Tag: commercial

Virgin Orbit completes $37 million stock sale

3:18 pm

It appears that Virgin Orbit has just completed a $37 million sale of new common stock, valued at $0.0001 per share, and equal to about 10% of the company.

Hat tip to stringer Jay, who writes, “To me, it is like V.O. is printing money. They have already lost most of the value of the original stock, they are losing about $20 million a quarter, and they just raised $37M.”

Virgin Orbit had planned in 2022 about eight launches. It completed two, and then got blocked by the UK bureaucracy, completing no more launches for the rest of year while it waited months for permits to launch from Cornwall. During that time it could not launch its other customers because it only had one 747 in its fleet to launch its rocket.

No launches means no income. To keep the company afloat Branson has had his larger company Virgin Group transfer first $25 million and then another $20 million to Virgin Orbit. This stock sale appears to be another effort to keep Virgin Orbit above water.

The endless and unexpected delays getting permits to launch from Cornwall now suggests that some people in the UK government might not like Branson, and took this opportunity to sabotage him. Pure speculation I know, but not beyond the realm of possibility.

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Voyager signs deal with Airbus to build its private space station

8:58 am

Voyager Space, the division of Nanoracks that has a contract with NASA for building one of four private space stations, has now signed a deal with Airbus, which will provide Voyager additional technical support.

It appears this deal is going to give Europe access to at least one of those American stations, once ISS is gone.

“We are proud to partner with Airbus Defence and Space to bring Starlab to life. Our vision is to create the most accessible infrastructure in space to serve the scientific community,” said Dylan Taylor, Chairman and CEO of Voyager Space. “This partnership is unique in that it engages international partners in the Commercial Destinations Free-Flyer program. Working with Airbus we will expand Starlab’s ecosystem to serve the European Space Agency (ESA) and its member state space agencies to continue their microgravity research in LEO.”

Unlike ISS, where profit was not a motive, Voyager has to make money on its Starlab space station. If Europe wants in, it needs to provide Voyager something, and this deal is apparently part of that contribution. I also suspect that high level negotiations occurred within NASA, ESA, and Voyager to make this deal happen so that Europe would continue to have access to at least one of the American stations.

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Updates on India’s space effort

8:46 am

It appears that India’s effort in space is evolving rapidly, based on several news stories today.

First, the Indian space agency ISRO signed a deal with Microsoft, whereby the software giant will provide support to private Indian space start-ups.

As part of a memorandum of understanding that Microsoft has signed with the Indian Space Research Organization, the firm will also provide space tech startups with go-to-market support and help them become enterprise ready, it said.

Startups handpicked by ISRO will be onboarded to Microsoft for Startups Founders Hub platform, where they will receive free access to several tools and resources. These tools include help with building and scaling on Azure, as well as GitHub Enterprise, Visual Studio Enterprise, Microsoft 365 and Power BI and Dynamics 365. [emphasis mine]

The highlighted phrase indicates once again that there is an aggressive turf war going on in India about who will control the aerospace industry. Similar to the battles that occurred at NASA in the 00s and 10s, there are people within ISRO who do not wish to cede their power to an independent private industry, and are doing whatever they can to block the Modi government’s effort to create such an independent industry.

In the end, as long as Modi government stands firm, this effort will fail. Private companies will increasingly succeed, and that success will feed the transition from a government-run industry to an independent and competitive one.

In other stories from India:
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January 3, 2023 Quick space links

3:11 pm

Courtesy of BtB’s stringer, who trolls the web to make sure I don’t miss any important stories.

  • Astronaut Walt Cunningham has passed away

    • Cunningham only flew in space once, on Apollo 7, the first shakedown flight of the Apollo capsule in October 1968. The flight lasted ten days, had no technical problems at all, though all three astronauts caught colds. Its success paved the way for the Apollo 8 mission around the Moon two months later.

 

 

  • The trailer for the Russian sci-fi movie, The Challenge, that was partly filmed on ISS last year, has now been released

    • It is very clear that they got a lot of good footage when they were on ISS. It is a shame however that this trailer doesn’t have English subtitles, because I think it probably could make some money from American filmgoers.

