NASDAQ gives two more space companies delisting warning

NASDAQ yesterday told the space companies Momentus and Spire they have six months to get their stock price over $1 or the stock exchange will delist each.

Small satellite builder and data specialist Spire Global received a notice from the New York Stock Exchange, while spacecraft delivery company Momentus received a notice from the Nasdaq. Under the respective exchanges’ compliance rules, the companies have 180 days, or about six months, to get their stock prices back above $1 a share.

Spire’s stock closed at 69 cents a share on Friday, having first slipped below $1 a share on Mar. 7. Momentus’ stock closed at 63 cents a share, slipping below $1 a share on Feb. 7.

Both companies now join Astra under the same threat. Both also have indicated they will consider a reverse-stock split, combining stocks to reduce the total number in order to bring the price above one dollar.

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India launches 36 OneWeb satellites

India’s space agency ISRO tonight successfully launched 36 OneWeb satellites using its LVM-M3 rocket, the largest version of its GSLV family of rockets.

This launch completes OneWeb’s constellation, with 618 satellites now in orbit, allowing them to now offer internet access worldwide in competition with Starlink. After Russia broke its contract and confiscated 36 OneWeb satellites, the company contracted SpaceX and ISRO to launch the satellites necessary to complete the constellation, with SpaceX doing three launches and ISRO two.

This was India’s second launch in 2023. The leaders in the 2023 launch race remain the same:

20 SpaceX
11 China
5 Russia
3 Rocket Lab

American private enterprise still leads China 23 to 11 in the national rankings, and the entire world combined 23 to 19. SpaceX by itself now trails the entire world, including other American companies, 20 to 22.

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Blue Origin releases results of investigation into New Shepard flight failure

Blue Origin today released by email its results of its investigation into the New Shepard flight failure that occurred in September 2022, when the launch abort system activated soon after launch and released the capsule early so that it could return safely to Earth.

[T]he MIT [investigation team] determined the direct cause of the mishap to be a structural fatigue failure of the BE-3PM engine nozzle during powered flight. The structural fatigue was caused by operational temperatures that exceeded the expected and analyzed values of the nozzle material. Testing of the BE-3PM engine began immediately following the mishap and established that the flight configuration of the nozzle operated at hotter temperatures than previous design configurations. Forensic evaluation of the recovered nozzle fragments also showed clear evidence of thermal damage and hot streaks resulting from increased operating temperatures. The fatigue location on the flight nozzle is aligned with a persistent hot streak identified during the investigation.

The MIT determined that design changes made to the engine’s boundary layer cooling system accounted for an increase in nozzle heating and explained the hot streaks present. Blue Origin is implementing corrective actions, including design changes to the combustion chamber and operating parameters, which have reduced engine nozzle bulk and hot-streak temperatures. Additional design changes to the nozzle have improved structural performance under thermal and dynamic loads.

In other words, the company had made some design changes to the engine prior to launch, and these caused the hot spots that destroyed the nozzle.

The company’s email says it is fixing this issue and plans to launch “soon”, but issued no date.

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Sierra Space pops another inflatable test space station module

Proposed Orbital Reef space station
Proposed Orbital Reef space station

Sierra Space announced yesterday that it had successfully completed its fourth test to failure of a one-third scale prototype inflatable space station module, dubbed LIFE, with work on the full scale module expected to begin next year and leading to the launch of its private commercial space station sometime later this decade.

In February, Sierra Space performed a month-long Accelerated Systematic Creep (ASC) test on LIFE – the first milestone in its 2023 testing campaign. Engineers loaded a one-third-scale version of the inflatable habitat with a sustained amount of pressure over an extended period until it failed. Per NASA’s recommended guidelines for inflatable softgoods certification, the test reached its goal of generating an additional data point – pressure and time to burst – which can be used to estimate the life of the primary pressure shell structure.

“Our testing campaign has demonstrated that our LIFE habitat pressure shell design has a predicted life of far greater than 60 years – or 525,600 hours – based on Sierra Space’s 15-year on-orbit life requirement and the applied 4x safety factor,” said Sierra Space Chief Engineer for LIFE, Shawn Buckley. “We are obviously simulating pressures well in excess of the norm.”

You can view video of the test here. The failure was so intense that it also blew up the test shack.

Sierra Space is part of a partnership with Blue Origin and others to build the Orbital Reef space station, one of four such stations with contracts with NASA. Sierra Space is building the station’s modules, while Boeing is providing the Starliner capsule for transportation. Blue Origin is supposed be providing larger modules and the New Glenn rocket for transportation, but the development of both continues to lag.

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Starliner’s first manned mission to ISS delayed again

According to a tweet by a NASA official, the first manned mission to ISS of Boeing’s Starliner capsule, carrying two NASA astronauts, has been delayed again, from the planned late April launch to sometime during the summer.

No reasons for the delay were given, as yet. The second link notes however that a schedule conflict at ULA, which is launching Starliner on its Atlas-5 rocket, might be part of the reason.

A launch in late April [of Starliner on the Atlas-5] would have put it in conflict with the inaugural launch of United Launch Alliance’s Vulcan Centaur rocket, currently scheduled for as soon as May 4. Vulcan and Atlas use the same launch pad at Cape Canaveral Space Force Station, and ULA has been conducting tests of the Vulcan rocket on that pad. It has not shared updates on the status of the Atlas 5 used for Starliner.

This conflict might also explain why Starliner itself has not yet been fueled, since Boeing officials have said they want to do this within 60 days of launch to avoid the same kind of valve leaks that delayed the second unmanned demo mission for almost a year.

