Boom Gets a $33 Million Funding Boost
for Supersonic Jet (Source: Denver Post)
So many investors wanted in on the supersonic jet in development in
Centennial that Boom Technology decided to accept more funding than it
set out to attract. It raised $33 million, the company plans to
announce Wednesday. “We now have all the money we need to go and build
an airplane,” Boom CEO and co-founder Blake Scholl said.
The plane, of course, is no ordinary aircraft. It intends to travel
faster than last century’s Concorde, but will be smaller, lighter and
cheaper. Boom says the future plane will travel faster than the speed
of sound and fly from New York to London in 3 hours and 15 minutes —
for $5,000 round trip. The lure of faster, affordable travel enticed
investors, but their attraction to Boom is a supersonic jet that is
feasible and marketable.
Investors in this Series A $33 million round lined up to partake. The
latest round, which brings Boom’s total funding to $41 million,
includes investment from 8VC, Caffeinated Capital, Palm Drive Ventures,
RRE Ventures and technology accelerator Y Combinator. Y Combinator
president Sam Altman and Greg McAdoo, formerly with Silicon Valley’s
Sequoia Capital venture firm, will join Boom’s board. (3/22)
Here's How Florida Will Fill Hundreds
of Aerospace Jobs (Source: Brevard Business News)
While some companies may face trouble finding the right kind of
technology and manufacturing talent in Central Florida, one Brevard
County group is hoping to lessen the pressure by building on one of its
programs. Part of the solution comes from Economic Development
Commission of Florida's Space Coast program called Certified Production
Technician that is mainly for manufacturing positions.
The Space Coast EDC told Orlando Business Journal that the pilot
program started two years ago, but it officially launched late last
year. The program is in partnership with Eastern Florida State College
in Cocoa, which offers the courses for the certification. Discounts for
the 10-week course's tuition are offered from Space Coast EDC. Since
September, 71 students have participated in the program. The next class
is scheduled to begin April 17. (3/21)
Weakness in FAA's Insurance
Calculation May Expose the Government to Excess Risk (Source:
SpaceRef)
The FAA has revised its method for calculating launch insurance
requirements to address some known weaknesses. The amount of insurance
required is based on FAA's calculation of the maximum loss that can be
reasonably expected. FAA contractors found the following:
FAA's estimates of the number of casualties (serious injuries and
deaths) that could result from a launch accident have likely been too
high, and have been based on an unrealistic scenario; FAA's estimates
of losses due to property damage may be too high in some cases, and too
low in others; and FAA's estimate of the average cost of a
casualty—referred to as the cost- of-casualty amount—is based on
outdated information and is likely too low. The amount has been fixed
at $3 million since 1988. Click here. (3/23)
NASA Selects CubeSat, SmallSat Mission
Concept Studies (Source: Space Daily)
NASA has selected ten studies under the Planetary Science Deep Space
SmallSat Studies (PSDS3) program, to develop mission concepts using
small satellites to investigate Venus, Earth's moon, asteroids, Mars
and the outer planets. Click here.
(3/23)
Russian ISS Module Delayed For a
Decade and Still Not Ready to Fly (Source: Popular Mechanics)
After years of delays, the Russian component of the International Space
Station—which Roscosmos originally planned to deploy in 2007—finally
looked like it was ready for launch. However another problem with the
Multi-Purpose Laboratory Module (MLM) now threatens to derail a project
that's already been plagued with them. The same severe contamination
that's kept the MLM on the ground since 2013 has returned, Russian
experts involved in the project said.
Dubbed Nauka (Russian for "science"), the MLM was designed to be a
centerpiece of the Russian part of the ISS as well as the core of the
post-ISS Russian station. Now that an ambitious future is once again
under threat. The MLM was originally intended as a backup to the
Russian Zarya module.
Fighting off political and logistical concerns surrounding the
project—as well suggestions that they ground the MLM entirely until it
can serve as the first module of Russia's own space station—the tedious
cleanup and repair effort entered its final phase this year, and the
module finally appeared on track for launch at the end of this year or,
at the very latest, the first half of 2018. Then things went from bad
to worse. Click here.
