Maxar sale closes and company goes private

With the purchase today for $6.4 billion of the satellite company Maxar by two private investment firms, its stock was removed from the NY stock exchange and is no longer traded publicly.

The company was acquired for $53 per share by the U.S. private equity firm Advent International and minority investor British Columbia Investment Management Corp. in a deal announced in December. “With the closing of the transaction, Maxar will remain a U.S.-controlled, owned and operated company,” the company said. Maxar’s common stock will also be delisted from the Toronto Stock Exchange.

Maxar started trading on the New York Stock Exchange and the Toronto Stock Exchange in 2017. It officially became a U.S. corporation in 2020 when the company spun off the Canadian subsidiary MDA.

The desire of these private investors to spend so much strongly indicates that Maxar has real value. It also indicates indirectly the strength of the emerging new commercial launch market. These investors clearly believe that this launch market will continue to grow and force the launch price of its satellites to go down.

1 comment

SpaceX launches 56 Starlink satellites into orbit

Using its Falcon 9 rocket, SpaceX tonight successfully placed 56 Starlink satellites into orbit, lifting off from Cape Canaveral.

The first stage completed its seventh flight, landing safely on a drone ship in the Atlantic. The two fairing halves completed their eighth and ninth flights, respectively.

The leaders in the 2023 launch race:

29 SpaceX
16 China
6 Russia
3 Rocket Lab
3 India

American private enterprise now leads China 32 to 16 in the national rankings, and the entire world combined 32 to 28. SpaceX now trails the rest of the world, including American companies, 29 to 31.

5 comments

Irish startup lobbies for Irish spaceport

According to an official from the startup SUAS Aerospace, Ireland is an ideal location for the creation of a new spaceport.

Mr O’Halloran, who is now vice chairman of Irish space company SUAS Aerospace, said space vehicles could be launched from Ireland for telecommunications, environmental monitoring, or medical experiments.

…He later told the Irish Examiner: “There are loads of companies in Europe that need to have a facility of a launch pad, or a spaceport, and by and large they are all heading towards the Azores. The UK is now starting to set up spaceports, but they are now outside the EU. Ireland is ideal as a launching site.”

This Irish company’s focus, according to its website, is “…to build a leading European Space Port providing flexible commercial satellite launch facilities with provision for engine and rocket testing.” And it wants to do it in Ireland. O’Halloran’s speech was an effort to gin up both private and government support for the project, including a commitment of the Irish government to provide it the land it needs for such a site.

There are already three spaceports under development within the EU, in Spain, Norway, and Sweden, all of which at the moment are for suborbital rockets exclusively. Ireland’s location could make it a better choice for orbital launches, as it has many more options for flight paths over the Atlantic without crossing land.

2 comments

Suborbital rocket explodes four seconds after launch in New Mexico

An UP Aerospace suborbital rocket exploded yesterday only four seconds after launch in New Mexico, destroying a number of private and NASA science and commercial payloads.

An UP Aerospace rocket, 20 feet tall and carrying a NASA payload, exploded moments after liftoff today. The unfortunate event not only affected the NASA TechRise Student Challenge payloads but also delayed a poignant tribute to the late NASA astronaut, Phillip K. Chapman, and chemist Louise Ann O’Deen.

The rocket was set to launch the cremated remains of Chapman, NASA’s first Australian-born American astronaut, finally granting him his long-awaited journey to space.

Chapman and O’Deen’s remains were payloads from the commercial company Celestis. The thirteen NASA payloads were part of its TechRise Student Challenge program for 6th to 12th grade students.

0 comments

Environmentalists sue FAA, demanding it shut down Boca Chica and Starship

Starship/Superheavy at T+4:02, just after the self-destruct command was issued
Starship/Superheavy at T+4:02, just after the self-destruct command
was issued on April 20, 2023. It also appears to be the fate of SpaceX’s
entire Boca Chica operation, if the environmental radicals get their way.

A group of environmental groups as well as a non-profit corporation calling itself the Carrizo/Comecrudo Nation of Texas, Inc, today filed a lawsuit against the Federal Aviation Administration FAA), demanding it shut down SpaceX’s Boca Chica facility and block all further Superheavy/Starship launches.

You can read the lawsuit here [pdf]. Its essence is contained in these two paragraphs:

The area surrounding the SpaceX facility at Boca Chica is a biologically diverse and essential habitat area for many species, including federally protected wildlife and animals that are considered sacred to the Carrizo/Comecrudo People, such as the critically endangered ocelot. The SpaceX facility is smack in the middle of publicly owned conservation, park, and recreation lands, including a National Wildlife Refuge, two State Parks, a State Wildlife Management Area, and a State Coastal Preserve. These lands are of extraordinary conservation value for a range of federally and state lists wildlife and other protected species such as migratory birds. Bird species from both the Central and Mississippi flyways converge there, making it an essential wintering and stopover area for migratory birds as they move north and south each year.

