Tag: competition

Rocket Lab begins construction on 2nd New Zealand launchpad

8:28 am

Capitalism in space: Rocket Lab has begun construction on a second launchpad at its New Zealand spaceport.

The new pad, known as Launch Complex 1 Pad B, is due for completion in late 2020. Rocket Lab says LC-1B will support increased launch frequency; enable back-to-back missions within days; and ensure that a pad is always ready to support rapid call-up launch. The existing pad at New Zealand’s Launch Complex 1 will be LC-1A.

This new pad will give Rocket Lab three launchpads total, two in New Zealand and one in Virginia, and when all are operational the company says it will be able to launch more than 130 times per year. That’s more launches than the entire world routinely launches.

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Original investors sue Firefly

8:41 am

Capitalism in space: The original investors in Firefly Aerospace, cut out when the company went bankrupt, have filed suit against the reborn company.

A group of original shareholders in the defunct Firefly Space Systems have accused co-founder and CEO Tom Markusic of fraudulently conspiring with Ukrainian billionaire Maxym Polyakov to force the rocket company into bankruptcy in 2017 and reconstitute it under a nearly identical name without giving them any stake in the new venture.

Markusic “betrayed the trust of his original co-founders and investors and committed fraud to cut them out of his aerospace company. Instead of managing the operations of the Original Firefly, a revolutionary rocket company with endless potential, Markusic schemed with…Maxym Polyakov…to rob Plaintiffs of their investments and form a new company called Firefly Aerospace, Inc. (the ‘New Firefly’),” the plaintiffs said in a lawsuit.

The article at the link has a lot more information. Read it all.

This is also not the first time Markusic has been sued. He left Virgin Galactic to found Firefly, and was then sued by Branson’s company for stealing proprietary technology. That lawsuit was settled when Markusic agreed to not use that technology in Firefly’s rockets.

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Soyuz rocket launches five satellites for Arianespace

8:30 am

A Russian Soyuz rocket, launching from French Guiana for Arianespace, successfully placed five satellites in orbit early this morning, including CHEOPS, a European space telescope designed to study exoplanets.

Though this was a Russian rocket, I count it as an Arianespace launch as that is the company under which the launch operates. I also realize this is open to debate.

The leaders in the 2019 launch race:

30 China
20 Russia
13 SpaceX
8 Arianespace (Europe)

China still leads the U.S. 30 to 26 in the national rankings.

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SpaceX successfully launches commercial satellite

9:59 pm

Capitalism in space: Using a first stage for the third time, SpaceX today successfully launched a commercial communications satellite while recovering that first stage.

Fun fact: This first stage recovery today was the 47th time that SpaceX has successfully completed a vertical landing.

The leaders in the 2019 launch race:

30 China
20 Russia
13 SpaceX
7 Europe (Arianespace)

China now leads the U.S. in the national rankings 30 to 26.

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Turkey buys machine gun toting drones

9:22 am

Our fascist future: Turkey has purchased shipment of an unspecified number of drones equipped with a machine gun capable of firing as many as 200 rounds.

Made by the country’s own Asisguard, the Songar drone can carry 200 rounds of 5.56 x 45 mm NATO class ammo, and can hit a 15-cm-square (6-inch-square) target from 200 m (650 ft) away with single shots, 15-bullet bursts or a full auto unloading.

The 25-kg (55-lb) drones use a four-armed carbon body design with two coaxially mounted large props on each arm. The automatic machine gun beneath rests in a tilting mount, allowing a remote operator to aim it using controls that would be familiar to anyone who’s used the camera on a DJI Phantom. It carries sufficient battery and powerful enough communications to fly 10 km (6.2 mi) on a mission, it’s GPS and GLONASS stabilized, and it offers twin camera operation for a pilot and gunner if required.

This is not the first or the most sophisticated killing drone ever built. Its simplicity however suggests that it is becoming very easy for governments and the power-hungry individuals who like to run them to obtain technology capable of killing their opposition, in a way that will be untraceable.

I have embedded below the fold a sales video produced by the company. If it doesn’t send chills up your spine you are very divorced from reality.
» Read more

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China launches two more Beidou GPS-type satellites

8:56 am

The new colonial movement: China today used its Long March 3B rocket to launch two more Beidou GPS-type satellites.

