Blue Origin reveals more details about New Glenn

Capitalism in space: Blue Origin’s release of a payload user guide has provided space geeks a wealth of new information about the design of its New Glenn orbital rocket.

Numerous other items of interest are mentioned on the Guide, with launch vehicle specific elements such as a large common bulkhead being employed on the second stage and common tooling on the second stage and that is also aluminum orthogrid material in its construction. The rocket will use autogenous pressurization for both stages.

The large 7 meter fairing has the ability to launch very large payloads such as space telescopes, but also dual payloads – not unlike Ariane 5 regularly conducts.

The Guide refines some performance numbers, with 1060 kN (240,000 lb) total thrust cited for the second stage, which is slightly down from the 125,000 lb per BE-3U – the second stage engine-performance previously stated by Blue Origin’s online resources.

The article at the link also provides some updates on the status of the construction of the rocket’s launchpad, landing barge, and manufacturing facility.

Successful launch tonight for India’s PSLV rocket

The new colonial movement: India’s PSLV rocket successfully placed 31 satellites into orbit, including an Indian Landsat-type satellite plus 30 commercial smallsats.

This ties India with Japan at six launches for the year. With one more launch scheduled for this year, they should end up ahead of Japan.

The leaders in the 2018 launch race remain unchanged.

33 China
18 SpaceX
11 Russia
9 Europe (Arianespace)
8 ULA

At 95 total successful launches so far this year, 2018 now matches the total from 1993, the last time the global aerospace industry accomplished that many. That year, China and Japan had one launch each, Europe seven, with the rest by Russia and the U.S. Now the wealth is much more widely spread, and has a strong potential to grow significantly in the next few years.

A cubesat communications satellite for the Moon

Capitalism in space: The smallsat company Surrey Satellite Technology is designing a cubesat communications satellite set for launch in 2021 designed to test technology for providing communications in lunar space.

Surrey Satellite Technology Ltd (SSTL) has today announced that it is designing a low cost 35kg lunar communications satellite mission called DoT-4, targeted for a 2021 launch. DoT-4 will provide the communications relay back to Earth using the Goonhilly Deep Space Network, and will link up with a rover on the surface of the Moon. SSTL is currently in discussions with a number of parties for the lunar mission, and expects to disclose further information on mission partners and funding early in 2019.

Sarah Parker, Managing Director of SSTL, said “SSTL has led the way in pioneering the use of small satellites for over 30 years and we are now raising our sights to change the economics of space around the Moon, and beyond.”

DoT-4 will be the pre-cursor mission for a larger lunar communications satellite to follow in the 2023 timeframe which will carry a more robust payload and which will also have the potential for navigation services. SSTL’s ultimate aim is to launch a full constellation of lunar communications satellites offering full service capability to enable new and regular opportunities for science and exploration and economic development of the space environment beyond Earth’s orbit.

It appears that Surrey is trying to grab the market for providing communications services for both NASA’s Gateway project as well as the number of private small lunar rovers that are expected to launch in the coming years.

I should add that this project probably only exists because Surrey and its investors know that it will have affordable access to space, using the new smallsat rockets coming from Rocket Lab, Vector, and Virgin Orbital.

The MarCo cubesat success

Mars as seen by MarCo-B

The two MarCO cubesats that successfully relayed data from InSight to Earth during its landing yesterday continue to function, with one even sending back images. The photo on the right, cropped and reduced slightly to post here, was taken by MarCo-B.

Neither of the MarCO CubeSats carry science instruments, but that didn’t stop the team from testing whether future CubeSats could perform useful science at Mars. As MarCO-A flew by, it conducted some impromptu radio science, transmitting signals through the edge of Mars’ atmosphere. Interference from the Martian atmosphere changes the signal when received on Earth, allowing scientists to determine how much atmosphere is present and, to some degree, what it’s made of.

