Tag: commercial

SpaceX to launch Bulgarian satellite in June with used first stage

8:30 pm

Capitalism in space: SpaceX will fly its second used first stage in June when it launches a Bulgarian communications satellite.

In a statement, BulgariaSat said its BulgariaSat-1 spacecraft is scheduled to launch in mid-June on a Falcon 9 from Cape Canaveral, Florida. The first stage of that Falcon 9 will be the same one that launched 10 Iridium Next satellites from Vandenberg Air Force Base in California in January. Maxim Zayakov, chief executive of BulgariaSat, said the use of a reused first stage lowers the launch price and “makes it possible for smaller countries and companies to launch their own satellites.”

The company did not disclose the price it is paying for the launch, including what discount it is receiving for using a “flight-proven” first stage.

Previously SpaceX had said it would charge about $40 million for a launch using a previously flown first stage, so I would suspect the discount is somewhere around that.

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Bezos sells about $1 billion of his Amazon shares

8:39 am

Capitalism in space: This past week Amazon CEO Jeff Bezos raised about $1 billion in cash by selling 1 million shares of his stock in Amazon.

Amazon.com Inc. Chief Executive Officer Jeff Bezos sold about $1 billion in company stock as part of a planned divestiture, a month after the world’s third-richest man said he spends about that amount annually on his space exploration company Blue Origin LLC.

Bezos sold 1 million shares from Tuesday to Thursday ranging in price from about $935 to $950 per share, according to a regulatory filing on Thursday. He still owns 79.9 million shares, or about 17 percent of the company, down from 83 million shares at the end of 2015.

What this means for Blue Origin is that Bezos has very deep pockets, and will likely be able to finance the development of its very big New Glenn rocket without outside help. That the company will likely also win contracts along the way for the company’s BE-4 rocket engine will also not hurt Bezos’ financial position.

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Nancy Sinatra – Sugar Town

6:01 pm

An evening pause: I usually dislike most music videos because of their cliches and fakery, preferring live performances instead. However, this 1967 Nancy Sinatra music video, from the very early days of such things, is so simple it doesn’t bother me that much. In a sense, it even highlights the music.

Hat tip t-dub.

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California proposes taxes on commercial space companies

9:09 am

We’re here to help you! The Franchise Tax Board of California has proposed new regulations that would allow the state to tax commercial launch companies.

You can read the full proposal here [pdf].

The rules are designed to apply to any company operating in California that generates at least half the money it takes in from “space transportation” — defined as the movement of people or property 62 miles above the surface of the Earth. That’s the internationally recognized line that separates our planet from the rest of space. It would apply to companies that use California as a launchpad, not California companies launching from other states, like Texas or Florida.

Essentially, they will tax any launch from Vandenberg, basing the tax on the distance the payload flies while still attached to the rocket and still the responsibility of the launch provider.

This is essentially a tax on SpaceX, since they are California’s only major launch company. This is also a tax on Vandenberg, the only spaceport in the state. The result? Expect future companies to flee California. Expect new spaceports to spring up elsewhere. As noted in the article:

At least one company has already been lured away from California for the promise of greater financial incentives — though of a more earthly variety. Moon Express, a company working to mine the moon for natural resources, moved from Mountain View to Florida. In an email, the company’s CEO and founder, Bob Richards, said the company “relocated from California to Florida in part due to the State of Florida’s progressive economic development incentives designed to attract commercial space companies

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NASA looks to private companies for lunar missions

8:53 am

Capitalism in space: NASA has issued a request for information on possible private commercial missions capable of carrying NASA payloads to the Moon.

From the announcement:

NASA has identified a variety of exploration, science, and technology demonstration objectives that could be addressed by sending instruments, experiments, or other payloads to the lunar surface. To address these objectives as cost-effectively as possible, NASA may procure payloads and related commercial payload delivery services to the Moon

In other words, NASA has money to spend on lunar science missions, and rather than plan those missions itself, as it has done since the 1960s, it is now offering to buy and launch proposals from private companies.

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Company that analyzes satellite data raises $50 million

8:30 am

Capitalism in space: Orbital Insight, a company that uses computers to analyze satellite imagery of the Earth, has raised $50 million in new investment capital.

The fresh capital will be used to expand its partnerships, increase its analytics products, and build bigger international sales operations in Europe and Asia, Orbital said. The Mountain View, California-based company founded by former NASA scientist and Google engineer James Crawford also will step up recruiting in engineering, data science and design.

