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Tag: Richard Branson

  • CNBC Daily Open: Investors are pricing in the best of both worlds

    CNBC Daily Open: Investors are pricing in the best of both worlds

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    A Wall St. sign in front of the New York Stock Exchange (NYSE) in New York, US, on Monday, March 20, 2023.

    Michael Nagle | Bloomberg | Getty Images

    This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

    Investor fears subside. Is it premature?

    What you need to know today

    • U.S. markets traded higher Thursday as a measure of market volatility showed investor fears are abating. Asia-Pacific stocks mostly rose Friday. Japan’s Nikkei 225 climbed 0.91% as the country’s consumer price index (excluding fresh food) rose 3.2% in March, 10 basis points lower than February’s reading.
    • In the event of a bank rescue in the European Union, the EU will start by “absorbing equity stack, and then the AT1 and then the Tier 2 and then the rest,” Dominique Laboureix, chair of the EU’s Single Resolution Board, told CNBC in an exclusive interview.

    The bottom line

    Fears are subsiding and markets are rebounding. But it’d be too premature to celebrate — at least not until we find out how the economy’s doing from reports coming out soon.

    Yesterday, all major indexes rose. The S&P 500 climbed 0.57%, the Dow Jones Industrial Average advanced 0.43% and the Nasdaq Composite added 0.73%. Investors continued flocking to technology stocks: Amazon rose 1.75%, Microsoft gained 1.26% and Netflix climbed 1.93%. “The Silicon Valley Bank fiasco was just the oxygen the tech bull needed to snap out of its funk and get back to work,” CNBC’s Jim Cramer said.

    How do we know investors are regaining confidence, other than inferring their sentiment from market moves? We look at the CBOE Volatility Index. Derived from the price of S&P 500 options, the volatility index measures the market’s expectations of how the S&P will move over the next 30 days. Hence, it serves as a proxy of investors’ fears. Currently, it’s around levels last seen at the start of March, before SVB collapsed.

    In other words, markets seem to be pricing in the best of both words: “a recession that allows rates to be low and brings inflation down sharply, yet one that does not have a massively negative effect on corporate earnings,” Ajay Rajadhyaksha, global chairman of research at Barclays, wrote in a Thursday note.

    That might be premature, as Rajadhyaksha suggests. While yesterday’s jobless claims number is 7,000 more than the previous week’s, it’s still below what the Federal Reserve would like to see for the labor market to slow substantially. We’ll get more granular data on the economy with the release of the Personal Consumption Expenditures Price Index later today, and the March jobs report next week.

    For now, though, it’s undeniably nice to have a respite from the banking crisis.

    — CNBC’s Dan Mangan contributed to this report

    Subscribe here to get this report sent directly to your inbox each morning before markets open.

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  • 3D-printed rocket blasts off, withstands rigors of launch but fails to reach orbit

    3D-printed rocket blasts off, withstands rigors of launch but fails to reach orbit

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    A new rocket, the world’s first made up of mostly 3D-printed components and fueled by liquid natural gas, blasted off on its maiden flight Wednesday night and climbed out of the lower atmosphere only to suffer a second stage malfunction that prevented it from reaching orbit.

    It was a disappointing setback for Relativity Space, a California start-up vying to become a major player in the emerging commercial launch market, but such anomalies are not unusual when flight testing a new rocket and the company vowed a thorough investigation to find and fix what went wrong.

    032223-launch3.jpg
    A time exposure captures the brilliant exhaust plume of the methane-burning Terran 1 rocket as it thundered away from the Cape Canaveral Space Force Station.

    William Harwood/CBS News


    “No one’s ever attempted to launch a 3D-printed rocket into orbit and while we didn’t make it all the way today, we gathered enough data to show that flying 3D-printed rockets is possible,” one of the company’s launch commentators said.

    The 110-foot-tall Terran 1 rocket, powered by nine Relativity-developed Aeon 1 engines generating a combined 207,000 pounds of thrust, blasted off from pad 16 at the Cape Canaveral Space Force Station at 11:25 p.m. EDT, climbing straight up and then arcing away to the east over the Atlantic Ocean.

    Two earlier launch attempts on March 8 and 11 were scrubbed by a combination of issues, mostly related to flight software, officials said later. The countdown Wednesday was held up by higher-than-allowable winds aloft and by a boat that strayed into the off-shore danger zone.

