SpaceX successfully launches 50 Starlink satellites

Capitalism in space: SpaceX today successfully launched another 50 Starlink satellites using its Falcon 9 rocket.

The first stage, on its fourth flight, landed successfully on the drone ship in the Pacific. The fairings completed their third flight. The satellites themselves have not yet been deployed, as of this moment. Deployment is expected in about an hour.

The leaders in the 2022 launch race:

8 SpaceX
2 China
2 Russia

SpaceX is so far maintaining a launch rate of one launch per week in ’22, as the company had predicted.

Space spat between Biden and Rogozin over Russian invasion of Ukraine

Yesterday saw harsh words expressed by both President Biden and the head of Roscosmos, Dmitry Rogozin, concerning the partnership of the two countries at ISS, with Biden imposing sanctions and noting these will specifically harm Russia’s space industry, and Rogozin responding by threatening to dump ISS on either a U.S. or European city.

In Biden’s statement, he said, “We estimate that we will cut off more than half of Russia’s high-tech imports, and it will strike a blow to their ability to continue to modernize their military. It will degrade their aerospace industry, including their space program,”

Rogozin’s response came in a series of tweets on Twitter, with his most bellicose statements as follows:

Do you want to destroy our cooperation on the ISS?

This is how you already do it by limiting exchanges between our cosmonaut and astronaut training centers. Or do you want to manage the ISS yourself? Maybe President Biden is off topic, so explain to him that the correction of the station’s orbit, its avoidance of dangerous rendezvous with space garbage, with which your talented businessmen have polluted the near-Earth orbit, is produced exclusively by the engines of the Russian Progress MS cargo ships. If you block cooperation with us, who will save the ISS from an uncontrolled deorbit and fall into the United States or Europe? There is also the option of dropping a 500-ton structure to India and China. Do you want to threaten them with such a prospect? The ISS does not fly over Russia, so all the risks are yours. Are you ready for them?

Meanwhile, it isn’t Russia’s space industry that will suffer the most from this invasion, but Ukraine’s. For example, the American company Launcher, which has had a software team in the Ukraine, has moved most of that team to Bulgaria for their safety.

As a precaution given the escalating political situation, during the last few weeks, we successfully relocated our Ukraine staff to Sofia, Bulgaria, where we opened a new Launcher Europe office. We also invited their immediate family to join them in this move and funded their relocation expenses. We continue to encourage and support five of the support staff and one engineer who decided to remain in Ukraine.

The company’s press release makes it clear that it is no longer dependent in any way with facilities in the Ukraine.

Launcher’s actions will not be the last. Expect all Western commercial efforts linked to the Ukraine to break off ties in order to protect their investments. Moreover, if Russia should recapture the Ukraine entirely, it will likely not give much support to its space industry, as Roscosmos has developed its own Russian resources in the past two decades and will likely want to support those instead.

Thus, the expected destruction of that country’s aerospace industry by Russia’s invasion proceeds.

Stratolaunch’s Roc successfully completes 4th test flight

Capitalism in space: Stratolaunch’s Roc airplane, the largest ever flown, successfully completed its 4th flight yesterday, testing for the first time the retraction and extension of its landing gear.

The flight lasted one hour and forty-three minutes.

The company is now aiming to begin full operations in the second half of ’23, when it hopes it will also be dropping versions of its Talon-A test vehicle from the bottom of Roc to perform hypersonic tests for the military as well as commercial companies.

The deadly impact of Russia’s Ukraine invasion on commercial space, on ISS, and beyond

The International Space Station
The Russian invasion might be signaling the end of the ISS partnership.

Though the international ramifications of the invasion of the Ukraine by Russia in the past week will be far reaching and hard to predict, we can get a hint by reviewing the impact on Russia’s long-standing partnership on ISS as well as the effect the invasion will have on a number of commercial enterprises dependent on both Russian and Ukrainian space rocketry.

The International Space Station

All signs so far from the western partners on ISS indicate that they are guardedly hopeful that the cooperation with Russia will continue unimpeded. According to two stories (here and here) describing a panel discussion today at George Washington University Space Policy Institute, state department officials expressed complete confidence that the partnership at ISS will continue without interruption, as it did in 2014 when Russia invaded the Crimea, taking it from the Ukraine. From the first link:
» Read more

Viet View – In The Year 2525

An evening pause: This is a cover of the classic Zager and Evans 1960s song. It also cleverly uses material from numerous post-1980s sci-fi movies to match the words. Overall, those movies portray a brave new world future (as Huxley saw it), humorless, soulless, and inhumane — as does the song.

Hat tip Bob Robert.

Astra releases update on February 10th launch failure

Capitalism in space: Astra yesterday released an update on its investigation into its February 10th launch failure at Cape Canaveral.