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SpaceX raises another $750 million in private investment capital

9:36 am

SpaceX has just completed another round of fund-raising, gaining another $750 million in private investment capital.

This additional money now means that SpaceX has raised about $10 billion in private money, most of which is being used for the development of Starship and Superheavy. When we add the $4 billion SpaceX will get from NASA for Starship, the company now has $14 billion to build this new rocket.

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John Williams – The Cowboys Overture

6:01 pm

An evening pause: It is more than a decade since I last posted this magnificent piece of music from the 1972 John Wayne film, The Cowboys. Time to post it again, because I think it makes a great start to a new year. Rather than John Williams conducting, this time we have a 2018 performance by the Stanisław Moniuszko School of Music Orchestra in Bielsko Biała, Poland, Andrzej Kucybała, conductor.

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Rocketry went BOOM! in 2022, but in a good way

12:44 pm

In my 2021 annual report on the global launch industry, I noted that while 2021 was a banner year for the global launch industry:

Not all is sweetness and light of course. Competition and freedom always includes risk. Some of these new companies will certainly fail. The demand for launch services might not be enough to sustain them all. And factors outside the control of anyone, such as war and further panics like the Wuhan panic, could shut them all down.

In 2022 the launch industry not only topped 2021, setting a new record for successful launches in a single year, the industry was reshaped and changed by the very factors I warned about one year ago. The Russian invasion of the Ukraine resulted in Russia losing its one remaining satellite customer from the west, OneWeb, while the challenges of rocketry caused one already successful launch company, Astra, to suspend its launch services in order to develop a more competitive rocket.

Nonetheless, 2022 remained the most successful year ever in rocketry, smashing the record for successful launches in a single year, set the previous year, by more than 33%. The graph below illustrates well the unprecedented success of 2022.
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Hakuto-R successfully completes second mid-course correction

9:36 am

Lunar map showing Hakuto-R's landing spot
Hakuto-R’s planned landing site is in Atlas Crater.

According to Ispace, the private lunar lander company based in Japan, its Hakuto-R lander has now successfully completed second mid-course correction, and is functioning as expected on its way to the Moon.

The maneuver was carried out shortly after midnight on Jan. 2, 2023 (Japan Standard Time) and operations were managed from ispace’s mission control center located in Nihonbashi, Tokyo. This orbital control maneuver is the second maneuver to occur while the lander has been traveling to the moon. The first orbital control maneuver was completed on December 15, 2022. The second maneuver was carried out at a greater distance from Earth and lasted for a longer period than the first maneuver, verifying the company’s capability to carry out orbital maneuvers under various conditions.

As of Jan. 2, 2023, the lander has traveled approximately 1.24 million kilometers from the Earth and is scheduled to be at its farthest point of approximately 1.4 million km from the Earth by Jan. 20, 2023. Once the lander reaches its farthest point from Earth, a third orbital control maneuver may be performed, depending on its navigational status.

While Hakuto-R carries a number of commercial payloads — including Rashid, the first lunar rover built by the United Arab Emirates (UAE) — its primary goal is engineering. Ispace is using this mission to demonstrate its ability as a company to do this, in anticipation of later commercial planetary missions.

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SpaceX successfully launches Israeli imaging satellite

12:53 am

SpaceX today successfully launched an Israeli Earth-observation satellite, using its Falcon 9 rocket.

The first stage successfully completed its eleventh flight, touching down softly at SpaceX’s facility at Vandenberg Space Force Base.

This launch completes SpaceX’s 2022 launch year, with a record 61 launches, one more than predicted by the company earlier in the year, and the most ever by a privately owned company.

The leaders in the 2022 launch race:

62 China
61 SpaceX
21 Russia
9 Rocket Lab
8 ULA

The U.S. now leads China 85 to 62, while trailing the rest of the entire world combined 94 to 85. The 85 launches for the U.S. is a new record for a single year, smashing the record of 70 launches set in 1966.

On Monday I will publish my annual full roundup of the state of global launch industry, based on the 2022 numbers.

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Lex Fridman – Playing Guitar in a Self-Driving Car

6:01 pm

An evening pause: The guitar playing is great, but if this is supposed to be a demonstration of the abilities of self-driving cars, to me it is a utter failure. The drive was on a test track, with no other cars. The car itself was probably never going faster than 25 miles per hour.

