Tag: commercial

NOAA pays smallsat company PlanetiQ $60 million for its weather data

9:12 am

Capitalism in space: NOAA today awarded the smallsat company PlanetiQ a $60 million contract to provide the agency weather data from the company’s planned constellation of 20 satellites.

At present two satellites are in orbit, with more scheduled for launch in 2024. The satellites use data obtained in orbit from the different GPS-type satellite constellations to determine the atmosphere’s temperature, pressure, humidity and electron density.

In 2018 NOAA had awarded PlanetiQ and two other commercial companies, Spire and GeoOptics, small developmental contracts. This appears to be the first full contract, and continues NOAA’s very slow shift from building its own weather satellites to buying data from commercial satellites built by private companies. The agency has resisted this change, but since it can’t get its own satellites built and launched on budget or on time, it is increasingly being forced to do so.

Leave a comment

SpaceX launches 15 more Starlink satellites into orbit

9:20 pm

SpaceX tonight successfully launched fifteen more Starlink satellites into orbit, lifting off from Vandenberg Space Force Base in California.

The first stage completed its tenth flight, landing successfully on a drone ship in the Pacific. Both fairings successfully completed their sixth flight.

The leaders in the 2023 launch race:

48 SpaceX
26 China (with a launch also planned for tonight)
9 Russia
6 Rocket Lab
5 India

American private enterprise now leads China in successful launches 55 to 26, and the entire world combined 55 to 45, with SpaceX by itself leading the entire world combined (excluding other American companies) 48 to 45.

An additional note: This was the 100th successful orbital launch in 2023. In the history of space rocketry, reaching 100 launches in a year was generally considered an indication of an active launch year. Now the global rocket industry accomplishes it in just over half the year. Last year set a record with 179 launches. There is now an outside chance of breaking that, topping 200 launches in 2023.

Leave a comment

SpaceX to raise another $750 million in stock sale; earnings rise to $8 billion in ’23

8:49 am

According to anonymous sources, a new stock sale at SpaceX is likely to raise another $750 million because of enthusiasm on Wall Street for the stock due to the company’s growing earnings, which are expected to double to $8 billion this year.

Last week, CNBC reported that Elon Musk’s SpaceX valuation reached nearly $150B following an announcement of a stock sale by existing investors. According to a copy of the purchase offer sent by CFO Bret Johnsen, which CNBC obtained, the company has entered into an agreement with new and existing investors to sell up to $750 million in stock at a price of $81 per share. This represents a 5% increase from the previous secondary sale at $77 per share, which valued the company at approximately $140B. SpaceX has not provided any comments regarding the purchase offer.

Though the article does not say, that revenue comes from two sources, SpaceX’s rocket launches and its Starlink constellation. In the first case the company dominates the launch industry, because its launch price is so much cheaper than everyone else. In the second case, Starlink is producing so much revenue because Elon Musk forced the company to move fast and get its satellites in orbit quickly. Though both SpaceX and Amazon announced their internet constellations at about the same time, Amazon has still not launched any satellites, while SpaceX has more than 4,000 in orbit. This active and operating constellation has allowed SpaceX to grab market share that Amazon is now likely never to get, even when it begins launching.

All this makes SpaceX very appealing to investors, which is why its private stock price has gone up. It is also why it has been able to raise now almost $11 billion in private investment capital for building both Starlink and its Starship/Superheavy rocket.

12 comments

Rocket Lab launches seven satellites; recovers first stage from ocean

6:46 pm

Rocket Lab today successfully used its Electron rocket to place seven smallsats into orbit, lifting off from New Zealand.

The first stage used parachutes to softly splash down in the ocean, where it was recovered for refurbishment and relaunch. As this stage is the first in which this full reuse will be attempted, the ability to refurbish the stage after its salt water swim remains the critical factor. We will not know its state until a complete inspection plus static fire engine tests are completed.

The leaders in the 2023 launch race:

47 SpaceX
26 China
9 Russia
6 Rocket Lab
5 India

American private enterprise now leads China in successful launches 54 to 26, and the entire world combined 54 to 45, while SpaceX alone still leads the rest of the world (excluding other American companies) 47 to 45.

6 comments

July 17, 2023 Quick space links

4:38 pm

Courtesy of BtB’s stringer Jay.

