Tag: commercial

Branson sells 49% of Virgin Galactic, stock to be publicly listed

8:24 am

Capitalism in space: Richard Branson has sold 49% of Virgin Galactic in a deal that will have the company’s stock publicly listed by the end of 2019.

The firm will list its shares as part of a merger deal with Social Capital Hedosophia, a special-purpose acquisition company (SPAC) created by venture capitalist Chamath Palihapitiya. Social Capital Hedosophia, formed by Palihapitiya’s Social Capital and venture capital firm Hedosophia in 2017, will invest $800 million for a 49% stake in the combined company. The firm will have an enterprise value of $1.5 billion, Virgin Galactic said.

…Branson’s space venture would be the first publicly-listed human spaceflight firm, with the stock market listing slated to take place in the second half of 2019.

Branson had been in talks with Palihapitiya since he suspended talks over a Saudi investment in his space companies last year. Riyadh had planned to invest a total of $1 billion into Virgin Galactic and Virgin Orbit, which focuses on small satellites, but the deal fell through over the murder of journalist Jamal Khashoggi.

Branson was the person who said the Saudis backed out because of Khashoggi, but I personally do not believe that story. What I think happened was that, after 15 years of empty promises and no tourist flights, the Saudis suddenly realized that Virgin Galactic was a bad investment, and backed out. Branson now needs cash to keep the company afloat.

I am honestly unfamiliar with the ways of Wall Street. I do not know whether being “publicly listed” means the stock will be available for trade. If so, I expect the stock value to quickly plunge.

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Reused Falcon 9 wins NASA launch contract instead of Pegasus

10:04 pm

Captalism in space: NASA has awarded SpaceX a Falcon 9 launch contract using a reused first stage for its next X-ray telescope, the Imaging X-ray Polarimetry Explorer (IXPE)..

SpaceX will charge NASA just over $50 million, its normal price for a reused Falcon 9 and significantly less than NASA has previously paid for this kind of launch. More important, the telescope had been designed with the expectation that it would be launched using Northrop Grumman’s Pegasus rocket. It appears NASA had instead decided to bypass Pegasus, partly because it probably costs more, and partly because there is some issue with Pegasus that has delayed the launch of NASA’s ICON since 2017.

In fact, that ICON launch is the only contract that Pegasus presently has, and it is charging NASA $56 million for that launch, with NASA also having to bear the additional costs associated with the delays caused by Pegasus. All these issues, plus the loss of the IXPE launch, strongly suggests that Pegasus is in big trouble. It does not appear that, as it is presently being marketed, it is able to garner any business.

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Man who wanted to be the first African in space killed in road accident

7:40 am

A South African man who had won a competition to fly on a suborbital tourist flight has been killed in a motorcycle accident.

Mandla Maseko, 30, was killed on Saturday, a family statement says.

In 2013, the South African Air Force member beat one million entrants to win one of 23 places at a space academy in the US. Nicknamed Afronaut and Spaceboy, Maseko described himself as a typical township boy from Pretoria.

…He had spent a week at the Kennedy Space Centre in Florida doing tests in preparation for an hour-long sub-orbital flight, originally scheduled for 2015. Challenges included skydiving to earth from 10,000 feet and a test charmingly known as the “vomit comet”.

But the chance never came to go into space. The company organising the flight, XCOR Aerospace, went bankrupt in 2017, news site Space.com reported.

All around a terrible tragedy.

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Russian Soyuz rocket successfully launches 33 satellites into orbit

10:56 pm

In its first Vostochny launch in 2019, Russia today used its Soyuz rocket to successfully launch a variety of weather, engineering, and Earth observation satellites totaling 33 into orbit.

As I write this the satellites are in orbit but have not yet been deployed by the rocket’s Fregat upper stage, a process that will take several hours as it moves them into a variety of orbits.

Many of the smaller satellites on this rockets are commercial cubesats, and are Russia’s effort to regain some of its lost commercial business that had been captured by SpaceX. They are also a sign of the changing launch business. Previously Russia’s commercial flights were all on its larger Proton rocket because the satellites were larger. Now the business is shifting to the smaller and recently more reliable Soyuz, because smaller satellites are beginning to dominate the industry.

The leaders in the 2019 launch race:

9 China
8 SpaceX
6 Russia
5 Europe (Arianespace)
3 India
3 Rocket Lab

The U.S. continues to lead China 14 to 9 in the national rankings.

