Tag: SpaceX

Capitalism in space: SpaceX today successfully launched ten 10 Iridium satellites.

This launch for Iridium reused a first stage from a previous Iridium launch. This was the first time Iridium launched with a used first stage. SpaceX did not try to recover the stage, which could be for several reasons, including the possible desire by the customer that they devote their entire effort to getting the satellites in orbit.

This was also SpaceX’s last launch for the year. The launch standings for the year now are thus:

29 United States
19 Russia
18 SpaceX
15 China

Sometime in the first week of 2018 I will post a full table showing this year’s launches plus the launch totals going back to the early 1980s. It reveals a great deal about the history of the launch industry for the past half century, as well as where that launch industry is likely heading in the coming half century.

Capitalism in space: In its current round of stock sales SpaceX had raised another $100 million in investment capital.

In August, the space exploration company sold $349.9 million worth of shares, a Securities and Exchange Commission (SEC) filing showed. That amount has now risen to $449.9 million, a new filing showed on Monday, adding an extra $100 million onto the current fundraising effort.

The latest injection of cash values SpaceX at $21.5 billion, according to Equidate, a platform that facilitates the trading of shares in private technology firms. SpaceX was not immediately available for comment on the valuation when contacted by CNBC.

If I was a big money investor I too would be interested in buying some SpaceX stock. Meanwhile, Aviation Week is reporting that the first Falcon Heavy launch has slipped to 2018. I am not surprised, but I have also not seen any other news reports on this, so I am withholding judgement.

Capitalism in space: According to SpaceX’s CEO, they plan to up their annual launch rate by 50% in 2018, and hope to average 30 to 40 launches per year thereafter.

They also hope to introduce their Big Falcon Rocket (BFR) by 2022, but will continue operations with both the Falcon 9 and Falcon Heavy, if that is what their customers prefer.

The expected Falcon 9 launch this past week of the mysterious Zuma government payload, built by Northrop Grumman but linked to no government agency, has been postponed indefinitely because of a fairing issue identified during testing for a different customer.

This delay also suggests that this may be an issue that will delay more than one launch, which could effect SpaceX’s effort to achieve 20 launches in 2017.

Capitalism in space: NASA revealed today that it is close to approving the use of a Falcon 9 reused first stage for the next Dragon cargo mission to ISS.

During a press conference at NASA’s Wallops Flight Facility here Nov. 10 about the launch of a Cygnus cargo mission to the ISS, a NASA manager said the agency would likely approve the use of a reused booster on that mission, designated SpX-13, assuming it clears an upcoming review. “We’re in the final stages of doing all those assessments,” Dan Hartman, ISS deputy program manager, said. SpaceX first requested to use a previously-flown booster for a cargo mission about a year ago. “On the NASA side, we’ve had a lot of major reviews.”

He said SpaceX itself had one more readiness review for the booster they’re planning to refly before deciding if they can use it for the SpX-13 mission, scheduled for launch Dec. 4. “If that comes back positive,” he said, “I’d say the chances are that we’ll be flying a reuse on SpX-13.”

It appears that about a year from now the use of reused boosters will have become completely normalized, with no one thinking anything unusual about their use. This, after almost a half century of old-school engineers and managers repeatedly saying such a thing made no sense and was impossible in terms of engineering and economics.

Capitalism in space: SpaceX yesterday successfully launched a South Korean communications satellite while also successfully landing the first stage on a barge.

This was the company’s sixteenth launch in 2017, doubling their previous high of eight in 2016. This places the company one behind the Russians in the race to complete for the most launches in 2017.

The drone barge used by SpaceX to successfully land a 1st stage during its October 11 launch was subsequently damaged by a fire on board during the return to port.

The exact series of events is unclear, but it is understood the booster leaked some of its residue RP-1 fuel, which flowed along the deck of the ASDS and pooled near the containers at the aft of the drone ship.

The booster then continued post-landing operations, designed to safe the booster ahead of crews boarding the ship to complete the safing process ahead of the trip back to port. At some point shortly after landing there was an ignition of the pooled RP-1, likely via the purging of the Triethylaluminum-Triethylborane (TEA-TEB) that is used as the first stage ignitor. This has to be purged as part of the safing procedures for allowing crew near the rocket. Fire hoses – staged on the deck of the ship – quickly doused the fire. However, the garage containing the robot – nicknamed “Roomba” or “OctaGrabber” (among other names) – was caught in the fire and damaged.

This was confirmed by the lack of the robot in view under the rocket during the ASDS’ return to Port.

It appears they are repairing the damages and that future barge landings will not be affected.

Capitalism in space: A report from Morgan Stanley on Friday said that the value of SpaceX could grow to $50 billion, more than doubling its present value, if it successfully launches its proposed broadband satellite constellation.

I like this quote from the article:

Reducing the cost to launch a satellite to about $60 million, from the $200 million that United Launch Alliance charged through most of the last decade, was a monumental breakthrough. SpaceX is trying to reduce its cost to $5 million per mission, and Morgan Stanley says the launch business “generates limited operating income.”

As they say, the proof is in the pudding, and you might say that SpaceX in the past five years has launched a lot of pudding.

Capitalism in space: SpaceX today has just successfully launched a commercial satellite, using a previously flown first stage, which it was able to successfully land and recover for the second time. I can’t wait for the first time they fly one of these first stages for the third time.

This was SpaceX’s 15th launch for the year, which ties them with the Russians for most launches so far in 2017. It also puts them one short of doubling their previous yearly launch record of 8, and also puts them only one behind the record for most launches by a U.S. company since 1986 (ULA launched 16 times in 2009).

Capitalism in space: SpaceX this morning successfully launched into orbit 10 Iridium satellites.

The launch was from Vandenberg. The first stage successfully landed on a barge in the Pacific.

Capitalism in space: SpaceX today successfully completed its standard dress rehearsal countdown, including a static firing of the Falcon 9 first stage, in anticipation of its schedule launch of a commercial communications satellite on Saturday.

The first stage will be the third reused first stage to fly into space.