    But the final moments ticked down without a hitch and the rocket put on a dramatic show, its engines generating a brilliant blue-white flame in sharp contrast to the orange hues produced by kerosene-burning engines.

    For its initial flight, Terran 1 was not carrying a customer payload and was not equipped with the nose fairing normally used to protect satellites during the climb out of the lower atmosphere.

    The test flight was intended to “prove that 3D printed structures can withstand the pressures of flight, which will prove our hypothesis that 3D printing is a viable way to manufacture rockets,” Relativity tweeted before the company’s first launch attempt.

    Wednesday night, the rocket’s first stage did just that, burning liquid natural gas — methane — with liquid oxygen, safely accelerating through the region of maximum aerodynamic stress, known as “max Q,” as it powered its way out of the dense lower atmosphere.

    The first stage engines shut down as expected about two minutes and 50 seconds after launch and the stage fell away as planned. A camera mounted on the rocket showed the second stage engine beginning to start a few seconds later, but it did not appear to fully ignite.

    Moments after that, an anomaly was declared and commentators on the company’s livestream confirmed the vehicle did not achieve orbit.

    032223-terran1-padview.jpg
    Terran 1 on the launch pad.

    Relativity Space


    “Maiden launches are always exciting, and today’s flight was no exception,” one said. “Although we didn’t reach orbit, we significantly exceeded our key objectives for this first launch, and that objective was to gather data at max Q, one of the most demanding phases of flight, and achieve stage separation.”

    Relativity Space was founded in 2015 by college classmates Tim Ellis and Jordan Noone, who both gained experience working for Blue Origin and SpaceX. The Long Beach, California-based company has now grown to 1,000 employees and has a market valuation of $4.2 billion. Among its early investors is billionaire Mark Cuban.

    The Terran 1 rocket is capable of putting payloads weighing up to 2,755 pounds into low-Earth orbit for an advertised price of $12 million. About 85 percent of the launcher, including its propellant tanks, bulkheads and major engine components, was 3D printed by Relativity.

    “No new company has ever had their liquid rocket make it to space on their first attempt,” Josh Brost, a Relativity vice president, told Spaceflight Now before launch. “So if everything goes incredibly well, and we achieve orbit on our first launch … that would be a remarkable milestone for us, which we would be, of course, over the moon excited about.”

    But it was not to be.

    Terran 1 is the latest in an increasingly crowded field of rockets designed to carry relatively small satellites to orbit that otherwise might have to wait on rides as secondary payloads on larger rockets.

    Relativity also is developing a much larger, more powerful and fully reusable rocket known as Terran R that will compete with medium-class rockets like SpaceX’s Falcon 9. Terran R will be capable of boosting up to 44,000 pounds to low-Earth orbit, even more if flying in expendable mode.

    Ellis said earlier that Terran 1 served as a “fantastic learning platform for developing technologies directly applicable to Terran R, giving us a lot of confidence we are ahead in the race to become the next great launch company.”

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  • Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch

    Virgin Orbit returning ‘small’ team from unpaid pause on Thursday to prep for next rocket launch

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    Virgin Orbit flew its modified Boeing 747 airplane “Cosmic Girl” with the company’s LauncherOne rocket under its wing for the first time on November 18, 2018.

    Virgin Orbit

    Virgin Orbit is returning a “small” team to work on Thursday, according to a company-wide email obtained by CNBC, as it aims to prepare for its next rocket launch even as its future remains in doubt.

    “Any viable path for our operations will require us to successfully launch,” Virgin Orbit CEO Dan Hart wrote in the email to employees.

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    Hart described this as a “first step” in an “incremental resumption of operations,” while Virgin Orbit is extending the unpaid furlough and pause in operations for the rest of than more than 750 person company “through at least Monday.”

    The company’s leadership is scrambling to secure a funding lifeline and avoid bankruptcy, CNBC previously reported. Hart noted the pause has been “to conserve cash while we work to assess options to secure Virgin Orbit’s future.”

    “We’ve made some important progress this week, but there is still work to be done,” Hart wrote.

    The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021.

    Virgin Orbit

    A Virgin Orbit spokesperson confirmed in a statement to CNBC that the company is returning a subset of its employees on Thursday, but declined to specify how many are resuming work. Hart’s email said the staff returning will “focus on critical areas for our next mission,” including work on testing and installing the rocket’s engines. Reuters first reported the partial work resumption.

    Sign up here to receive weekly editions of CNBC’s Investing in Space newsletter.

