Tag: competition

Rocket Lab about to go public

9:07 am

Capitalism in space: According to news reports today, the smallsat rocket company Rocket Lab is about to sign a deal that will make it a publicly traded stock in a merger with a venture capital company.

The Wall Street Journal reported today talks between the company and Vector Acquisitions Corp were nearing completion and could be finalised with 24 hours, and was expected to see Rocket Lab raise another $650 million in cash from other private investors.

Vector is a special-purpose acquisition company, a vehicle that recruits investors and lists before pursuing a business to buy. Vector, backed by tech private equity firm Vector Capital, raised $400m on launch in September.

Rocket Lab is one of a cluster of spaceflight operators jostling for global market share in the smaller-launch market, where the focus is on achieving reliable delivery of small cargoes to lower earth orbits. Any listing would catapult Rocket Lab – whose Mahia spaceport has delivered nearly 100 satellites into orbit – into the top rank of New Zealand companies, and represents a huge blow for the local NZX. With a valuation of $5.7b, it would have ranked as one the 10 largest companies on the national exchange.

According to Rocket Lab, it is not a New Zealand company but based in the U.S., despite the bulk of its operations being in New Zealand.

I will not be surprised it Rocket Lab’s stock price quickly rises once available for purchase. Unlike Virgin Galactic, this is a real company with a real product producing real profits. It is also very well placed to garner a healthy share in the emerging launch market of smallsats that is now arriving on the scene. The company is about to initiate launches from its second launchpad at Wallops Island in the U.S., which will also allow it to finally accelerate its launch pace to the promised twice a month pace it has been promising for the last two years.

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India & Russia successfully launch satellites

11:04 pm

Both India and Russia today successfully launched satellites into orbit.

For India it was their first launch in 2021. Their PSLV rocket put into orbit a Brazillian satellite for studying Earth resources. The launch also included 18 other cubesats.

Russia in turn used its Soyuz-2 rocket to launch a new generation weather satellite for studying that country’s remote Arctic regions.

SpaceX had also planned another Starlink launch but aborted the countdown with just over a minute to go. They plan to try again tomorrow.

The 2021 launch race:

5 SpaceX
4 China
3 Russia
1 Rocket Lab
1 Virgin Orbit
1 Northrop Grumman
1 India

The U.S. still leads China 8 to 4 in the national rankings.

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Astra wins three-launch contract from NASA

8:59 am

Capitalism in space: Astra, which as yet not achieved its first orbital launch, has won a three-launch contract from NASA valued at just under $8 million.

Astra, the Alameda-based space launch startup that recently announced its intent to go public via a SPAC merger, has secured a contract to deliver six cube satellites to space on behalf of NASA. Astra stands to be paid $7.95 million by the agency for fulfilment of the contract. This will be a key test of Astra’s responsive rocket capabilities, with a planned three-launch mission profile spanning up to four months, currently targeting sometime between January 8 and July 31 of 2022.

There is no word on when the first flight of its rocket, dubbed Rocket, will occur. The company has completed two test launches, with the second nearly making orbit.

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Virgin Galactic delays its next suborbital flight again

9:04 am

Capitalism in space: Virgin Galactic announced yesterday that it is now delaying the next manned flight of its suborbital Unity spaceship in order to address what appear to be still unresolved technical problems that almost caused the last manned flight to crash.

In an earnings call Feb. 25 timed to the release of its fourth quarter and full year 2020 financial results, company executives blamed an aborted test flight of SpaceShipTwo Dec. 12 on electromagnetic interference (EMI) that caused a flight computer to reboot just as the vehicle ignited its hybrid rocket engine. The vehicle glided to a safe landing at Spaceport America in New Mexico.

Mike Moses, president of Virgin Galactic, said a new flight control computer system is the likely source of increased levels of EMI. The company took steps to shield components from that interference to avoid a similar reboot and prepared to make a powered test flight as soon as Feb. 13. But in the final days of preparations, technicians noted continued EMI issues with vehicle systems.

The flight they had hoped to do this month has now been pushed back to May. They have also announced that then devote the rest of this year doing more test flights and will hold off any tourist flights until ’22.

Michael Colglazier, chief executive of Virgin Galactic, said the company is sticking to the flight test program it announced last fall. The May flight will be followed by two more: one with two pilots and a “full cabin” of company employees to test the passenger cabin of the vehicle, followed by one with company founder Richard Branson on board. Colglazier said the company isn’t yet announcing specific dates for those flights, but expects both to take place this summer.

