Commercialization of Space

[HenryTo]

At this rate, it looks like private interests will get back to the moon ahead of NASA, which has its own target date of 2020:

http://www.space.com/missionlaunches/070628_genesis2_update.html

[rffrydr]

You'll understand nothing of the fiefdoms in Silicon Valley if you don't understand the politics (counter-culture 2.0) from whence it arises and the modern-day Maria Theresa Google embodies. All for the good.

http://www.bbc.co.uk/worldservice/documentaries/2010/02/100128_the_virtual_revolution_part_one.shtml

How easy to forget that the "good" is itself a concept with hierarchy built right in.
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Today is the Tomorrow you worried about Yesterday!

[HenryTo]

The next era of globalization will be enabled by much lower energy prices, as well as more streamlined space travel (and materials) technologies:
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Virgin Galactic readies maiden suborbital flight

by Paula Bustamante – Sun Dec 6, 12:03 pm ET
LOS ANGELES (AFP) – British billionaire Sir Richard Branson will unveil a craft on Monday that could soon carry tourists on an out-of-this-world trip into space -- for a mere 200,000 dollars.

The lunar-like landscape of the Mojave desert between Los Angeles and Las Vegas will stage the roll-out of Virgin Galactic's SpaceShipTwo (SS2), the brain child of aerospace engineer Burt Rutan.

SS2, which can carry six passengers and two pilots, plans to begin test flights next year and start commercial flights between 2011 and 2012.

Virgin Galactic, owned by Branson's Virgin Group and Abu Dhabi's Aabar Investments, says about 300 adventurers from around the world have paid a total of 40 million dollars in deposits to guarantee spots on the carbon composite wonder machine.

Aerospace experts are already bidding on suborbital flights as the next generation of business travel.

Pamela Hurley-Moser, owner of Hurley Travel Experts in Portland, Oregon, is among 50 travel consultants chosen as accredited space agents for Virgin Galactic.

The company now boasts specials to Iceland, Thailand and, yes, space.

But space tourism, for now, remains an exclusive experience reserved for those willing to pay the hefty fee for a seat on the two-and-a-half-hour flights 100 kilometers (62 miles) above Earth.

"Just as aviation, and before that rail and automobile transportation, first a few will go to space, but ultimately, over the next hundred years or so, spaceflight will become commonplace," said Charles Chafer, chief executive of Space Services, which specializes in space funerals.

In 2007, the Houston, Texas company released into space the ashes of "Star Trek" star James Doohan.

But Hong Kong to London in three hours?

"This is possible," Chafer told AFP. "And the history of human transportation suggests that when it is possible to shorten travel times, markets grow to enable that activity."

Space Services spokeswoman Susan Schonfeld noted that the company now takes the ashes of hundreds of people at a time into space, up from about 27 people in 2007.

"Through the years, I have had the opportunity to speak to hundreds and hundreds of people from all over the world," she noted. "We have launched very famous people... but 99 percent of the people are everyday people like myself that have a very deep sense of exploration I do believe is in all of us."

For Chafer, what today seems like an indulgence for adventurous millionaires will spur the construction of facilities for a solar power satellite system, asteroid exploration, mineral extraction and research of compounds cheaper to produce in microgravity.

"Transportation is an enabling tool," the aerospace executive insisted.

"Once we have routine transportation into suborbital and orbital space we will see business travel and package delivery times reduced and we will begin to see construction of large facilities in Earth orbit."

For Monday's launch, the WhiteKnightTwo mothership, which boasts a wingspan of 140 feet (42.7 meters), will carry the smaller SS2 rocket ship 50,000 feet (15.2 kilometers) into the sky before it detaches and blasts up to the brink of space.

There, the tourists can experience five minutes of weightlessness in a cabin with circular windows on the sides and the ceiling.

"As humanity eventually moves to other planets and bodies throughout the solar system, we will of course fly into -- and eventually live in -- space," predicted Chafer.

[HenryTo]

Obama administration looking to privatize space travel:

http://www.businessinsider.com/startups-in-space-2009-8

[HenryTo]

Branson to unveil mothership "White Knight Two." SpaceShip Two is only 70% complete - they're now looking for the maiden voyage to happen sometime in late 2009 or early 2010:

http://www.cnn.com/2008/TECH/space/07/27/space.tourism.ap/index.html?iref=mpstoryview

[HenryTo]

Ad Astra Rocket Company now developing the propulsion technology necessary for a trip to Mars that will take less than 40 days, as opposed to the current 3 years projected by NASA:

http://www.technologyreview.com/Infotech/19427/?a=f

[HenryTo]

Angel investors in Boston now investing in a space flight start-up. Three years after the successful launch of SpaceshipOne, the commercialization of space is finally getting some significant headlines:
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Investors weigh commercial spacellight By ALICIA CHANG, AP Science Writer
Sun Jul 1, 2:24 PM ET

LOS ANGELES - Just a few years ago, the idea of bankrolling starry-eyed ventures to fly ordinary people into space was laughed off as science fiction.