    Virgin Orbit developed a system that uses a modified 747 jet to send satellites into space by dropping a rocket from under the aircraft’s wing mid-flight. But the company’s last mission suffered a mid-flight failure, with an issue during the launch causing the rocket to not reach orbit and crash into the ocean.

    In an update last week, Virgin Orbit said its internal investigation is nearly complete, with the rocket for its next launch featuring modifications and “in final stages of integration and test.”

    Hart in his email wrote that Virgin Orbit is “facing uncertainty and I know that is very uncomfortable,” noting that employees not returning to work yet can continue to use vacation or sick days to help cover the unpaid time.

    The company has been looking for new funds for several months, with majority owner Sir Richard Branson unwilling to fund the company further.

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  • Rocket Lab launches two radar imaging satellites from Virgina’s Eastern Shore

    Rocket Lab launches two radar imaging satellites from Virgina’s Eastern Shore

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    A Rocket Lab Electron booster blasted off from Virginia’s Eastern Shore on Thursday evening, boosting a pair of commercial radar imaging satellites into orbit that are capable of “seeing” through clouds, in daylight or darkness, to monitor the planet below.

    Making Rocket Lab’s 34th flight, the Electron’s nine Rutherford first-stage engines thundered to life at 6:38 p.m. EDT, smoothly pushing the 59-foot-tall rocket away from launch complex 2 at the Mid-Atlantic Regional Spaceport (MARS) at NASA’s Wallops Island, Virginia, flight test facility.

    Climbing away to the southeast over the Atlantic Ocean, the Electron raced past the speed of sound one minute after liftoff, rapidly accelerating out of the thick lower atmosphere and disappearing from view.

    031623-electron-launch.jpg
    A Rocket Lab Electron booster streaks away from the Mid-Atlantic Regional Spaceport on Virginia’s Eastern Shore carrying two commercial radar imaging satellites. It was Rocke Llab’s 34th launch but only its second from Virginia.

    Rocket Lab


    The single engine powering the rocket’s second stage took over two-and-a-half minutes after liftoff, propelling the craft to an initial parking orbit. A “kick” stage carrying the two Capella Space radar satellites then fired nearly an hour after launch to put the vehicle in the planned deploy orbit.

    A few minutes later, the two Capella satellites were released to fly on their own.

    San Francisco-based Capella Space was founded in 2016 to provide commercial Earth imagery to government agencies and the private sector using small satellites carrying synthetic aperture radar systems capable of imaging the planet below in daylight or darkness, regardless of cloud cover.

    NASA used similar technology to map the surface of cloud-shrouded Venus in the 1990s and radar imaging is routinely used by military spy satellites. But Capella Space says it’s the first company to utilize the technology with commercial remote sensing spacecraft.

    Including an initial prototype, the company has now launched 10 radar satellites to provide around-the-clock Earth observation. Applications include verifying damage claims for the insurance industry, monitoring natural disaster damage, intelligence gathering and detection of illegal maritime activities.

    “Capella’s innovative small satellite design and rapid manufacturing-to-launch deployment gives our constellation (the ability) to effectively monitor the entire globe,” the company says, “and give decision-makers the information they need on the Earth.”

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  • Virgin Orbit reportedly furloughs staff, suspending all operations

    Virgin Orbit reportedly furloughs staff, suspending all operations

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    Virgin Orbit said Thursday it is pausing all operations amid reports the company is furloughing almost all its staff as part of a bid to seek a funding lifeline.

    The U.S.-based satellite launch company confirmed it’s putting all work on hold, but didn’t say how long the freeze would last.

    “Virgin Orbit is initiating a companywide operational pause, effective March 16, 2023, and anticipates providing an update on go-forward operations in the coming weeks,” the company said in a statement.

    The company didn’t comment on reports from media outlets including Reuters and CNBC that all but a small number of workers will be temporarily put on unpaid furlough.

    Virgin Orbit, which is listed on the NASDAQ stock exchange, was founded in 2017 by British billionaire Richard Branson to target the market for launching small satellites into space. Its LauncherOne rockets are launched from the air from modified Virgin passenger planes, allowing the company to operate more flexibly than using fixed launch sites.

    In January, a mission by Virgin Orbit to launch the first satellites into orbit from Europe failed after its LauncherOne rocket’s upper stage experienced “an anomaly” that caused it to prematurely shut down, according to the company’s website. The failure was a disappointment for Virgin Orbit and British space officials, who had high hopes that the launch would mark the beginning of more commercial opportunities for the U.K. space industry.