In fact, if anything this proves the impracticality of self-driving cars. Such technology might work in a completely controlled environment, but as soon as you add any random human element, it can’t work. Thus our options: we continue to drive ourselves, or we give up our freedom to drive so that all vehicles can be autonomous.

But as I say, the guitar playing is great.

Hat tip Wayne Devette.

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SpaceX launches 54 more Starlink satellites

9:04 am

SpaceX early today completed its 60th successful launch in 2022, putting 54 Starlink satellites into orbit using its Falcon 9 rocket.

This achievement matches a prediction Elon Musk made early in 2022. More significant, except for two years (1965 and 1966), SpaceX completed more launches in 2022 than the United States achieved each year since Sputnik. And it did it not as a nation, but as a private company, for profit.

SpaceX’s achievement this year also allowed the U.S. to smash its own record for annual launches.

The first stage successfully completed its 11th flight, landing on a drone ship in the Atlantic.

The leaders in the 2022 space race:

61 China
60 SpaceX
21 Russia
9 Rocket Lab
8 ULA

The U.S. now leads China 84 to 61 in the national rankings, but trails the entire world combined 93 to 84.

Only one more launch, by SpaceX, is publicly scheduled for 2022.

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SpaceX has about 100 Starlink terminals working in Iran

8:47 am

Though the Iranian government opposes their use, according to a tweet by Elon Musk SpaceX now has almost 100 Starlink terminals working in Iran.

Elon Musk announced that SpaceX has almost 100 Starlink terminals active in Iran. SpaceX activated Starlink services in Iran in September, supporting the United States’ stance on providing internet freedom and free flow of information to Iranians.

Unlike Ukraine, SpaceX does not have the cooperation of the Iranian government to expand Starlink services in the country. In Ukraine, President Volodymyr Zlenskyy and the Minister of digital transformation Mykhailo Feorov have actively supports Starlink connection during the war with Russia.

In contrast, the Iranian government is actively trying to limit its citizens’ internet access. The United States government has taken a stance against the Iranian government’s decision regarding internet access for its people.

SpaceX has routinely cooperated with foreign governments before selling terminals, likely because to do otherwise would get it in trouble with the U.S. State Department. In this case however the State Department appears to have approved this action, and SpaceX then made it happen.

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NASA requesting proposals for raising Hubble’s orbit

9:23 am

NASA has published a request for proposals from the private commercial space industry for a possible future mission to raise Hubble’s orbit.

NASA published a request for information (RFI) Dec. 22 asking industry how they would demonstrate commercial satellite servicing capabilities by raising the orbit of Hubble. The agency said it is looking for technical information about how a company would carry out the mission, the risks involved and the likelihood of success.

NASA emphasized in the RFI that it had no plans to procure a mission to reboost Hubble. “Partner(s) would be expected to participate and undertake this mission on a no-exchange-of-funds basis,” the document stated, with companies responsible for the cost for the mission.

Apparently, this RFI was issued as a direct result of the agreement between NASA and SpaceX to study a Dragon mission to do exactly this, which in turn was prompted by Jared Isaacman, as part of his private Polaris program of manned Dragon/Starship space flights. I suspect that NASA officials realized that not only were their engineering advantages to getting more proposals, there were probably legal and political reasons for opening the discussion up to the entire commercial space community.

Ideally, a Hubble reboost mission should occur by 2025, though the telescope’s orbit will remain stable into the mid-2030s.

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Australian rocket startup Gilmour preps for first test launch

9:23 am

Gilmour Space Technologies, a new Australian rocket startup, is now targeting April for the first test launch of its three-stage Eris rocket from a launchpad on the northeast coast of Australia.

Standing 25 m (82 ft) high, [Eris] has a first-stage diameter of 2 m (6.6 ft), and a second-stage diameter of 1.5 m (4.9 ft), and it’s designed to take a payload mass up to 305 kg (672 lb) up as high as 500 km (311 miles) for delivery to sun-synchronous or equatorial orbits. The Eris will be powered by five of Gilmour’s own Sirius rocket engines. This is a hybrid engine, meaning it uses a liquid oxidizer but a solid fuel. In a final bench test to destruction, it generated 115 kilonewtons (25,850 lbf) and burned for more than 90 seconds before exploding.

