Tag: commercial

Lockheed Martin to purchase satellite builder Terran Orbital

1:48 pm

Lockheed Martin today announced that it intends to purchase the satellite company Terran Orbital, of which it already owns one third of its stock.

Lockheed said Aug. 15 it would buy Terran Orbital for $0.25 per share in cash and retire the company’s existing debt. The deal, expected to close in the fourth quarter, has an enterprise value of $450 million. Shares in Terran Orbital closed Aug. 14 at $0.40.

Lockheed had six months ago offered to buy the company for $1 per share, but then withdrew the offer. It appears this new offer is intended to save the company, as Lockheed needs it. Right now 90% of Terran Orbital’s contracts are with Lockheed, and if the company goes under so do those deals.

This situation appears related to funding problems being experienced by the Rivada 300-satellite constellation. It had signed a $2.4 billion contract with Terran to build those satellites, but Terran removed that contract from its listed deals this week, suggesting that it no longer expected it to happen.

Lockheed Martin has made a strong effort in the past decade to remake itself to meet the challenges of the new space market, including entering the smallsat satellite manufacturing market. Thus it should be able to absorb Terran Orbital’s operations with little major harm to both, and much benefit.

Hat tip to BtB’s stringer Jay.

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A tour of Blue Origin’s New Glenn factory

1:33 pm

Tim Dodd of Everyday Astronaut on May 30, 2024 was given a detailed tour by founder/owner Jeff Bezos of Blue Origin’s New Glenn factory at Cape Canaveral.

It is incredible to watch, because for the very first time, Bezos shows us what the company is finally doing to prepare for the first New Glenn launch, targeting no earlier than the end of September. Unlike every other visual shown of this facility in the past, this tour actually shows a factory floor where work is going on.

Much of the backgrounds inside the stages have apparently been put out of focus to protect Blue Origin’s proprietary rights. No matter.

As for the state of the manufacture of the BE-4 engines, Bezos stated that he expects next year to be building one engine every three days. Cross your fingers that he is right.

I have embedded the video of the tour below. Enjoy, and get excited by the competition and capability this rocket will create when it finally starts flying.
» Read more

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Rocket startup Stoke Space is saddled with the same red tape as SpaceX

10:06 am

Stoke's Nova rocket
Stoke’s Nova rocket

We’re from the government and we’re here to help you! The rocket startup Stoke Space appears to be struggling with the same kind of environmental red tape that is hindering SpaceX, though in Stoke’s case the red tape appears absurdly unnecessary.

Stoke is the only company besides SpaceX developing a rocket with both its first and second stages returning to Earth to land vertically and then be reused. Unlike SpaceX Starship/Superheavy, which is gigantic and revolutionary in all ways, Stoke’s Nova rocket is comparable in size to the hundreds of rockets that have launched from Florida since the 1960s. Based on that six-decade track record, it would seem that getting rights to launch Nova (but not for its return) would be considered basic and routine, requiring little complex bureaucracy.

Hah! Fooled you!

Before any of this can take place, the Space Force must complete its “environmental assessment” of the company’s plans at LC-14 [the launchpad used for John Glenn’s first orbital mission and many others subsequently], in order to evaluate how repeat launches will affect local flora and fauna. These assessments are mandatory under federal law, and they can often take months — but the upside is that they provide a closer look at a company’s operational plans.

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ULA losing launch crews to other rocket companies

9:23 am

ULA, which hopes to set a company launch record next year, is right now suffering a major loss of its launch crews to SpaceX and Blue Origin.

This year alone, ULA has lost about 45 of its 105 Launch Operations engineers — the people who test, assemble and prepare every rocket and its cargo to fly — at its primary launch site in Florida, according to the person, who asked not to be identified discussing non-public information. The lack of experienced personnel has postponed work for future missions, the person said.

The article says the loss of these launch crew employees is because of higher pay offered by the other companies, but I suspect a contributing factor is ULA’s low rate of launches in recent years (3 in 2023 and 4 so far in 2024). These people have nothing to do, and see the lack of work as detrimental to their future careers. Better to move on, either to SpaceX where a lot of launches occur, one almost every other day, or to Blue Origin, where the rocket is new and the company has plenty of cash.