“CubeSats have incredible potential to carry cameras and science instruments out to deep space,” said John Baker, JPL’s program manager for small spacecraft. “They’ll never replace the more capable spacecraft NASA is best known for developing. But they’re low-cost ride-alongs that can allow us to explore in new ways.”

As a bonus, some consumer-grade cameras aboard MarCO provided “drive-by” images as the CubeSats sailed past Mars. MarCO-B was programmed to turn so that it could image the planet in a sequence of shots as it approached Mars (before launch, MarCO-A’s cameras were found to be either non-functioning or too blurry to use).

This engineering test proves that we don’t need to build billion dollar spacecraft every time we wish to send an unmanned scouting ship to another world. Cubesats will soon do the job quite well, and for a tenth the cost.

And there will be a lot of money to be made. Governments and private entities of all types will be eager to buy the services of the garage-built planetary cubesats that private companies are going to soon be building, in large numbers.

Moon rocks for sale!

Several rocks brought back from the Moon by a Soviet unmanned spacecraft will be auctioned off on November 29, and you can buy them legally!

The lunar samples were originally presented by the Soviet government to Nina Ivanovna Koroleva, the widow of Sergei Korolev, the “Chief Designer” of the Russian space program. Under Korolev’s direction, the Soviet Union successfully put the world’s first satellite into Earth orbit and launched the first human into space. His unexpected death in 1966 came before he could see the outcome of the space race to the moon.

Four years after Korolev died, the Soviets launched Luna 16, the first of three robotic lunar sample return missions. Touching down after the U.S. Apollo 11 and Apollo 12 astronauts had come and gone from the moon, Luna 16 deployed an extendable arm to drill and extract a core sample 14 inches (35 centimeters) deep. The 3.5 ounces (101 grams) of soil and rocks that it collected were then deposited into a capsule for their return to Earth.

The display gifted to Koroleva contains three grains of the Luna 16 material, weighing about 0.0007 ounces (0.2 grams). The central fragment is basalt, typical of the moon’s mare (or “seas”) terrain while the adjoining two larger fragments are regolith with glass coatings caused by an micrometeoroid impact, according to Sotheby’s.

…In 1993, the lunar samples were estimated to sell for $30,000 to $50,000 before commanding eight times the higher valuation. The display, which has been held in the same private American collection for the past quarter century, is now expected to sell for $700,000 to $1 million.

I will not be surprised if this item sells for considerably more than $1 million.

Hat tip Wayne DeVette.

Local opposition might delay UK spaceport

The United Kingdom’s first spaceport, proposed for the northern tip of Scotland, faces strong opposition from the local community as well as within the organization that owns the land.

The land is controlled by the Melness Crofting Estate (MCE), a company that represents about 56 local crofters. Three of its seven directors have resigned over how the plans have been handled.

George Wyper, one of those who stepped down, claimed that much of the community had been kept in the dark. In a ballot, 27 crofters voted to press ahead with talks to lease land to the spaceport while 18 voted against. Ten failed to vote and one ballot was rejected. Mr Wyper believes that important details were not shared. ‘Some people did not know what they were voting for,’ he said. ‘It’s getting quite vicious here — with Facebook and things. It’s causing a split in the community.’

He told the Highland Press & Journal: ‘There is quite a split in the community and a lot of bad feeling about this. It could go to the Scottish Land Court, which could take years to resolve.’

While in many ways some aspects of the opposition here reminds me of the opposition in Hawaii to the Thirty Meter Telescope, the difference is that that here it a large percentage of the landowners protesting. They have real standing, and thus are in a much stronger position to shut the spaceport down.

From what I can gather, the source of the problem here falls to the UK government, which apparently has done a very bad job in negotiating this deal.

Google wants to monitor our movements, moods, and children

Another reason to dump Google: Google has been issued patents outlining its plans to establish monitors throughout each customer’s home, monitoring movements, moods, activities, and even their children, with the ability to even control behavior.