With this launch China has successfully matched its predicted number of launches for 2019, a number that it should exceed with several more launches scheduled before the end of the year.

The leaders in the 2019 launch race:

30 China
20 Russia
12 SpaceX
7 Europe (Arianespace)

China now leads the U.S. in the national rankings 30 to 25. These numbers should change later today, as SpaceX has a commercial launch scheduled.

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New info on Long March 5 launch failures

9:19 am

An article in the English Chinese press today about the upcoming third launch of China’s Long March 5 rocket revealed some new information about the failures of that rocket during its first two test flights.

On its maiden mission in November 2016, the rocket failed to reach the speed required for the early phase of the flight; still, extra booster fuel burned in the final stage lifted its satellite cargo into orbit and allowed China to declare the trip a success.

In the second flight a few months later, though, the main engine died minutes after take-off, and the rocket plunged into the sea.

I have tried to read every iota of information released about the first two launches of the Long March 5 in order to figure out what went wrong during its second launch. At no time however had I ever come across any report that described any launch problems during its first flight. The Chinese always touted that first flight as a complete success, with no problems.

We now learn that the first stage during that first launch was under-powered, a problem that was not dealt with before the second launch, resulting in the complete failure of that second launch.

This is the typical behavior one sees in a government-run top-down program. Rather than bluntly address problems to fix them, even if it means someone will be embarrassed, management acts to protect itself, hiding problems so as to avoid blame. The result is always more failures.

As long as China’s economy is booming and providing its government with lots of cash for its space program, such problems can be papered over and even overcome. The second however that economy begins to falter, the program will stumble, the hidden problems acting like an avalanche to overwhelm everything.

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Vector files for bankruptcy

8:53 am

Capitalism in space: On December 13 the smallsat rocket company Vector officially filed for bankruptcy, a precursor to having its assets sold off.

The company filed a voluntary petition for bankruptcy with the United States Bankruptcy Court for the District of Delaware, the state where the company was incorporated.

…Vector had been one of the leading companies in the small launch vehicle market until August, when the company said that a “significant change in financing” led it to pause operations and lay off nearly all of its more than 150 employees. Jim Cantrell, Vector’s chief executive, also left the company at the time. That announcement came just two days after the company won an Air Force launch contract.

According to industry sources familiar with the company, the August layoffs were triggered when one of the company’s major investors, venture fund Sequoia, withdrew its support for the company because of concerns about how the company was managed. That came as Vector was working on a new funding round, and Sequoia’s decision had a domino effect, causing other investors to back out. Sequoia didn’t respond to a request for comment in August about any role it played in Vector’s problems.

The company is currently being funded through “debtor in possession” financing from Lockheed Martin, according to a resolution by Vector’s board of directors included in the filing. Under a Nov. 20 agreement, Lockheed provided Vector with a $500,000 secured loan and proposed purchasing Vector’s assets associated with a satellite program called GalacticSky for no more than $2.5 million.

While companies sometimes recover from this situation, in this case Vector looks quite dead, for good. A real tragedy, but part of the reality of capitalism. The competition fuels innovation and success, but carries great risk and the real possibility of failure.

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Rocket Lab opens Wallops Island launchpad

8:55 am

Capitalism in space: Rocket Lab yesterday officially cut the ribbon on its first U.S.-based launchpad at Wallops Island, Virginia.

Rocket Lab aims to launch up to 12 missions a year from LC-2 [Wallops], about one a month, once flights begin in 2020. The first mission will launch in spring 2020 to deliver the U.S. Air Force’s Space Test Program 27RM (STP-27RM) mission into orbit. That mission will launch a microsatellite called Monolith to see if small satellites can effectively carry “large aperture” space weather payloads, said Lt. Col. Meagan Thrush, program element monitor for space launch and control for the Air Force, in a news conference here today.

The company has a similar launch rate capability at its New Zealand launch site. Thus, if they have the customers, Rocket Lab now has the ability to launch upwards of 24 times next year.

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Buyer of Stratolaunch revealed though unconfirmed

8:43 am

A news story today at Geekwire has revealed, based on business filings in Washington and California, the new owner of the company Stratolaunch.

Filings with regulators in California and Washington show that a new LLC business, also called Stratolaunch, was incorporated in late October, at Stratolaunch’s existing offices in Seattle and Mojave, Calif. The new Stratolaunch’s executive vice president is named as Michael Palmer, Cerberus’ managing director.