That will be followed by a flight for the Italian Air Force, confirming an agreement signed in October 2019. That flight will carry a set of research payloads and three Italian payload specialists, and generate revenue for the company. Colglazier said that flight would likely take place in late summer or early fall and generate revenue for the company, “and will conclude our product test program.”

The company also claims that its second SpaceShipTwo spacecraft will begin testing this summer.

We shall see. The track record of this company has been abysmal, and its been that way for almost two decades of non-achievement.

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Relativity touts next generation rocket before its first generation rocket has even launched

8:55 am

Capitalism in space: In an interview with CNBC the CEO of Relativity Space, Tim Ellis, pushed his company’s plans to develop a completely reusable rocket, dubbed the Terran-R, even though they have as yet completed even one test launch of their first rocket, the Terran-1.

Called Terran R, the reusable rocket is “really an obvious evolution” from the company’s Terran 1 rocket, Relativity CEO Tim Ellis told CNBC – the latter of which Relativity expects to launch for the first time later in 2021. “It’s the same architecture, the same propellant, the same factory, the same 3D printers, the same avionics and the same team,” Ellis said. “I’ve always been a huge fan of reusability. No matter how you look at it – even with 3D printing, and dropping the cost, and [increasing the] automation of a launch vehicle – making it reusable has got to be part of that future,” Ellis added.

Terran R is the first of several new initiatives that Ellis expects Relativity to unveil in the year ahead, with the company having raised more than $680 million since its founding five years ago. Just like Terran 1, Relativity will build Terran R with more than 90% of the parts through additive manufacturing – utilizing the world’s largest 3D printers as what Ellis calls “the factory of the future.”

Relativity, valued at $2.3 billion, ranks as one of the most valuable private space companies in the world. Its investors include Tiger Global Management, Fidelity, Baillie Gifford, Mark Cuban and more.

All well and good, but maybe before Ellis brags about his next generation rocket he might be better served to focus on getting that first rocket successfully off the ground later this year. It is a good thing his company is thinking of making its rockets reusable, but right now he is overselling while under-performing, a very bad sales technique. Better to do what Scotty of Star Trek did routinely, undersell while over-performing.
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Starship #10 completes another static fire test after quick engine swap

4:44 pm

Starship #10 at 2nd static fire test
Screen capture from LabPadre live stream.

Capitalism in space: In what to me appears a remarkable tour de force, SpaceX today completed the second dress rehearsal countdown and static fire test of its tenth Starship prototype.

What made this a tour de force is that the previous test, only two days before, had found issues with one of the prototype’s three Raptor engines. In less than two days, SpaceX engineers were able to replace that engine and fire up the rocket again.

Compare that to the operations of Boeing and NASA in trying to do a single static fire test of SLS’s core stage. Preparations for the first test took months, and when this had an issue it is now going to take at least a month (if not more) before they can attempt a second test.

If today’s Starship static fire test came up clean with no problems, a test flight to about 30 to 40,000 feet could come as early as tomorrow.

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First launch of Blue Origin’s orbital rocket delayed to ’22

3:48 pm

Capitalism in space: In what had increasingly appeared likely in recent months, Blue Origin today announced that it is delaying the first launch of its orbital New Glenn rocket from late this year to sometime in ’22.

Blue Origin noted that the updated timeline follows the U.S. Space Force to stop its support for the New Glenn development effort as part of its procurement program for national security launches. That support, which could have added up to $500 million, was closed out at the end of last year.

The Space Force ended up choosing United Launch Alliance and SpaceX for the next round of national security launches. Jarrett Jones, Blue Origin’s senior vice president for New Glenn, told Space News that losing out on that round of launch contracts represented a $3 billion hit to anticipated revenue, and forced the company to “re-baseline” its development plans.

Personally I think this excuse is absurd. Jeff Bezos has been investing about $1 billion per year in Blue Origin. Moreover, in its announcement the company claimed it has invested $2.5 billion of that money in developing New Glenn. This is almost as much as SpaceX has raised to build Starship/Super Heavy, which is in development and in only about two years has already produced multiple prototypes and two test flights. Moreover, SpaceX developed Falcon Heavy for about a half billion dollars, and did it in less than seven years.