    The 747 “Cosmic Girl” jet — a repurposed Virgin Atlantic passenger jet, with the 70-foot-long 57,000-pound LauncherOne rocket tucked under its left wing — took off on January 9 from Cornwall Airport Newquay near Britain’s southwest coast in what had been billed as the first orbital launch from the United Kingdom and western Europe.


    Virgin Orbit U.K. space mission fails as rocket suffers “anomaly” after launch

    05:36

    After a successful climb into space, Cosmic Girl successfully released LauncherOne, but the rocket experienced a problem before reaching orbit.

    The company said last month that an investigation into the failure found that its rocket’s fuel filter had become dislodged, causing an engine to become overheated and other components to malfunction. The nine small satellites it carried fell back to Earth and landed in the Atlantic Ocean.

    “Our investigation is nearly complete and our next production rocket with the needed modification incorporated is in final stages of integration and test,” Virgin Orbit said in its statement Thursday.

    The investigation includes oversight by regulators in the U.S. and the U.K., including the U.S. Federal Aviation Administration and the U.K. Air Accidents Investigation Branch, according to the Virgin Orbit site.

    The company has said that its next launch will take place from the Mojave Air and Space Port in California for a commercial customer. It hasn’t provided a date.

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  • SpaceX follows Crew Dragon launch scrub with successful Starlink flight

    SpaceX follows Crew Dragon launch scrub with successful Starlink flight

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    While working to fix a problem that derailed an attempt to launch a four-man crew to the International Space Station, SpaceX pressed ahead with the launch of another Falcon 9 rocket Monday, this one carrying 21 next-generation Starlink internet satellites.

    The last-minute scrub of a Falcon 9 and Crew Dragon capsule at the Kennedy Space Center was caused by trouble with the rocket’s first-stage engine ignition system. To allow time to fix the problem, and to avoid expected bad weather Tuesday, another attempt to send the Crew Dragon fliers on their way was delayed to Thursday.

    But that didn’t affect work at the nearby Cape Canaveral Space Force Station where a different SpaceX team counted down to launch of another Falcon 9 from pad 40. This time around, after a delay due to high levels of electrically charged solar wind particles, the countdown ticked smoothly to zero at 6:13 p.m. EST.

    022723-launch2.jpg
    A SpaceX Falcon 9 rocket thunders away from the Cape Canaveral Space Force Station carrying 21 second-generation Starlink internet satellites. The California rocket builder has now launched more than 4,000 broadband relay stations with thousands more to come.

    William Harwood/CBS News


    Streaking away to the southeast a few minutes before sunset, the first stage boosted the vehicle out of the dense lower atmosphere in spectacular fashion before falling away and heading for landing on an offshore droneship.

    The second stage continued the climb to orbit and one hour after liftoff, the 21 Starlinks were released to fly on their own in a 230-mile-high orbit that will carry them 43 degrees to either side of the equator. In that orbit, the satellites will fly over all points as far north as Boston and as far south as New Zealand.

    The Starlink system is designed to deliver relatively high-speed internet to customers anywhere on Earth using thousands of broadband relay stations in multiple low-altitude orbits. The satellites maintain connections with customers using laser links to hand off data streams from one to another as they pass overhead.

    Including Monday’s launch, SpaceX has now launched 4,002 Starlinks, “and is providing high-speed internet to more than one million locations around the world, the majority of which are households,” the company said in an online overview.

    “Starlink continues to grow rapidly, and SpaceX has raced to keep up with a surging demand for connectivity across the globe, especially in areas where few, if any, options for broadband connections have existed before now.”

    To meet that demand, the company is now building two versions of a larger, more powerful Starlink satellite. One that is intended to fly on the company’s planned Super Heavy/Starship rocket and a slightly smaller variant that can be carried aloft by the less powerful Falcon 9.

    The Version 2, or V2, satellites launched on Falcon 9 “are a bit smaller, so we affectionately refer to them as ‘V2 Mini’ satellites,” SpaceX said. “But don’t let the name fool you, a V2 Mini satellite has four times the capacity for serving users compared to its earlier counterparts.”

    022723-v2mini-stacked.jpg
    Twenty-one second-generation “V2 Mini” Starlink satellites are shown stacked for launch before encapsulation inside a Falcon 9 nose cone fairing. The satellites are larger and more powerful than the models launched to date.

