More indications balloon company Space Perspective is about to go bankrupt

New details reported yesterday strongly suggest that the high altitude balloon company Space Perspective has been unable to find new investors and is on the verge of shutting.

In a February 5 email to stakeholders, Interim CEO Michael Savage provided the latest updates, shedding light on failed funding efforts, the company’s dire financial situation, and attempts to restructure its debt. The email also acknowledged the gravity of the challenges ahead, hinting at the possible closure of operations.

Savage’s email outlined efforts to secure funding, including meetings with investors Fortuna and Broadlight, both of whom ultimately declined to proceed. Savage explained that while there was initial interest, the company’s mounting debt and financial instability deterred further investment. “Both [investors] have expressed interest, but despite the current circumstances and since Nov./Dec. 2024, they feel that their LPs would not stomach the numbers,” Savage wrote.

The company has previously announced it was shifting operations out of the Cape Canaveral area to a location 90 miles north where costs were less as it searched for new investors. This new report suggests this move and the search have not worked and the company will soon go out of business.

0 comments

ULA swapping Vulcan for Atlas-5 for first 2025 launch

ULA has decided to destack the Vulcan rocket it had planned as its first launch in 2025 (launching a military payload) and is now replacing it with one of its remaining Atlas-5 rockets to put the first batch of satellites for Amazon’s Kuiper internet constellation.

It appears the military is not ready to certify this launch after the second Vulcan launch in October 2024 experienced a problem with one of its strap-on boosters. The payload got to its proper orbit, but the loss of that booster’s nozzle appears to be an issue the military remains concerned about.

Rather than wait, ULA decided to switch to the Kuiper launch. The company wants to complete up to 20 launches in 2025, many of which are for Amazon using its last ten or so Atlas-5 rockets. When it can start commercial launches of Vulcan remains somewhat uncertain. The military has indicated it will make a final decision of certification in the spring, and has also said that first operational flight will follow soon after.

4 comments

SpaceX to use older Dragon capsule for next manned launch because of issues with new capsule

Ars Technica today reported that because of continuing battery issues with the new Dragon manned capsule, SpaceX now plans to use the older Endurance Dragon capsule for the next manned launch to ISS and prevent further delays in bringing home the two Starliner astronauts.

NASA now believes the vehicle will not be ready for its debut launch until late April. Therefore, according to sources at the agency, NASA has decided to swap vehicles for Crew-10. The space agency has asked SpaceX to bring forward the C210 vehicle, which returned to Earth last March after completing the Crew-7 mission.

Known as Endurance, the spacecraft was next due to fly the private Axiom-4 mission to the space station later this spring. Sources said SpaceX is now working toward a no-earlier-than March 12 launch date for Crew-10 on Endurance. If this flight occurs on time—and the date is not certain, as it depends on other missions on SpaceX’s Falcon 9 manifest—the Crew-9 astronauts, including Wilmore and Williams, could fly home on March 19. They would have spent 286 days in space. Although not a record for a NASA human spaceflight, this would be far longer than their original mission, which was expected to last eight to 30 days.

The new capsule will then be used for Axiom’s fourth commercial flight to ISS, AX-4, presently scheduled for later in the spring.

4 comments

SpaceX withdraws from process to bring Starlink to South Africa

In what appears to be directly related to the new South African law that will force the redistribution of private land holdings based on race, SpaceX this week withdrew from a meeting to discuss South Africa’s plan to license Starlink operations.

According to an Icasa spokeswoman, SpaceX notified Icasa on Wednesday evening that it would no longer participate in the oral presentations. The company had already made a written submission, which has not been withdrawn. It’s not clear why SpaceX decided to withdraw from the hearings – the company couldn’t immediately be reached for comment.

The withdrawal by SpaceX follows a post by Musk on his social media platform X that asked President Cyril Ramaphosa why the country has what he called “openly racist ownership laws”.

It is not surprising Musk had the company cancel its plans. Musk has more and more been learning about the corrupt and racist policies of the left, and since South Africa has been ruled for several decades by communists who have now decided to impose DEI quotas on land ownership that require a percentage of white-owned land to be confiscated to give to blacks, he has probably decided there are better places than South Africa to provide Starlink services.