Private-equity firms typically replace existing managers as a prelude to realigning businesses they buy, which can involve firing, automation and offshoring. However, it appears that Jean Floyd, Stratolaunch’s president and CEO since 2015, remains in his roles for now.

It appears the new owners, who did not confirm the Geekwire story, are now marketing the huge Roc airplane as a launch platform for hypersonic test flights rather than orbital satellites.

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New Shepard completes another test flight

11:09 am

Capitalism in space: Blue Origin today successfully completed its sixth unmanned test flight (a new record) of its third New Shepard reusable suborbital spacecraft, the twelfth flight total and the ninth to carry commercial payloads.

The capsule reached an altitude of about 342,000 feet elevation.

Blue Origin’s success here is commendable. I just wish their launch pace was faster. At the pace they are setting I am beginning to think that SpaceX will be flying people to the Moon on Starship before Blue Origin flies its first commercial tourist suborbital flight.

I have embedded the video of the flight below the fold.
» Read more

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Russia and India launch satellites

8:18 am

Two launches since yesterday. First, Russia used its Soyuz-2 rocket to place another GPS-type Glonass satellite into orbit. This was Russia’s 20th successful launch in 2019, the first time that country has hit that number since 2015.

Then India used its PSLV rocket to launch a military radar reconnaissance satellite.

The leaders in the 2019 launch race:

29 China
20 Russia
12 SpaceX
7 Europe (Arianespace)
6 Rocket Lab
6 India

China remains the leader in the national rankings, 29 to 25 over the U.S.

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Morgan Stanley recommends buying Virgin Galactic stock

9:46 am

Capitalism in space: A report yesterday by Morgan Stanley recommended the purchase of Virgin Galactic stock because of its claim that it might repurpose its SpaceShipTwo suborbital spacecraft from space tourism to point-to-point transportation on Earth.

Morgan Stanley began coverage of Virgin Galactic’s stock on Monday with an overweight rating, saying the space tourism company’s shares will soar as it proves out a long-term plan of flying people around the world at hypersonic speeds. “A viable space tourism business is what you pay for today … but a chance to disrupt the multi-trillion-dollar airline [total addressable market] is what is really likely to drive the upside,” Morgan Stanley analyst Adam Jonas wrote in a note to investors.

…Morgan Stanley’s price target of $22 a share represents a 203% increase from Virgin Galactic’s current levels. The company outlined a three phase plan to investors during its roadshow earlier this year. While Morgan Stanley gave a $10 a share valuation to Virgin Galactic’s space tourism business, phases one and two of its plan, the firm sees $12 a share in value from phase three: Hypersonic point-to-point air travel.

The report caused the space company’s lagging stock to surge yesterday, though its value today ($9.41) remains well below its opening price ($12.53).

Personally I think anyone who takes Morgan Stanley’s advice is a fool. Virgin Galactic has spent fifteen years trying to develop this suborbital spacecraft, and has still not flown any customers. Moreover, the design is underpowered, which means I have serious doubts it could be used for any point-to-point transportation. To make that happen will require a complete redesign.

This recommendation by Morgan Stanley also suggests that this is not my investment firm of choice. The analysis here seems very poor and somewhat ignorant of the technology involved, and suggests instead that it was aimed merely to cause a jump in the price so that some of Morgan Stanley’s customers could get rid of their already-purchased stock without too much loss.

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ESA hires private company to remove space junk

9:12 am

Capitalism in space: The European Space Agency has hired the private company ClearSpace to fly an unmanned mission aimed at de-orbiting a large no-longer-needed launch component of its Vega rocket.

The European Space Agency signed a debris-removal contract with Swiss startup ClearSpace tasking the company with deorbiting a substantial piece of a Vega rocket left in orbit in 2013.

The mission, dubbed ClearSpace-1, is slated to launch in 2025 to capture and deorbit a 100-kilogram Vespa payload adapter an Arianespace Vega left in orbit after deploying ESA’s Proba-V remote-sensing satellite.

ClearSpace will lead a consortium of European companies in building a spacecraft equipped with four robotic arms to capture debris and drag it into Earth’s atmosphere.

The real importance of this contract is its nature. ESA is not taking the lead in designing or building the robot to do this work. Instead, it is acting merely as a customer, hiring ClearSpace to develop and build it. Afterward the robot design will belong to ClearSpace, which will then be able to sell that design for further space junk removal contracts.