    SpaceX


    SpaceX is one of several companies building space-based internet delivery systems, raising concerns about the possibility of malfunctions and debris-creating collisions threatening other spacecraft.

    But SpaceX says its satellites are designed to operate in relatively low-altitude orbits that allow atmospheric drag to quickly deorbit spacecraft at the end of their lives or in case of disabling malfunctions, minimizing the threat of collisions.

    The satellites can automatically change course to avoid potential close encounters with other spacecraft or debris and the company publishes detailed tracking data to give governments and other satellite operators detailed situational awareness.

    One major issue associated with Starlinks and other planned “mega constellations” of space-based internet relay stations is their reflectivity and potential impact on ground-based optical and radio telescopes.

    SpaceX said it is actively working with the astronomical community to develop mitigations, including advanced coatings and operational procedures designed to minimize the reflectivity of the V2 satellites.

    “While our V2 Mini satellites are larger than earlier versions, we’re still expecting them to be as dark or darker once the full range of mitigations are implemented and the satellites reach their operational orbit,” SpaceX said.

    “However, we want to emphasize that even though brightness component measurements, ground modeling and analysis show effective brightness mitigations, we won’t know the full efficacy of our efforts until on-orbit observations are made of the satellites and data is collected and analyzed.”

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  • SpaceX launch doubleheader puts 51 Starlinks and Inmarsat relay station into orbit

    SpaceX launch doubleheader puts 51 Starlinks and Inmarsat relay station into orbit

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    SpaceX launched Falcon 9 rockets from both coasts Friday, firing off 51 of the company’s Starlink internet satellites from California, and then boosting a high-power Inmarsat commercial relay station into orbit from Florida.

    The latest batch of Starlinks was launched from Vandenberg Space Force Base, northwest of Los Angeles, at 2:12 p.m. EST. The climb to space went smoothly, and 15 minutes after liftoff, the Starlinks were released in a batch, slowly spreading apart as they drifted away.

    SpaceX has now launched 3,981 broadband relay stations in 75 flights as the California rocket builder populates its globe-spanning commercial constellation with tens of thousands of satellites, providing low-latency, relatively high-speed internet to customers at any point on the planet.

    021723-inmarsat-launch.jpg
    A SpaceX Falcon 9 rocket roars to life and climbs away from the Cape Canaveral Space Force Station, boosting Inmarsat’s 6/F2 communications satellite to orbit. It was the California rocket builder’s second launch in nine hours.

    SpaceX


    With the Starlinks safely away, SpaceX engineers at the Cape Canaveral Space Force Station in Florida pressed ahead with the launch of Inmarsat’s second 6-series communications satellite, a powerful new dual-band relay station intended for government and industrial-level mobile communications.

    The countdown went off without a hitch and the rocket blasted off at 10:59 p.m. EST, lighting up a cloudy overnight sky for miles around as it climbed away to the east over the Atlantic Ocean. About 30 minutes later, the 12,345-pound satellite was released to fly on its own.

    “Inmarsat has focused exclusively on mobility, we do not serve residential consumers and fixed businesses so much,” Peter Hadinger, Inmarsat’s chief technology officer, told Spaceflight Now. “Our focus is on the maritime industry, the aviation industry and governments. But the majority of things we do are on the move.”

    021723-inmarsat-deploy.jpg
    The Inmarsat 6/F2 relay station was released from the Falcon 9’s second stage a half hour after launch.

    SpaceX


    Inmarsat 6/F2 is able to provide two-way communications with aircraft, ships at sea and other vehicles as they are “rolling and rocking and doing whatever they’re doing,” Hadinger said. “So all of this has to be tracked and handed off from beam to beam and from satellite to satellite as the user moves around the world.”

    Released into an highly elliptical orbit, the new satellite will use electric thrusters to circularize its orbit at an altitude of 22,300 miles above the equator where it will appear to hang stationary in the sky.

    After tests and checkout, Inmarsat 6/F2 will go into service over the Atlantic Ocean, joining an identical satellite launched earlier.

    “The thing that makes it unique is all of the signal processing that goes on,” Hadinger said. The satellites are “capable of forming beams on the Earth and moving them around in real time, creating channels as we need them, moving the spacecraft’s power to where it’s required. And that makes it a very capable spacecraft.”

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  • SpaceX launches high-power Spanish communications satellite

    SpaceX launches high-power Spanish communications satellite

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    SpaceX launched a high-power Spanish communications satellite Monday that will serve government and corporate users in the Americas, Greenland and along Atlantic Ocean air and maritime shipping corridors.