New Glenn has been in development for more than four years, and we have yet to even see it assembled in any form at all. The loss of that government military contract should have made no difference if Jeff Bezos and Blue Origin were really serious about building this rocket. He has given the company more than enough investment capital to get it done. They have just not delivered so far.

If I was Bezos, I would be taking a very hard look at the management at Blue Origin, with the intent to make some significant changes.

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China commits to building its own SLS

9:16 am

The new colonial movement: China yesterday officially announced that it has approved construction of a heavy-lift rocket, dubbed Long March 9, that would by 2030 be able to put 140 tons into orbit.

The rocket is planned to have a lift capacity of 140 metric tons, with the capability of sending 50 or more tons into lunar orbit. It would be an immense vehicle, with a 10-meter diameter core and 5-meter side boosters. China would also like to eventually make the rocket, or at least part of it, reusable.

China is also developing another large rocket more comparable to the Falcon Heavy, though this other rocket has no name and information about it is more scarce.

Both projects indicate the long term commitment of the Chinese government to its space program. They also indicate that the present-day international competition to get into space is fueling far more development than the last forty years of international cooperation.

Whether these giant government rockets from China will be practical and efficient is an unanswered question. Just building something to compete is not the same thing as actually competing. The rockets have to be affordable, with the ability to launch frequently to make in-space exploration possible. If not, they will nothing more than big photo ops for incompetent politicians, kind of like SLS is for the U.S.

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India officially delays both its manned mission and next lunar lander

9:47 am

The new colonial movement: India has now officially delayed the launch of both its manned mission Gaganyaan as well as its next lunar lander/rover Chandrayaan-3.

They hope to launch an unmanned test Gaganyaan mission before the end of this year, but the manned mission will not occur until after a second unmanned mission scheduled very tentatively in the 2022-2023 time frame.

As for Chandrayaan-3, they had initially hoped to launch it last fall, but they panic over the coronavirus that shut down their entire space industry for a years has now apparently pushed that launch back ’22, a delay of more than a year.

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Tianwen-1 enters parking orbit around Mars

9:37 am

The new colonial movement: According to the Chinese state-run press, the Tianwen-1 orbiter has entered the parking orbit around Mars that it will use for the next three months to conduct reconnaissance of its lander/rover’s landing site.

At 6:29 a.m. (Beijing Time), Tianwen-1 entered the parking orbit, with its closest point to the planet at 280 km and the farthest point at 59,000 km. It will take Tianwen-1 about two Martian days to complete a circle (a Martian day is approximately 40 minutes longer than a day on Earth), the CNSA said.

Tianwen-1, including an orbiter, a lander and a rover, will run in the orbit for about three months.

The CNSA added that payloads on the orbiter will all be switched on for scientific exploration. The medium-resolution camera, high-resolution camera and spectrometer will carry out a detailed investigation on the topography and dusty weather of the pre-selected landing area in preparation for a landing.

China has also begun prepping the rocket that will launch Tianhe, the first module in its space station, sometime this spring. A total of eleven launches are planned over the next two years to assemble the station.

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Starship #10 completes launch dress rehearsal & static fire test

9:18 pm

Starship #10 at static fire test
Screen capture from LabPadre live stream.

Capitalism in space: Starship #10 today successfully completed a launch dress rehearsal and static fire test in preparation for a planned 30 to 40 thousand foot test flight, possibly as soon as February 25th.

The Starship SN10 (“Serial No. 10”) vehicle performed its first “static fire” test on Tuesday (Feb. 23), lighting up its three Raptor engines for a few seconds at 6:03 p.m. EST (2303 GMT) at SpaceX’s South Texas site, near the Gulf Coast settlement of Boca Chica Village.

Static fires, in which engines briefly ignite while a rocket stays anchored to the ground, are a common preflight checkout for SpaceX. If all went well with today’s test, SN10 remains on track to launch soon — perhaps as early as Thursday (Feb. 25) — on a 6-mile-high (10 kilometers) demonstration flight into the South Texas skies.

I personally think it would be quite ironic if this Starship flies on the same day the second SLS static fire test had been originally scheduled but postponed. The contrast between the two development programs continues to be stark and astonishing. While one program has been flying test articles repeatedly as well as doing numerous engine and tank tests, the other has had trouble getting one static fire test completed without a hitch.