Now some investors are betting on space tourism as the next big thing.

The infant industry got a boost in June when a Boston-area investment group backed a private rocket company developing a spaceship that will take off and land like an airplane.

The deal between Boston Harbor Angels and XCOR Aerospace, believed to be the first investment by a group of angel investors in a commercial launch company, raised hopes that others will follow.

"This industry is going to explode or fizzle," said John Hallal of the Boston group. "If it's successful, people will look back and say, `These Boston Harbor investors are smart guys.' If not, it's not the end of the world."

Interest in space tourism took off after the 2004 history-making flight of SpaceShipOne, the first privately funded rocket to reach space. The project, entirely financed by Microsoft Corp. co-founder and billionaire entrepreneur Paul Allen, jump-started the new space race.

So far, the field is crowded with do-it-yourself tycoons — think Virgin Group chief Richard Branson and Amazon.com Inc. founder Jeff Bezos — who are spending their own fortunes in ventures that promise to give civilians their astronaut wings and the chance to float in zero gravity.

The smaller players lacking billionaire backing often turn to the rich for capital. These so-called angel investors often are retirees or wealthy executives searching for hot opportunities. They fill the gap between seed money from "friends, family and fools" and conservative venture capitalists who don't usually invest until companies are further along.

Since most space tourism angels are individuals who can only put up so much capital, companies often have to lure more than one to keep their business running. Observers say the XCOR deal is significant because it is backed by an angel network that can pool its capital.

Mojave-based XCOR, which is building a reusable suborbital vehicle named Xerus, sought out Boston Harbor through connections with one of its longtime investors. Both sides declined to reveal the size of the investment, but the Boston group normally commits $250,000 to $650,000.

"Our hope is that this will allow some local angel groups to take a second look at us," said Rich Pournelle, director of business development at XCOR.

XCOR, founded in 1999, is Boston Harbor's first foray into space and is one of its riskier investments. It previously invested in the technology, medical device and consumer product sectors. If all goes as planned, passengers will pay thousands of dollars to ride on the single-passenger Xerus and experience up to 3 minutes of weightlessness some 62 miles above Earth. XCOR has not released its flight schedule but says it plans to perform at least 20 test flights.

Boston Harbor said it was attracted to XCOR's management team and the fact that the rocket company has won government contracts, including from the Air Force, and intends to use its spaceship in other ways, such as for launching satellites and experimental payloads.

"It is a stamp of approval by one investor group saying `Hey, we think there's a market out there,'" said Burton Lee, a managing partner of Innovarium Ventures, which advises technology startups.

Despite some interest in space tourism, wooing venture capitalists and private equity firms has proven more difficult.

Such investors are skittish because commercial human spaceflight is risky: The passenger rockets aren't yet built and there's no firm timeline for when the first flights will take off. Though passengers have plunked down full or partial deposits with various companies ranging from $195,000 to $250,000 a head, it's unclear whether there's enough interest to sustain the market in the long run.

What's more, firms compete with traditional software, Internet, biotechnology and medical-device startups where the risk is lower and returns are potentially higher.

"Right now, it's more of an intrigue than it is an interest to run out and invest critical dollars," said Paul Schlosberg, chief executive of INCA Group, which advises companies about investment.

Angels invested about $26 billion overall last year — an 11 percent jump from 2005 — with most of the money going to health care and medical device companies, according to the Center for Venture Research at the University of New Hampshire.

About 51,000 businesses received angel funding last year, a 3 percent increase from 2005, the center found. There are no reliable data on how much of these investments are related to space tourism.

Recognizing the importance for early stage investment, a group of entrepreneurs in May had a soft launch of Space Angels Network, an online community aimed at connecting investors with business leaders.

Space executives post pitches online that can be viewed by potential investors. The Web site doesn't get any commission from deals. About a dozen members have signed up so far and no deals have been made yet. A formal launch is scheduled this fall.

"We want this to be a one-stop shop for early space ventures," said Guillermo Sohnlein, chairman of the International Association of Space Entrepreneurs and one of the site's founders.

Rocket entrepreneur Jim Benson, who is among the newest entrants in the space race, courts investors himself by touting his experience.

Last year, Benson stepped down from SpaceDev, a rocket company he founded with money he made in the software industry, to form Benson Space Co. to compete with the big guys.

The company has attracted about a dozen angels.

"You're looking for people who share the childhood dream of going to space and who are in the position of providing financial support," he said.

[HenryTo]

More at the following:

http://www.space.com/news/070410_nss_bigelow.html