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1776 – Hatching an Egg

12:01 pm

A mid-day pause: Posted by me on almost every Fourth of July since this site was founded, it is time to do it again. From the 1976 movie version of the 1972 musical, 1776. As I said in those earlier posts, “not only did the musical capture the essence of the men who made independency happen, it is also a rollicking and entertaining work of art.”

And as John Kennedy said of himself, ourselves, and these founding fathers. “We stand for freedom.”

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Want to get off gmail? Behind the Black might provide an option

10:01 pm

I am exploring the possibility of offering email services through my server for those who want to get off of gmail and google. However, before such a service can be offered, we need to know the amount of interest there might be. The demand will effect the cost, which means I can’t even give you an idea of what we might charge.

Regardless, if you are interested in having “your.name@behindtheblack.com” as your email address, please say so in the comments. There will be no obligations, by you or me or my server, but the response however will help us decide if we can do it.

And if we can do it, and many people sign on, we will then be taking the proper free enterprise approach for combating the corrupt business practices of giants like Google. Our federal government might still act to break Google up, but I think it would be far better if the free market did the job instead.

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Apollo landing tapes for sale

9:42 am

An intern who in 1976 purchased more than a thousand surplus 2-inch videotapes from NASA for $218 is now going to auction off three of those reels that show the Apollo 11 moon walk.

Back in 1976, NASA gave 1,150 reels of 2-inch Quadruplex videotape to a government surplus auction. Gary George, a former intern at NASA’s Johnson Space Center, snapped up the lot of them for $218, in the hopes of selling them to news stations to record over for $50 a pop. He never watched them, but because his dad was a space buff, kept three of the tapes marked as “Apollo 11 EVA” (aka Extravehicular Activity, better known as a spacewalk). When he eventually watched the tapes, he realized that he had one of three surviving copies of one of the greatest feats of human ingenuity, the July 20, 1969 Moon landing. Now, those videotapes will be auctioned off to the highest bidder when Sotheby’s will mark the 50th anniversary of the moon landing by putting the tapes up for sale on July 20th, at a starting bid of $700,000.

“I had no idea there was anything of value on them,” George said in an interview with Reuters. He started to get suspicious in 2006, after NASA admitted they had lost the tapes, and believed they could have been in the 2,614 boxes of Apollo mission tapes that were sent to a storage facility in late 1969. George got in touch with video archivist David Crosthwait in California, who had the necessary equipment to view the vintage tapes. In December 2008, George played the reels and quickly realized what he had been storing over the last few decades. He contacted NASA about the reels but “an agreement could not be reached,” according to the auction listing, and off to the auction block they go as part of an auction dedicated to Space Exploration.

The saddest part of this story are the tapes George sold to television stations to use to back-up their daily broadcasts. Some of those tapes probably contained historical recordings of the Apollo missions. While I suspect these tapes were not NASA’s only copies, I cannot be sure, which means some of the source material for the Apollo missions was likely lost.

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LightSail 2 released from cubesat; establishes contact

9:58 pm

The Planetary Society’s LightSail-2 technology demonstration satellite was released from its carrier vehicle today and successfully established communications with the ground.

The CubeSat, about the size of a loaf of bread, was scheduled to leave Prox-1 precisely 7 days after both spacecraft successfully flew to orbit aboard a SpaceX Falcon Heavy rocket. Following deployment from its spring-loaded enclosure known as a P-POD, LightSail 2 deployed its radio antenna and began transmitting health and status data, as well as a morse code beacon indicating its call sign. The mission team received LightSail 2’s first signals on 2 July at 01:34 PDT (08:34 UTC), as the spacecraft passed over Cal Poly.

…The team will spend about a week checking out LightSail 2’s systems, exercising the spacecraft’s momentum wheel, and taking camera test images before and after deployment of the CubeSat’s dual-sided solar panels. Following the successful completion of these tests, the team will deploy the 32-square-meter solar sail, about the size of a boxing ring. A time for the solar sail deployment attempt will be announced later.

If they successfully deploy the solar sail and use it to maneuver in space, it will the second time the Planetary Society has done it, having deployed LightSail-1 in 2015. That mission has some communications problems, but eventually succeeded in its main engineering mission by testing the sail deployment system.

LightSail-2 will also be the third time a light sail has been flown in space, with the first, Ikaros, deployed by the Japanese in 2010 and flown in solar orbit through 2012. That mission was successful in using sunlight to accelerate the sail.