    “One of the main target markets for this satellite is mobility, in particular in-flight connectivity and maritime (services),” Ignacio Sanchis, chief commercial officer of satellite owner Hispasat, told Spaceflight Now.

    “We will also be providing connectivity services for governments and corporations in the fields of energy, oil and gas, etc., as well as telcos and mobile network operators in extending their cellular networks,” Sanchis added.

    020623-launch3.jpg
    A time exposure captures the launch of Hispasat’s Amazonas Nexus communications satellite atop a SpaceX Falcon 9 rocket, arcing above a full moon as the California rocket builder chalked up its ninth flight so far this year.

    William Harwood/CBS News


    Using a first stage making its sixth flight, the 229-foot-tall Falcon 9 roared to life at 8:32 p.m. EST and quickly shot away from the Cape Canaveral Space Force Station, arcing over a full moon as it disappeared from view high above the Atlantic Ocean.

    Thirty-six minutes later, after dropping off the first stage and carrying out two upper stage engine firings, the rocket released Hispasat’s Amazonas Nexus relay station into an elliptical orbit. Along the way, the first stage flew itself to touchdown on an off-shore landing barge.

    The Amazonas Nexus satellite’s on-board electric thrusters will be used over the next few weeks to circularize the orbit at an altitude of 22,300 miles above the equator. In such geosynchronous orbits, spacecraft take 24 hours to complete one orbit and thus appear to hang stationary in the sky. That, in turn, allows the use of stationary antennas on the ground.

    020523-nexus-artist.jpg
    An artist’s concept of the Amazonas Nexus communications satellite in orbit showing its coverage of the Americas, Greenland and large swaths of the Atlantic Ocean.

    Hispasat


    Built by Thales Alenia Space, the 4.5-ton Amazonas Nexus is a “high-throughput satellite,” or HTS, featuring a next-generation Digital Transparent Processor, a “technological breakthrough,” the company says, that will allow the satellite to be upgraded in orbit for different applications.

    “Amazonas Nexus is the most advanced satellite of Hispasat’s fleet,” Sanchis said. “It’s a very powerful HTS satellite, which incorporates (a) leading edge digital processor. So it provides a great deal of flexibility for reconfiguration of the payload.”

    Once checked out and stationed at 61 degrees west longitude, the satellite will serve all of the Americas, Greenland and air- and sea-corridors, focusing on mobile users and providing connectivity aboard ships, aircraft and in rural areas.

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  • Virgin Orbit’s LauncherOne rocket suffers in-flight failure in Britain’s first orbital flight

    Virgin Orbit’s LauncherOne rocket suffers in-flight failure in Britain’s first orbital flight

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    Virgin Orbit launched nine small satellites atop a rocket dropped from a 747 jumbo jet south of Ireland on Monday, but the booster suffered a failure during the climb to space and the payloads were lost, the company said.

    The 747 “Cosmic Girl” jet took off from Cornwall Airport Newquay near Britain’s southwest coast in what had been billed as the first orbital launch from the United Kingdom and western Europe.

    The repurposed Virgin Atlantic passenger jet, with the 70-foot-long 57,000-pound LauncherOne rocket tucked under its left wing, took off just after 5 p.m. EST, cheered on by airport workers, area residents and government officials as it slowly climbed away to the west and disappeared from view over the Atlantic Ocean.

    010923-cosmicgirl.jpg
    Virgin Orbit’s “Cosmic Girl” 747 jumbo jet undergoing final preparations before taking off with a LauncherOne rocket attached to its left wing. The rocket, carrying nine small satellites, was released over the Atlantic Ocean south of Ireland for a planned climb to polar orbit, but a malfunction of some sort triggered a mission-ending failure.

    Virgin Orbit webcast


    After reaching an altitude of around 35,000 feet off the southern coast of Ireland, the aircraft carried out a racetrack-like loop around the drop point while engineers made final checks and verified the rocket’s readiness for launch.

    Then, approaching the drop point a second time, LauncherOne was released. As the 747 banked sharply away to provide plenty of clearance, the rocket’s first stage engine ignited with 80,000 pounds of thrust to begin the southwesterly climb to space.

    Three minutes later, the first stage fell away and the ascent continued on the power of the second stage engine, providing 5,000 pounds of push. Virgin confirmed stage separation and ignition of the second stage engine, but it was not clear if the burn was completed as planned or whether a problem developed after engine shutdown.