But there’s even more. According to The Atlantic:

A second patent proposes a smart-home system that would help run the household, using sensors and cameras to restrict kids’ behavior. Parents could program a device to note if it overhears ‘foul language’ from children, scan internet usage for mature or objectionable content, or use ‘occupancy sensors’ to determine if certain areas of the house are accessed while they’re gone— for example, the liquor cabinet. The system could be set to ‘change a smart lighting system color to red and flash the lights’ as a warning to children or even power off lights and devices if they’re grounded.

The language of these patents makes it clear that Google is acutely aware of the powers of inference it has already, even without cameras, by augmenting speakers to recognize the noises you make as you move around the house. The auditory inferences are startling: Google’s smart-home system can infer ‘if a household member is working’ from ‘an audio signature of keyboard clicking, a desk chair moving, and/or papers shuffling.’ Google can make inferences on your mood based on whether it hears raised voices or crying, on when you’re in the kitchen based on the sound of the fridge door opening, on your dental hygiene based on ‘the sounds and/or images of teeth brushing.’

The key aspect of this is that, at least right now, Google cannot force its way into your home unless you agree to let it. That any free American is not sickened by this invasion of privacy and is even considering allowing it into their home illustrates how different a country we are from only a half century ago. In my youth, for any company to publicly consider these actions would have guaranteed its bankruptcy, within weeks. No one would want anything to do with it.

No longer. Too many Americans are now sheep, wedded to their technology to a point of foolishness.

Update: I realized it will help to add that I have managed to eliminate almost all use of Google in my computer work now for more than a decade. For browser searches I use either Startpage or DuckDuckGo. For awhile I was using gmail as a backup email source, in case my main isp went down, but I dumped it about four years ago. With both Google and gmail I then wiped my history so as to reduce the odds of Google retaining it (something I can’t guarantee as Google has already been caught retaining data it does not own).

The only areas I am still using any Google resources is with youtube and Google Maps, and with both I am constantly looking for alternatives. We should all be doing the same. If anything the competition will force Google to reconsider some of its more odious policies.

ESA plans Vega rocket upgrades

In order to grab more market share, the European Space Agency today outlined a wide range of upgrades and options it is creating for its Vega rocket.

The article describes versions aimed at the smallsat market, the geosynchronous satellite market, and a recoverable mini-shuttle similar to the X-37B, dubbed Space Rider. All these options are expected to come on line by 2021.

Isn’t competition wonderful? Threatened by loss of market share by SpaceX, Europe has been forced to up its game, something it had been loath to do for decades.

Groundwork and licensing begins for first test flights of SpaceX’s Starship

Capitalism in space: Even as SpaceX has apparently begun the licensing process with the FAA for its planned hopper tests for its Super Heavy and Starship heavy lift reusable rockets, it is also accelerating work for those flights at its Boca Chica spaceport in Texas.

The applications apparently describe a two-stage testing program divided into low then high altitude flights, “running approximately three times per week.” Meanwhile, at Boca Chica SpaceX has begin building a giant tent as well as other work.

While I doubt they will be able to begin test flights in 2019 as they have announced, it is clear those test flights will happen in the near future.

Date set for first unmanned launch of manned Dragon

Capitalism in space: NASA announced today that SpaceX has set January 7, 2019 as the launch date for its first unmanned test flight of its manned Dragon capsule.

SpaceX is targeting Jan. 7 for launch of its first Crew Dragon commercial ferry ship on an unpiloted test flight to the International Space Station, NASA announced Wednesday, a major milestone in the agency’s drive to end its sole reliance on Russian Soyuz crew ships for carrying astronauts to orbit.