UPDATE: Apparently they have decided to swap out one Raptor engine based on the results of the static fire test, and thus will not do a flight tomorrow.

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Rumors: Biden considering former Senator Bill Nelson for NASA administrator

9:53 am

According to leaks to the press yesterday, the Biden administration is considering hiring former Florida senator Bill Nelson to become NASA’s administrator.

That the DC rumor mill is abuzz with this story suggests that the White House is putting out a trial balloon to see the reaction to such a choice. At first glance Nelson appears a good pick. Before he was defeated in his last election by Republican Rick Scott (R-Florida), he had been one of Congress’s biggest advocates for space exploration and NASA. He had even flown as an astronaut on the shuttle back in 1986, just weeks before Challenger broke up during launch.

However, there are several issues that would make this a very poor choice. First, Nelson’s advocacy for NASA was centered on funding big space, not private enterprise. Nelson was one of those legislators who mandated the construction of SLS, and resisted for years NASA’s new commercial space effort.

Second, Nelson’s last years in Congress revealed that he had lost touch with some of the basic concepts of freedom and property rights that founded the United States. For example, he was one of a group of bi-partisan senators that in 2018 proposed a law that would have denied Americans their second, fifth, sixth, and seventh amendment rights by proactively forbidding them the right to buy firearms merely because a Washington bureaucrat decided to put them on a no-fly list. The law was a mindless emotional response to a terrible school shooting that killed a lot of children, and its proposal illustrated that its sponsors were no longer thinking, but emoting blindly.

That Nelson joined in and was willing to give the government so much power does not make him the best choice to lead NASA as it tries to become just another customer being served by an independent robust and free market of space companies.

Finally, and maybe most important, Nelson is 78 years old. In his last years in office he showed his age. I watched him struggle as both a speaker and legislator during hearings in 2017. His enthusiasm for space was unchecked, but his sharpness was gone.

If chosen to run NASA he will make a good bookend for his president, who has also shown clear signs of failing mental health. Under such weak leadership, it will be the bureaucracy that will rule, and the track record of NASA’s bureaucracy has not been good. It resisted for decades ceding power to the private sector, wanting instead to maintain control over all rocket and spacecraft development, including what those rockets and spacecraft would do. Only in the past decade has that power been wrested from its grasp.

Given power again I expect it to use that power to return to its old ways and squelch the emerging free and competitive aerospace market. This will not be good for either the exploration of space, or for America itself.

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SpaceX delays all launches while it investigates failed booster landing

9:22 am

Capitalism in space: In order to investigate the failure of the first stage to land successfully during the last Starlink satellite launch on February 15th, SpaceX has paused all further launches, with an expected delay overall of one to two weeks before launches resume.

Analysis by Scott Manley suggests during the re-entry burn (as the 1st stage re-entered the atmosphere) one of the engines had issues, causing the booster to break-up shortly before it hit the ocean.

When SpaceX was first attempting to land its first stages, the boosters would routinely crash, and the company would not slow its launch schedule because the boosters had still functioned as expected during launch. Nor was anyone disturbed by those failures nor did anyone expect SpaceX to pause further launches.

Things are different now. We have a high expectation that a Falcon 9 engine will relight and work every time, all the way back to its landing pad. Any failure later in the flight, even if the rocket got the payload into orbit, raises questions that must be answered. Hence the delay in further launches.

Overall, this higher expectation of success is a good thing. It says that we now expect rockets to be able to land successfully. And getting this problem fixed will only increase the chances that they will do so more reliably in the future.

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Firefly gets another launch contract

9:10 am

Capitalism in space: Firefly Aerospace, which hopes to do the first launch of its new Alpha rocket sometime this spring, has won another launch contract, this time with General Atomics to put an Earth science satellite in orbit in ’22.

The other contracts:

In December, the company won a NASA Venture Class Launch Services launch contract valued at $9.8 million to launch two sets of cubesats into polar orbits. It won a $93.3 million contract from NASA’s Commercial Lunar Payload Services program Feb. 4 for the 2023 launch of the company’s Blue Ghost lander carrying NASA payloads. That lander will be launched on another company’s rocket rather than Alpha.

Like all new rockets, the first launch will be highly risky. If successful however it will add one more launch company to the smallsat market, and encourage a further drop in the cost of getting such smallsats into orbit.