The update doesn’t provide any conclusions, but merely notes that the company has completed its review of all “video and telemetry” from the event, and has reconstructed a full timeline from that data.

It is now reviewing that timeline to create what engineers call “fault trees”, each a specific scenario path pointing at a possible cause of the failure. Once that cause has been identified, engineers can then propose a solution.

According to the press release, the company is already “implementing corrective actions”, though the release provides no information as to what the cause was or what they are doing to correct. It states instead that once the investigation and corrections have been completely, the company will then release a full report.

Meanwhile, it appears that at least six law firms are considering suing the company, which became a publicly traded company in July 2021. These law firms “…are seeking clients who lost significant amount of money after purchasing the stock.” The launch failure caused the stock value to drop significantly, and these law firms apparently think that the company has made false claims about its plans — such as its claim that it will eventually be launch 300 times per year — and wish to put together a class action lawsuit based on this accusation plus the drop in stock price.

Whether Astra can meet its goal of 300 launches per year is certainly at this time questionable. However, it is too soon to call the company a failure. Once it recovers from the launch failure and resumes launches — a process that for any new rocket company generally takes a few years — that stock price will certainly recover, and will rise with each successful launch.

Only should Astra fail to resume launches, or continue to fail with each launch, will the stock truly crash, and thus provide these law firms with a possible case.

At the same time, in a free society we are supposed to recognize the concept of “buyer beware.” If you buy a product or a stock, it is at your own risk. If you fail to do due diligence beforehand, your loss is your responsibility, not the company who made the product or whose stock crashed.

It appears, based on everything Astra has so far done, an investment in its stocks while quite risky has not been an unreasonable gamble, making the present case for these lawsuits somewhat weak. Time will tell however whether that changes in the future.

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

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.

Northrop Grumman launches Cygnus freighter to ISS

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

Virgin Galactic chairman resigns

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.

You can now buy payload space on a lunar rover!

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.

Astroscale about to resume space junk capture test

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.

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

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.

Shetland spaceport in Scotland delayed

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.

Firefly savior Max Polyakov gives away his stock

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.

OneWeb sued by businessman for not paying him

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.

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

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.

A rebranded Virgin Galactic to reopen ticket sales

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.”

Orbex installs launchpad at test site

Capitalism in space: Orbex has now completed the installation of the first launchpad build in Great Britain in more than a half century, and will use it for static fire tests of its Prime rocket.

Full ‘dress rehearsals’ of launch procedures for the Orbex ‘Prime’ rocket can now take place at the test site. Orbex Prime is a micro-launcher designed to transport small satellites weighing around 150kg to low Earth orbit. It will eventually launch from its ‘home’ spaceport at Sutherland in the North of Scotland.

Actual launches will occur on a different launchpad at Sutherland. Whether it will be this launchpad, moved to Sutherland, or a second new pad built at Sutherland, has not yet been decided by the company. Either way, according to earlier releases, the company is targeting that first launch before the end of the year. Since it took about two months to build this first launchpad and deliver it, the decision to build a second pad will not impact that schedule.

SpaceX begins filling methane tanks at Starship launchsite in Texas

Capitalism in space: SpaceX has begun the slow process of filling the storage tanks at its launchpad in Boca Chica with the methane that will be used by its Starship and Superheavy rocket once launched.

To fill the two existing tanks, which may store enough methane to fuel a stacked Starship and Super Heavy about 4/5ths of the way, SpaceX will need around 40-50 more tanker deliveries. Since last November, SpaceX has completed more than 320 liquid nitrogen and 200 liquid oxygen deliveries – equivalent to about 6700 tons (~14.8M lb) of LN2 [liquid nitrogen] and 4200 tons (~9.3M lb) of LOx [liquid oxygen]. If SpaceX maintains that average and focuses entirely on LCH4 [methane], the two horizontal tanks could be filled to the brim before the end of February.

Having a substantial amount of [methane] stored at the orbital tank farm will finally allow SpaceX to attempt the first major wet dress rehearsals (WDRs) and, more importantly, the first full static fires with flightworthy Super Heavy booster prototypes. Of course, a tank farm with full supplies of LOx, LCH4, LN2, and their gaseous equivalents is also a necessity for the first orbital Starship launch attempt, which has most recently slipped from a target of mid-2021 to no earlier than (NET) Q2 2022, pending regulatory approval.

The article also notes that the way SpaceX built two vertical methane tanks at the launchpad appears in violation of Texas regulations, and might either need a waiver from the state or be rebuilt in order to be used. Subsequently the company has added two horizontal tanks that conform to regulations, and it is these tanks it is now filling. More tanks however will have to be added to give it the fuel needed for launch.