4 comments

Astrobotic’s Griffin lunar lander gets commercial rover to replace NASA’s VIPER rover

Astrobotic’s commercial Griffin lunar lander has signed a deal with the space rover startup Venturi Astrolab to fly its FLEX Lunar Innovation Platform (FLIP) in place of NASA’s cancelled VIPER rover.

Last year NASA announced that it would be cancelling the VIPER lander that was set to travel aboard Astrobotic’s Griffin-1 lander, just months after the company’s first attempt at a moonshot failed. Now, the company has secured a contract to transport a rover developed by California-based aerospace firm Venturi Astrolab. That rover, the FLEX Lunar Innovation Platform, or FLIP for short, will be deployed to the Nobile region of the lunar south pole. The mission is scheduled for the end of the year and NASA’s contract with Astrobotic has been modified for the mission to serve as large lander demonstration flight.

This deal has significant ramifications outside of Astrobotic’s effort to make money hauling payloads to the Moon. Astrolab is one of three companies with NASA design contracts to develop a manned lunar rover for its later Artemis manned missions. By flying this smaller version now and successfully operating it on the Moon Astrolab puts itself in a better position to win the larger final rover contract from NASA, beating out Intuitive Machines and Lunar Outpost.

Astrolab was clearly aiming for the VIPER slot when it unveiled FLIP in October 2024. As I predicted then:

FLIP was clearly designed to match the fit of NASA’s now canceled VIPER rover that was to be launched on Astrobotic’s Griffin lander. Griffin is still being prepped for its lunar mission to be launched in 2025, but no longer has that prime payload. It is very obvious that Astrolab is vying to make FLIP that prime payload.

Note however how private enterprise moves. NASA can’t get it done but the competition to win contracts and make profits has these private companies scrambling to make things happen, quickly and cheaply.

1 comment

German startup Atmos gets FAA approval to launch its orbital research capsule

The German startup Atmos Space Cargo has now gotten its FAA launch license for testing the re-entry capability of its first orbiting research capsule, dubbed Phoenix.

That payload review was the final regulatory step needed for the mission, Sebastian Klaus, chief executive and co-founder of Atmos, said in an interview. The company doesn’t need a separate FAA reentry license because the spacecraft is planned to reenter over international waters, he said, and there are no licensing requirements by Germany, where the company is based.

Phoenix is fully assembled and has completed environmental testing, although the company is continuing to update software for the vehicle. “Physically and from a testing point of view, the spacecraft is ready for launch,” he said.

The capsule will be deployed immediately after the Falcon 9’s upper stage completes its de-orbit burn, so that it can then test that re-entry capability using an “inflatable decelerator”, likely a larger heat shield that can be used to protect a larger capsule.

This mission will be the first in a series of flights to test that inflatable system. If successful, the capsule will then be made available for orbital manufacturing for return to Earth, similar to the American startup Varda and its capsule.

2 comments

Putin fires head of Roscosmos

Vladimir Putin today fired Yury Borosov, who has run Russia’s space industry as head of Roscosmos for only two and a half years after he replaced Dmitry Rogozin, whom Putin had fired in 2022.

According to this British news report, Borosov was fired due to a “catastrophic reduction in the number of launches, as well as incidents and accidents with serious consequences”. Since 2022, the number of successful Russian launches has dropped from 21 to 19 to 17 (in 2024), and so far in 2025 it has only launched once, a classified military launch yesterday. Though there is no indication that launch was a failure, the timing of Borosov’s firing today suggests something might have gone askew once the payloads reached orbit.

The new Roscosmos head is 39-year-old Dmitry Bakanov, who was previously deputy minister of transport.

It is not likely Bakanov will have any better luck revitalizing Russia’s space industry than Borosov. First, Putin consolidated that industry in 2015 into this single Roscosmos corporation, so there is no competition allowed. Russia under Putin’s rule has increasingly returned to the top-down communist model, and as a result it is increasingly less capable of accomplishing much.