 

6 comments

SpaceX launches using its second Falcon 9 first stage on its sixteenth flight

9:14 pm

SpaceX tonight successfully launched 54 Starlink satellites into orbit, lifting off from Cape Canaveral.

The Falcon 9 rocket used a first stage flying on its sixteenth flight, landing successfully on a drone ship in the Atlantic. That is the second 1st stage in SpaceX’s fleet to complete that many flights. Both first stages completed their sixteen flights in only three years, which means that those two first stages have actually flown more times than the entire United States rocket industry did annually from 2000 to 2019. I don’t have a full count, but I suspect both stages have launched in those three years more satellites then the totals for almost all other nations, excepting possibly Russia and the U.S. Both probably allowed SpaceX to amortize the cost of those launches considerably, possibly as much as 90%.

Just remember: Rocket industry experts were insisting even as late as 2016 that it was impractical to make rocket stages reusable, that to make a profit “a partially reusable rocket would need to launch 35-40 times per year to maintain a sizable production facility while introducing reused hardware into the manifest.” Based on that calculation, these experts determined with utmost certainty that a partly reusable rocket — like the Falcon 9 — could never make a profit.

Elon Musk must have agreed, and decided he needed an extra profit center for the Falcon 9. Starlink has provided that profit center. It not only needs that many launches, and pays for them, its profit stream from its internet customers is already adding to SpaceX’s bottom line.

Regardless, Musk has proved these “experts” utterly wrong. I always thought they were talking through their hat, but had no way to prove it. Thank you Mr. Musk for proving the point.

Note too that the two fairing halves on this flight were also reused, completing their ninth and tenth flights respectively.

The leaders in the 2023 launch race:

47 SpaceX
26 China
9 Russia
5 Rocket Lab
5 India

American private enterprise now leads China in successful launches 53 to 26, and the entire world combined 53 to 45, while SpaceX alone now leads the rest of the world (excluding other American companies) 47 to 45.

And it is doing this with that impractical, unprofitable, and impossible reusable Falcon 9 rocket. Heh.

15 comments

UK government reluctantly admits its space regulatory framework is a problem

9:36 am

According to a report issued by a committee formed by a number of members of the United Kingdom’s parliament, the regulatory licensing framework for its space launch industry is a problem that needs fixing, and in a hurry.

The report also expressed concern about the licensing delays that led to the Virgin Orbit launch being postponed. Virgin Orbit and some of its satellite customers were critical of the UK regulatory process, which was led by the Civil Aviation Authority.

But the committee concluded there was no evidence that the regulatory system contributed to the failure of the Virgin Orbit. The report did state, however, that there is “insufficient co-ordination between the large number of regulatory bodies involved in licensing launches, and this continues to place unnecessary burdens of complexity and administration on companies”.

The MPs [members of parliament] are calling on the Government to take steps to improve the licensing system of UK satellite launch.

It is amusing how these politicians speak from both sides of their mouths. First they say the regulatory system did not contribute to Virgin Orbit’s failure, but then admit the regulatory system is so complex and messy that anyone can see that it certainly did contribute to that failure. It took that system fifteen months to approve the launch, even though Virgin Orbit expected that approval to come in half that time.

Whether this MP report will force action remains unclear. As I noted earlier this week, Orbex applied for a launch license seventeen months ago for a launch it hopes to complete at the Sutherland Spaceport before the end of this year, and it is as yet unclear if any license has been issued. The UK’s two spaceports cannot compete if it is going to take one to two years for each launch license to be approved

3 comments

Rocket Lab gets two-launch deal with Japanese satellite company

9:27 am

Rocket Lab today announced that it has signed a two-launch deal with the Japanese satellite company Synspective, bringing to six total the number of Synspective satellites its Electron rocket will place in orbit.

Rocket Lab has been launching for Synspective since 2020 when the Company deployed the first satellite in Synspective’s synthetic aperture radar (SAR) constellation, which is designed to deliver imagery that can detect millimetre-level changes to the Earth’s surface from space. Since that first mission, Rocket Lab has been the sole launch provider for Synspective’s StriX constellation to date, successfully deploying three StriX satellites across three dedicated Electron launches. Including the two new missions, Rocket Lab is now scheduled to launch three missions for Synspective beginning in late 2023 from Launch Complex 1 in New Zealand.