[Luc Piguet, co-founder and chief executive of ClearSpace] said that while this first mission will destroy both the debris and the servicer spacecraft, future plans call for servicers that could deorbit multiple objects without also destroying themselves.

It seems that the ESA is following the recommendations I put forth in Capitalism in space, shifting power and ownership of its space missions from the agency to the private sector. This is excellent news.

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New Shepard test flight delayed to tomorrow

8:58 am

The sixth flight of Blue Origin’s second New Shepard reusable suborbital capsule has been delayed today until tomorrow due to weather.

As they have done on the last few flights they are launching a number of commercial payloads, including winning high school art chosen as part of a contest sponsored by both Blue Origin and the music band OK Go.

I have embedded below the fold the live stream for tomorrow’s launch, set to go live at around 8 am (Eastern).
» Read more

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Dragon launch abort test set for January 4

11:41 pm

NASA announced on December 6 that the launch abort test of SpaceX’s crew Dragon capsule will occur no earlier than January 4.

SpaceX and NASA originally hoped to launch the test flight, called an In-Flight Abort Test, sometime this month, but an exact launch date was never released. In a statement Friday, NASA officials said the mission will now lift off no earlier than Jan. 4 from Pad 39A of NASA’s Kennedy Space Center in Cape Canaveral, Florida, pending launch range approval from the U.S. Air Force.

The new launch target will push the SpaceX flight beyond the year-end holidays, as well as a planned Boeing launch of its first uncrewed Starliner astronaut taxi for NASA, which is slated to launch Dec. 20.

The article does not explain why a December test was not possible. The second paragraph of the quote above however might give a hint, in that a December launch might have interfered with those Christmas/New Year holidays, and both the agency and the company might have decided it was better for all to wait an extra week or so.

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ISRO officially requests funds for new lunar lander/rover

10:24 pm

The new colonial movement: India’s space agency ISRO has now officially requested funding to build a new lunar lander/rover, dubbed Chandrayaan-3, to launch as early as November 2020.

The TOI [Times of India], which was the first to report that Isro is looking to launch another Moon landing mission as early as next November, has now been able to get a confirmation from the department of economic affairs that the space agency has, in fact, sought Rs 75 crore [approximately $14 million] for Chandrayaan-3.

As per initial plans, Chandrayaan-3 will have a lander, a rover and a detachable propulsion module to carry fuel.

The money has been sought under the provisions of a supplementary budget for the present financial year. Of this, Rs 60 crore will be for “meeting expenditure towards machinery, equipment and other capital expenditure,” while the remaining Rs 15 crore is sought under revenue expenditure head.

The article also notes that ISRO “has already set up multiple committees to work on Chandrayaan-3.”

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Two Chinese Kuaizhou-1A launches within six hours

9:20 am

The new colonial movement: China today successfully completed two separate Kuaizhou-1A launches, placing in orbit seven total smallsats and doing it within a space of only six hours.

China launched two orbital missions from the Taiyuan Satellite Launch Center within six hours of each other, orbiting a total of seven satellites. The launches, using mobile pads, saw two Kuaizhou-1A rockets heading into space on Saturday at 2:55 UTC and 8:52 UTC.

The first Kuaizhou-1A rocket, serial number Y2, orbited the Jilin-1 Gaofen-2B remote sensing satellite for the Jilin-1 constellation.

…Six hours after the first launch, and as was expected by the navigational warnings previously published, a second Kuaizhou-1A launch vehicle, serial number Y12, had already been displaced to the launch site, but from a different pad. Analysis of the images available from the second launch seems to indicate that launch took place from a location within the Launch Complex 16 usually used for the Long March-6 launches. Ignition came at 8:52UTC.

The three-stage launch vehicle orbited six satellites.

This achievement is a very big deal. China has demonstrated the ability to launch and then launch again quickly with this military-based mobile launch system. This not only enhances their commercial value, it tells us they have developed a military capability able to put payloads into orbit at almost a moment’s notice.

The leaders in the 2019 launch race:

29 China
19 Russia
12 SpaceX
7 Europe (Arianespace)
6 Rocket Lab

China now leads the U.S. 29 to 25 in the national rankings.