Second, Putin’s idiotic invasion of the Ukraine has done nothing but harm to the nation. And as that war continues to drag on, the harm has only been metastasizing.

8 comments

Rocket Lab wins another multi-launch contract

Rocket Lab today announced it has won a four-launch contract with a Japanese company, the Institute for Q-shu Pioneers of Space, Inc. (iQPS), to launch its Earth-imaging satellites.

The multi-launch contract, signed in July 2024 [but apparently not publicly announced till now], includes three dedicated missions for launch in 2025 from Rocket Lab Launch Complex 1 in New Zealand, with a fourth launch scheduled for 2026. Each mission will carry a single satellite to form part of iQPS’ planned constellation of 36 synthetic aperture radar (SAR) satellites that are capable of collecting images through cloud and at night with a high resolution of less than a meter.

Rocket Lab previously completed one launch for iQPS in 2023, signing the contract and launching within four months.

Though the company has not yet announced officially the number of launches it hopes to fly in 2025, it appears the number will exceed the 14 orbital launches it completed in 2024. Before adding the three 2025 iQPS launches above, Rocket Lab had 18 Electron launches listed for 2025 at the rocketlaunch.live website, as well as the first launch of the company’s new Neutron rocket. Altogether that adds up to a total of 22 launches.

0 comments

ISRO considering doing more docking tests with Spadex satellites

India’s space agency ISRO has delayed the undocking of its two Spadex satellites as it considers a plan to do more docking tests.

The original plan was to have the chase satellite complete only one docking with the target vehicle, after which the two satellites would separate and spend the next two years doing different work. That plan is being reconsidered.

[Isro chairman V.] Narayanan said in Sriharikota that they have to think of the money involved in such projects and utilise it to the maximum. “Now we are in the process of reviewing when to do the undocking, the power connections and when to totally separate them again and dock again. All these processes are going on. We do not want to undock and leave it,” the Isro chairman said.

“We have loaded five kg of propellant on both the satellites. The propellant is needed for docking and undocking exercises. Currently we have 60 to 70 per cent of the propellant (as of January 29) remaining in the spacecraft. There are going to be a lot of experiments in the docking, undocking, power connection exercises and it is not a one time exercise,” he said.

Sources at ISRO also suggest there may be issues with the docking that still need analysis.

0 comments

SpaceX launches two high resolution Earth imaging reconnaissance satellites

SpaceX tonight successfully launched Maxar’s last two of six high resolution Earth imaging reconnaissance satellites of its Worldview constellation, its Falcon 9 rocket lifting off from the Kennedy Space Center in Florida.

SpaceX placed the entire Worldview constellation in orbit over three launches. The first stage on today’s launch completed its fourth flight, landing back at Cape Canaveral, while the rocket’s two fairing halves completed their 21st and 23rd flights respectively.

This was also SpaceX’s second launch today.

The 2025 launch race:

16 SpaceX
6 China
1 Blue Origin
1 India
1 Japan

0 comments

NASA calls for the private sector to launch VIPER to the Moon

As a follow-up of its August request for suggestions on how to save its cancelled VIPER rover mission to the Moon, NASA has now issued a request for actual proposals from the private sector for flying the mission, due on March 3, 2025.

The Announcement for Partnership Proposal contains proposal instructions and evaluation criteria for a new Lunar Volatiles Science Partnership. Responses are due Monday, March 3. After evaluating submissions, any selections by the agency will require respondents to submit a second, more detailed, proposal. NASA is expected to make a decision on the VIPER mission this summer.

…As part of an agreement, NASA would contribute the existing VIPER rover as-is. Potential partners would need to arrange for the integration and successful landing of the rover on the Moon, conduct a science/exploration campaign, and disseminate VIPER-generated science data. The partner may not disassemble the rover and use its instruments or parts separately from the VIPER mission. NASA’s selection approach will favor proposals that enable data from the mission’s science instruments to be shared openly with anyone who wishes to use it.

Expect a number of companies to tout their proposals in press releases in the coming weeks.

3 comments
1 100 101 102 103 104 785