If the shakedown flight goes smoothly — and if a NASA safety probe unveiled Tuesday doesn’t turn up any show stoppers — SpaceX could be ready to launch the first piloted Crew Dragon atop a Falcon 9 rocket in the June timeframe, carrying veteran NASA astronauts Robert Behnken and Douglas Hurley to the space station. [emphasis mine]

As I said during a taping today for my appearance on WCCO radio tomorrow at 11:10 am (Central), the only thing standing in the way of SpaceX getting its manned capsule off the ground is NASA. June is a long time from now, and the agency, egged on by corrupt politicians, could easily find ways to delay that first manned launch in that time. Nor would I put it past the corrupt Washington in-crowd, led by Senator Richard Shelby (R- Alabama), having no interest in the national interest, to do what they can to sabotage that flight. What they care about is diverting tax dollars to either their own pockets or to the pockets of their allies (which also helps bring them pay-offs campaign contributions as well).

Still, it is encouraging that SpaceX is pushing forward, and that there appear to be strong elements in NASA supporting them. Keep your fingers crossed.

Arianespace’s Vega rocket launches Moroccan satellite

Capitalism in space: Arianespace’s yesterday evening successfully launched Morocco’s second Earth observation satellite using its Vega rocket.

This article gives some interesting background to Morroco’s space effort.

The leaders in the 2018 launch race:

33 China
18 SpaceX
11 Russia
9 Europe (Arianespace)
8 ULA

There have now been 94 launches in 2018, the most in any single year since 1992.

NASA to hire private lunar probes for future missions

Capitalism in space: Rather than build its own future lunar landers and rovers, NASA is now planning to hire these services from private companies, with missions flying as soon as 2021.

Under a program called Commercial Lunar Payload Services (CLPS), NASA would buy space aboard a couple of launches a year, starting in 2021. The effort is similar to an agency program that paid private space companies such as Elon Musk’s SpaceX to deliver cargo to the International Space Station (ISS). “This a new way of doing business,” says Sarah Noble, a planetary scientist at NASA headquarters in Washington, D.C., who is leading the science side of NASA’s lunar plans.

Scientists are lining up for a ride. “It really feels like the future of lunar exploration,” says Erica Jawin, a planetary scientist at the Smithsonian Institution’s National Museum of Natural History in Washington, D.C. She and other attendees at the annual meeting of the Lunar Exploration Analysis Group in Columbia, Maryland, last week were eager to show NASA why their small experiments would be worthy hitchhikers on the landers.

Several companies, including Astrobotic, Moon Express, and iSpace, are vying to establish a commercial moon market. Buying rides to the moon from launch providers like Rocket Lab, each firm hopes to become the go-to carrier for other companies seeking to prospect the moon for rocket fuel ingredients, or to gather rocks to sell for study. But a contract with NASA is the real prize. Moon Express, for example, has designed the MX-1, a lander roughly the size and shape of Star Wars’s R2-D2. But, “We won’t pull the trigger until we know we have a CLPS award,” says Moon Express CEO Robert Richards in Cape Canaveral, Florida.

The companies selected for CLPS must deliver at least 10 kilograms of payload by the end of 2021, NASA says. It is scrambling to find instruments that are ready to fly. “What do you have sitting on shelf now that you can throw onto the mission immediately?” Noble says. “We’re looking for flight spares, engineering models, student-built projects. It’s a little bit of a weird call for us.” The agency is planning to pay up to $36 million to adapt eight to 12 existing scientific instruments to the initial small landers; by the middle of next decade it aims to build a pipeline of instruments for bigger landers that might also carry rovers.

These are going to small missions with limited lifespans and limited abilities. They will however be cheap, fast, and many. In the end I am certain NASA (and the taxpayer) will get far more bang for the buck.

SpaceX now seeking a $250 million loan, not $500 million

Capitalism in space: SpaceX has reduced the private loan it is seeking from $500 to $750 million down to $250 million.

Goldman Sachs Group Inc. was initially canvassing investors for a $500 million deal for SpaceX. During marketing of the loan, Musk changed advisers and chose Bank of America to officially launch the deal to investors at $750 million.

