July 21 News Items

NASA Not Discussing Japanese Cargo Support Procurement for Space Station (Source: NASA)
Contrary to news reports, NASA has not officially or unofficially been discussing the purchase of H-II Transfer Vehicles (HTV) -- uninhabited resupply cargo ships for the space station -- from the Japanese Space Agency, or JAXA. NASA is committed to domestic commercial cargo resupply to the space station and does not plan to procure cargo delivery services from Japan. (7/21)

Aerospace Sales Help Raise Honeywell's Q2 Profit 18% (Source: AIA)
Growth in aerospace sales helped push up Honeywell International's second-quarter profit by 18%. The company reported income of $723 million. It continues to expect double-digit earnings growth for the second half of this year. (7/21)

Space Angels Network Issues a Call for Applicant Companies (Source: Space Angels)
Space Angels Network, LLC, a national network of seed- and early-stage investors focused on aerospace-related ventures, has issued a Call
for Applicant Companies to its first Aerospace Venture Forum to be held in Los Angeles on September 26, 2008. The Forum will be a full-day event that showcases promising aerospace ventures and allows entrepreneurs to present their investment opportunities to an exclusive audience of active accredited investors. Visit http://www.spaceangelsnetwork.com for information. (7/21)

Are We Driven to Explore? (Source: Space Review)
Many of the arguments constructed in support of spaceflight focus on the importance of exploration. Rand Simberg questions that focus and argues that it would be more effective to find other, more compelling arguments. Visit http://www.thespacereview.com/article/1174/1 to view the article. (7/21)

Uncertain Futures (Source: Space Review)
Both civil and commercial spaceflight appears to be approaching a turning point, thanks to events ranging from the retirement of the shuttle to the development of commercial suborbital vehicles. Jeff Foust reports that what remains unclear is the direction and magnitude of the impending changes. Visit http://www.thespacereview.com/article/1173/1 to view the article. (7/21)

Military Space Policy in 2012 (Source: Space Review)
What will the next four years bring to military space policy in the US and elsewhere? Taylor Dinerman predicts little in the way of major upheavals, but still some opportunities for the next administration to affect change. Visit http://www.thespacereview.com/article/1172/1 to view the article. (7/21)

Kennedy Versus Obama on Space (Source: Space Review)
While Democratic presidential candidate Barack Obama has been compared to John F. Kennedy, Obama has been far less supportive of human spaceflight today than Kennedy was nearly 50 years ago. Michael Huang makes the case for Obama to change course. Visit http://www.thespacereview.com/article/1171/1 to view the article. (7/21)