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Comparing today’s modern rocket engines

10:17 pm

For the geeks among us, below the fold is a really really good video describing the engineering designs and considerations that have gone into the launch industry’s most important rocket engines, both now and in the future, with the goal of understanding the design choices SpaceX made for its Raptor engine.

The video is almost 50 minutes long, but if you set the speed at 1.25 you can still understand it and save some time.

Hat tip reader Michael Nelson.
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Exos suborbital reusable rocket aborts prematurely during third launch

10:07 pm

Capitalism in space: The third flight of Exos Aerospace’s reusable suborbital rocket SARGE was cut short today shortly after launch when the rocket had attitude control problems.

A reusable suborbital rocket developed by Exos Aerospace suffered a loss of attitude control seconds after liftoff on a test flight June 29, but the rocket was still able to glide safely back to Earth.

Exos’ Suborbital Autonomous Rocket with GuidancE, or SARGE, rocket lifted off from Spaceport America in New Mexico at about 2 p.m. Eastern. In the company’s webcast, the rocket started gyrating seconds after liftoff before disappearing from view.

Controllers were able to reestablish some control of the rocket, aborting the flight. The rocket deployed a drogue parachute and parafoil while venting unused propellant. The rocket slowly descended under that parafoil, landing within view of the launch pad 14 minutes after liftoff.

That it appears they were able to safely recover the rocket and its payloads is significant, even though this failure is a setback for the company.

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SpaceX seeking more investment capital

9:09 am

Capitalism in space: SpaceX has begun its third round of private fund-raising this year, this time seeking more than $300 million.

The latest round, filed on Monday, seeks to raise $314.2 million at a price of $214 a share, according to a document seen by CNBC. The new equity would bring SpaceX’s total 2019 fundraising to $1.33 billion once completed.

The block of this new round appears to already be funded from the Ontario Teachers’ Pension Plan.

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Europe finally admits it must build reusable rockets

8:56 am

The new colonial movement: Europe has finally admitted that its refusal with Ariane 6 to make it reusable was a mistake, and has begun a major engineering research project to design and fly two different types of reusable rockets.

This month, the European Commission revealed a new three-year project to develop technologies needed for two proposed reusable launch vehicles. The commission provided €3 million to the German space agency, DLR, and five companies to, in the words of a news release about the project, “tackle the shortcoming of know-how in reusable rockets in Europe.”

This new RETALT project’s goals are pretty explicit about copying the retro-propulsive engine firing technique used by SpaceX to land its Falcon 9 rocket first stages back on land and on autonomous drone ships. The Falcon 9 rocket’s ability to land and fly again is “currently dominating the global market,” the European project states. “We are convinced that it is absolutely necessary to investigate Retro Propulsion Assisted Landing Technologies to make re-usability state-of-the-art in Europe.”

What is interesting to me is what appears to be some internal politics within Europe surrounding this effort. France is generally the most dominate member of the European Space Agency. Yet, according to the press release for this announcement, France is not involved in these new reusable rocket projects. Instead, Germany dominates, with companies from Switzerland, Portugal, and Spain participating.

It could be that the failure of Ariane 6 to garner customers, due to its higher costs, has forced these ESA partners to push for their own reusable rocket projects.

Either way, the competition in rocket technology is heating up, more evidence that the 2020s will be the most exciting decade in space since the 1960s.

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SpaceIL decides Beresheet-2 will not be lunar mission

9:06 pm

The new colonial movement: The Israeli nonprofit company SpaceIL has decided that its second Beresheet spacecraft will not go to the Moon.

The association’s board of directors decided to involve the public in the process of choosing the challenge that Beresheet 2 will lead, as was done in the national mission to the moon. At the same time, the association will continue to focus on establishing the values ​​of the “Beresheet effect” among the younger generation in Israel.

What I think is really going on is that they have realized that they cannot raise the necessary cash to fly another lunar lander, and are therefore setting their sights lower in order to find a mission they can fund.

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SpaceX catches a fairing

7:26 am

Capitalism in space: During last night’s Falcon Heavy launch SpaceX was for the first time able to catch one of the rocket’s fairings using its ship, GO Ms. Tree (formerly called Mr. Steven).

As noted at the link, SpaceX now has in its hands a fairing untouched by salt water that it can analyze for future reuse, something no other rocket company has been able to do. Moreover, that the ship was able to make the net catch at night bodes well for future fairing recoveries.

Hat tip commenter geoffc.

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Falcon Heavy launches successfully

11:52 pm

Capitalism in space: The Falcon Heavy successfully launched tonight, and is presently deploying the 24 satellites on board.