The switch surprised bankers and investors, as Goldman is widely viewed as the Wall Street firm closest to Musk. It helped take Tesla Inc. public in 2010, led its $1.8 billion bond sale last year and advised Musk on his short-lived attempt to take the electric carmaker private for $420 a share Goldman balked when SpaceX, a first-time issuer, wanted wide latitude to raise additional debt in the future, people with knowledge of the matter said earlier this month.

The loan isn’t the only way Musk has been trying to raise cash with SpaceX, which was founded in 2002 and last valued at about $28 billion. He also recently inquired with at least one bank about a personal loan tied to his stake in the rocket company, a person with knowledge of the matter said earlier this month.

It seems to me that Musk is acting here in a manner that will allow him to maintain as much independence as possible, a very wise approach.

Musk renames BFR

He must be reading BtB! Elon Musk today revealed new names for the two stages of his Big Falcon Rocket rocket, Super Heavy for the reusable first stage and Starship for the reusable orbiting second stage.

These are much more inspiring and saleable names. They also do not preclude SpaceX from giving each individual Super Heavy and Starship their own names as well, since these names apply to the class of rocket, not the ships themselves.

Hidebound government slowing smallsat industry

The smallsat industry has found itself slowed by the federal government’s reluctance to adopt the new technologies that allow tiny satellites to do the same things that once required big satellites.

Small satellites have been hailed as a game changer in the space industry, but the government’s slower than anticipated adoption of smallsat technology has been a disappointment for many companies. “When the smallsat movement started, the thinking was, ’We don’t need the government,’” said Bhavya Lal, a researcher at the IDA Science and Technology Policy Institute, a federally funded think tank. “But over the last five years, almost all the smallsat companies we talked to are eager for government contracts” to make up for lackluster commercial demand, she said. “It’s something they didn’t anticipate.”

IDA last year published a wide-ranging study of the small satellite industry. There is a “growing realization that there aren’t as many business customers as originally hoped,” Lal said. “Maybe that will change as broadband mega constellations come on line.” Companies like SpaceX and OneWeb are projected to build huge constellations of small satellites but projects have taken longer to materialize than predicted.

Advocates of small satellites say government agencies have little economic incentive to experiment with unfamiliar technology. They can afford to buy large satellites and have yet to be convinced that lower cost smallsats can provide comparable services. [emphasis mine]

I think the conclusion highlighted in the quote above is faulty, based on past data and not likely future events. They are looking at the customers that exist before the new smallsat rockets come on line. Once cheap access for smallsats is assured, from multiple launchers, I expect the number of business customers will rise quickly.

Nonetheless, there is no harm in lobbying our government for more business, as long as this new industry doesn’t become dependent on it. If that happens, expect costs to rise and innovation to slow.

SpaceX delays today’s Falcon 9 launch using booster for 3rd time

Capitalism in space: SpaceX has delayed today’s Falcon 9 launch that would have been the first time a first stage had launched for the third time.

“Standing down from Monday’s launch attempt of Spaceflight SSO-A: SmallSat Express to conduct additional pre-flight inspections. Once complete, we will confirm a new launch date,” SpaceX representatives said via Twitter on Saturday (Nov. 17).

They did not offer further details, so it’s unclear what issue prompted the call for further inspection.

The delay is expected to be about a week. I suspect that they decided, after their standard prelaunch static fire last week, to review the data more carefully. The Block 5 first stage has already flown twice this year, in May and August. A launch in November means they are averaging a relaunch every three months, a pace that is far faster than NASA ever achieved in reusing its space shuttle.

SpaceIL gets $5 million for its lunar lander/rover

Capitalism in space: SpaceIL, the Israeli non-profit building a lunar lander/rover that had been a finalist in the Google Lunar X-Price, announced today that it has received a $5 million donation from a Canadian billionaire.

