Tag: competition

SpaceX might get investment capital from Saudi and UAE investors

10:23 am

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

10:13 am

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

9:57 am

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

9:36 am

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

10:12 am

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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Hakuto-R1 enters lunar orbit

10:05 am

Lunar map showing Hakuto-R1's landing spot
Hakuto-R1’s planned landing site is in Atlas Crater.

The lunar lander Hakuto-R1, privately-built by the Japanese company Ispace, has now successfully entered lunar orbit in anticipation of its landing sometime next month.

Tokyo-based ispace said that its HAKUTO-R Mission 1 lander entered orbit at 9:24 p.m. Eastern March 20 after a burn by its main engine lasting several minutes. The company did not disclose the parameters of the orbit but said that the maneuver was a success.

…Entering orbit is the seventh of 10 milestones ispace set for the mission that started with launch preparations. The final three milestones are completing “orbital control maneuvers,” the landing itself and going into a steady state of activities after landing.

The spacecraft carries several payloads, the most significant of which is the United Arab Emirates Rashid rover.

If Hakuto-R1 completes its 10 milestones successfully, it will lay the groundwork for Ispace’s second Hakuto-R mission to the Moon in 2024, and an even larger lander on a third mission to follow, this time built in partnership with the American company Draper and carrying NASA payloads.

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South Korean private rocket startup completes first suborbital rocket test

9:12 am

Innospace, a South Korean private rocket startup, on March 19, 2023 successfully completed the first test flight of a suborbital prototype, launching from Brazil’s Alcantara Launch Center.

The rocket flew for 4 minutes and 33 seconds before falling into the designated safety zone. The engine lasted for 106 seconds, which fell short of the previously planned 118 seconds, yet its performance was stable, according to Innospace. Hanbit-TLV, the test vehicle, is a 16.3-meter (53.5-foot) single-stage rocket designed to verify the performance of a 15-ton-thrust rocket engine developed by Innospace.

The company will now develop its full-scale orbital rocket, dubbed Hanbit-Nano, “capable of carrying 50-kilogram (110-pound) payload into space, equipped with a 15-ton-thrust hybrid engine powered by solid fuel and liquid oxidizer.” A 2024 launch is the goal, possibly from a new commercial spaceport in Norway.

More information here. The rocket also carried a payload for the Brazilian military, which is why by contract Innospace officials could not release the exact altitude reached by the rocket.

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SpaceX launches two SES communication satellites

5:50 pm

Only a few hours after SpaceX launched 52 Starlink satellites from California, the company successfully launched two communications satellites for the Luxembourg company SES, using its Falcon 9 rocket launching from Cape Canaveral.

The first stage completed its sixth flight, landing safely on a drone ship in the Atlantic. The rocket’s two fairings completed their third and seventh flights, respectively.

The leaders in the 2023 launch race:

19 SpaceX
11 China
4 Russia
2 Rocket Lab

American private enterprise now leads China 21 to 11 in the national rankings of this year’s launches, and the whole world combined 21 to 17. SpaceX by itself is tied with the rest of the world, including other American companies, 19 to 19.

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Starship launch still stalled by FAA

3:47 pm

According to a tweet by Elon Musk today, Starship will be ready for its first orbital test launch in a few weeks.

Musk also noted however that SpaceX is still awaiting the FAA’s launch license, and because of this he now expects the launch in the third week in April.

Why it is taking months for the FAA to issue this license is disturbing, and suggests that under the Biden administration the feds are behaving more and more like the incompetent Civil Aviation Authority in the UK, which stonewalled Virgin Orbit’s launch for months so that the company now sits on the verge of bankruptcy.

Hat tip to BtB’s stringer Jay for this story, who will be gone for the next two weeks on vacation. Have fun Jay.

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SpaceX launches another 52 Starlink satellites

2:58 pm

SpaceX today successfully put another 52 Starlink satellites into orbit using its Falcon 9 rocket launching from Vandenberg Space Force Base in California.

The first stage completed its 8th flight, landing on a drone ship in the Pacific.

A second SpaceX launch today, this time from Cape Canaveral, Florida, is set to launch very shortly, so the leader board for the 2023 launch race will also change as well:

18 SpaceX
11 China
4 Russia
2 Rocket Lab

American private enterprise now leads China 20 to 11 in the national rankings, and the entire globe combined 20 to 17. SpaceX now trails the entire world, including American companies. 18 to 19.

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Both India’s Chandrayaan-3 and Intuitive Machine’s Nova-C lunar landers pass vibration tests

9:21 am


Click for interactive map.

According to separate announcements just released, both India’s Chandrayaan-3 lander/rover and Intuitive Machine’s private Nova-C lunar lander have passed their last ground tests and are now ready for launch to the Moon later this year.

India’s space agency ISRO successfully completed testing of its Chandrayaan-3 lunar lander/rover in early March, completing vibration tests of the spacecraft and proving it will be able to survive the stresses during launch. The spacecraft successfully completed radiation testing in February.

ISRO is now targeting June 2023 for Chandrayaan-3’s launch.

Intuitive Machines meanwhile announced yesterday that its Nova-C lander has completed vibration testing, and is ready for launch later this year.

The map to the right shows the landing sites of these planned landers near the Moon’s south pole (indicated by the white cross), as well as Russia’s long-delayed lunar lander, Luna-25, which is now targeting a July launch.

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Astra asks for more time from Nasdaq before its stock is delisted

8:54 am

The rocket startup Astra has now asked Nasdaq to give it an extra six months beyond the early April deadline to get its stock price above $1 in order to avoid getting delisted from the stock market.

With its share price at $0.42 upon closing Thursday, Astra Chief Financial Officer Axel Martinez wrote in a blog post that the space company formally requested on Monday another six-month window to raise the share price above $1 for 10 consecutive business days as required to stave off a delisting.

It appears the company might be considering a reverse-stock split, whereby stocks are combined with the total number reduced, thus artificially raising the stock price. Nasdaq will consider this tactic an acceptable solution, though it is also considered a last-ditch approach.

Right now Astra is no longer an operational rocket company, having discontinued its Rocket-3 rocket. It says it is developing a new rocket, dubbed Rocket-4, but whether it can get this operational before it runs out of money or gets delisted remains unknown.

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