom’s fourth commercial manned mission to ISS successfully splashed down off the coast of California early this morning, returning its astronaut commander, employed by Axiom, and three government passengers from India, Poland, and Hungary after spending two weeks at the space station and eighteen days total in space.

For all three nations this was their second manned flight, and the first in more than four decades. All three had previously flown astronauts on Soviet era Soyuz missions, with Poland and Hungary’s astronauts visiting the Salyut 6 station in 1978 and 1980 respectively, and India’s astronaut visiting the Salyut 7 station in 1984.

The mission also marked the inaugural flight of SpaceX’s new Grace reusable manned Dragon capsule, the fifth such spacecraft in its fleet. SpaceX’s fleet is now larger that NASA’s space shuttle fleet ever was.

If you watch the live stream at the link, it is once again important to note that everyone you see on the screen, except for these three government astronauts, are employees of SpaceX or Axiom. There is no government involvement at all in the splash down procedure. It is entirely commercial and private affair.

In other words, who needs NASA for spaceflight? It clearly is not required.

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