SpaceIL announced Monday that [Sylvan] Adams would be joining their groundbreaking project and donating $5 million to the effort. The nonprofit organization’s spacecraft is due to be launched in early 2019 and reach the moon two months later, making Israel only the fourth country to soft-land on the lunar surface.

“This contribution to strengthening the Israeli space program, and encouraging education for excellence and innovation among the younger generation in Israel, is the best gift I could have asked for,” said Adams, who recently celebrated his 60th birthday, as he announced his contribution at the Israel Aerospaces Industries (IAI) MBT Space Division in Yehud, where the spacecraft is being assembled.

SpaceIL has said it’s mission is focused on education and inspiring Israel’s youth. If so, it seems to me that it is missing the boat. There is money to be made marketing their ability to build inexpensive planetary spacecraft.

Virgin Orbit completes first capture-carry flight of LauncherOne

Capitalism in space: Virgin Orbit yesterday completed the first capture-carry flight of LaunchOne, flying the rocket attached to the bottom of Cosmic Girl, its 747 launch vehicle.

The flight lasted 80 minutes in total, during which Virgin Orbit’s flight crew assessed the take-off, landing, and low-speed handling and performance of the integrated system.

“The vehicles flew like a dream today,” said Virgin Orbit Chief Pilot Kelly Latimer (Lt. Col, US Air Force, Ret.). “Everyone on the flight crew and all of our colleagues on the ground were extremely happy with the data we saw from the instruments on-board the aircraft, in the pylon, and on the rocket itself. From my perspective in the cockpit, the vehicles handled incredibly well, and perfectly matched what we’ve trained for in the simulators.”

They are aiming to begin commercial flights next year, and appear on schedule. If so, they will jump ahead into the number two spot in the smallsat rocket race, behind Rocket Lab but ahead of Vector.

Luxembourg accepts full loss from Planetary Resources investment

Capitalism in space: Luxembourg this week admitted that its 12 million euro investment in Planetary Resources is a complete loss.

They had sold off their ten percent investment when a blockchain company purchased Planetary Resources on November 1. This article merely confirms the full loss from the companies sale.

When Planetary Resources was first revealed, the mainstream press went nuts touting its claims that it was an asteroid mining company, mostly because of the supposed involvement of several rich Google investors. I however had reservations, mainly because the company was selling itself as an asteroid mining company when there was no chance it was going to do any mining, for at least a decade.

Simply put, I do not like it when companies or governments make false and unrealistic claims. It raises a red flag in the back of my mind, which in turn makes me suspect that the company or government is almost certainly not going to achieve what it claims. Over the past decades I have learned to take that red flag seriously, and this is another case where it served me well.

SpaceX will not use Falcon 9 for BFR tests

In a series of tweets, Elon Musk revealed yesterday that SpaceX has decided it will no longer use its Falcon 9 to test Big Falcon Rocket (BFR) designs and has instead redesigned the BFR’s upper stage, dubbed the Big Falcon Spaceship (BFS), and will do those tests with that.

I suspect that the company got pushback from NASA and the Air Force about making any big changes to the Falcon 9 upper stage, and decided it was better to leave well enough alone. They have more flexibility making these changes and tests with BFS.

However, the main conclusion that I draw from writing up this post is that SpaceX has got to come up with better names for BFR and BFS. What they have now is boring and unwieldy. I am sure that Musk can think of two more exciting and easier to use names for the new rocket’s reusable first and second stages. And he should do it, now!

NASA suggests retirement of SLS when BFR and New Glenn fly

Capitalism in space: During an interview at a November 1st conference, a NASA official mentioned that if SpaceX’s Big Falcon Rocket (BFR) and Blue Origin’s New Glenn begin flying successfully the agency will seriously consider retiring SLS.

“I think our view is that if those commercial capabilities come online, we will eventually retire the government system, and just move to a buying launch capacity on those [rockets],” Stephen Jurczyk, NASA’s associate administrator, told Business Insider at The Economist Space Summit on November 1.