SpaceX and Jared Isaacman announce another private Dragon flight

Capitalism in space: SpaceX and Jared Isaacman, the man who organized and commanded the Inspiration4 private commercial manned Dragon flight last fall, today announced a second private commercial Dragon flight, scheduled for this coming fall.

SpaceX plans to launch a new private astronaut mission, Polaris Dawn, from Florida as early as Nov. 1 and will attempt to conduct the first private spacewalk in history, the company announced Monday.

Businessman Jared Isaacman, founder and CEO of the payments company Shift4, will command the mission, having previously he led the first all-private orbital mission in September known as Inspiration4. Isaacman is an experienced jet pilot.

The crew will also include two SpaceX engineers, Sarah Gillis and Anna Menon, as mission specialists and Isaacman’s business associate, Scott “Kidd” Poteet, as pilot.

The flight will attempt to achieve a higher orbit than even the highest flights during the U.S. space program’s Gemini missions that flew 853 miles above the Earth with astronauts Pete Conrad and Richard Gordon.

Isaacman has also tied this flight to more fundraising for St. Jude’s Children’s Research Hospital in Memphis, suggesting that he was very happy with the charity received in connection with his Inspiration4 spaceflight. If this new flight comes off as planned, Isaacman will follow it up with two more SpaceX manned flights.

For the spacewalk, SpaceX will have to complete the development of its own EVA spacesuit, and have four suits available for the crew since Dragon capsules do not have an airlock.

Krisztina Vellai – Aerial Silk Act

A evening pause: Don’t try this at home.

Hat tip Phill Oltmann.

Want to make a suggestion for an evening pause? Behind the Black could use your help. If you’ve done it before you know the routine. If not, mention that you have something in the comments but don’t post the link to it. I will contact you.

The guidelines:

1. The subject line should say “evening pause.”
2. Don’t send more than three in any email. I prefer however if you send them one email at a time.
3. Variety! Don’t send me five from the same artist. I can only use one. Pick your favorite and send that.
4. Live performance preferred.
5. Quirky technology, humor, and short entertaining films also work.
6. Search BtB first to make sure your suggestion hasn’t already been posted.
7. I might not respond immediately, as I schedule these in a bunch.
8. Avoid the politics of the day. The pause is a break from such discussion.

FAA delays Starship approval again

Death by a thousand cuts: The FAA today announced that it is once again delaying the release of the final version of its environmental reassessment of SpaceX’s Boca Chica facility, the PEA, that will allow Starship orbital launches to occur there.

The FAA intended to release the Final PEA on February 28, 2022. The FAA now plans to release the Final PEA on March 28, 2022 to account for further comment review and ongoing interagency consultations.

Though the draft PEA had approved SpaceX future Starship operations at Boca Chica, all signs continue to point to heavy resistance to making that approval official both within the Biden administration as well as those other “interagency consultations.”

I predict that the FAA will delay again, and it will delay repeatedly month by month as agencies like Fish & Wildlife and NOAA refuse to go along. The only one who could break this deadlock would be President Biden, and the only chance he or any of the people running his administration will do so is if they decide to reject the FAA’s reassessment to instead demand a new and full environmental impact statement, which would likely take years to complete.

Texas politicians might want to wake up. If SpaceX fails to get this approval it will shift its Starship operations almost entirely to Florida. I must also add that politicians across the nation should wake up as well, because if the Biden administration blocks SpaceX, the many year delay for the launch of Starship will likely impact many many businesses nationwide. It will also negatively impact NASA’s effort to land humans on the Moon this decade.

Lockheed Martin cancels merger with Aerojet Rocketdyne

Capitalism in space: Faced with a lawsuit from the Federal Trade Commission (FTC) opposing the merger, Lockheed Martin yesterday announced that it is terminating its effort to buy Aerojet Rocketdyne.

Aerojet released a press release at the same time, insisting that the company remains viable and healthy, but there are doubts. While its rocket engines (its main business) remain technically reliable and well-built, they are relatively expensive. Moreover, the shift by rocket companies to build their own engines in the last decade has reduced its customer base significantly.

This loss of market is now compounded by a battle between two factions on the company’s board of directors.

While monopolies do not encourage competition, the merger with Lockheed Martin would have been mostly good for the rocket industry. It would have quickly given Lockheed Martin the skills to make rockets, and kept Aerojet Rocketdyne alive, albeit as part of another company. Now the latter faces extinction, and the former will need more time to develop the capabilities required in its recently-won NASA contract to launch a rocket from Mars to return samples.

And once again, the FTC lawsuit indicates that the Biden administration has decided to take a heavy-regulatory hand when it comes to business. The result however of this approach in this case has not produced more competition, but the likely bankruptcy of at least one company.

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