Tag: competition

Investment in space dropped 58% in 2022

8:49 am

According to a new report by Space Capital, a New York venture capital firm, overall investment in space dropped 58% in 2022, dropping from the $47.4 billion peak in 2021 to $20.1 billion in 2022.

Space Capital, a New York-based venture capital firm, published its Space Investment Quarterly Jan. 19 for the fourth quarter of 2022. The report notes that early-stage startups fared better than later-stage and growth companies.

One exception was SpaceX, which raised $2 billion in 2022, or 32 percent of the total 2022 private investment in space infrastructure. SpaceX was also in the minority because it raised capital in both 2021 and 2022. Only 38 percent of the space infrastructure companies that raised capital in 2021 sought additional funding in 2022.

Essentially, if you remove SpaceX from the picture, major investment in space startups largely came to a halt in 2022. Furthermore, the report states that it also expects further investment in 2023 to be parsimonious. Apparently the venture capital community has realized how risky many of these space startups are (as seen by the loss of stock value for companies like Virgin Galactic, Astra, and Virgin Orbit), and is becoming more careful where it puts its money.

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ABL completes investigation of January 10th launch failure

9:13 am

ABL yesterday released the results of its investigation into the January 10th launch failure of its RS1 rocket.

Just over ten seconds after launch the rocket suffered “a complete loss of power,” its engines shut down, and it came crashing back to Earth about 60 feet to the east of the launch pad. The resulting explosion and fire damaged and destroyed significant equipment, including a nearby “fabric hanger.” The report then goes on to describe the cause:
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SpaceX completes first Starlink launch of 2023

8:53 am

Using a new first stage, SpaceX’s Falcon 9 rocket successfully launched 51Starlink satellites into orbit this morning from Vandenberg Space Force Base, the first Starlink launch of 2023.

The first stage successfully landed on a drone ship in the Pacific.

At present, SpaceX and China are tied for the lead in the 2023 launch race, each having completed 5 launches so far this year. No one else has launched as yet.

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January 18, 2023 Quick space links

5:03 pm

Courtesy of Jay, BtB’s intrepid stringer.

 

 

 

 

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Hakuto-R completes five of ten milestones on test flight

7:56 am

Ispace’s private commercial lunar lander, Hakuto-R, has now completed five of the ten milestones the company had established before launch as its goals on this first test flight to the Moon.

The first five milestones completed are:

  • Completion of launch preparations
  • Completion of launch and deployment
  • Establishment of a Steady Operation Status
  • Completion of the first orbital control maneuver
  • Completion of stable deep-space flight operations for one month

The next five milestones involve entering final lunar orbit and landing successfully, the most difficult milestones of all.

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SpaceX to build five Starship/Superheavy prototypes in 2023

7:51 am

According to Elon Musk, SpaceX intends to build five Starship/Superheavy prototypes in 2023 for flight testing.

Assuming they can get launch permits, these five rockets should provide the company ample launch testing capability for at least the next two years, especially if it succeeds in landing these units and can consider reusing them in test flights.

At this moment, the launch permits from the federal government appears the main obstacle to getting this heavy lift reusable rocket tested and operational.

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Starlink service scheduled for South Korea later this year

8:49 am

SpaceX will begin offering Starlink service in South Korea by the spring of this year.

The article, from a South Korea news outlet, is generally negative about Starlink’s possibilities, mostly because its cost is much higher than that already available with coverage that includes 80% of the country. Nonetheless, Starlink will still be an option to those regions not yet served.

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SpaceX’s Falcon Heavy successfully launches Space Force satellites

4:06 pm

SpaceX’s Falcon Heavy rocket today successfully launched a Space Force communications satellite plus a secondary military payload.

The two side boosters completed their second flight, landing at Cape Canaveral. The core stage was not recovered, as planned. Actual deployment of the satellites will not occur for another six hours.

At this moment China leads SpaceX 5 to 3 in the 2023 launch race. No one else has as yet launched successfully.

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Russia delays three planned lunar probes because of sanctions

10:56 am

The research division that is building Russia’s Luna 26, Luna 27, and Luna 28 probes to the Moon announced today that these missions will likely be delayed up to two years because many needed components are no longer obtainable due to the international sanctions imposed on Russia because of its invasion of the Ukraine.

“Previously, we designed equipment using foreign components that we could buy from our foreign colleagues. Now that the sanctions have been imposed, we will [be switching to] Russian-made components,” Mitrofanov explained. According to him, researchers have to change design solutions amid the Western restrictions.

Some of these components cannot be so easily replaced by Russian versions. Assuming the Ukraine war does not end soon, expect even longer delays for these unmanned lunar missions.

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Stratolaunch’s Roc airplane completes 2nd captive-carry test flight

3:48 pm

Stratolaunch’s giant Roc airplane, the largest in existence, successfully completed its second captive-carry test flight, carrying a Talon-A (TA-0) hypersonic test vehicle under its central fuselage during take-off and landing.

The flight set a new duration record lasting a total of six hours and reached a maximum altitude of 22,500 ft., representing another important step forward in the company’s near-term goal of completing separation testing with TA-0. Primary test objectives included flight outside of the local Mojave area for the first time and evaluation of the separation environment. Roc and TA-0’s onboard data systems provide critical information on the aerodynamic loads and moments prior to release of TA-0, helping to ensure safe separation of the vehicle from Roc. The flight team also practiced chase formation and communication sequencing for the upcoming separation test.

The company has a contract with the Air Force to use the operational Talon-1 spacecraft, released from Roc, to do hypersonic test flights, hopefully in the first half of 2023.

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Sweden cuts ribbon on Esrange spaceport

3:42 pm

Sweden yesterday officially inaugurated a new commercial launch site at the Esrange spaceport that the ESA had used previously for suborbital tests.

The site is an extension of the Esrange Space Centre in Sweden’s Arctic, around 40 kilometres (25 miles) from the town of Kiruna. Around 15 million euros ($16.3 million) have been invested in the site, which is expected to serve as a complement to Europe’s space hub at Kourou in French Guiana. It will also provide launch capabilities at a time when cooperation with Russia and the Baikonur launch site in Kazakhstan has been curtailed by the war in Ukraine.

Esrange’s state-owned operator, the Swedish Space Corporation (SSC), aims to launch its first satellite from the site “in the first quarter of 2024”, a spokesman told AFP on Friday.

At this moment, there are three commercial rocket spaceports racing to complete the first orbital launch from Europe. Esrange in Sweden and the two UK spaceports, Spaceport Sutherland in Scotland and SaxaVord in the Shetland Islands. Cornwall in the UK is an airport, so it can only launch rockets that use an airplane, which essentially limits its launch customers to Virgin Orbit.

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