However, NASA may soon find itself in a strange position, since the two private launch systems may beat SLS back to the moon – and one might be the first to send people to Mars.

I have been saying that this should happen since almost the first day this website was started in 2011. To quote from a September 14, 2011 post:

To be really blunt, this new rocket, like all its predecessors, will never fly either. It costs too much, will take too long to build, and will certainly be canceled by a future administration before it is finished. It is therefore a complete waste of money, and any Congress that approves it will demonstrate how utterly insincere they are about controlling spending.

It appears that I was wrong with this prediction on one count. SLS might actually fly a few times, but only to allow its supporters in Congress and NASA to justify that support. When the private rockets come on line in the early 2020s, cheaper, faster, and better designed (with re-usability), NASA and Congress will then finally say that these rockets are better and that SLS will die, and they will also both make believe they were saying that from the very beginning.

Antares rocket launches Cygnus freighter to ISS

Capitalism in space: Northrop Grumman’s Antares rocket today successfully launched its Cygnus freighter to ISS.

This was only the second launch this year by the division of Northrop Grumman that used to be Orbital ATK. They have been trying to launch a research satellite using their Pegasus rocket, but have had engineering issues that keep delaying it.

The leaders in the 2018 launch race remain unchanged:

31 China
18 SpaceX
11 Russia
8 ULA
8 Europe (Arianespace)

China continues to lead the U.S. in the national rankings, 31 to 30. The U.S. total now exceeds last year, and is the most this century. We have now had 91 launches this year, the most since 2014. I expect that number to go up significantly, with a real chance it will pass 100 launches for the first time since 1990, just prior to the fall of the Soviet Union.

FCC approves four proposed satellite constellations, including SpaceX’s of 7,500+

Capitalism in space: The FCC has approved licenses to launch four different proposed smallsat satellite constellations, totaling almost 8,000 satellites.

Of that total, more than 7,500 would belong to SpaceX’s proposed Starlink constellation.

The new regulatory approvals set the stage for two companies, SpaceX of Hawthorne, California, and Telesat of Ottawa, Canada, to expand constellations already approved last year with more satellites in the rarely used V-band spectrum. Canadian startup Kepler Communications and LeoSat, a company licensed from the Netherlands, also received approvals, Kepler for 140 Ku-band satellites and LeoSat for 78 Ka-band satellites.

Of the four, SpaceX is by far the largest with 7,518 satellites constituting what it calls a “very low Earth orbit,” or VLEO constellation that would operate slightly below 350-kilometers. At that altitude, SpaceX says atmospheric drag would pull spent satellites down in one month, assuaging concerns about the magnitude of debris that that many satellites could create in higher orbits.

While SpaceX likely plans to launch its satellites on its own rockets, the other companies will likely depend on the new smallsat rocket companies — Rocket Lab, Virgin Orbit, Vector — that are about to all come on line.

Rocket Lab raises an additional $140 million

Capitalism in space: Rocket Lab has raised an additional $140 million in investment capital following its successful first operational launch last week.

The company announced Nov. 15 that it closed a Series E funding round, led by existing investor Future Fund, an Australian sovereign wealth fund. Several other existing investors also joined the round, including Greenspring Associates, Khosla Ventures, Bessemer Venture Partners, DCVC (Data Collective), Promus Ventures and K1W1. One new investor, Accident Compensation Corporation of New Zealand, joined the round.

The Series E round comes after the company raised $75 million in a Series D round in March 2017. The company has now raised more than $288 million to date. Rocket Lab did not disclose the valuation of the latest round, but said it exceeded the “$1-billion-plus” valuation from its Series D round.

In the race to grab the smallsat market, Rocket Lab is far ahead of its nearest competitors, Virgin Orbit and Vector. If I had to rank them at this moment, I would say that Virgin Orbit is second with Vector third.

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