(3/22)
Magical Thinking Won't Get You to
Mars. (Washington Please Note) (Source: Time)
The 2033 target is nice, precise and buzzy, but for practical purposes
it's meaningless. Start with the things we need to build — in some
cases invent — before we get to Mars. After the SLS and Orion are
complete, we still need: a habitat module for the outward-bound and
return trips, radiation shielding, a landing module, a habitat for the
surface, a pressurized rover, a greenhouse facility and a way to
manufacture fuel, power and water onsite—infrastructure, in other
words, that we can barely build on Earth. Click here. (3/23)
Ariane 5 Launch Halted Indefinitely as
Kourou Labor Unrest Continues (Source: Space News)
An Ariane 5 launch already twice delayed by French Guiana labor unrest
was put on indefinite hold Thursday as protests shut down roads,
schools and municipal buildings in the South American territory that
hosts Europe’s main spaceport.
Arianespace was slated to launch a pair of satellites for Brazil and
South Korea on Tuesday evening from the Guiana Space Centre in Kourou,
French Guiana, but protests, road blockades and a strike by the space
center’s transportation and logistics contractor Endel combined to
prevent the Ariane 5 from rolling out to the launch zone.
Anticipating a swift resolution, Arianespace initially postponed the
launch to Wednesday and then postponed it again to Thursday. Local
newspaper France-Guyane reported Thursday morning that protesters
expanded their roadblocks overnight, prompting the closure of area
schools and government buildings. (3/23)
SSL Sues Rival Orbital ATK Over Theft
of Trade Secrets (Source: Reuters)
Space Systems/Loral is suing rival Orbital ATK over an alleged theft of
proprietary data and business plans for an in-space satellite servicing
technology. The lawsuit is the second in six weeks involving the
companies and their efforts to start a new industry servicing and
repairing satellites in orbit.
At least four confidential SSL documents were viewed and distributed by
an Orbital ATK employee working at NASA’s Langley Research Center in
Hampton, Virginia, where the data is stored as part of an ongoing SSL
partnership with the U.S. space agency, according to the complaint
filed in U.S. District Court for the Eastern District of Virginia.
(3/23)
Lockheed Martin Bringing VR-Equipped
Mars Bus to Orlando (Source: Orlando Sentinel)
Central Florida students and science enthusiasts will have several
opportunities to virtually visit Mars during the next few weeks.
Lockheed Martin, which employs more than 7,000 in the region, will
bring its Mars Experience Bus to multiple Orlando locations in late
March and early April.
The Mars Experience Bus is a standard school bus painted with
landscapes of the Red Planet and cartoon astronauts. But when you step
inside, all of the windows are equipped with virtual reality displays
that recreate the Mars surface. As a driver starts to move, students
can see the outside world. As they travel, however, all goes dark and
the screens become virtual reality-based displays that simulate the
landscape of Mars. (3/23)
China and Russia Test the U.S. in Space
(Source: Aviation Week)
China and Russia are engaging in hybrid warfare in space, says a member
of former President Ronald Reagan’s National Security Council. “They
are conducting probing, provocative actions just below the threshold of
any meaningful U.S. or allied response,” charges Roger Robinson, who
heads RWR Advisory Group, a security and business consultancy. (3/24)
Gravitational Waves Boot Gigantic
Black Hole from Galaxy's Core (Source: Space.com)
A supermassive black hole heftier than 1 billion suns has been ejected
from the core of its galaxy by gravitational waves, a new study
suggests. The monster black hole has already zoomed 35,000 light-years
away from its galaxy's center, farther than Earth and its sun are from
the core of our own Milky Way. And the behemoth is currently traveling
outward at 4.7 million mph (7.6 million km/h) — fast enough for the
black hole to escape its galaxy completely in 20 million years,
researchers said. (3/23)
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