Tag: freedom

Investment in commercial space zooms

8:29 am

The competition heats up: According to a new report, venture capitalists invested twice as much money last year in commercial space startups than they had in the previous fifteen years combined.

From 2000 through 2015, space startups reeled in $13.3 billion in investment cash, including $2.9 billion in venture capital. A full $1.8 billion—or roughly two-thirds—of that venture capital was invested last year alone. The influx of all that VC cash suggests a shifting perception among investors, Christensen says.

Investment in space-related startups was once largely dominated by “advocacy investors” passionate about space travel (think Elon Musk) and corporations with strategic interests in Earth orbit (telecoms, satellite TV providers, etc.). Now, thanks to a handful of very visible successes from companies like SpaceX, a broader base of investors are looking at space startups as more traditional tech investments—the kind that rapidly bring a product to market and generate revenue in the relatively near term. Those products and revenues generally have less to do with space and more to do with information, Christensen says.

Combine this with the much less significant story yesterday about how NASA received a record 18,000 applicants for a mere 14 astronaut positions and it sure appears that western society is becoming increasingly space happy.

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Virgin Galactic unveils new SpaceShipTwo

10:08 pm

The competition heats up: On Friday Virgin Galactic unveiled their replacement SpaceShipTwo, dubbed Unity, replacing the first ship destroyed 16 months ago during a failed flight test.

As is typical of Virgin Galactic, they managed to garner a lot of press coverage of this event. To me, it is a big big yawn. I want to see this ship flying, not towed out from a hanger by an SUV with Richard Branson waving to the crowd.

And until they do, I will consider everything Virgin Galactic does at this point to me nothing more than empty public relations bull.

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Bureaucrats fight over the regulation of commercial space

9:37 am

Battle of bureaucrats: The FAA’s office that regulates commercial space (AST) and the National Transportation Safety Boad (NTSB) are fighting over the procedures AST should use to control and manage the work of private space companies.

The issues deal with how the FAA inspects the work of space companies, prompted by the NTSB’s investigation into the Virgin Galactic SpaceShipTwo crash in 2014. The kerfuffle also illustrates the absurdity of the regulatory responsibilities that Congress forced on AST when it amended the commercial space act in 2004. Somehow it is expected that bureaucrats in Washington will know better how to make sure a private company’s new space designs are safe than the very engineers who are building them. The disagreement here is merely about how the bureaucrats keep watch. The NTSB wants AST’s bureaucrats to hover over them like a worried mother. AST wants to hover from a little farther away, like a proud father.

In either case, the hovering will accomplish little to make the cutting edge engineering more safe except create fake jobs in the government for hovering bureaucrats, while squelching risky innovation since such risks go against the instincts of every bureaucrat.

Though Congress has recently revised the law to ease its regulations, they didn’t really do much to remove them. Expect these kerfuffles to get bigger in the coming years as the Washington bureaucracy moves to impose its will on this industry while simultaneously manipulating the press and Congress to create more useless jobs for themselves.

If they succeed, we should also expect them to succeed in making innovative commercial development in space become increasingly impossible.

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The first music video in zero gravity

10:30 am

Update: The music video itself has been pulled from youtube for copyright reasons that I don’t quite understand. However, the making of video is still available, and that will give you a pretty good feel for some of the stuff in the original piece.

I was going to make this an evening pause, but then decided it shouldn’t wait. This music video, by OK-Go, is unique and somewhat historic, as it I think is the first to have been done in zero gravity, using an airplane to fly parabolic arcs. It demonstrates clearly the fantastic and as present almost unimaginable possibilities of dance in weightlessness, as it also might be the first time that professional dancers, the two women, are given a chance to do moves in microgravity.

Be sure to also watch the making of video below the fold. And go here for the story behind the video.


» Read more

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SpaceX loses a launch payload

10:11 am

In the heat of competition: Because of delays, a satellite company has shifted its launch vehicle from SpaceX’s Falcon Heavy to Arianespace’s Ariane 5

The company, ViaSat, still has a contract with SpaceX to use Falcon Heavy to launch later satellites, but they decided they could no longer wait and needed to get the satellite in orbit by 2017, something that SpaceX could no longer guarantee. They had to pay more to fly on Ariane 5, but it appears they were able to negotiate a price break with Arianespace to close the deal.

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