SpaceX activities authorized in the FONSI/ROD [the environmental reassessment issued last year] have and will adversely affect the surrounding wildlife habitat and communities. In addition to harm from construction activities and increased vehicle traffic, rocket launches result in intense heat, noise, and light pollution. Furthermore, the rocket launches and testing result in explosions which spread debris across surrounding habitat and cause brush/forest fires — including one that recently burned 68 acres of adjacent National Wildlife Refuge. The FAA calls these explosions “anomalies,” but in fact they occur frequently, with at least 8 over the past 5 years. FAA acknowledged that many more such “anomalies” are expected over the next 5 years. The U.S. Fish and Wildlife Service has found that prior SpaceX rocket explosions harmed protected wildlife and designated habitat in violation of the Endangered Species Act (ESA).

In other words, rockets and launch sites should never be placed inside wildlife refuges, because such activity is detrimental to wildlife.

A more false statement cannot be made. Under this conclusion the launch facilities at Cape Canaveral, which have been operating in the middle of a wildlife refuge now for more than six decades, should be shut down immediately. All the wildlife there must certainly be dead!
» Read more

10 comments

Viasat drops launch contract with Ariane-6

With SpaceX’s Falcon Heavy having just completed the first of three launches for Viasat’s new geosynchronous constellation of communication satellites, the satellite company has announced that it is cancelling its launch contract with Ariane-6 for the third launch.

The decision means the launch contract is up for grabs for the third ViaSat 3 internet satellite, the last of a three-satellite constellation Viasat is deploying to provide global broadband connectivity from space.

Viasat announced in 2018 it selected SpaceX, United Launch Alliance, and Arianespace to each launch one ViaSat 3 satellite, awarding launch contracts to three industry leaders.

The ULA launch, on its Atlas-5 rocket, is still scheduled for either late this year or early next.

The development of Ariane-6 however is years behind schedule. Furthermore, Arianespace has given priority on Ariane-6 to all of the ESA launches that formerly were going to be launched on Russian Soyuz rockets, further delaying Viasat’s launch.

For Viasat, the delays have become unacceptable, and it has now opened that third launch to bidding. Though both ULA’s Vulcan and Blue Origin’s New Glenn rockets could do the job, neither is operational either. It appears SpaceX’s Falcon Heavy is the only rocket available and is therefore almost certain to get the contract, a conclusion further confirmed by the timing of this announcement, just prior to that successful Falcon Heavy launch.

5 comments

SpaceX’s Falcon Heavy completes second launch in 2023

SpaceX today successfully placed a Viasat communications satellite into geosynchronous orbit using its Falcon Heavy rocket, completing its second launch in 2023. Also on board were two smallsats.

The company did not recover either side booster or the core stage in order to give the rocket the maximum lift to put Viasat’s satellite into its proper orbit. With this flight, the two side boosters had successfully completed eight and three missions during their lifespan.

The leaders in the 2023 launch race:

28 SpaceX
16 China
6 Russia
3 Rocket Lab
3 India

American private enterprise now leads China 31 to 16 in the national rankings, and the entire world combined 31 to 28. SpaceX by itself trails the entire world, including American companies, 28 to 31.

9 comments

Musk press conference on Starship/Superheavy launch

Yesterday Elon Musk held an hour-long audio press conference with a number of space reporters, broadcast over youtube. I have embedded that conference below, for those of my readers who wish to hear what Musk had to say, in his own words.

The key take-aways from Musk:

  • The launch was about what he expected
  • They will be ready to launch again in about two months
  • The debris “was really just basically sand and rock so it’s not toxic at all … it’s just like a sandstorm, essentially”
  • The biggest issue is making sure the flight termination system functions better.
  • The next flight will be a repeat, with the main goal getting to stage separation
  • He gives them an 80% chance of making orbit this year

When asked about obtaining the permit for that next flight, Musk side-stepped the question. It remains to my mind the largest obstacle for meeting his schedule.
» Read more

7 comments

SpaceX successfully launches Falcon 9 from Cape Canaveral

SpaceX today successfully used its Falcon 9 rocket to put a SES communications satellite into orbit.

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

The company also attempted to complete a second launch just a little more than three hours later from Cape Canaveral, but the countdown of the Falcon Heavy rocket aborted just 59 seconds prior to liftoff. No word on what happened, though the company has another launch window beginning around 7:30 pm Eastern time tomorrow. If successful it would be the second Falcon Heavy launch in 2023, using two side boosters flying their eighth and third flights respectively. Because of the fuel needs of the payload, neither the side boosters or the core stage will be recovered.

The leaders in the 2023 launch race:

27 SpaceX
16 China
6 Russia
3 Rocket Lab
3 India

American private enterprise now leads China 30 to 16 in the national rankings, and the entire world combined 30 to 28. SpaceX by itself trails the rest of the world, including other American companies, 27 to 31.

1 comment

Maxar’s Worldview-3 satellite snaps in-orbit pictures of Landsat-8 satellite

Landsat-8 as seen by Maxar's Worldview-3
Click for original short movie.