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Second passenger chosen for private manned SpaceX mission

11:37 pm

Capitalism in space: Jared Isaacman, who has purchased an entire Dragon/Falcon 9 flight for the first private commercial manned mission scheduled for later this year, has picked the flight’s second passenger.

The second member of a four-person crew for what’s likely to be the first privately funded orbital space tour has been identified: She’s Hayley Arceneaux, a 29-year-old physician assistant who works at St. Jude Children’s Research Hospital in Memphis, Tenn. — and was successfully treated for bone cancer at St. Jude almost two decades ago.

Arceneaux was invited to be part of the Inspiration4 mission weeks ago by its commander and principal funder, Shift4 Payments CEO and founder Jared Isaacman — but her identity was kept secret until today.

This choice fits Isaacman’s main goal, which is to use the publicity of the flight in raise money for St. Jude’s. So far almost $10 million has been raised.

Two more passengers need to be chosen. One will be picked from a lottery of people who donate to St. Jude’s, with the second being an entrepreneur picked by a panel of judges. The deadline to enter both slots closes on February 28th.

As for the flight itself, it will spend two to four days in orbit.

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NASA postpones second SLS static fire test

10:52 pm

NASA today announced that it was postponing the second SLS static fire test of the rocket’s core stage due to a valve issue in its main engines.

NASA said it was postponing the Green Run static-fire test, which had been scheduled for Feb. 25, after discovering a problem with one of eight valves called “prevalves” associated with the stage’s four RS-25 main engines. The valve, which supplies liquid oxygen, was “not working properly,” NASA said in a statement, but didn’t elaborate on the problem.

Engineers identified the problem during preparations over the weekend for the test. NASA said it will work with Boeing, the prime contractor for the core stage, to “identify a path forward in the days ahead and reschedule the hot fire test” but did not set a new date for the test.

This was not the first time Boeing and NASA has had valve problems with the rocket, though this problem appears unrelated to the previous issue.

Either way, the continuing technical problems — such as the two previous aborts during testing — does not build confidence in the rocket. First, the schedule is very tight, and is getting tighter. Its first unmanned test flight was supposed to happen by the end of this year, and right now that looks very unlikely. Yet, it must happen within the next twelve months because they have begun stacking the strap-on solid rocket boosters, and those have a sell-by date.

More important, these issues raise big red flags as to the overall trustworthiness of the rocket. I certainly would not want to fly on it, at least not until I see it fly at least a half dozen times successfully. The problems however suggest that achieving such a track record is going to be quite difficult.

And if SLS has any major failures during any launch, be prepared for Congress’s support to finally collapse, especially with the on-going spectacular progress being achieved by SpaceX with Starship along with two Falcon Heavy launches planned for this year.

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Update on Starship: Flight of prototype #10 possible this week

8:53 am

Link here. Lots of stuff going on, with Starship prototypes 15 through 19 being assembled and waiting n the wings. Crews have also repaved and expanded the landing pad at Boca Chica, and begun assembling the first Super Heavy prototype.

The most significant tidbit to me was this:

One section inside a production tent appears to be undergoing preparations to cover the entire windward side in [thermal patches].

This unnamed section could indicate a vehicle that will be taken to an altitude that would test its heat shield under re-entry conditions. Current [thermal] patches are mostly being tested to see how they perform during the stresses of cryogenic propellant loading and launch and landing vibrations.

It is not known yet to which prototype this section belongs to, but that it is being prepared means that SpaceX is moving relentless towards that first orbital flight.

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Roscosmos head: Russia to launch 29 rockets in ’21

5:10 pm

Dmitry Rogozin, the head of Russia’s space agency Roscosmos, announced yesterday that they expect to complete 29 launches in 2021.

These numbers include all Russia’s launches, including the ones done for Arianespace in French Guiana. In my regular launch updates I don’t count those as Russian launches, as they are run and controlled by Arianespace, under Arianespace contracts.

Nonetheless, there should be an increase in the number of Russian launches in ’21, as they should resume OneWeb launches that were halted last year due to that company going into bankruptcy and then recovering. That bankruptcy meant that Russia’s total launches last year were less than half what they predicted.

The increase in ’21 does not mean Russia will successfully complete 29 launches. Rogozin and Roscosmos have for years routinely overstated their goals, and I think they are doing so again. I expect Russia to complete around 20-25 launches by the end of the year. If they top 25 it would make ’21 their best year since ’15.

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