Tag: freedom

Rocket Lab schedules next launch, plans 22 launches in 2024

9:03 am

Rocket Lab has completed its investigation into a September 2023 launch failure and has now scheduled its next Electron launch for the end of November.

More significant, it says it has 22 booked launches scheduled for 2024, a pace that would more than double its previous annual record of 9 launches in 2022.

In its third quarterly report it also revealed that it lost just over $40 million in that quarter, more than last year’s third quarter by 17%. The September launch failure impacted those numbers, though the company’s revenue in the third quarter still grew by 7% from the previous year.

To achieve 22 launches next year will require the company to launch twice a month. With three launchpads (two in New Zealand and one in the U.S.) this is possible, but challenging. Of those launches, nine will attempt to recover and reuse the first stage, and two will not be orbital but suborbital hypersonic tests for the military.

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Virgin Galactic trims staff and spending

9:08 am

Despite having completed its fifth commercial suborbital flight on November 2, 2023, Virgin Galactic announced yesterday that it is laying off staff and cutting spending.

The number of people laid off was not revealed. Supposedly the company has done this as part of its effort to develop an upgraded version of SpaceShipTwo.

The company reported having $980 million of cash and equivalents on hand at the end of the second quarter this year, when it reported a net loss of $134.4 million. The company has not disclosed its estimated costs for development of the Delta vehicles, but said it expected those vehicles to enter service in 2026. The company expects only limited revenue from VSS Unity, which is able to fly monthly carrying up to four customers at a time.

I instead suspect that demand for suborbital flights is dwindling because of the competition from orbital operations. Had this company started flying a decade ago, as promised numerous times by Richard Branson, it would have been ahead of the curve. It didn’t and thus missed the boat.

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Bulgaria to sign Artemis Accords

9:01 am

NASA yesterday announced that Bulgaria will sign the Artemis Accords tomorrow, becoming the 32nd nation to join the alliance.

The full list of signatories is as follows: Argentina, Australia, Bahrain, Brazil, Bulgaria, Canada, Columbia, Czech Republic, Ecuador, France, Germany, India, Iceland, Israel, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Nigeria, Poland, Romania, Rwanda, Saudi Arabia, Singapore, South Korea, Spain, the United Kingdom, the United Arab Emirates, the Ukraine, and the United States.

The competing alliance of communist nations, led by China, includes only Russia, Venezuala, Pakistan, Belarus, Azerbaijan, and South Africa. That former deep Soviet block nations like Bulgaria and Romania went with the west rather than China illustrates the international distrust of China and its authoritarian methods.

Regardless, we now see a rough outline of the coming cold war in space.

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SpaceX launches 23 Starlink satellites

8:27 am

SpaceX last night successfully launched 23 Starlink satellites, its Falcon 9 rocket lifting off from Cape Canaveral.

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

The leaders in the 2023 launch race:

80 SpaceX
50 China
14 Russia
7 Rocket Lab
7 India

American private enterprise now leads China 92 to 50 in successful launches, and the entire world combined 92 to 79. SpaceX by itself once again leads the rest of the world (excluding American companies) 80 to 79.

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Three European nations sign deal with Arianegroup for use of Ariane-6

9:12 am

In a separate deal outside of the European Space Agency, Germany, France, and Italy have signed a deal with the private rocket company Arianegroup to use its still unlaunched Ariane-6, assuming the company can reduce costs.

The agreement will provide €340 million ($365 million) of financing a year for Arianespace’s Ariane 6 rocket in exchange for a commitment to an 11% cut in costs. The rocket will also be awarded at least four missions from public institutions a year, while the lighter Vega C launcher will get at least three.

Essentially the deal is intended to keep Ariane-6 afloat, as its high cost has made it difficult to attract customers. At the same time, the contract demands those costs be reduced, and adds pressure to that demand by noting that future and additional launches will be awarded on a purely competitive bidding process. It appears these three countries will open bidding not only to the new rocket startups being developed in Europe, but American rocket companies as well.

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Astra secures temporary investment funding to keep it afloat

8:44 am

Astra announced yesterday that it has secured temporary funding from private sources to cover its shortfall of cash and allow it to secure additional funds to keep it alive. From the second link:

In a statement issued after the close of trading, Astra said that JMCM Holdings LLC and Sherpa Venture Funds II, LLP, which it described as affiliates of two early investors in Astra, agreed to provide $13.4 million in “initial financing” as part of a non-binding term sheet Astra announced Oct. 23 that sought to raise $15 million to $25 million.

As part of the agreement, the investors will purchase the $8 million loan that Astra had from an unnamed institutional investor from August. Astra had defaulted on the terms of the loan agreement last week when its cash reserves dropped below $10.5 million, triggering a $3.1 million payment at a higher interest rate. The investors will also provide a $3.05 million bridge loan due Nov. 17, and purchase warrants for Astra stock.

The company is not out of the woods quite yet. It needs to obtain new investment capital by November 17th, when that bridge loan comes due.

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Middle East Arabs know Hamas is wrong and Israel is right, even if America’s stupid college students don’t

12:28 pm

Hamas vs Israel
Even the Arabs recognize these facts.
Courtesy of Doug Ross.

