Virginia Budget Includes
$11 Million for Spaceport Improvements (Source:
SPACErePORT)
A report to the Virginia Subcommittee on Transportation, dated February
3, includes recommendations for funding two projects at Wallops Island
for the Virginia Commercial Spaceflight Authority. The first is an $8.5
million transfer from the state's Transportation Trust Fund to the
Commonwealth Space Flight Fund for improving "waterfront facilities for
multimodal unmanned vehicle test operations." An additional $2.5
million is recommended "for the completion of Launch Pad LC-2" at the
spaceport for small rockets.
The $2.5 million is in addition to a $5 million state grant previously
approved as an incentive for Rocket Lab. The $11 million has been
approved by the Virginia Senate and awaits approval by the House of
Delegates (2/17)
The New Space Race Gets a
Reality Check (Source: Inverse)
Humanity could be on the verge of a breakthrough in space exploration,
but one of its architects is a virtual unknown. Rick Tumlinson, 63, has
spent the past three decades pushing for a new space race, testifying
before Congress to “peel the fingers of the aerospace industrial
complex” off of transportation and pave the way for the likes of Jeff
Bezos and Elon Musk. Last year, he founded the SpaceFund, a venture
capital firm aimed at bringing money into this new era.
Last month, Tumlinson’s team released “Reality Rating,” a database that
ranks companies based on how well the hype lives up to their true
potential. It’s the sort of information that could prove useful for
investors, just as humanity gains the ability to send people and items
into space cheaper than ever. "here are a lot of young male engineers
who like rockets, who are playing into the excitement of what is about
to happen. They see these announcements of these multi-thousand
satellite constellations and think, my system will work better. There’s
nothing negative at all about what’s happening; it’s exciting. But they
are all going to run into what I call Darwin’s Spreadsheet, the harsh
realities of business." (2/15)
Newly Signed Funding Bill
Gives NASA’s Budget a Significant Boost (Source: The Verge)
After enduring the longest government shutdown in history, NASA stands
to receive a big boost in funding for fiscal year 2019, thanks to a new
budget bill signed by President Trump today. The legislation, which
funds the federal government through September 30th, 2019, would give
NASA $21.5 billion — an increase over last year’s budget of $20.7
billion and much more than the $19.9 billion the agency asked for.
Practically every major program within NASA will receive a boost. The
agency’s science programs, which cover planetary missions and Earth
science, will receive a total $6.9 billion, up from $6.2 billion from
last year. The human exploration program will get $5 billion, while it
got $4.79 billion in 2018. And many of the NASA missions that the
president tried to get rid of still live on. The most notable of these
is the agency’s WFIRST mission, a new space-based telescope that NASA
has been developing to look for planets outside our Solar System and
search for dark energy in the Universe. (2/15)
National Debt Soars to
$22 Trillion (Source: Yahoo Finance)
Despite President Trump's early promise to eliminate the national debt,
according to the Treasury department, the total public debt crossed the
$22 trillion mark on Monday, with some $30 billion in debt added this
month alone. When President Trump took office, debt stood just over
$19.9 trillion. In 2019 the U.S. will need $338 billion for paying
interest on the debt, which reduces the levels of funding available for
infrastructure and other national priorities.
There are a few reasons. The most recent can be attributed to the Tax
Cuts and Jobs Act (TCJA). According to estimates by the CBO, TCJA will
add $1.9 trillion to the national debt. Congress also increased
spending on the military and domestic programs in a spending bill that
topped $1.3 trillion dollars. But that isn’t all. An aging population
has increased spending on healthcare, while retiring Baby Boomers put a
strain on Social Security. (2/13)
NASA Ready to Risk Failed
Launches and Landings to Return to Moon (Source: Fotrune)
NASA is aiming for a speedy — and lengthy — return to the Moon using
commercial operators and is willing to accept higher risks to achieve
it. “We care about speed. We do not expect that every one of those
launches or every one of those landings will be successful,” associate
administrator Thomas Zurbuchen said Thursday. “We are taking risks.”