Falling satellite launch costs are helping make geospatial imagery a bigger and better source for economists and investors tracking everything from China’s manufacturing to the number of cars parked outside Wal-Mart stores. Venture capital investment in space companies jumped to a record nearly $1.4 billion last year, bringing the total since 2000 to $13.3 billion, Goldman Sachs Group Inc. said in a report last month. [emphasis mine]

Nor are the lower launch costs hurting the launch industry. Instead, the industry is booming, as it now has a lot more customers available to buy their launch services.

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Elton John – Rocket Man

6:01 pm

An evening pause: Hat tip Sayomara. This pause is slightly different, and is really two-for-one. The background music is Elton John’s “Rocket Man,” but the visuals are of SpaceX’s future spaceport site at Boca Chica beach near Brownsville, Texas. Apparently someone used a drone to fly over the site and videotaped it. As Sayomara noted, this “shows how far away this site is from being usable.”

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SpaceX successfully launches first surveillance satellite

8:41 am

Capitalism in space: SpaceX this morning successfully launched its first National Reconnaissance Office (NRO) surveillance satellite.

They also successfully landed the first stage at the cape. Video below the fold. These first stage landings are becoming entirely routine, which in the long run will probably be their biggest single achievement. Expect this stage to fly again.

Last night John Bachelor emailed me a link to a podcast I did with him from April 2011, six years ago. He has reposted it, entitling it “SpaceX underbids Big Space & the beginning of commercial space supremacy.” During that appearance I noted the signing of SpaceX’s first contract with NRO. That contract led to today’s launch.

About the same time I posted a story describing NASA’s first small development contracts for commercial manned capsules, awarded to Blue Origin, Sierra Nevada, SpaceX and Boeing. In that post, I predicted the following about this commercial effort:

I bet they all get their rockets/capsules launched and in operation, supplying cargos and crews to low Earth orbit, before NASA even test fires its heavy-lift rocket [SLS].

Looks like that’s a prediction that will turn out true.
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Pietro Mascagni – Preludio Cavalleria Rusticana

6:01 pm

An evening pause: Hat tip Jim Mallamace, who wrote, “Pietro Mascagni’s ‘Cavalleria Rusticana’ is often translated as ‘Country Ways.’ His opera departed from those of his day in that his characters were not of the nobility. He portrayed the lives and struggles of ordinary people. The performance is by the Gaetano Donizetti Symphonic Orchestra of Gessate and conducted by Pierangelo Pelucchi.”

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Space, regulation, the Outer Space Treaty, and yesterday’s Senate hearing

9:27 am

Yesterday the space subcommittee of the Senate Commerce committee held a hearing, organized by Senator Ted Cruz (R-Texas), entitled “Reopening the American Frontier: Reducing Regulatory Barriers and Expanding American Free Enterprise in Space.”

You can watch the hearing here. There have also been a number of stories last night and today that summarized the testimony during this hearing.

Having watched the full hearing, I think that most of these stories did not capture well the full political context and significance of yesterday’s event. They focused on Cruz’s advocacy for private space and the call for less and more streamlined regulation by the witnesses. They missed a great deal else.
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European push for more space regulations under international law

8:46 am

In the European space community and governmental circles, there appears to be a new push to revise the Outer Space Treaty, focused specifically on increasing the treaty’s regulatory power in the area of large satellite constellations and space junk.

This week [the city of] Darmstadt hosts a closed-door, governmental meeting of the Inter-Agency Space Debris Coordination Committee (IADC). Whether it was planned or not, the IADC is set to discuss a much-needed renewal of international space law, which is, experts admit, rather vague. But how far they will go is anyone’s guess.

…There is a palpable sense that the space community needs enforceable international laws and regulations, rather than – or merely to bolster – its current inter-agency agreements. They’ve served us so far, but few countries have actually signed up to them. That leaves a lot of wriggle-room, especially as space becomes increasingly commercialized.

Most of our space activities are governed by the Outer Space Treaty of 1967. It’s a short document that primarily seeks to ensure space operations are “peaceful” and for the good of all humanity. It is complemented by other agreements, including a set of documents on mitigating space debris. “We have a good, coherent set of justified rules and we don’t intend to alter them drastically,” said Christophe Bonnal of the French Space Agency, CNES, and the International Academy of Astronautics (IAA) in closing remarks last week. “But we will improve them at the IADC meeting to include mega-constellations.”

It appears to me that this is a push-back against Luxembourg’s recent announcement that it is going to request a renegotiation of the Outer Space Treaty to allow for property rights in space. What this article is advocating instead is that the treaty increase its control and regulatory power over private satellite constellations, which at present are not covered by the treaty.

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Vector suborbital rocket test scrubbed

7:43 am

A suborbital test flight of Vector’s orbital rocket was scrubbed on April 6 when a sensor aborted the launch.

The next test flight is scheduled for May 3, after a test April 6 at the company’s test site near the Mohave Desert was scrubbed when a sensor caused an automatic abort, Cantrell said.