More information here.

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Update on upcoming first launch of Relativity’s Terran-1 rocket

9:13 am

Link here. Relativity has been doing longer and longer static fire tests on the launchpad, building to what could be the first every full duration static fire test of a rocket, on the launchpad.

A pair of spin-start tests on Terran 1’s first stage was completed on July 18 and 21 of this year. This was followed by hot fire tests, which not only started the nine Aeon 1 engines but allowed them to reach full thrust before shutdown. The first of these hot fire tests occurred on July 27 and lasted six seconds.

Once complete engine ignition was achieved, the next goal was to work toward firing the first stage for the full duration that will be needed during the flight from liftoff to stage separation. This type of “mission duty cycle” test is usually done on dedicated test stands rather than on the launch pad, but the test stand being used in place of the launch mount at SLC-16 enabled Relativity to streamline operations and complete long-duration firings on the launch pad. “To our knowledge, no other company has ever actually done a full flight duration test on the actual launch mount, or launch pad, at Cape Canaveral,” said Relativity CEO Tim Ellis, in an August interview with NASASpaceflight.

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Once this test is completed, the rocket will be rolled back to its assembly building for check-outs, and if all is well will then be returned to the launchpad for its actual launch. No date has been set for that launch, but if it occurs before SpaceX’s Starship orbital launch, it will be the first methane-fueled rocket to reach orbit.

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SpaceX and the Ukraine resolve funding issues for Starlink terminals

9:39 am

According to a Ukrainian official, the Ukraine has worked out a method to pay for another 10,000 Starlink terminals by obtaining funding from several European nations.

Ukraine’s deputy prime minister Mykhailo Fedorov has announced that over 10,000 additional Starlink terminals will be sent to Ukraine in the coming months, confirming that issues regarding how to fund the country’s critical satellite internet service have been resolved.

The governments of several European Union countries are ready to share payment said Fedorov (who is also Ukraine’s minister for digital transformation) in an interview with Bloomberg, affirming that “As of now all financial issues have been resolved.” Fedorov did not publicly identify which governments are contributing towards the payments but confirmed that there’s currently no contract in place and that Ukraine will need to find additional funding by spring 2023.

Elon Musk had threatened to end Starlink support without some form of payment. It appears his threat, which was almost immediately retracted, forced some action by these governments.

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Virgin Orbit finally receives launch license from British bureaucracy

9:15 am

We’re here to help you! The UK’s Civil Aviation Authority has finally issued a license to Virgin Orbit to launch nine satellites from a Cornwall airport.

The launch date however has not yet been set, because it appears licenses for the nine satellites still need to be issued, though according to the article at the link, approval appears “imminent.”

The press release from the UK Space Agency brags about the speed in which this license was issued:

The UK Civil Aviation Authority granted the licences within 15 months, well within the expected timescales for these types of licences, putting the UK’s regulatory framework on a competitive footing with other international space regulators.

Hogwash. If the licensing process for every commercial launch in the UK is going to take this long, rocket companies are going to quickly find other places to launch from.

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Launch failure for Arianespace’s Vega-C rocket

8:58 am

The second launch of Arianespace’s Vega-C rocket, an upgrade from the Vega rocket that has launched previously, failed yesterday when a problem with the second stage occurred at 2 minutes 27 seconds into the flight.

Designated Vega Vehicle 22 (VV22), the rocket was the second Vega flight of the year and Arianespace’s fifth mission of 2022. VV22 was originally set to launch in November 2022, but a component in the upper composite in the payload fairing needed to be replaced. The launch failure occurred during stage 2 flight, with CEO Stephane Israel citing an “underpressure” indicated during that stage’s burn.

I have embedded video of the launch below, cued to T-30 seconds, just before launch. The rocket was carrying two Earth observation satellites built by Airbus.

The rocket itself has four stages, with the failure occurring when the second stage clearly did not maintain the rocket’s correct path. Though it appeared to be working, it was not providing enough power, so instead of continuing upward into space, the rocket fell back into the atmosphere.
» Read more

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