This deal illustrates Rocket Lab’s continuing strong position in the launch market, while simultaneously illustrating the lack of any Japanese presence. Japanese Synspective might prefer to work with a Japanese rocket, but none exists that can compete with Rocket Lab.

Leave a comment

ULA officially admits first Vulcan launch is delayed to end of year

9:19 am

Though the announcement was not news or unexpected, ULA’s CEO Tory Bruno yesterday officially confirmed that the first Vulcan launch will not occur before the fourth quarter of this year, not this summer as hoped.

In a call with reporters July 13, Tory Bruno, president and chief executive of ULA, said the changes to the Centaur upper stage stemmed from an investigation into a test mishap in March, where hydrogen leaked from a Centaur test article and ignited, damaging both the stage and the test rig. The company announced June 24 that it would delay the launch to make “minor reinforcements” to the Centaur.

Bruno also poo-pooed the significance of a failure of a Blue Origin BE-4 engine during a static fire test in mid-June, a failure that had been kept secret until this week.

“This doesn’t indict the qualification at all,” he said, noting that BE-4 engines have more than 26,000 seconds of cumulative runtime. “We’re very confident in the design and the workmanship of the assets that have passed acceptance. This is not unexpected.”

Forgive me if I don’t take him entirely at his word. I guarantee his engineers are looking at that failure very closely to make absolutely sure it doesn’t indicate issues with the two engines on that first Vulcan rocket. It is very likely this is part of the reason that first launch is now delayed until the end of the year.

3 comments

Australian industrial space park threatened with shut down

10:03 am

With the loss of government funds caused by decisions of the new Labor government in Australia, a space-centered industrial park proposed for Adelaide Airport is threatened with shut down.

The previous government was going to contribute about $20 million to build a shared facility, and this had encouraged a number of space manufacturers to add their own $26 million. With the loss of that $20 million from the government two of those companies have now backed out.

The article also notes a number of other space-related areas where government funding is being cut off. All this appears to be the result of the change in government, and the decision of the new Labor government to end such subsidies.

2 comments

New Viasat geosynchronous communications satellite in trouble

9:31 am

Launched in April, a new geosynchronous communications satellite for the company Viasat is in trouble, with “an unexpected event” occurring during the deployment of its antenna reflector.

Shares of Viasat fell as much as 36% in early trading Thursday, putting it on track for its biggest one-day loss since going public in December 1996. Viasat did not disclose the identity of the reflector’s manufacturer in its release. Dankberg said his company is “working closely” with the manufacturer to resolve the problem. A Viasat spokesperson confirmed to CNBC that the manufacturer is a top aerospace and defense company – but noted that it is not Boeing, which built the 702MP+ bus that is the spacecraft’s structure and power.

The company is under severe competitive pressure from the Starlink and OneWeb satellite constellations. This loss could be crippling, even if it obtains a full insurance payment of $420 million.

One comment

July 12, 2023 Quick space links

4:28 pm

Courtesy of BtB’s stringer Jay.

 

  • China unveils proposed plan for first manned lunar mission before 2030

    • The plan calls for separate rockets, one for the manned ascent/descent Earth capsule, and the second for the lunar lander/ascent spacecraft. The two will rendezvous and dock in lunar orbit. This is all engineering by powerpoint at this point, though based on China’s track record I’d give it more credence than most of NASA’s recent promises.

 

One comment

Blue Origin BE-4 rocket engine explodes during test

4:03 pm

This failure has been kept very quiet, but on June 11, 2023 during a static fire engine test of a Blue Origin BE-4 rocket engine, it exploded 10 seconds into the test.

During a firing on June 30 at a West Texas facility of Jeff Bezos’ space company, a BE-4 engine detonated about 10 seconds into the test, according to several people familiar with the matter. Those people described having seen video of a dramatic explosion that destroyed the engine and heavily damaged the test stand infrastructure. The people spoke to CNBC on the condition of anonymity to discuss nonpublic matters.

The engine that exploded was expected to finish testing in July. It was then scheduled to ship to Blue Origin’s customer United Launch Alliance for use on ULA’s second Vulcan rocket launch, those people said.