    After a few long moments of silence, Virgin’s webcast commentator said “it appears LauncherOne has suffered an anomaly, which will prevent us from making orbit on this mission.” The company then tweeted the same, adding “we are evaluating the information.”

    The company initially tweeted the rocket had reached orbit, but then posted an update, saying “as we find out more, we’re removing our previous tweet about reaching orbit. We’ll share more info when we can.”

    On board for Monday’s launching were nine small satellites representing a mix of government and private-sector projects in Britain, the United States, Oman, Poland and the European Space Agency.

    The Aman satellite, Oman’s first, was a small Earth-observation platform built in collaboration with SatRevolution, a Polish “new space” satellite developer. Britain’s Defense Science and Technology Laboratory and the U.S. Naval Research Laboratory sponsored two CubeSats to study the ionosphere.

    Britain and the European Space Agency collaborated on a satellite known as DOVER, designed to test advanced global navigation technology, while Space Forge of Wales developed an experimental platform to test Earth-return technology.

    010923-track.jpg
    Virgin’s 747 jet took off from southwest Britain and released the LauncherOne rocket south of Ireland.

    Virgin Orbit


    The manifest was rounded out by IOD-3 Amber, the first of more than 20 British-built satellites designed to provide space-based “marine domain awareness,” and STORK-6, the fourth in a series of SatRevolution multi-spectral Earth-observation CubeSats.

    Virgin’s LauncherOne, built in the United States, had completed five flights before Monday’s launch. The initial flight carrying a dummy payload was a failure, but the following four missions, carrying a variety of “smallsats” were successful.

    All of those flights originated at the Mojave Air and Space Port in California. Virgin founder Richard Branson looked to Monday’s flight to demonstrate a unique ability to launch small satellites from anywhere in the world.

    “Europe has never put a satellite into space and the one cool thing about using a Virgin Atlantic 747 is that we can fly to any country and we can put satellites into space, and we can do it at a moment’s notice,” he said before launch.

    But not quite yet.

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  • World’s 1st space tourist signs up for flight around moon

    World’s 1st space tourist signs up for flight around moon

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    CAPE CANAVERAL, Fla. — The world’s first space tourist wants to go back — only this time, he’s signed up for a spin around the moon aboard Elon Musk’s Starship.

    For Dennis Tito, 82, it’s a chance to relive the joy of his trip to the International Space Station, now that he’s retired with time on his hands. He isn’t interested in hopping on a 10-minute flight to the edge of space or repeating what he did 21 years ago. “Been there, done that.”

    His weeklong moonshot — its date to be determined and years in the future — will bring him within 125 miles (200 kilometers) of the lunar far side. He’ll have company: his wife, Akiko, and 10 others willing to shell out big bucks for the ride.

    Tito won’t say how much he’s paying; his Russian station flight cost $20 million.

    The couple recognize there’s a lot of testing and development still ahead for Starship, a shiny, bullet-shaped behemoth that’s yet to even attempt to reach space.

    “We have to keep healthy for as many years as it’s going to take for SpaceX to complete this vehicle,” Tito said in an interview this week with The Associated Press. “I might be sitting in a rocking chair, not doing any good exercise, if it wasn’t for this mission.”

    Tito is actually the second billionaire to make a Starship reservation for a flight around the moon. Japanese fashion tycoon Yusaku Maezawa announced in 2018 he was buying an entire flight so he could take eight or so others with him, preferably artists. The two men both flew to the space station, from Kazakhstan atop Russian rockets, 20 years apart.

    Tito kicked off space tourism in 2001, becoming the first person to pay his own way to space and antagonizing NASA in the process. The U.S. space agency didn’t want a sightseer hanging around while the station was being built. But the Russian Space Agency needed the cash and, with the help of U.S.-based Space Adventures, launched a string of wealthy clients to the station through the 2000s and, just a year ago, Maezawa.

    Well-heeled customers are sampling briefer tastes of space with Jeff Bezos’ Blue Origin rocket company. Richard Branson’s Virgin Galactic expects to take paying passengers next year.

    Starship has yet to launch atop a Super Heavy booster from the southern tip of Texas, near the Mexican border. At 394 feet (120 meters) and 17 million pounds (7.7 million kilograms) of liftoff thrust, it’s the biggest and most powerful rocket ever built. NASA already has contracted for a Starship to land its astronauts on the moon in 2025 or so, in the first lunar touchdown since Apollo.