Using its high resolution imaging capability, mostly designed to do Earth observations, Maxar engineers took a series of pictures of NASA’s Landsat-8 satellites when the two satellites happened to pass reasonably close to each other. One of those pictures, a screen capture from the short movie that Maxar created, is to the right.

Maxar Technologies’ Worldview-3 satellite has delivered images of NASA’s Landsat 8 spacecraft from ranges of between 56 miles (91.4 kilometers) and 80 miles (129.9 km), showing clear details of the powerful Earth-observation satellite. A still image reveals the 29.5-by-1.3 foot (9 by 0.4 meters) solar array powering Landsat 8, as well as distinct science payloads on the satellite’s 9.8-foot-long (3 m) bus, or main body.

Both satellites are in similar, near-polar orbits, with Worldview-3 circling around 381 miles (613 km) above Earth, while Landsat has a higher altitude of 437 miles (703 km).

Though very cool, this image was taken by Maxar to sell the company’s capabilities to future customers. The military wants the ability to do surveillance of foreign satellites, while satellite companies often need to get such imagery of their satellites to assess their condition. Maxar has now proven it can provide this service to both.

0 comments

Big space Raytheon shifts gears to compete in the new space market

Capitalism in space: Raytheon, a traditional big space contractor focused mostly on winning military contracts, has decided to shifts gears from what has in recent years been a failed effort to compete for major contracts direct from the military and instead offer its capabilities to other commercial space companies.

This decision was fueled largely by the approach of the military’s Space Development Agency (SDA) to commercial contracts.

SDA’s approach to buying satellites from multiple prime contractors under fixed-price contracts is “revolutionizing space acquisitions,” [Raytheon official David Broadbent] said. The agency has been a “huge disrupter,” he said.

“Let’s call it what it is,” Broadbent added. “Raytheon and many of our traditional defense primes were constructed around sole source classified cost-plus businesses, and five to seven-year acquisition cycles.” Those markets no longer exist, he said. “So we’ve had to take a very hard look at ourselves … and drive to a far more efficient model of producing capabilities.”

In other words, Raytheon has recognized that the government golden goose of unlimited cost-plus contracts is gone, and that the company’s over-priced habits under those contracts made it difficult for it to compete against new startups designed to be efficient, low-cost, and quick on their feet.

By marketing its available products directly to other satellite and rocket companies, Raytheon can avoid the long contract competitions of the government, and make sales more effectively. As it does this it will also have time to restructure the company itself, trimming it down and making it more efficient so that it can better compete for government contracts at a later time.

Raytheon’s change is the result of the SDA essentially accepting many of the recommendations put forth in my 2017 policy paper, Capitalism in Space (a free pdf download). Rather than have the military the designer and builder of a few big and expensive satellites (also very vulnerable to attack), it is now the customer buying constellations of many small and cheap satellites from many private companies. Such smallsat constellations are much more difficult to disable by hostile powers.

3 comments

With the federal bureaucracy gleefully sharpening its knives to shut down Boca Chica, SpaceX should quickly shift Starship/Superheavy operations to Florida

Superheavy still going strong, shortly after Max-Q
Superheavy still going strong, shortly after Max-Q

The results of the spectacular test launch last week of SpaceX’s Superheavy/Starship heavy lift rocket was predictable in almost all ways.

First, everyone knew that it was highly unlikely that the launch would do everything intended. This was the first time ever that SpaceX had fired all 33 Raptor-2 engines at the base of Superheavy, at full power. It was the first time ever that this firing took place with Starship stacked on top. It was the first time ever that the entire stack was fueled. It was the first time ever that this rocket — the world’s most powerful (twice as powerful as the Saturn-5 and about three times more powerful than SLS) — had every launched.

The number of unknowns were gigantic, which was exactly why SpaceX needed to do the launch. The company’s engineers needed to find out what they didn’t know about Superheavy in order to refine their engineering so that Superheavy will be more likely for success in its next launch. They also needed to find out what such a launch would do to their preliminary launchpad, in order to refine its engineering as well so that future launches could take place with little or no damage.

Thus, it is not surprising that there were surprises. The most significant was the actual amount of success. Superheavy functioned far better than anyone could have dreamed, retaining flight control through max-q and then flying for almost three minutes before Starship failed to separate and the entire stack lost control and had to be destroyed. Most of its engines worked, though discovering the reasons for the handful that failed will be a prime question in the subsequent investigation.

The second unsurprising thing about this launch is the reaction of the federal bureaucracy, run by Democrats and the Biden administration. It has quickly moved in to squelch any further launches at Boca Chica, likely for a considerable time. The FAA immediately initiated its own investigation while grounding all further launches from Boca Chica. The Fish & Wildlife Service has now begun detailing, almost gleefully, the amount of ground damage the launch caused, including ripping out the concrete base below the rocket and flinging chunks of debris hundreds of feet away as well as depositing a cloud of sand dust on everything up to 6.5 miles from the launchpad.

This quote however is significant, and tells us the real truth:
» Read more

29 comments
1 227 228 229 230 231 784