The story is based on anonymous sources, but if true it means another serious setback for both ULA’s Vulcan rocket and Blue Origin’s New Glenn rocket. Vulcan has the BE-4 engines it needs to launch its first Vulcan, but it might feel forced to delay that launch until it receives the analysis of this failed test.

It also means that even after more than a decade of development, Blue Origin has still not worked out all the kinks in its BE-4 engine. This inability does not speak well for the company. Are they not testing enough? Are they not questioning their designs enough?

32 comments

To raise cash Astra will sell off some of its stock

10:15 am

Short of cash, Astra officials have now decided to sell about $65 million worth of the company’s existing stock.

In a filing with the U.S. Securities and Exchange Commission published after the markets closed, Astra said it had signed a sales agreement with Roth Capital Partners under which it will sell up to $65 million of its stock in an “at-the-market” offering, where shares are sold at the going market rate.

Net proceeds from the stock sale, the company said, would go towards working capital and general corporate purposes. That includes development of its next-generation launch vehicle, Rocket 4, as well as continued production of its Astra Spacecraft Engine electric thrusters.

The stock sale comes as the company was running low on cash. Astra reported having $62.7 million in cash as of the end of the first quarter, with a net loss of $44.9 million. The company reported no revenue in the first quarter.

The $65 million figure is based on the present value of the stock. If the market price drops, a good possibility, the company will raise less.

2 comments

NASA awards new spacesuit contracts

9:50 am

NASA yesterday issued two relatively small spacesuit contracts to the two companies it already has hired to develop different spacesuits, one for the Moon (Axiom) and the other for orbital spacewalks (Collins).

The new contract awards provides each company $5 million to begin design work for adapting their suits for the other tasks, with the goal aimed at having two different suits for Moonwalks and spacewalks, from two different companies. For the companies, having suits that work both in orbit and the Moon will enhance their product. For Axiom, it will also allow it to develop its own suit it can use on its own space station.

The original contracts awarded Axiom $228.5 million for its Moonsuit, and Collins $97.2 million for a new orbital suit. NASA has previously spent about a billion dollars and fourteen years trying to build its own new orbital spacesuit, and had failed to create anything.

2 comments

Orbex to expand facilities in Scotland and Denmark

9:57 am

The British rocket startup Orbex today announced that it is expanding its factory and office space in its facilities in Scotland and Denmark, the former at its facility it leases at the new spaceport in Sutherland.

The company is adding an extra 1,500 square metres of factory and office space to its existing 4,750 square metre estate in Forres, Scotland and Copenhagen, Denmark. The additional space will increase the company’s launch vehicle production and propulsion system manufacturing capacity and add an extra software laboratory and an avionics clean room space with ISO 8 and ISO 9 sections. The additional capacity in Forres is just 3km from its test site at Kinloss, allowing for quick turnaround between the two sites, as Orbex ramps up its testing in the countdown to launch.

The press release doesn’t give any information about the expansion in Denmark. I wonder if it is occurring as a hedge against the kind of bureaucratic delays in the UK that destroyed Virgin Orbit. Orbex’s Prime rocket is presently under construction in Scotland, with its first launch planned for this year out of Sutherland. Whether it can get a launch permit promptly is doubtful, based on the fifteen months it took Britain’s Civil Aviation Authority (CAA) to approve Virgin Orbit. Orbex applied for the launch license in February 2022 (seventeen months ago) and so far there is no word from CAA about its approval.

Other Scandinavian spaceports are under construction in Sweden and Norway, which suggests establishing facilities in Denmark could strengthen Orbex’s ties to these new spaceports, especially in Sweden as both Sweden and Denmark are members of the European Union. Norway meanwhile as strong trades ties to the EU. Orbex has also signed a deal with Arianespace to launch ESA payloads, and it could be those launches could occur in French Guiana.

It seems wise if Orbex prepares for launch problems in the UK. Today’s announcement could be signalling that preparation.

2 comments

ISRO to transfer ownership of its smallsat SSLV rocket to a private company

9:38 am

India’s space agency ISRO has now announced that it is planning to transfer full ownership of its new smallsat SSLV rocket to a private company, with that transfer conducted through open bidding.