Starliner itself is years behind schedule, a long delay that has cost Boeing an enormous amount of income. First, the problems during the first unmanned demo flight in December 2019 forced the company to do a second unmanned demo flight, on its own dime costing about $400 million. That second flight was then delayed because of those valve issues. All the delays next cost Boeing income from NASA, as the agency was forced to purchase many manned flights from SpaceX that it had intended to buy from Boeing.

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Rocket Lab and SpaceX successfully launch

There were two launches since yesterday, both American, both launching commercial satellites.

First, Rocket Lab put two Black Sky commercial Earth observation smallsats into orbit, using its Electron rocket launching from New Zealand. This was Rocket Lab’s second launch in less than a week.

Next, SpaceX put 56 Starlink satellites into orbit, launching from Cape Canaveral. The Falcon 9 rocket’s first stage completed its 10th flight, landing successfully in a drone ship in the Atlantic.

The leaders in the 2023 launch race:

20 SpaceX
11 China
5 Russia
3 Rocket Lab

American private enterprise now leads China 23 to 11 in the national rankings, and the entire world combined 23 to 18. SpaceX in turn trails the entire world combined, including American companies, by only 20 to 21.

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SpaceX might get investment capital from Saudi and UAE investors

According to several reports in the business press, SpaceX is presently negotiating with investment companies in Saudi Arabia and the United Arab Emirates (UAE) to possibly provide additional investment capital to the company.

Citing two individuals reportedly familiar with the matter, The Information noted that Saudi Arabia’s Water and Electricity Holding Company, Badeel, and the United Arab Emirates’ Alpha Dhabi are participating in the funding round. Morgan Stanley is reportedly organizing the investment effort.

At present it is unknown how much would be invested. It is also unclear if this foreign investment in an American rocket company can pass muster with the U.S. State Department.

SpaceX has already raised about $10 billion in private investment capital as well as $4 billion from NASA for the development of Starship/Superheavy.

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Italy funds development by Avio of smallsat rocket and methane engine

In a move that might eventually separate Italy from the European Space Agency’s (ESA) Arianespace commercial division, the Italian government on March 13, 2023 announced that it has committed $308 million to the Italian company Avio to develop both a methane-fueled engine and the smallsat rocket to go with it.

The money will be used by Avio on two projects, one to develop an upgraded version of its M10 methane-fueled engine that has already completed two dozen static fire tests, and the other to develop the smallsat rocket, with a targeted first launch in 2026.

While the investment is officially in partnership with the ESA, its wholly-Italian nature suggests in the end it will not be part of Arianespace, but function as an independent competing rocket operated and owned by Avio, which is also the company that developed Arianespace’s Vega family of rockets.

If Italy allows Avio to pull free of ESA and operate as a separate competing rocket company, it will do Europe a favor. Right now the monopolistic nature of ESA is preventing it from competing successfully in the new commercial launch market. Having separately owned and competing private companies will only energize this European industry, which has generally been moribund for years.

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First set of SpaceX’s second generation Starlink satellites experiencing issues

According to a tweet from Elon Musk yesterday, the first set of 21 larger second generation Starlink satellites, launched on February 27, 2023 by a Falcon 9 rocket, have experiencing “some issues.”

Some sats will be deorbited, others will be tested thoroughly before raising altitude above Space Station.

More information here.

Starting around March 15, their orbital altitude started to decrease at varying rates: most gradually, but at least two more steeply, descending to about 365 kilometers. All 21 remain in orbit, but that unusual behavior prompted speculation of problems with the satellites.

The second set of new Starlink satellites is scheduled for launch no earlier than March 30, 2023, but expect that launch to be delayed in order for SpaceX engineers to troubleshoot these issues and then apply what they have learned on the new satellites.

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Second stage on Relativity’s first launch fails to fire

The first test launch of Relativity’s 3D rocket, Terran-1, achieved the mission’s minimum goals, with the first stage performing exactly as planned and the 3D-printed rocket successfully completing engine cut-off and stage separation.

At that point the second stage engine failed to fire, and the upper stage fell into the ocean.

I have embedded the live stream from last night below. The company had made it clear that their number one goal for this flight was getting that 3D-printed rocket through max-q, the time when the atmospheric pressures on the rocket are their greatest. In this area the launch was a success.

This was also the first American launch of a methane-fueled rocket, and it was fascinating seeing the difference in the rocket’s plumes from other fuel types. Terran-1’s engine plumes were a clear distinct blue, quite different from the white and smokey plumes produced by solid-fueled and kerosene-fueled rocket engines, and the almost invisible plume of space shuttle’s hydrogen-fueled engines.

As yet, no methane-fueled rocket has reached orbit, though two Chinese companies and Relativity have tried. SpaceX will try itself when it launches Superheavy/Starship.
» Read more

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Virgin Orbit resumes limited operations

In anticipation of a possibly deal to save the company, Virgin Orbit officials have resumed limited operations, bringing back a small number of employees to work on crucial issues required for its next launch.

“Our first step will begin Thursday of this week, when we plan to return a subset of our team to focus on critical areas for our next mission,” Virgin Orbit said in a statement. “We are looking forward to getting back to our mission and returning to orbit.”

…Reuters reported that Virgin Orbit is working on a $200 million infusion from Texas-based venture capital investor Matthew Brown via a private share placement, citing a term sheet. Following a meeting by Virgin Orbit’s board on Tuesday, the two sides plan to close the deal on Friday, according to the non-binding term sheet, Reuters said.

Should the company resume full operations and launch again, I am certain it will not launch from the United Kingdom, at least not until the UK has fixed its launch licensing bureau, the Civil Aviation Authority, which took so long to approve Virgin Orbit’s launch from Cornwall it practically bankrupted the company.

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