The flight of crews could also be because people do not see a future at ULA. For almost a year there have been rumors that Boeing and Lockheed Martin, which own it jointly, want to sell it. It was thought that sale would happen after the first Vulcan rocket launch, but it did not. In recent months those rumors have subsided, suggesting that the interest in buying the company has trailed off.

Despite these problems, ULA’s problems could very well be temporary. Its manifest has a lot of launches scheduled, and once Vulcan is certified for the military and operational for all its customers, it is expected to be launching more than twice a month next year. If those launches take place as planned, these issues will be begin to vanish very quickly.

In fact, it does appear that if you are an engineering student with an interest in rocketry, your future is extremely bright. There will be plenty of work opportunities for you in Florida in the future, from any one these companies.

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SpaceX launches two commercial Earth observation satellites

8:56 am

SpaceX this morning successfully launched two commercial high resolution Earth observation satellites for the company Maxar, its Falcon 9 rocket lifting off from Cape Canaveral in Florida.

The first stage completed its sixteenth flight, landing back at Cape Canaveral. The two fairings completed their seventh and seventeenth flights.

The leaders in the 2024 launch race:

81 SpaceX
33 China
10 Rocket Lab
9 Russia

American private enterprise now leads the rest of the world combined in successful launches 96 to 50, while SpaceX by itself still leads the entire world combined, including American companies, 81 to 65.

These numbers will continue to go up, as India has a launch scheduled for later today, while SpaceX has another Transporter launch scheduled for tomorrow, carrying dozens of smallsats.

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NASA leaning now to send Starliner astronauts home on Dragon, in February 2025

11:01 am

Though a decision will not be made until next week, during a press briefing today the nature of the briefing and the wording by NASA officials suggested that they are now leaning strongly to having the two Starliner astronauts, Butch Wilmore and Suni Williams, return on the next Dragon capsule to launch to the station on September 24, 2024 and return in February 2025.

My conclusion is based on several subtle things. First, no Boeing official participated, the second time in row that they were excluded. Second, this briefing included some new individuals who rank higher in the chain of command, and whose opening statements were clearly written carefully in advance and were read aloud.

Third, and most important, the wording of those statements repeatedly indicated they are looking at Dragon return more seriously. For example, NASA’s chief astronaut Joe Acaba suggested strongly that the two astronauts were now well prepared for an eight month mission, rather than coming home in August 2024. Other statements by officials suggested they themselves are less confident about returning on Starliner. Though the data suggests they can return safely, there remains enough uncertainty to make some people uncomfortable.

One factor not stated but is certainly controlling the situation now is the upcoming election in November. The Democrats who control Washington and the White House will allow nothing to happen that could hurt their election chances. We must therefore assume people in the White House are now in control and are the ones who now intend to make the decision about Starliner’s return.

Based on these factors, we should expect NASA to announce next week that the crew will return in a Dragon capsule. In order for the return to happen on Starliner NASA and Boeing engineers must somehow convince those politicos that the return would be entirely safe. Since these politicos are always risk adverse, it would shock me if they can be convinced. It could happen, but understanding the politically framework is important.

The officials stated that they have scheduled the final review next week, and it appears the decision will be announced then.

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Update on status of Blue Origin’s New Glenn rocket

9:23 am

Link here. The report provides a lot of detail about the ramped up operations of Blue Origin in Florida in preparation for the first launch of New Glenn, previously announced as September 29, 2024. It appears the company is finally getting something done, and is getting closer to that launch.

Nonetheless, this detailed report makes no mention of that launch date. Furthermore, based on the work presently being done, it appears that launching by that date is impossible. With less than two months to go, the rocket has not yet been stacked and brought to the launchpad for even one dress rehearsal countdown. In March the company did tanking tests using an engineering test prototype, but so far such tests have not been done on the actual flightworthy rocket. It seems there will not be enough time to do them and meet that September 29th date.

The report also claims that Blue Origin “continues to ramp up testing its BE-4 and BE-3U engines” and “should have no problem supporting engine demand for both New Glenn and Vulcan,” but provides no hint as to the actual number of engines produced. Recent numbers suggest that ULA will have sufficient engines to launch its rockets, but will New Glenn, which needs seven BE-4 engines compared to the two needed for ULA’s Vulcan? We presently have no idea.