Engineers quickly determined the rocket was functional but the company decided not to launch after high winds kicked up. But the rocket is fine, he said, adding that failures are part of the testing process. “We blew a lot of stuff up, trust me,” he said.

The article is more focused on describing in detail the company’s overall status, its fund-raising effort, its future plans, its present operation. This tidbit about the test launch was buried in it. That the flight didn’t fly is not a bad mark on the company, at this point. However, they are under pressure to fly as soon as possible in order to demonstrate success, and delays work against them.

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Airbus-Safran gets go-ahead to build first Ariane 6 test rocket

8:30 am

Capitalism in space: The European Space Agency (ESA) has given Airbus-Safran the go-ahead to build the first Ariane 6 rocket, which will be used for ground tests.

It is really important to recognize how this article illustrates the major things that have occurred in how Europe is builds its rockets. Note first that Arianespace is not mentioned at all, even though government bureaucracy has been in charge of ESA’s commercial business for decades. It is not in control any longer and is thus irrelevant. Note also that the design was created solely by Airbus-Safran, and that the only thing ESA did was approve it. The agency did not micromanage it, or revise it, or insist on changes, as would have been the case less than three years ago. Instead, it appears they essentially rubber-stamped it, leaving this work entirely to the private company, which in the end will operate and sell the rocket entirely for profit, while also providing ESA its needed launch vehicle.

At first glance, it appears that the ESA has adopted here the recommendations that I made in my policy paper, Capitalism in space:. In truth, they made these policy changes well before my paper was even written, which helps illustrates forcefully their universal correctness. If you want things built well and efficiently, you give people ownership of their work, you let them create it, and you get out of the way.

Or to use that forgotten word, you let freedom work its magic.

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The Israeli finalist in the Google Lunar X-Prize is out of the running

10:19 pm

The Israeli team for the Google Lunar X-Prize, one of the five finalists, can no longer win the race because its SpaceX launch will not take place before the end of the year.

SpaceIL, formed by veterans of the Israeli tech sector, will not be able to launch by the year-end deadline set by the race’s organizers, according to Spaceflight Industries, the space transport company hired to carry the team’s spacecraft on a Falcon 9 rocket launch it purchased from SpaceX.

A Spaceflight executive tells Quartz that SpaceIL’s rocket is still in the launch queue but will be unable to launch before 2018, effectively scotching SpaceIL’s chance at the contest barring a last-minute extension to the deadline.

The article does a nice job of summarizing the situation for all five finalists, all of which appear to have problems that could prevent them from flying before the deadline at the end of 2018. It also notes that an extension could also be granted, as has happened twice before.

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France settles union dispute in French Guiana

10:10 pm

The union strike that has stopped all Arianespace launches from French Guiana for the past month has been settled.

The article provides no details on the settlement itself. Instead, it outlines the company’s intention to complete all the scheduled launches they had planned for 2017.

Update: This story outlines the basic agreement.

It authorises an emergency relief plan of up to 2.1 billion euros, which includes funds for security, education, healthcare and business aid.

France had already approved 1.1 billion in aid for French Guiana at the beginning of April. The additional funds were offered to meet demands made by the collective and local representatives, who rejected the government’s initial offer.

France will prioritise the implementation of the spending plan, said Bareigts, who described the agreement as a “decisive day for the future of Guiana”.

Essentially, this is a payoff to the unions and group in French Guiana that organized the strike. I am sure a lot of the money will go for good purposes, but I am even more sure that a majority of it will simply end up in the pockets of the strike organizers, doing little to help the people of French Guiana themselves.

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Trump signs commercial weather satellite bill

4:14 pm

Capitalism in space: President Trump today signed the new law that strongly encourages NOAA to begin using privately acquired weather data.

Among the bill’s provisions is language formally authorizing the National Oceanic and Atmospheric Administration to purchase weather data from commercial satellite systems. The bill authorizes NOAA to spend $6 million a year in fiscal years 2017 through 2020 for a pilot program of data purchases to evaluate the effectiveness of commercial data to support weather forecasting.

NOAA has already started such a pilot program using $3 million appropriated to the agency in fiscal year 2016. In September 2016, NOAA awarded contracts to GeoOptics and Spire, with a combined value of a little more than $1 million, for GPS radio occultation data.

These are only baby steps. At this time NOAA’s bureaucracy views commercial space the same way that NASA did back in 2004: it is a threat and also incapable of doing the job. Since NOAA today, like NASA in 2004, has been unable to do the job very well itself, its ability to argue against private space is limited. Expect the pressure to build for NOAA to hand over more and more of its weather-gathering work to private companies.

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