The Indian Space Research Organisation (ISRO) will soon transfer its Small Satellite Launch Vehicle (SSLV) to the private sector, after conducting two development flights of the rocket that seeks to provide on-demand services to put satellites weighing up to 500 kg in a low-earth orbit. The space agency has decided to opt for the bidding route to transfer the mini-rocket to the industry, a senior official said. “We will be transferring the SSLV completely to the private sector. Not just the manufacturing, but full transfer,” the official said.

The article does not provide a source, so this story is at present unconfirmed. It does fit with the overall policy of the Modi government, but it also clashes with the power structure in India’s vast bureaucracy that is resisting that policy. It is very possible that the story has been leaked as part of that struggle, likely by bureaucracy to gin up opposition prior to the transfer being implemented.

Up to now under the Modi government’s efforts to force ISRO to give up power, the assets of ISRO that have been used to generate commercial profits — such as its rockets — have generally been transferred to a new separate bureaucracy created by ISRO dubbed NSIL. NSIL supposed to operate like a private company, but it is wholly owned by the government, and is thus structured to retain control within that government.

If this news story is correct, the Modi government is about to bypass NSIL and force ISRO to sell off SSLV. If so this is excellent news, though the devil will certainly be hidden in the final details of the sale.

Leave a comment

SpaceX launches 22 Starlink satellites using a first stage for 16th time

9:11 pm

SpaceX tonight successfully launched 22 Starlink satellites, its Falcon 9 rocket lifting off from Cape Canaveral using a first stage for a record sixteenth time, all achieved with a period of just over three years.

The stage successfully landed on its drone ship in the Atlantic. In addition, the two fairing halves each successfully completed its ninth flight.

In those three years this one first stage flew almost as many times as all of the launches of Russia (24), ULA (20), and Europe (20). Somehow, with those sixteen launches I think SpaceX has fully gotten its full value for what it spent building and refurbishing that stage.

To understand how routine SpaceX has made all this, when that first stage landed tonight there were no cheers at SpaceX, at all. There was just routine silence, as the launch crew proceeded with what has become an entirely routine procedure.

The leaders in the 2023 launch race:

46 SpaceX
25 China
9 Russia
5 Rocket Lab

American private enterprise still leads China in launches 52 to 25, and the entire world combined 52 to 43, with SpaceX by itself leading the rest of the world, excluding American companies, 46 to 43.

14 comments

SpaceX launches another 48 Starlink satellites

12:39 pm

Using its Falcon 9 rocket, SpaceX today successfully launched another 48 Starlink satellites, lifting off from Vandenberg Space Force Base.

The first stage completed its twelfth flight, landing softly on a drone ship in the Pacific. The two fairing halves completed their fourth and seventh flights respectively.

The leaders in the 2023 launch race:

45 SpaceX
24 China
9 Russia
5 Rocket Lab

In successful launches, American private enterprise now leads China 51 to 24 in the national rankings, while SpaceX by itself leads the entire world combined, excluding American companies, 45 to 42.

8 comments

Taiwan wants and needs Starlink, but local law is blocking a deal

9:46 am

After three years of discussions, negotiations between Taiwan and SpaceX to provide Starlink to that nation broke off in 2022 because of a local Taiwanese law that requires local ownership of at least 51%.

SpaceX would not agree to these conditions, and ended the negotiations. In response, Taiwan has been struggling to get its own communications satellite into orbit, with limited success.

To address that vulnerability, the Taiwan Space Agency (TASA) intends to launch its first self-made low-Earth orbit communication satellite in 2026 and at least one more by 2028, Director General Wu Jong-shinn said. Taiwan also will have rockets capable of carrying payloads weighing over 100 kilograms, he added in an interview.

Since the country doesn’t yet have those rockets, this plan remains dependent on foreign launchers. Moreover, to be effective in low-orbit will require not two satellites but a constellation of 20 to 30. Taiwan is years from being to launch such a constellation.

It seems Taiwan is cutting off its nose to spite its face by not changing this ownership law. Its entire internet access is dependent on 14 undersea cables, and China has already demonstrated the ability to destroy these cables when it cut two in February. No foreign operation is going to give up its ownership to make a deal in Taiwan.

7 comments
1 … 40 41 42 43 44 … 306