All in all, however, things at Blue Origin in 2024 appear to finally be happening, after a five year lull of nothing under the previous CEO, Bob Smith. Even if that launch doesn’t happen in September, it appears that it will happen sometime within the six months that follow.

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Intuitive Machines wants to land VIPER rover on Moon

9:04 am

VIPER's planned route on the Moon
VIPER’s now canceled planned route at the Moon’s south pole

The lunar lander startup Intuitive Machines has now revealed it is putting together an industry partnership to bid on flying NASA’s VIPER lunar rover on its own largest lander, still under development.

In an Aug. 13 earnings call about its second quarter financial results, Intuitive Machines executives said they were planning to respond to a request for information (RFI) that NASA issued Aug. 9 seeking input from companies and organizations interested in taking over the Volatiles Investigating Polar Exploration Rover (VIPER) mission that the agency said in July it would cancel.

Steve Altemus, chief executive of Intuitive Machines, said on the call that his company, which also responded to an earlier call for “expressions of interest” from NASA regarding VIPER, is working with other companies, universities and international partners on responding to NASA’s RFI. He did not identify any of those prospective partners.

…NASA, in its RFI, said that prospective partners would be responsible for the costs of any final testing and other work on the rover itself, as well as delivering it to the lunar surface and operating it once there. NASA, in its July 17 announcement that it would cancel VIPER, said the agency would save at least $84 million by halting work now on the rover, now complete and undergoing environmental testing.

Whether this company can raise the capital to finish this mission, now that NASA has said it cannot, remains unclear. That it is trying, and NASA is not, illustrates however why NASA should get out of the business of building anything and just buy it from the private sector. NASA’s attempt to build VIPER went 3Xs over budget and is considerably behind schedule. Now the private sector see profits in finishing the job, which will in turn save the agency considerable money. Imagine if NASA had done this from the beginning. The savings would have been even greater, and VIPER might right now be even closer to launch.

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5th Dimension – Aquarius/Let The Sunshine In

6:01 pm

An evening pause: Performed live on television in 1969 by the group’s original members, Billy Davis Jr., Florence LaRue, Marilyn McCoo, Lamonte McLemore, and Ronald Townson. This music, from the Broadway musical Hair, reflects the naive and somewhat arrogant attitude of that baby boom generation. It is also a very beautiful song, sung beautiful.

Hat tip Diane Zimmerman.

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Orbital tug startup Astroscale expands partnership with European aerospace giant Airbus

9:36 am

The Japanese-based orbital tug startup Astroscale has signed an agreement with the European company Airbus to expand their partnership beyond an earlier agreement to use Airbus’s robot arm on Astroscale’s tug.

Under the MoU, Astroscale and Airbus will explore ways to boost the development of navigation and docking technologies for satellite servicing and debris removal missions they did not specify. According to the news release, the expanded partnership seeks to combine Airbus’s satellite manufacturing and space systems heritage with technologies Astroscale is developing for in-orbit servicing.

Astroscale has been aggressively working to get business both in Europe and the U.S. by opening divisions in both regions. This deal is clearly part of that effort. It also provides Astroscale resources as a new startup it previously did not have.

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Axiom’s next commercial manned mission to ISS delayed until 2025

9:26 am

Axiom’s next commercial manned mission to ISS, dubbed Ax-4, which had been targeting an October 2024 launch date, has now been delayed until 2025 because of “required interagency approval processes.”

NASA’s only announcement describing the delay was a tweet on X, which stated the following:

The Ax-4 crew members are pending approval to fly to the orbiting lab by the Multilateral Crew Operations Panel.

Neither Axiom nor NASA provided further comment or explanation. The mission will fly three passengers from India, Poland, and Hungary and be commanded by Peggy Whitson, a former NASA astronaut who now fulfills that role for Axiom. Since the three passengers are all government astronauts, it is possible that the bureaucracies from all three nations, plus NASA and its ISS partners, are entangled in negotiations far more complex than necessary.

This situation highlights quite clearly why both billionairs Jared Isaacman and Chun Wang have signed on with SpaceX to flight orbital missions — avoiding a docking with ISS — that require no permissions from NASA. Wang for example announced his deal yesterday, for a flight that is targeting a launch before the end of the year. Though that schedule is tight and might not be met, it appears the mission will likely fly before the Axiom one, which has been planned now for quite awhile.

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