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Inmarsat bought out and delisted from stock exchange

9:07 am

Capitalism in space: The long established communications satellite company Inmarsat has been bought out by a consortium called Connect Bidco and delisted from stock exchange.

Nor is Inmarsat alone:

Inmarsat is the third satellite operator to delist from public markets this year, following Hong Kong-based AsiaSat and London-based Avanti in September.

Inmarsat reported a loss of $89.1 million on $1.06 billion in revenue for the first nine months of the year. The company claimed $36.1 million in profits on $327.3 million in revenue for the months of July, August and September — it’s last public quarter before the buyout.

This story and the quote above explain what is happening. Established satellite companies, that traditionally have built big geosynchronous satellites, are having increased trouble making money as the industry shifts to smaller satellite and constellations in low Earth orbit.

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Successful Russia and Rocket Lab launches

8:52 am

Two launches successfully took place in the early morning hours today. First Rocket Lab launched seven small satellites into orbit, including one that will release an artificial meteor shower. During that launch they also obtained telemetry of their first stage as it fell to Earth.

Rocket Lab CEO Peter Beck just tweeted that the Electron’s first stage performed well during today’s re-entry experiment. “Electron made it through wall! Solid telemetry all the way to sea level with a healthy stage. A massive step for recovery!!” Beck tweeted.

Russia in turn launched a Progress cargo capsule to ISS.

The leaders in the 2019 launch race:

27 China
19 Russia
12 SpaceX
7 Europe (Arianespace)
6 Rocket Lab

China now leads the U.S. 27 to 25 in the national rankings.

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Lloyd’s introduces new insurance policy for smallsats

10:57 am

Capitalism in space: The insurance company Lloyd’s today introduced a new insurance policy expressly designed for the emerging smallsat launch industry.

The solution – called “Llift Space” – is only available in the Lloyd’s market and allows customers to cover their assets from the pre-launch phase, including transit and placement on the launch vehicle, through to the launch phase and in-orbit operation. It is designed for satellites that weigh less than 300 kilograms (661.4 pounds).

The policy is modular so customers can choose the elements within each phase that are most relevant to their coverage needs.

The product is backed by a consortium of 18 syndicates, led by Brit and Hiscox MGA, with $25 million capacity per risk, and is targeted at the NewSpace sector.

NewSpace is characterized by lower cost, easier routes to space, opening up the sector to private enterprise, wealthy entrepreneurs and innovative start-ups. This is increasing the need for space insurance.

This action is a strong endorsement by the investment business in the future of the new smallsat launch industry.

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SpaceX targets December for launch abort test, early 2020 for 1st manned Dragon mission

10:22 am

According to SpaceX officials, the company is aiming to perform its Dragon launch abort test before the end of this month, and then follow-up with the first manned Dragon mission to ISS in early 2020.

“We’re targeting December,” said [Jessica Jensen, director of Dragon Mission Management at SpaceX] today (Dec. 3) during a news conference discussing tomorrow’s (Dec. 4) planned launch of a robotic Dragon cargo mission to the International Space Station (ISS). “We’ll see if we can get there.”

SpaceX holds a multibillion-dollar NASA contract to ferry astronauts to and from the ISS using Crew Dragon and the Falcon 9. The capsule has already visited the orbiting lab once, on the landmark uncrewed Demo-1 mission this past March. If everything goes well with the [launch abort test], the company will be cleared for the first crewed mission — a test flight known as Demo-2 that will carry NASA astronauts Doug Hurley and Bob Behnken.

Demo-2 is targeted for early 2020, SpaceX founder and CEO Elon Musk has said. Contracted, operational ISS flights would follow shortly thereafter.

NASA officials have repeatedly said that early 2020 is too soon because of the paperwork that SpaceX has to complete prior to launch. It could be that Musk is gently applying pressure on them here to speed up this make-work so that the real business of spaceflight can proceed.

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SpaceX to test upper stage endurance as part of Dragon launch

12:52 pm

Capitalism in space: SpaceX plans to perform a six hour orbital coast test of its Falcon 9 upper stage following the release of the Dragon cargo capsule tomorrow (scrubbed today due to high winds).

This is why the first stage will land on a drone ship rather than at Kennedy.