They successfully landed the two first stage side boosters, but the core stage apparently just missed hitting the drone ship in the Atlantic. You could see it come down, but not on the pad. While SpaceX has now successfully recovered all six side boosters on all three Falcon Heavy launches, they have not yet succeeded in recovering the core stage.

The mission’s full success will not be known for several hours, as the satellite deployments unfold. So far the first two satellites have been deployed successfully.

The leaders in the 2019 launch race:

8 China
8 SpaceX
5 Russia
5 Europe (Arianespace)
3 India

The U.S. has now widened its lead over China in the national rankings, 13 to 8.

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Falcon Heavy launch a go for 2:30 am (Eastern) tonight

9:57 pm

Capitalism in space: SpaceX’s third Falcon Heavy launch is now a go for launch at 2:30 am (Eastern) tonight.

You can watch it live at SpaceX’s website here or at the embedded video below the fold.

This launch should be especially spectacular, as it will be at night, and the sky is clear. Moreover, they will once again be trying to land all three first stage boosters, with the side boosters flying for the second time only two months after their first flight on the last Falcon Heavy launch.
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Schedule for Dragon/Starliner manned flights revised

9:04 am

Capitalism in space: NASA has released a new updated planning schedule for the manned flights of both SpaceX’s Dragon and Boeing’s Starliner manned capsules.

Boeing’s first unmanned demo flight of Starliner is now set for September 17, 2019. This will be followed by SpaceX’s first manned Dragon flight, scheduled for November 15, 2019. Boeing will then follow with its first manned Starliner flight on November 30, 2019.

These are considered target dates. I have great doubts that the Starliner schedule will proceed as described, while SpaceX’s schedule is more likely.

The article also had this interesting tidbit about the upcoming launch schedule of Sierra Nevada’s unmanned reusable cargo ship Dream Chaser:

According to the document, the first flight of Dream Chaser will take place in a planned September 2021 timeframe and will see the vehicle remain berthed to the International Space Station for up to 75 days before returning to Earth to land on a runway for reuse.

There are clearly issues with all these commercial projects. For example, the GAO today released a new report citing the numerous delays in this commercial manned program and calling for NASA to come up with a more complete back-up plan.

Nonetheless, the 2020s have the potential to be the most exciting decade in space exploration since the 1960s. If all goes even close to these plans, the U.S. will have three operating manned spacecraft (Dragon, Starliner, Orion), two reusable cargo spacecraft (Dragon, Dream Chaser), one non-reusable (Cygnus), and a plethora of launch companies putting up payloads of all kinds, from planetary missions to basic commercial satellites numbering in the thousands.

Much could happen to prevent all this. Keep your fingers crossed that nothing will.

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Blue Origin completes first test of lunar lander engine

8:48 am

Capitalism in space: This week Jeff Bezos revealed that Blue Origin had successfully completed the first static test firing of its BE-7 rocket engine, intended for use in its Blue Moon lunar lander.

Company founder Jeff Bezos tweeted June 19 that the test of the BE-7 engine took place the previous day at NASA’s Marshall Space Flight Center. The 35-second test went as expected, he said. “Data looks great and hardware is in perfect condition,” he wrote in the post, which included a video of the test.

Bezos is clearly lobbying here for the contracts to build NASA’s first manned lunar lander should its Artemis program get funded.

Meanwhile, there is been no update on the status of his company’s BE-4 engine since April 2018. I wonder why..

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SpinLaunch gets first launch contract, from Defense Department

9:08 am

Capitalism in space: The smallsat launch company SpinLaunch has gotten its first launch contract from a division of the Defense Department.

In a statement today (June 19), SpinLaunch announced that it has received a “launch prototype contract” from the U.S. Department of Defense under a deal arranged by the Defense Innovation Unit. The Long Beach, California-based company aims to launch its first test flights in early 2020 from Spaceport America in New Mexico.

SpinLaunch is developing a “kinetic energy-based launch system” that accelerates a small payload-carrying booster to hypersonic speeds with a spinning system on the ground. A chemical rocket would kick in once the payload has been launched from the ground system.

The image provided by SpinLaunch at the link appears to show a 3D-printed lifting-body type spacecraft attached to the arm of a large centrifuge. This suggests that after this spacecraft reaches orbit and deploys its payload, it would then return to Earth to be reused.

SpinLaunch has raised $40 million in investment capital, so they are real. Whether they can make this happen by 2020 remains to be seen.

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