Zurbuchen and NASA administrator Jim Bridenstine announced a bevy of
lunar projects during the briefing, including fleshed-out details of
the Commercial Lunar Payload Services (CLPS) contracts, which invite
commercial firms to bid for the rights to develop vehicles to carry
science and technology payloads that will ultimately operate on the
surface of the Moon. (2/15)
Back Pay for Contractors
at NASA Not Included in Budget Deal (Source: Houston
Chronicle)
Contract workers at NASA's Johnson Space Center were denied back pay
for the 35-day federal government shutdown in a budget deal signed by
President Donald Trump on Friday. “The rejection of federal contract
worker back pay by the GOP leadership in this funding deal is
outrageous and unfair,” Robert Martinez Jr., president of the
Machinists Union International, said in a statement. “It was a 35-day
disaster that created extreme stress for federal contract workers and
continues to put their financial well-being at risk. We need Congress
to act now.” (2/15)
I Fell Under the Spell of
NASA’s Most Notorious Thief (Source: The Atlantic)
I first heard of Thad Roberts during a lecture on black holes. November
18, 2000, was the University of Utah’s Science Day, a grand affair for
visiting high-school students like me; the lecture hall was packed. The
professor boasted that the university’s own rising star, Thad Roberts,
had just been accepted to NASA’s internship program. At 23, Roberts was
a triple major in physics, geology, and geophysics, as well as the
founder of the Utah Astronomical Society. He was determined to be the
first person on Mars. He was also about to change the trajectory of my
life.
After the lecture, I asked my undergraduate guide, who was friends with
Roberts, to pass him my email address. I wanted to be an
astrophysicist, but my ambitions conflicted with my upbringing; as a
16-year-old Mormon girl, I felt pressure to focus almost exclusively on
home, family, and church. I didn’t feel confident that I belonged in
science. Maybe this rising star could light the way. He became my
unofficial career counselor. But then the Mars-bound intern captured
headlines for a different reason: In the summer of 2002, he stole more
than $20 million worth of moon rock and Martian meteorite samples from
under NASA’s nose. He was caught in an FBI sting in Florida and spent
six years in prison.
The heist sabotaged not only Roberts’s own goals of space travel but
also those of his accomplices: fellow NASA interns Tiffany Fowler, then
22, and Shae Saur, then 19. “Being an astronaut is something I had
planned to do and aspired to do my entire life,” Saur told the Houston
Chronicle before she was sentenced. “My own actions have shattered that
dream.” The two Texan women were given three years’ probation and
required to repay NASA $9,000 in damages. Click here.
(2/15)
Branson Hunts Galactic
Cash After Grounding $1 Billion Saudi Deal (Source: Sky
News)
Sir Richard Branson is hunting new funds for his commercial space
ventures, months after halting a $1bn (£775m) Saudi-funded deal amid an
international furore over the murder of Jamal Khashoggi. Sky News has
learnt that the Virgin Group founder has hired LionTree Advisors, a
corporate finance firm, to help raise hundreds of millions of pounds to
inject into Virgin Galactic and Virgin Orbit.
Discussions with prospective investors, including sovereign wealth
funds, private equity firms, high net worth individuals and strategic
partners, are already under way, according to people close to the
process. LionTree's appointment is understood to have been made on the
back of expressions of investor interest that followed Galactic's test
flight in December to the edge of space. Sources said this weekend that
Sir Richard was seeking funding that would value Virgin Galactic and
Virgin Orbit, which launches satellites for commercial customers, at a
combined sum of well over $2bn. (2/16)
China's Pouring Serious
Money Into Potential Rivals of SpaceX and Blue Origin
(Source: CNBC)
Elon Musk's SpaceX and Jeff Bezos' Blue Origin have long dominated the
news with their respective advances in private space travel industry.
But two private Chinese companies are also making big moves and gaining
billions in investments as China's state space agency announces its own
ambitious goals. Here's what's going on in the global space race. Click
here.
(2/15)
No comments:
Post a Comment