According to SpaceX the test is at the request of “other customers”, unnamed. The article adds this speculation:

Jensen says that the coast test will be performed for unspecified “other” customers, presumably referring to the US Air Force (USAF) and other commercial customers interested in direct-to-geostationary (GEO) launch services. Direct GEO launches require rocket upper stages to perform extremely long coasts in orbit, all while fighting the hostile vacuum environment’s temperature swings and radiation belts and attempting to prevent cryogenic propellant from boiling off or freezing solid. In simple terms, it’s incredibly difficult to build a reliable, high-performance upper stage capable of remaining fully functional after 6-12+ hours in orbit.

Although SpaceX said that the test was for “other” customers, that may well have been a cryptic way to avoid indicating that one such customer might be NASA itself. NASA is in the midst of a political battle for the Europa Clipper spacecraft’s launch contract, which is currently legally obligated to launch on NASA’s SLS rocket. Said rocket will likely cost on the order of >$2 billion per launch, meaning that simply using Falcon Heavy or Delta IV Heavy could save no less than ~$1.5 billion. Incredibly, that means that simply using a commercial launch vehicle could save NASA enough money to fund an entire Curiosity-sized Mars rover or even a majority of the cost of building a dedicated Europa lander. Such a launch would demand every ounce of Falcon Heavy’s performance, including a very long orbital coast.

These speculations could all be true. SpaceX might merely be doing what it always does, testing new engineering upgrades during operational missions. It will then be able to sell its rocket’s enhanced capability to all these customers.

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China to launch 30 times in 2020

12:35 pm

The new colonial movement: According to Chinese officials, China plans to launch 30 times in 2020, maintaining the same pace that they met in 2019.

Zhuang Jingguo, chief engineer of the China Aerospace Science and Technology Corporation (CASC), the country’s man space contractor, told media at the Fifth China International Commercial Aerospace Forum late last month that the state-owned enterprise will launch around 30 rockets next year.

This number is expected to include missions to Mars, the moon, test flights of new launch vehicles, and the completion of the Beidou navigation system. Commercial launch companies will further add to Chinese launch activities.

The article also provides a good overall summary of China’s present space effort, which is extensive and growing.

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Chang’e-4 and Yutu-2 complete 12th lunar day

12:17 pm

Chinese engineers have put both Chang’e-4 and Yutu-2 into dormant mode after completed their twelve lunar day on the far side of the Moon.

The article from the Chinese state-run press provides very little information, other than telling us that Yutu-2 traveled 345 meters, written in a way to imply that was the distance the rover traveled in this last lunar day. I think that is wrong, however. Based on the distances traversed during previous lunar days, and that the rover had traveled a total of 290 meters at the end of its tenth lunar day, I think this new number is the total distance traveled.

The article also does not say what the consequences will be for these two spacecraft now that the priority of their communications relay has shifted from communications to being a radio telescope.

It could be that the consequences will be minor, considering that both spacecraft are in sleep mode during the lunar nights and for high noon of the lunar day. During those periods the relay satellite could be devoted full time to radio astronomy and have no impact on the lander and rover.

Unfortunately China has not said.

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A home-made plane

6:04 pm

An evening pause: Another example of someone who decides he wants to do something, and then goes out and does it. This STOL (short take-off and landing) home-built plane, dubbed Draco, was apparently a big hit in the small plane community. Sadly, in September the plane was totaled (no injuries) during a take-off with strong cross winds (video here).

Hat tip Cotour.

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Long March-8 2nd stage engine passes engine test

8:31 am

The new colonial movement: The second stage engine for China’s new Long March-8 rocket has successfully passed its engine tests.

Developed by the CASC [China Aerospace Science and Technology Corporation, China’s equivalent to NASA], the Long March-8 rocket is a new type of rocket that uses module design and can be prepared in a short time, making it competitive for commercial launch.

The first stage of the Long March-8 rocket is similar to that of the Long March-7 rocket and the second stage rocket is similar to the third stage of the Long March-3A rocket. It has a payload capacity of 5 tonnes to sun-synchronous orbit and 2.8 tonnes to geostationary transfer orbit.

This payload capacity is about a fourth that of the Falcon 9, but because the weight and size of satellites is shrinking, that smaller capacity might actually be an advantage. There is less need for the larger rockets in the commercial unmanned satellite industry, so for China to build a new smaller rocket that can be launched for less, even though it is not reusable, gives them a route for competing with SpaceX’s reuseability.

They hope to launch 10 to 20 times per year, beginning next year.

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