    Tito said the couple’s contract with SpaceX, signed in August 2021, includes an option for a flight within five years from now. Tito would be 87 by then and he wanted an out in case his health falters.

    “But if I stayed in good health, I’d wait 10 years,” he said.

    Tito’s wife, 57, said she needed no persuading. The Los Angeles residents are both pilots and understand the risks. They share Musk’s vision of a spacefaring future and believe a married couple flying together to the moon will inspire others to do the same.

    Tito, who sold his investment company Wilshire Associates almost two years ago, said he doesn’t feel guilty splurging on spaceflight versus spending the money here on Earth.

    “We’re retired and now it’s time to reap the rewards of all the hard work,” he said.

    Tito expects he’ll also shatter preconceived notions about age, much as John Glenn’s space shuttle flight did in 1998. The first American to orbit the Earth still holds the record as the oldest person in orbit.

    “He was only 77. He was just a young man,” Tito said. “I might end up being 10 years older than him,”

    ———

    The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.

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  • SpaceX Falcon 9 puts on spectacular sunset sky show boosting 2 Intelsat satellites to orbit

    SpaceX Falcon 9 puts on spectacular sunset sky show boosting 2 Intelsat satellites to orbit

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    Running two days late after back-to-back scrubs, SpaceX launched a pair of Intelsat communications satellites from Cape Canaveral Saturday evening in the company’s third Falcon 9 launch in as many days. It followed two flights Wednesday, one from each coast, that were just seven hours apart.

    Using a first stage making its 14th flight — the most yet for a non-SpaceX commercial customer — the latest Falcon 9 blasted off from the Cape Canaveral Space Force Station at 7:05 p.m. EDT and climbed away on a due-east trajectory over the Atlantic Ocean.

    After dropping off the well-used first stage for recovery on a SpaceX landing barge, the rocket’s upper stage propelled the two-satellite payload out of the discernible atmosphere, and released them into elliptical “transfer” orbits, as planned, about 40 minutes after launch.

    100822-droneship.jpg
    A remarkable view of the Falcon 9 heading toward space as seen by a camera on board a SpaceX droneship stationed several hundred miles downrange in the Atlantic Ocean. All rocket exhaust plumes expand in the low-pressure environment of the extreme upper atmosphere, but the effect is especially striking at sunrise or sunset. The rocket’s first stage, making its record-tying 14th flight, landed successfully  about nine minutes after liftoff.

    SpaceX


    Spectacular video from the SpaceX droneship — awaiting the first stage several hundred miles down range in the Atlantic Ocean — showed the rocket’s second stage exhaust plume dramatically expanding in the low-pressure upper atmosphere, an eye-catching effect best seen when backlit at dawn or sunset.

    Area residents, tourists and photographers, amateur and professional alike, tweeted equally spectacular views of the rocket, silhouetted in front of the rising full moon as it raced toward orbit.

    “Captured Falcon 9 with Intelsat Galaxy 33 & 34 transiting the full Hunter’s Moon tonight from the waters of Florida’s Indian River,” tweeted photographer Trevor Mahlmann.”

    In any case, with a successful launch behind them, Intelsat’s Galaxy 33 and 34 satellites will use on-board propulsion to raise the low and high points of their orbits until both reach circular “geosynchronous” altitudes, 22,300 miles above the equator, in direct line of sight to North America.

    The satellites are the latest in an FCC-mandated drive to free up space in the radio spectrum for 5G mobile networks, requiring new satellites to replace lost capacity. Galaxy 33 and 34 will be used by a variety of major media outlets, including HBO, the Disney channel, Starz and the Discovery channel.

    100822-launch1.jpg
    A view of launch from the nearby Kennedy Space Center as the Falcon 9 climbed away from pad 40 at the Cape Canaveral Space Force Station.

    William Harwood/CBS News


    “They’re part of a seven-satellite buy that we did in 2020 to replace some of our Galaxy satellites,” Jean-Luc Froeliger, senior vice president of space systems at Intelsat, told Spaceflight Now.

    “Galaxy” is a brand name for Intelsat relay stations serving North America. The new satellites are being launched in pairs, with four more flights planned before the end of the year. That includes two from Cape Canaveral, Florida, using another Falcon 9, and two from French Guiana, using a European Ariane rocket.

    The seventh Galaxy is heavier than the others and will be launched by itself in the first half of 2023.

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