The past week has been very revealing, as hundreds, even thousands of pro-Hamas demonstrators have swarmed the streets of New York, Washington, London, with some protesters in Washington actually attempting to break into the White House while others vandalized statues and monuments.

These new-Nazis demanded Israel stop fighting Hamas and let it get away with its savage slaying of more than 1,400 citizens, including the torture and rape of women and children. To these fools, Hamas is heroic for killing Jews, and must be allowed free rein to kill them all so that Hamas can rule Israel “from the river to the sea.”

The great irony here is that while these protesters see nothing wrong with mass murder by Hamas, the leaders of other Arab countries have a decidedly different opinion. On October 31, 2023, only days after Israel’s ground attack began, a major official in the government of the United Arab Emirates (UAE) made it clear that not only does that country support the Abraham Accords, its peace treaty with Israel, he also unequivocally condemned Hamas’ brutality.
» Read more

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Commercial hi-res Earth imaging satellite constellations limiting Gaza imagery to the public

9:16 am

Once Israel’s ground campaign into Gaza started the new American private commercial hi-res Earth imaging satellite constellation companies began restricting access to their imagery.

Planet, a San Francisco-based company launched in 2010 by former NASA scientists, has in recent days heavily restricted and obscured parts of images over the Gaza Strip for many users, including news organizations. Last week, some images of Gaza were removed from Planet’s web application for downloading imagery, and some have been distributed to interested media outlets through a Google Drive folder. The satellite company told some subscribers that during active conflicts, it may modify pictures published to the archive.

…Some commercial satellite companies appear to be releasing their detailed images — but with a time delay. Planet and a competitor, Maxar Technologies, have released images shared with the New York Times, Washington Post, and other news outlets on a significant time delay. Starting on Nov. 3, both papers shared exclusive images taken by Planet on Nov. 1. Airbus, another major commercial satellite image provider, has not shared images of Gaza.

It appears the companies have done so for two reasons: First, it appears these companies have actually decided they do not wish to reveal any information that might hurt Israel’s ground campaign. This approach differs significantly from the leftist mainstream American press, which either doesn’t care what harm it does, or is eager to sabotage Israel’s effort.

Second, it appears the companies have been reminded of a 1997 federal law, called the Kyl-Bingaman Amendment, that forbids the release of “imagery of Israel that’s at a higher resolution than what’s distributed by non-US companies.”

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Astra defaults on debt agreement

10:25 am

The rocket startup Astra revealed on Friday that it was unable to meet the requirements of one of its investors that it maintain at least $10.5 million in cash reserves, and thus defaulted on that debt agreement.

Astra twice last month failed to meet minimum cash reserve requirements associated with a $12.5 million note issuance to New Jersey investment group High Trail Capital.

The debt raise first required that Astra have “at least $15.0 million of cash and cash equivalents” on hand. That liquidity requirement was adjusted after Astra failed to prove compliance a first time, to require “at least $10.5 million of unrestricted, unencumbered cash and cash equivalents.” Having fallen out of compliance a second time, Astra now owes $8 million on the aggregate principal investment.

Sadly, it appears the end for this company is coming.

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SpaceX launches 23 Starlink with a 1st stage flying for a record-setting 18th time

5:46 pm

SpaceX today successfully launched 23 Starlink, its Falcon 9 rocket lifting off from Cape Canaveral and using a first stage flying for a record-setting 18th time.

The first stage landed successfully on its drone ship in the Atlantic.

The leaders in the 2023 launch race:

79 SpaceX
50 China
14 Russia
7 Rocket Lab
7 India

American private enterprise now leads China 91 to 50 in successful launches, and the entire world combined 91 to 79. SpaceX by itself is once again tied the rest of the world (excluding American companies) 79 to 79.

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Real pushback: “We won’t hire your bigots!” say 42 law firms to top universities

12:48 pm

A Nazi youth rally, little different than today's pro-Hamas demonstrations
A 1930s Nazi youth rally, little different than
today’s pro-Hamas demonstrations

Bring a gun to a knife fight: In a letter [pdf] sent out on November 1, 2023 to all the major law schools in the country, more than three dozen law firms made it very clear they will not hire students from those schools if action wasn’t taken against the rise of anti-Semitism on those college campuses.

Rather than summarize, I think it worthwhile to let the letter speak for itself:

Over the last several weeks, we have been alarmed at reports of anti-Semitic harassment,
vandalism and assaults on college campuses, including rallies calling for the death of Jews and the elimination of the State of Israel. Such anti-Semitic activities would not be tolerated at any of our firms. We also would not tolerate outside groups engaging in acts of harassment and threats of violence, as has also been occurring on many of your campuses.
» Read more

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Sierra Space: Tenacity is complete and ready for ground testing

9:50 am

Sierra Space announced yesterday that its reuseable Tenacity cargo freighter, the first of its Dream Chaser mini-shuttles, is now complete and ready shipment to NASA’s test facilities in Ohio for ground testing.

The spacecraft hopefully will fly next year. Though this is four years behind schedule, it signals an important milestone for the company, and suggests its operational pace will pick up afterward. Though its arrival comes very late in ISS’s lifespan, the coming arrival of many private space stations, including Sierra’s own, will likely provide it many customers.

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